Semiconductor Manufacturing Equipment Market Growth, Share, Outlook and Forecast 2023-2028
According to IMARC Group's latest report, titled "Semiconductor Manufacturing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global semiconductor manufacturing equipment market size reached US$ 90.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 159.5 Billion by 2028, exhibiting a growth rate (CAGR) of 9.75% during 2023-2028.
Semiconductor manufacturing equipment is primarily used to produce electronic devices and integrated circuits (ICs). It encompasses a wide range of processing machinery, including front-end and back-end equipment.
The utilization of semiconductor manufacturing equipment offers numerous benefits, including streamlined production processes, improved yield and reliability, minimized design and manufacturing errors, and enhanced workplace safety. These advantages make semiconductor manufacturing equipment highly sought-after in various industries, including automotive, electronics, and robotics.
Moreover, continuous advancements in semiconductor manufacturing technology and the development of sophisticated and efficient equipment are propelling the market growth.
Market Trends
The rapidly expanding electronics industry and the increasing demand for hybrid and electronic vehicles (H/EVs) are some of the key factors propelling the Semiconductor manufacturing equipment market growth. Semiconductors are widely utilized in manufacturing consumer electronics, such as laptops, tablets, and smartphones.
Additionally, rapid technological advancements, such as the use of artificial intelligence (AI) solutions and the integration of connected devices with the Internet of Things (IoT), are acting as another growth-inducing factor. Moreover, the emerging trend of device miniaturization has compelled key manufacturers to produce smaller electronic devices while maintaining high functionality and performance, which, in turn, is creating a positive outlook for the market.
Furthermore, extensive research and development (R&D) activities in the semiconductor industry and the inflating consumer expenditure power are boosting the market growth.
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The competitive landscape of the semiconductor manufacturing equipment market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Advantest Corporation
- Applied Materials Inc.
- ASML Holdings N.V.
- KLA Corporation
- Lam Research Corporation
- Onto Innovation Inc.
- Plasma-Therm LLC
- SCREEN Holdings Co. Ltd.
- Teradyne Inc.
- Tokyo Electron Limited
- Toshiba Corporation
Key Market Segmentation:
The report has segmented the global semiconductor manufacturing equipment market based on equipment type, front-end equipment, back-end equipment, fab facility, product type, dimension, supply chain participant and region.
Breakup by Equipment Type:
- Front-End
- Back-End
Breakup by Front-End Equipment:
- Lithography
- Deposition
- Cleaning
- Wafer Surface Conditioning
- Others
Breakup by Back-End Equipment:
- Testing
- Assembly and Packaging
- Dicing
- Bonding
- Metrology
- Others
Breakup by Fab Facility:
- Automation
- Chemical Control
- Gas Control
- Others
Breakup by Product Type:
- Memory
- Logic Components
- Microprocessor
- Analog Components
- Optoelectronic Components
- Discrete Components
- Others
Breakup by Dimension:
- 2D
- 2.5D
- 3D
Breakup by Supply Chain Participant:
- IDM Firms
- OSAT Companies
- Foundries
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East and Africa
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/semiconductor-manufacturing-equipment-market
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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