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Semiconductor Manufacturing Equipment Market 2023-2032: Future Outlook, Growth Analysis, Global Trends And Major Players | ASML Holding N.V., Applied Materials Inc., Canon Machinery Inc., Hitachi High-Tech Group., KLA Corporation
Semiconductor Manufacturing Equipment Market
The Business Research Company's Semiconductor Manufacturing Equipment Global Market Report 2023 Global Market Report 2023 identifies increasing consumption of consumer electronics as the major driver for the Semiconductor Manufacturing Equipment Market's growth in the forecast period. Consumer electronics (CE) refers to any home equipment, gadgets, communication devices, or digital devices such as mobile devices, TVs, laptops and computers intended for daily home usage for non-commercial or professional purposes. The semiconductor manufacturing equipment is used in the manufacturing of electronic components such as microprocessors and memory devices, as well as testing and evaluating the quality of consumer electronics.
The global semiconductor manufacturing equipment market size is expected to grow from $96.17 billion in 2022 to $105.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global semiconductor manufacturing equipment market size is expected to grow to $152.30 billion in 2027 at a CAGR of 9.7%.
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Major competitors in the semiconductor manufacturing equipment market are ASML Holding N.V., Applied Materials Inc., Canon Machinery Inc., Hitachi High-Tech Group., KLA Corporation, Lam Research Corporation, Onto Innovation Inc., Plasma-Therm LLC, Tokyo Electron Ltd., Dainippon Screen Mfg. Co. Ltd., Advantest Corporation, Ferrotec Holdings Corporation, Teradyne Inc., Tokyo Seimitsu Co. Ltd., Veeco Instruments Inc. and ASM International.
A key trend in the Semiconductor Manufacturing Equipment Market includes Technological advancements. Major companies operating in the semiconductor manufacturing equipment market are focused on developing innovative products and focusing on new technology to sustain their position in the market. For instance, in June 2022, Hitachi High-Tech Corporation, a Japan-based trading company focused on electronic devices and industrial machinery and materials, launched its Hitachi Dark Field Wafer Defect Inspection System DI2800 based on scattering-intensity simulation technology to optimize the illumination and detection optics, enabling highly sensitive inspection of patterned-wafer defects developed during the manufacturing process. It has a detection sensitivity of 0.1-mcm standard particle size on mirrored wafers.
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The Semiconductor Manufacturing Equipment Market is segmented -
By Product Type: Memory, Foundry, Logic, MPU (Microprocessors), Discrete, Analog, MEMS (Micro-Electromechanical Systems)
By Equipment Type: Front End Equipment, Back End Equipment
By Dimension: 2D, 2.5D, 3D
By Application: Semiconductor Fabrication Plant Or Foundry, Semiconductor Electronics Manufacturing, Test Home
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Semiconductor Manufacturing Equipment Market.
The Business Research Company's "Global Semiconductor Manufacturing Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Semiconductor Manufacturing Equipment Market Include:
1. Executive Summary
2. Semiconductor Manufacturing Equipment Market Characteristics
3. Semiconductor Manufacturing Equipment Market Trends And Strategies
4. Semiconductor Manufacturing Equipment Market - Macro Economic Scenario
5. Semiconductor Manufacturing Equipment Market Size And Growth
……
26. Africa Semiconductor Manufacturing Equipment Market
27. Semiconductor Manufacturing Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Semiconductor Manufacturing Equipment Market
29. Semiconductor Manufacturing Equipment Market Future Outlook and Potential Analysis
30. Appendix
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