Semiconductor Manufacturing Equipment Market Size And Forecast
Semiconductor Manufacturing Equipment Market size was valued at USD 94.32 billion by 2021 and is expected to achieve USD 208.88 billion by 2030, growing at a CAGR of 9.20% from 2022 to 2030.
Growth in research and development facilities in the semiconductor market is going to drive the growth of this market as well as demand for Electric and Hybrid Vehicles is going to drive the growth of this market. The Global Semiconductor Manufacturing Equipment Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Semiconductor Manufacturing Equipment Market Definition
Semiconductor Manufacturing Equipment can be defined as machinery used to manufacture semiconductors. The semiconductor industry is vast and possesses a various range of applications. There are two main aspects of the semiconductor manufacturing equipment industry: front-end equipment and back-end equipment. Semiconductor manufacturing equipment is an important component for carrying out fabrication processes. The semiconductor manufacturer is a laborious process and requires a high-quality fab facility. Semiconductor manufacturing equipment includes systems such as oxidation systems, epitaxial reactors, diffusion systems, ion implantation equipment, physical vapor deposition systems, chemical vapor deposition systems, photolithography equipment, and etching equipment.
Such equipment is used in order to deposit and remove different materials on and from the wafer in specific patterns until the circuit is completely built on the wafer. Semiconductor manufacturing equipment is the processing equipment that is used to manufacture different types of semiconductors with the help of technologically advanced machines. This type of equipment uses two types of process is front-end and back-end. The latest trend in this market is growing research and development leading to high-end manufacturing machines, increasing demand for the electric and hybrid machines that use these machines for their frame manufacturing. The growing cSemiconductor Manufacturing Equipment Market is also driving this market.
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Global Semiconductor Manufacturing Equipment Market Overview
Growing demands for consumer electronics are expected to fuel the market for semiconductor manufacturing equipment. The growth of the semiconductor industry is highly driven by the increasing demand for semiconductor chips from consumer electronic devices, medical devices, and sensor systems manufacturers. In more recent years, expanding middle-class, changing lifestyle preferences, growing inclination toward using smart electronic devices are among the primary factors driving the growth of consumer electronics. This suggests that the market growth rate for semiconductor manufacturing equipment will increase significantly over the forecast period.
In addition, the semiconductor industry is expected to grow at a CAGR of more than 5% during the forecast period. This is due to the increase in sales of both mobile and consumer electronic devices. The emergence of new technologies such as IoT, connected devices, ultra-high-definition (UHD) TVs, automation in automobiles, and hybrid laptops will continue to drive the demand for semiconductor wafers in the market over the forecast period. According to market experts, the demand for semiconductor wafers, especially in the automotive and industrial sectors will increase significantly during the forecast period. As shown above, the growth rate of smartphones and tablets is growing significantly and is boosting the growth rate of the semiconductor manufacturing industry as well.
However, tiny dust particles affect the overall semiconductor manufacturing and fabrication process which require clean room and clean equipment for manufacturing. Moreover, manufacturing defects also cause a delay in supply and can cause an additional loss in the form of order cancellation and shift of customers to other suppliers. The complexity of patterns increases because of multiple patterns on a chip at a very small scale. This requires high accuracy for transferring accurate data to the chip. The complexity of wafers has increased with the need for size reduction and a high density of semiconductor chips has resulted, which ultimately decreases lithography wavelength. The shrinkage in node size will make photomasks and wafers more complex, which will consequently result in the need for new semiconductor manufacturing equipment. All these factors inhibit the growth of the Semiconductor Manufacturing Equipment Market.
Global Semiconductor Manufacturing Equipment Market Segmentation Analysis
The Global Semiconductor Manufacturing Equipment Market is segmented on the basis of Dimension, Equipment Type, Fab Facility, And Geography.
Semiconductor Manufacturing Equipment Market, By Dimension
Based on the dimension, the global semiconductor equipment market is segmented into 2D, 2.5D, and 3D During the projection timeframe, the semiconductor manufacturing equipment market for 3D IC manufacturing is expected to grow at a high rate. Manufacturers and IDMs are expected to prefer 3D ICs due to the increased demand for improved features in and shrinking of portable hand-held devices such as mobile phones, personal digital assistants (PDAs), webcams, and laptops.
Semiconductor Manufacturing Equipment Market, By Equipment Type
• Wafer Processing Equipment
• Test Equipment
• Assembly & Packaging Equipment
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The global semiconductor equipment market is segmented into wafer processing equipment, test equipment, assembly and packaging equipment, and others based on equipment type. The global market for wafer processing equipment was dominated by the wafer processing equipment. In semiconductor devices, a wafer is a fundamental element. The wafer production equipment sub-segment of the semiconductor manufacturing equipment market is forecasted to rise in response to increased consumer electronics demand
Semiconductor Manufacturing Equipment Market, By Fab Facility
• Chemical Control Equipment
• Gas Control Equipment
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Based on Fab Facility, The market has been segmented into Automation, Chemical Control Equipment, Gas Control Equipment, and Others. The market size for Global Semiconductor Manufacturing Equipment in the Chemical Control Equipment is expected to be the largest as it is required for the repeatable and reliable delivery of chemicals during the semiconductor manufacturing processes.
Semiconductor Manufacturing Equipment Market, By Geography
• North America
• Asia Pacific
• Rest of the world
On the basis of Geography, The market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific is the leading Semiconductor Manufacturing Equipment Market, globally, by market share in 2019 The development of semiconductor devices in Asian economies such as China, Japan, South Korea, and Taiwan drives the Semiconductor Manufacturing Equipment Market in the region. APAC is the hub for the Semiconductor Manufacturing Equipment Market, which is served by several fabrication plants present in the APAC region. China, Japan, South Korea, and Taiwan own the maximum number of fabrication plants worldwide. Favorable economic conditions and cheap labor costs in APAC are the key driving factors for the significant share in this market. The region is one of the largest markets for electric and autonomous vehicles globally and has also witnessed high demand for consumer electronics in past years. This has spurred the growth of semiconductors products and in turn, drive the market for semiconductor manufacturing equipment.
The “Global Semiconductor Manufacturing Equipment Market” study report offers a valuable insight with an emphasis on the global market including some of the major key players such as Applied Materials, ASML, KLA-Tencor, Lam Research, and Tokyo Electron, and other prominent players such as Screen Semiconductor Solutions, Hitachi High Technologies, Nikon, Hitachi Kokusai, ASM International, CSUN Manufacturing, Kenmec Mechanical Engineering, Mirle Automation, Gallant Precision Machining (GPM), Usun Technology, and Contrel Semiconductor Technology.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
• In December 2021 Hitachi High-Tech Corporation announced the release of the Electron Beam Area Inspection System GS1000, the newly designed instrument which provides precise and quick e-beam inspection to the use of a common platform based on established high-speed inspection space SEMs and knowledge industry-leading CD-SEM*1 Technology as well as high speed is an enormous measurement.
|KEY COMPANIES PROFILED|
Applied Materials, ASML, KLA-Tencor, Lam Research, and Tokyo Electron,
By Dimension, By Equipment Type, By Fab Facility, And By Geography
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Frequently Asked Questions
Semiconductor Manufacturing Equipment Market was valued at USD 94.32 billion by 2021 and is expected to achieve USD 208.88 billion by 2030, growing at a CAGR of 9.20% from 2022 to 2030.
What are the key driving factors for the growth of the Semiconductor Manufacturing Equipment Market?
Growth in research and development facilities in Semiconductor Manufacturing Equipment Market is going to drive the growth of this market as well as demand for Electric and Hybrid Vehicles is going to drive the growth of this market.
What are the top players operating in the Semiconductor Manufacturing Equipment Market?
The major players are Applied Materials, ASML, KLA-Tencor, Lam Research, and Tokyo Electron.
What segments are covered in the Semiconductor Manufacturing Equipment Marketreport?
The Global Semiconductor Manufacturing Equipment Market is segmented on the basis of Dimension, Equipment Type, Fab Facility, And Geography.
How can I get a sample report/company profiles for the Semiconductor Manufacturing Equipment Market?
The sample report for the Semiconductor Manufacturing Equipment Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET
1.1 Overview of the Market
1.2 Scope of Report
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET OUTLOOK
4.2 Market Dynamics
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY DIMENSION
6 GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY FAB FACILITY
6.3 Chemical Control Equipment
6.4 Gas Control Equipment
7 GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY EQUIPMENT TYPE
7.2 Wafer Processing Equipment
7.3 Test Equipment
7.4 Assembly & Packaging Equipment
8 GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY GEOGRAPHY
8.2 North America
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East & Africa
9 GLOBAL SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET COMPETITIVE LANDSCAPE
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 Tokyo Electron
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Lam Research
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Applied Materials
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Screen Semiconductor Solutions
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Teradyne Inc.
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Advantest Corporation
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Hitachi High-Technologies Corporation
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Hitachi High Technologies
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11.1 Related Reports
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
|Perspective||Primary Research||Secondary Research|
Econometrics and data visualization model
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
|Qualitative analysis||Quantitative analysis|
The global semiconductor production equipment market size was valued at $87.9 billion in 2021, and is projected to reach $209.9 billion by 2031, growing at a CAGR of 9% from 2022 to 2031. Semiconductor production equipment manufactures semiconductor circuits, memory chips, and others.What is the outlook for semiconductor equipment in 2023? ›
31, 2023 (GLOBE NEWSWIRE) -- The Global Semiconductor Manufacturing Equipment Market Size Was Valued At USD 88.2 Billion In 2021. The Market Is Projected To Grow From USD 101.6 Billion In 2022 To USD 196.7 Billion By 2029, Exhibiting A CAGR Of 9.9% During The Forecast Period.What is the market size of US semiconductor manufacturing? ›
What is the market size of the Semiconductor & Circuit Manufacturing industry in the US in 2023? The market size, measured by revenue, of the Semiconductor & Circuit Manufacturing industry is $61.5bn in 2023.What is the projections for the semiconductor industry? ›
In fact, a 2020 study by SIA and the Boston Consulting Group found that global demand for semiconductor manufacturing capacity is projected to increase by 56% by 2030.What is the wafer fab equipment market forecast? ›
|SEGMENTS COVERED||By Wafer Fabrication Process, By Technology, By Equipment Size, By Applications, And By Geography.|
The wafer fab equipment segment, which includes wafer processing, fab facilities, and mask/reticle equipment, is projected to expand 8.3% to a new industry record of $94.8 billion in 2022, followed by a 16.8% contraction to $78.8 in 2023 billion before rebounding 17.2% to $92.4 billion in 2024.Is the US building a semiconductor factory? ›
Taiwan Semiconductor Manufacturing Company (TSMC), a powerhouse in the industry committed at least $12 billion to build a semiconductor fabrication plant in Arizona, with production expected to begin in 2024.What will replace semiconductors in the future? ›
In this step graphene will become a replacement for silicon and will be the next step in the improvement of semiconductors and electronics. After 25 years we can expect the next step in graphene applications, things we can only dream of now.What is the growth outlook for semiconductors? ›
Global semiconductor revenue is projected to decline 3.6% in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market is on pace to grow 4% and total $618 billion.Where does 75% of semiconductor manufacturing take place? ›
Asia's Rise: 75% of the world's chip manufacturing is concentrated in East Asia. China is projected to have the world's largest share of chip production by 2030 due to an estimated $100 billion government subsidies.
1. Intel Corporation (Leading Semiconductor Company in USA) Intel is world leader in silicon innovation develops processor technologies and supports global initiatives.What is the future of semiconductor manufacturing? ›
The global semiconductor industry is anticipated to grow to US$1 trillion in revenues by 2030, doubling in this decade. This growth is expected to require investment in high-end advanced wafer manufacturing materials, equipment, and services—but also in the back-end AT solutions and services.Which is the highest growth market for semiconductors? ›
The global semiconductor market was valued at $429.5 billion in 2021. It is predicted to grow at a CAGR of 8.8% from 2022 to 2028 to reach a valuation of $712.4 billion by the end of the forecasted period. Asia Pacific leads the global semiconductor market, holding the greatest market share in 2021.What are the main sectors of the semiconductor industry? ›
|Industry sector||Market share|
|Defense and space industry||11.5%|
The global Semiconductor Foundry market size was valued at USD 79657.0 million in 2021 and is expected to expand at a CAGR of 8.67% during the forecast period, reaching USD 131200.0 million by 2027.What is the market share of TSMC? ›
|Global Semiconductor Foundry Revenue Share (%)||Q2 2021||Q4 2022E|
|Traded as||TWSE: 2330 NYSE: TSM|
Based on a report from Fortune Business Insights, the global semiconductor industry is expected to more than double in size from $527.9 billion to $1.38 trillion between 2021 and 2029. This means chipmakers have the potential to be fantastic long-term investments.How big is a wafer fab? ›
The size of wafers for photovoltaics is 100–200 mm square and the thickness is 100–500 μm. Electronics use wafer sizes from 100 to 450 mm diameter.Is the semiconductor industry growing? ›
KEY MARKET INSIGHTS
The global semiconductor market size was USD 527.88 billion in 2021 and is projected to grow from USD 573.44 billion in 2022 to USD 1,380.79 billion in 2029, exhibiting a CAGR of 12.2% during the forecast period.
The US national, state, and local governments have created tax and regulatory policy that makes investing in new manufacturing capacity for semiconductors incredibly difficult. It takes mountains of money and many years to even get through the process of permitting and approval to being a project in the US.Who is the new chip manufacturer in USA? ›
Chipmaker Micron Technology announced today it will spend $20 billion to build what it called the largest ever US semiconductor factory, and it may spend up to $100 billion over 20 years to expand it.What percentage of semiconductors are made in USA? ›
Today only 12% of semiconductors are made in America; 80% are made in Asia. And none of the most advanced semiconductors are manufactured on U.S. soil. The answer requires a whole-nation approach to rebuild the semiconductor and microchip manufacturing industry in the United States.What will replace silicon as a semiconductor? ›
Cubic boron arsenide is one of the best semiconductors known to science and could even dethrone silicon as the principal component of modern electronics.Are semiconductors becoming obsolete? ›
At the same time, frequent mergers and acquisitions of semiconductor manufacturers have worsened one of the industry's biggest problems—obsolescence. Claudia Jarett, US country manager at automation parts supplier EU Automation, examines why semiconductors are becoming obsolete faster than in the past and how to cope.What new material is replacing silicon? ›
“Silicon carbide is replacing silicon for power electronics in major EV industries including Tesla, since it has three times higher thermal conductivity than silicon despite its lower electrical mobilities.What is the size of the semiconductor market 2023? ›
Semiconductor industry sales worldwide 1987-2023
In 2022, semiconductor sales reached 580.13 billion U.S. dollars worldwide. Semiconductors are crucial components of electronics devices and the industry is highly competitive.
The global semiconductor industry is likely to report a decline in revenues in 2023, owing to weak demand and fears of recession in the global economy. Research firm Gartner has projected a 3.6 per cent decline in revenues at about $596 billion in 2023, as against 4 per cent growth at close to $618 billion in 2022.Where does the US get most of its semiconductors? ›
Malaysia, Taiwan, and China are the largest sources of U.S. imports and important destinations for U.S. exports of semiconductors. More generally, East and Southeast Asia are critically important partners for U.S. semiconductor trade.Why is Taiwan the only chip manufacturer? ›
Due to its strong capabilities in OEM wafer manufacturing and a complete industry supply chain, Taiwan has been able to distinguish itself from its competitors and dominate the global marketplace. Taiwan's semiconductor sector accounted for US$115 billion, around 20 percent of the global semiconductor industry.
The major companies in the semiconductor manufacturing equipment market are – Tokyo Electron Limited (Japan), Lam Research Corporation (US), ASML (Netherlands), Applied Materials, Inc. (US), KLA Corporation (US), SCREEN Holdings Co., Ltd.Who dominates the semiconductor industry? ›
'Irreplaceable' - Taiwan Still Dominates Chip Industry, Despite Geopolitical Turmoil. Overseas shipments of integrated circuit chips increased by 18.4% in 2022 and investment banking firm Barclays calls Taiwan irreplaceable in the semiconductor market.Who is the leader in semiconductor? ›
Leading semiconductor companies (including foundries) from 2019 to 2021, by sales revenue (in billion U.S. dollars) Intel (U.S.) Micron (U.S.) TI (U.S.)Who is the No 1 semiconductor company in the world? ›
#1. Intel. Intel is the world's largest manufacturer by revenue of semiconductor chips. The company is best known for developing the microprocessors used by most computer manufacturing companies.Who makes the machines that make semiconductor chips? ›
ASML produces the photolithography machines used in the production of computer chips. In these machines, patterns are optically imaged onto a silicon wafer that is covered with a film of light-sensitive material (photoresist). This procedure is repeated dozens of times on a single wafer.How many semiconductor factories are there in the US? ›
Six U.S.-headquartered or foreign-owned semiconductor companies currently operate 20 fabrication facilities, or fabs, in the United States. In 2019, U.S.-based semiconductor manufacturing directly employed 184,600 workers at an average wage of $166,400.What is the future of semiconductor foundry? ›
The Global Semiconductor Foundry market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2029. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.What is the problem with the semiconductor industry? ›
Many people who use products that rely on semiconductors do not fully appreciate all the specialized talent required to produce those chips. Each semiconductor operations needs professionals who know how to turn raw materials into finished goods, often using specialized equipment like CNC machines.
South Korea's exports stood at $644 billion in 2021, out of which integrated circuits, or semiconductors, formed the largest chunk as they accounted for more than 15% of the overall pie.What are the two most common semiconductor materials? ›
What are the most used semiconductor materials? The most used semiconductor materials are silicon, germanium, and gallium arsenide. Of the three, germanium was one of the earliest semiconductor materials used.
U.S. semiconductor companies do most of their manufacturing (52 percent) in the United States. 3. Semiconductors are one of America's top manufactured exports, behind only aircraft and automobiles. The U.S. semiconductor industry holds a dominant position in terms of global market share.What is the largest semiconductor equipment company? ›
The biggest semiconductor equipment company in the world is ASML Holding (ASML) with a market cap of $249.458B, followed by Applied Materials (AMAT) and Lam Research (LRCX). Last updated Mar 03, 2023.What is semiconductor equipment industry? ›
The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. It formed around 1960, once the fabrication of semiconductor devices became a viable business.