Semiconductor Manufacturing Equipment Market

Global Semiconductor Manufacturing Equipment Market Size (2023 to 2028)

The global semiconductor manufacturing equipment market size is expected to be worth USD 74.41 Billion in 2023. It is expected to grow at a CAGR of 6.10% during the forecast period and reach a value of USD 100.05 Billion by 2028.

Equipment that is employed in the manufacturing processes of semiconductors is the semiconductor manufacturing equipment. This equipment is classified into three categories, such as wafer assembly, fab, and test/back-end equipment.

MARKET DRIVERS:

The significant growth of the market is driven by the increasing demand for semiconductor applications in consumer goods, automotive, and electronics industries. The utilization of semiconductors for energy-saving applications, contributing to industry development, is driven by the growing number of data centers & servers across the globe. Further, the demand for semiconductors, owing to the increasing IoT devices like smart homes, smart wearables, & intelligent TVs and the growing utilization of IoT technologies across industries, are the factors that are bolstering the expansion for the growth of the market.

The growth in the consumer electronics market, the rising number of factories, and the trend of miniaturization & technology migration are the major factors that are driving the growth of the Global Semiconductor Manufacturing Equipment Market. Further, major factors that are creating lucrative growth opportunities in the growing consumer electronics industry across the globe because of the rise in household disposable income are also anticipated to encourage the semiconductor manufacturing equipment business in the future.

MARKET RESTRAINTS:

However, the high prices, expensive maintenance involved with these devices, and technical problems like wafer fab processing and scheduling of wafers that are faced during the fabrication process of this equipment are the factors that are supposed to restrain the growth of the market during the forecast period.

REPORT COVERAGE:

This research report on the global semiconductor manufacturing equipment market has been segmented and sub-segmented into the following categories.

Global Semiconductor Manufacturing Equipment Market – By Front End Equipment:

• Lithography
• DUV and EUV
• Wafer Surface Conditioning Equipment
• Etching
• Chemical Mechanical Planarization
• Cleaning Process
• Single-Wafer Spray System
• Single-Wafer Cryogenic System
• Batch Immersion Cleaning System
• Batch Spray Cleaning System
• Scrubber

Global Semiconductor Manufacturing Equipment Market – By Back End Equipment:

• Back-End Processes
• Assembly & Packaging
• Dicing Equipment
• Bonding Equipment
• Metrology Equipment
• Test Equipment

Global Semiconductor Manufacturing Equipment Market – By Fab Facilities Equipment:

• Factory Automation
• Chemical Control Equipment
• Gas Control Equipment

Global Semiconductor Manufacturing Equipment Market – By Supply Chain:

• Foundry
• OSAT Companies
• IDM Firms

Global Semiconductor Manufacturing Equipment Market – By Product Type:

• Memory
• Foundry
• Logic
• MPU
• Discrete
• Analog
• MEMS

Global Semiconductor Manufacturing Equipment Market – By Dimension Outlook:

• 2D
• 2.5D
• 3D

Global Semiconductor Manufacturing Equipment Market – By Region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

In the regional analysis of the Global Semiconductor Manufacturing Equipment Market, the market in the North American region is the global leader in revenue share. The factors that are boosting the growth of the target market in this area are the rising demand for hybrid and electric vehicles, which has accelerated the demand for semiconductors, and the presence of prominent players in this region.

The market in the Asia Pacific region is witnessing lucrative opportunities for the growth of the semiconductor manufacturing equipment market attributed to the presence of emerging economies such as China, Japan, Taiwan, and India, which represent higher penetration for the market. The boosting factors for the growth of the target market in this region are the policies such as Made in China 2025 & Make in India, the expansion of automotive and consumer goods, which has increased the demand for semiconductor manufacturing equipment.

KEY MARKET PLAYERS:

The key players in the Global Semiconductor Manufacturing Equipment Market include Adams Lithographing (US), AM Lithography Corporation (US), ASML (Netherlands), Canon Inc. (Japan), Energetiq Technology, Inc. (USA), and Group. In. (US), Gigaphoton Inc. (China), Inpria Corp (US), JEOL Ltd. (Japan), Mapper Lithography (Netherlands), Nikon Corporation (Japan), NIL Technology (China), NuFlare Technology Inc. (Japan), Qoniac (Germany), Raith GmbH (US), Rudolph Technologies (US), S-Cubed (US), SCREEN Semiconductor Solutions Co., Ltd. (Japan), SÜSS MICROTEC SE. (Germany), TOKYO OHKA KOGYO CO., LTD. (Japan), Toshiba Corporation (Japan), Vistec Electron Beam GmbH (Germany), and ZEISS International (Germany), among others

RECENT HAPPENINGS IN THE MARKET:

• HAMAMATSU Photonics has agreed to acquire Energetic Technology which is the world's leading developer and manufacturer of ultra-bright broadband light sources for a wide variety of advanced applications.
• Hoya Corp. has announced that it would make a counterbid of around $1.4 billion for NuFlare Technology Inc. in what could become a hostile offer for the Toshiba Corp. unit the electronics conglomerate plans to buy out.