Press release
Semiconductor Equipment Market Latest Trends, Technology Advancement and Demand 2022 to 2027
The Semiconductor Equipment Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Semiconductor Equipment Market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Semiconductor Equipment Market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Semiconductor Equipment Market.The semiconductor equipment market is expected to register a CAGR of 8% during the forecast period (2022-2027).
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Top Leading Companies of Semiconductor Equipment Market are - Applied Materials Inc., ASML Holding Semiconductor Company, Tokyo Electron Limited, Lam Research Corporation, KLA Corporation, Taiwan Semiconductor Manufacturing Company, Advantest Corporation, Teradyne Inc., Hitachi High -Technologies Corporation and others.
Industry News and Updates:
- November 2019 - Applied Materials introduced the Materials Engineering Technology Accelerator (META Center), a facility aimed at speeding customer prototyping of new materials, process technologies, and devices. As chipmaking is becoming increasingly challenging, the META Center has extended AppliedÕs ability to collaborate with customers to pioneer new ways of improving chip performance, power, and cost.
- July 2019 - Applied Materials announced the acquisition of the semiconductor equipment maker, Kokusai Electric, for USD 2.2 billion, from KKR & Co. (KKR). This acquisition is expected to strengthen its footprint in Asia and add to the existing processing technologies of the company.
Key Market Trends:
Increase in Demand of Smartphones will Drive the Market
- Consumer Electronics is the fastest-growing segment among all, which is contributing to market growth. The main driving force for this segment is the growth of smartphones, which is expected to rise, with the rise in population.
- Mobile subscribers are also expected to grow from 5.1 billion in 2018 to 5.8 billion in 2027 as per GSM 2019 Report. Due to the miniaturization trend of mobile devices, there has been a rise in the semiconductor industry, which in returns drives the market for the semiconductor equipment market.
Asia-Pacific is Expected to Drive the Market Growth
- The Asia-Pacific semiconductor manufacturing equipment market is projected to witness high growth due to the cyclical resumption of growth in the semiconductor industry and the expansion of the equipment manufacturers operating in the region. One of the major factors for this expansion is the financial support that Asian governments are extending to this industry. Chins established the National Integrated Circuit Industry Investment Fund that supports the expansion of the domestic equipment industry.
- The Government of India recently proposed launching a new scheme in line with the ÒAssemble In India" proposal of the 2019-20 Economic Survey to make India a hub for electronic manufacturing in the near future. India and Israel have been collaborating to facilitate the development of the Indian electronics manufacturing industry, and the 11th India Israel Forum recently proposed the introduction of USD 912 million capex subsidy for new equipment introduction to the industry.
Investigator Observers Strong Growth in Specific Regions:
- Europe Market (Germany, UK, France, Russia, Italy)
- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- South America Market (Brazil, Argentina, Colombia)
- North America Market (United States, Canada, Mexico)
- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Semiconductor Equipment Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Semiconductor Equipment Market (%),2016 - 2026
- Semiconductor Equipment Market Share, By Brand
- Semiconductor Equipment Market Share, By Company
- Semiconductor Equipment Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Semiconductor Equipment Market Value Analysis & Forecast
- Promising Semiconductor Equipment Market Development by Major Companies
- Detailed Semiconductor Equipment Market Portfolio of the Major Companies
- Major Deals in the Semiconductor Equipment Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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