The report "Semiconductor Manufacturing Equipment Market by Front-end Equipment, Back-end Equipment, Fab Facility Equipment (Automation , Chemical Control, Gas Control), Product Type, Dimension, Supply Chain Participant and Region - Global Forecast to 2028" The semiconductor manufacturing equipment market is projected to reach USD 149.8 billion by 2028 from USD 91.2 billion in 2023, at a CAGR of 10.4% from 2023 to 2028. The major factors driving the growth of the semiconductor manufacturing equipment market include surging demand for AI chips driven by future AI-driven workloads and applications and increasing demand for semiconductor fabrication facilities.
Browse 281 market data Tables and 81 Figures spread through 356 Pages and in-depth TOC on "Semiconductor Manufacturing Equipment Market by Front-end Equipment, Back-end Equipment, Fab Facility Equipment (Automation , Chemical Control, Gas Control), Product Type, Dimension, Supply Chain Participant and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/semiconductor-manufacturing-equipment-market-263678841.html
The lithography segment is expected to account the largest size of the semiconductor manufacturing equipment market in 2023
In 2023, the lithography equipment segment is expected to hold the largest share due to the globally increasing demand for semiconductor devices, which has led to the increased use of photolithography equipment. According to the Semiconductor Industry Association (SIA), there was a significant rise in annual sales of semiconductors, with figures increasing from USD 139.0 billion to USD 573.5 billion, representing a surge of 313% between 2001 and 2022. During the same time frame, there was a surge in unit sales of semiconductors by 290%, demonstrating a rise in demand for semiconductors across various sectors of the economy across the world.
The chemical control equipment segment is expected to register the highest CAGR during the forecast period
Chemical control equipment is used widely for checking the flow and level of chemicals used in wafer fabrication, cleaning, and other processes. Contamination control through chemical control equipment has a significant impact on yield and equipment efficiency, as these equipment provide repeated and reliable delivery of pure chemicals during the semiconductor manufacturing processes. Thus, widespread adoption of chemical control equipment is being observed, and this trend is anticipated to continue in the coming years. Due to this, the chemical control equipment segment is expected to register the highest CAGR during the forecast period.
The 2D ICs segment is expected to account the largest size of the semiconductor manufacturing equipment market in 2023
The 2D ICs are used since long as 2D integration of diverse technologies improves device performance. Also, 2D ICs developed using flip-chip technique provides higher input/output rates and occupies less space. They are also cost effective compared to 2.5D and 3D ICs as well as found application in numerous electronic devices. Due to this, the 2D ICs segment is expected to account for the largest size of the semiconductor manufacturing equipment market in 2023.
Asia Pacific is expected to register the highest CAGR during the forecast period
Asia Pacific has been a game-changer for the semiconductor manufacturing equipment market According to the Semiconductor Industry Association, strong government support and increased R&D expenditure in China, Japan, South Korea, and Taiwan have led to the emergence of these countries as leading semiconductor players globally. In addition, the region houses semiconductor fabrication facilities of a few major IDMs such as Intel Corporation, Micron Technology, Inc., NXP Semiconductors, SK Hynix Inc., Samsung Electronics Co., Ltd. Texas Instruments Incorporated, ASMPT, SHIBUYA CORPORATION, Kulicke and Soffa Industries, Inc., and SHINKAWA Electric Co., Ltd. The presence of local players such as Nikon Corporation and Canon Inc. also contributes to the growth of the regional market. Thus, the region is expected to register the highest CAGR during the forecast period.
The report profiles key players such as Tokyo Electron Limited (Japan); Lam Research Corporation (US); ASML (Netherlands); Applied Materials, Inc. (US); KLA Corporation (US); SCREEN Holdings Co., Ltd. (Japan); Teradyne, Inc. (US); Advantest Corporation (Japan); Hitachi, Ltd. (Japan); Plasma-Therm (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441