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Semiconductor Equipment Maintenance Market Research Report | Valuates Reports

02-19-2024 12:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Semiconductor Equipment Maintenance Market Size

According to new survey, global Semiconductor Equipment Maintenance market is projected to reach US$ 908 million in 2029, increasing from US$ 496 million in 2022, with the CAGR of 9.7% during the period of 2023 to 2029.

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Semiconductor equipment repair services repair, rebuild and refurbish equipment related to the manufacture and processing of semiconductors, special materials that have conductivity between conductors and nonconductors or insulators. Some companies test, evaluate, disassemble, and reassemble semiconductor manufacturing and processing equipment. Others specialize in the replacement of worn or damaged parts or components. Semiconductor equipment repair services that upgrade software or controls, assemble refurbished equipment, and provide testing and certifications services are also available.
Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Semiconductor Equipment Maintenance market research.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.14% year-on-year.

By Type
• Wafer Manufacturing Equipment
• Wafer Processing Equipment
• Testing Equipment
• Assembling and Packaging Equipment

By Application
• IDM
• Foundry

Key Players

PSI Semicon Services, Hitachi, SSSco, Daitron, Treasure of Technology, Lotusworks, Kyma Technologies, JC Precise Technology, FairTech, Ebara, AMEC, Zhejiang Avptec

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-13Z15352/global-semiconductor-equipment-maintenance

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