Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 79.06 Million | USD 183.38 Million | 9.8% | 2023 |
The global Semiconductor Production Equipment Market size was valued at USD 79.06 Million in 2023 and is predicted to reach USD 183.38 Million by the end of 2032. The market is expected to grow with a CAGR of 9.8% during the forecast period. The report analyzes the global Semiconductor Production Equipment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Semiconductor Production Equipment industry.
Also known as semiconductor manufacturing equipment, semiconductor production equipment consists of dicing machines, wafer slicing machines, probing machines, polish grinders, precision blade, and chemical mechanical planarizers (CMPs). The increase in the variety of wiring materials alongside the rising number of layers in semiconductor devices is leading to a multiple number of applications of CMPs. Laser dicing machines replace blades with lasers for dicing wafers at a very high speed in completely dry conditions. Probing machines conduct electrical tests of every chip on a wafer, regulating the quality of semiconductor devices.
The surging demand for consumer electronics and the increasing volume of foundries in the global market are the two prominent growth factors augmenting the expansion of the global semiconductor production equipment market share. Consumer electronics has proven to be among the largest industries which majorly depends on the semiconductor industry. Consumer electronics also have a great number of applications in the electronics sector. This in turn is expected to stimulate the global semiconductor production equipment market size over the forecast period. Furthermore, the volume of foundries over the globe has surged due to the rising need of consumer electronic gadgets. Innovative architecture and changing chip patterns & sizes in various electronic gadgets have escalated the aggregate demand in the semiconductor industry, which is further predicted to substantially benefit the semiconductor equipment producers and suppliers in the upcoming years.
The COVID-19 pandemic is projected to affect the global semiconductor production equipment market. Due to the disease, the complete supply chain has been disturbed because components are in short supply. For example, the spread of coronavirus in China gave rise to various lockdown restrictions including the temporary shutdown of warehouses and production facilities which impacted the shipments and global exports of multiple sectors.
However, even the tiniest dust particles impact the overall fabrication and production procedure of semiconductors which need clean equipment and room for production. Also, manufacturing defects can potentially cause delays in the supply & manufacturing of a product and can also cause a further loss in terms of order cancelling & shifting of customers to other providers.
The global semiconductor production equipment market can be segmented by front-end equipment, by back-end equipment, by fab facility equipment, by product, by dimension, by supply chain participant, and by region. On the basis of front-end equipment, the market can be categorized into water surface conditioning, cleaning, lithography, deposition, and others. The global semiconductor production equipment market, based on back-end equipment, can be bifurcated into dicing, metrology, bonding, testing, and assembly & packaging. By back-end equipment, assembly & packaging segment is anticipated to register considerable expansion in the market over the forthcoming times. Assembly and packaging equipment assist in the designing of devices and also help in the enhancement and durability to confirm higher productivity and longevity of the products. The chips are secured to a circuit board with the help of gold wiring with the help of assembly equipment. Assembly and packaging equipment allow the chips to disperse heat from the device, offer protection to conductors & electronic systems, and lessen electrical interference.
On the basis of fab facility equipment, the global semiconductor production equipment market has been differentiated into gas control, chemical control, automation, and others. Based on product, the market is divided into foundry, memory, logic, discrete, Mems, MPU, analog, and others. By dimension, the global semiconductor production equipment market can be classified into 2D, 2.5D, and 3D. On the basis of supply chain participant, the market has been segmented into OSAT companies, foundries, and IDM firms.
Report Attributes | Report Details |
---|---|
Report Name | Semiconductor Production Equipment Market |
Market Size in 2023 | USD 79.06 Million |
Market Forecast in 2032 | USD 183.38 Million |
Growth Rate | CAGR of 9.8% |
Number of Pages | 201 |
Key Companies Covered | Advantest Corporation, ASML Holding N.V., KLA Corporation, Rudolph technologies, Inc., Teradyne Inc., Applied Materials, Inc., Hitachi High-Technologies Corporation, Lam Research Corporation, Tokyo Electron Ltd., and Screen Holdings Co., Ltd |
Segments Covered | By front-end equipment, By back-end equipment, By fab facility equipment, By product, By dimension, By supply chain participant and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific dominates the global semiconductor production equipment market. The rapid advancements of semiconductor devices in Asian nations including Japan, South Korea, Taiwan, and China will drive the semiconductor production equipment market in this region. Additionally, prominent players such as Intel Corporation and Global Foundries are focusing on expanding their foothold in the region of Asia Pacific to meet the growing requirement for electronics in the region. Such activities in this region have significantly improved the market outlook of Asia Pacific.
The key companies leading the global semiconductor production equipment market comprise of
By Equipment Type
By Dimension
By Application
FrequentlyAsked Questions
The surging demand for consumer electronics and the increasing volume of foundries in the global market are the two prominent growth factors augmenting the expansion of the global semiconductor production equipment market share. Consumer electronics has proven to be among the largest industries which majorly depends on the semiconductor industry. Consumer electronics also have a great number of applications in the electronics sector. This in turn is expected to stimulate the global semiconductor production equipment market size over the forecast period.
Asia Pacific dominates the global semiconductor production equipment market. The rapid advancements of semiconductor devices in Asian nations including Japan, South Korea, Taiwan, and China will drive the semiconductor production equipment market in this region. Additionally, prominent players such as Intel Corporation and GlobalFoundries are focusing on expanding their foothold in the region of Asia Pacific to meet the growing requirement for electronics in the region. Such activities in this region have significantly improved the market outlook of Asia Pacific.
The key companies leading the global semiconductor production equipment market comprise of Advantest Corporation, ASML Holding N.V., KLA Corporation, Rudolph technologies, Inc., Teradyne Inc., Applied Materials, Inc., Hitachi High-Technologies Corporation, Lam Research Corporation, Tokyo Electron Ltd., and Screen Holdings Co., Ltd.
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