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.

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2022
  • Historical Period: 2017-2022
  • Forecast Period: 2023-2028

Semiconductor manufacturing equipment represents the processing machinery used to produce numerous electronic and integrated circuits (ICs). Front-end and back-end are two of the commonly utilized equipment. Front-end comprises silicon-wafer fabrication, photolithography, deposition, etching, ion implantation, and mechanical polishing machines. On the other hand, the back-end includes the machinery for assembly, packaging, and testing of integrated circuits. These machines offer several benefits, such as streamlined production, improved yield and reliability, minimal design and manufacturing errors, and enhanced workplace safety. Consequently, they find extensive applications in manufacturing products for various sectors, including automotive and robotics.

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Semiconductor Manufacturing Equipment Market Trends:

The expanding electronics sector and the widespread adoption of semiconductors in consumer electronics, such as smartphones, tablets, and laptops, are primarily augmenting the semiconductor manufacturing equipment market. Furthermore, the escalating demand for hybrid and electronic vehicles (H/EVs) is positively influencing the global market. Apart from this, the increasing requirement for equipment in assembling various semiconductors on a single chip to reduce electronic interference, dissipate heat, and provide enhanced protection to the electronic devices in the vehicle is acting as another significant growth-inducing factor. Moreover, the inflating technological advancements, including the utilization of artificial intelligence (AI) solutions and the integration of connected devices with the Internet of Things (IoT), are also bolstering the market growth. Besides this, numerous electronics manufacturers are using IoT-enabled silicon-based sensors in the manufacturing equipment that offer remote monitoring capabilities for complex circuit boards, which is further catalyzing the global market. Additionally, the introduction of device miniaturization and extensive R&D activities are expected to drive the semiconductor manufacturing equipment market in the coming years.

Semiconductor Manufacturing Equipment Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

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

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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.

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