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 autom...