Semiconductor Manufacturing Equipment Market Size To Hit US$ 175.0 billion by 2028 | Top Key Players are Tokyo Electron Limited, LAM RESEARCH CORPORATION, Applied Materials, Inc. and Others

The market for equipment used in semiconductor manufacturing was valued at USD 95.3 billion in 2021, and it is estimated to grow to USD 175.0 billion by 2028, at a CAGR of 8.5%. Semiconductor manufacturing equipment is the processing machinery used to create a variety of electrical and integrated circuits (ICs).

Front-end and back-end are two of the most frequently used pieces of equipment in semiconductor production. The back-end consists of equipment for integrated circuit assembly, packaging, and testing, whereas the front-end includes equipment for photolithography, silicon wafer fabrication, etching, deposition, mechanical polishing, and ion implantation.

These machines provide a number of benefits, including improved yield and dependability, simpler manufacturing, increased workplace safety, and less design and manufacturing flaws. They are therefore frequently employed in the production of goods for numerous industries, including electronics, automotive, robotics, and others.

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Rising Demand for IoT, Connected Cars, And Data Business to Result in Growth of the Market:-
Automobiles that are autonomous, connected, and run on electricity frequently employ semiconductors. This is driving the market for equipment used in semiconductor production ahead. For instance, although hybrid electric vehicles can include up to USD 1,000 and USD 3,500 worth of electronics, traditional automobiles typically carry USD 330 worth of semiconductors. Due to the increasing usage of semiconductors in autonomous and hybrid vehicles, it is anticipated that the market for semiconductor production equipment would expand.

Major Players Driving the Growth of the Semiconductor Manufacturing Equipment Market:
• Tokyo Electron Limited. (Japan)
• LAM RESEARCH CORPORATION. (US)
• (ASML) (Netherlands)
• Applied Materials, Inc. (US)
• KLA Corporation. (US)
• SCREEN Semiconductor Solutions Co., Ltd.(Japan)
• Teradyne Inc. (US)
• ADVANTEST CORPORATION (Japan)
• Hitachi High-Tech Corporation. (Japan)
• Plasma-Therm (US)
• Veeco Instruments Inc. (US)
• EV Group (EVG) (Austria)
• Onto Innovation. (US)

SEGMENTATION
By Equipment Type
• Front-End Equipment
• Back-End Equipment

By Dimension
• 2D
• 2.5D
• 3D

By End-User Industry
• Semiconductor Fabrication Plant
• Semiconductor Electronics Manufacturing

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By Region
• North America
• Europe
• Asia Pacific
• The Middle East & Africa
• South America

North America Dominates Market Owing to Being Largest Manufacturing Base:
The biggest market for semiconductor manufacturing equipment is in North America, where demand is anticipated to increase during the projected period as a result of fierce competition from Chinese manufacturers. Additionally, market firms based in this area are concentrating on establishing factories in places with abundant subsidies.

The market for machinery for semiconductor production is expanding at the quickest rate in Asia Pacific. because China and Taiwan are home to important equipment manufacturers for the semiconductor industry. The financial assistance that Asian countries are giving to this company is another important factor promoting this expansion. China established the National Integrated Circuit Business Investment Fund, which fosters the development of the domestic equipment market.

Why Purchase the Report?
• The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
• The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
• Understand the current market scenario and viability of the global market over the forecast period.

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Some of the key questions answered in this report:
• What can we estimate about the anticipated growth rates and also the global Semiconductor Manufacturing Equipment industry size by 2028?
• What will happen in the coming existing and emerging markets?
• What will the market development pace of market?
• Which are the five top players in the Semiconductor Manufacturing Equipment market?
• How will the Semiconductor Manufacturing Equipment market change in the upcoming years?

Recent Development:-
● October 2020 - In order to enable subsystem designs and heterogeneous chips like advanced computing, AI, and 5G, Applied Materials, Inc. and BE Semiconductor Industries announced their collaboration. It will be the first fully tested and hybrid equipment bonding solution (die-based).

TABLE OF CONTENTS-
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Semiconductor Manufacturing Equipment Market
Chapter 5. Global Semiconductor Manufacturing Equipment Market Overview, By Product, 2017 - 2030(USD Million)
---------Continued

Browse Complete TOC -https://www.extrapolate.com/toc/Semiconductor-Electronics/semiconductor-manufacturing-equipment/25639

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This release was published on openPR.