Impact of COVID-19 on Semiconductor Production Equipment Market Studied

Pune, India, May 2020, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Semiconductor Production Equipment Market.

Market Scenario

Market Research Future (MRFR), in the report on the manufacturing equipment Market 2020 reveals the impact COVID-19 on the global Semiconductor manufacturing equipment Market across the assessment period. COVID-19 analysis of the semiconductor equipment market is studied across the review period. As per MRFR study, the semiconductor production equipment market is expected to rise at about 8.09% CAGR across 2024 and 2032. MRFR study shows that the worldwide semiconductor equipment market can value at above USD 280.28 Billion by 2032.

In semiconductor production equipment market, the information and communications products has huge demand for its equipment. These equipment offers higher performance chips delivered from equipment suppliers. These chips are widely used in plug-in electric vehicles, smart meters, solar panels, wind turbines, sensors and others. These semiconductors has transformed the process of generation, distribution, and consumption of energy.

The high demand for semiconductor for consumer goods, automotive, and electronics sectors can boost the expansion of the market in the study period. The rise in the number of data centers and servers in the world can drive the semiconductor production market. The high utility of semiconductors in saving energy is also likely to contribute largely to the expansion of the semiconductor production market. The rise of the semiconductor production equipment can be attributed to the growing demand for semiconductor chips as the utility of solar panels, wind turbines, electric vehicles, and smart panels can rise in the years to come.

Segment Study

The segment study of the global semiconductor production equipment market is based on dimension, type, and product. The type based segments of the semiconductor production market are backend equipment, front-end equipment, and others. The products based segments of the semiconductor production equipment are probing machines, sliced wafer demounting, wafer manufacturers, dicing machine, wafer edge grinding machine, cleaning machine, and polish grinders among others. The high utility of semiconductors in sliced wafer demounting and wafer manufacture applications can impel the expansion of the market across the years to come. The dimension based segments of the semiconductor production equipment market are 3D, 2D, 2.5D and others. The high demand for 3D based equipment can boost the expansion of the market.

Detailed Regional Study

As per MRFR regional study, the semiconductor production equipment market in the North America region is expected to gain the highest share of the global market in the years to come. North America semiconductor production equipment market is likely to generate high revenue across the evaluation period. The presence of top notch semiconductor developers in the region is expected to support the expansion of the regional market. The rise in the need for high semiconductor chips by different manufactures can impel the expansion of North America semiconductor production equipment market. In Europe, the semiconductor production equipment market rise can be attributed to the rise in demand for semiconductor solutions. In Asia Pacific region, the semiconductor production equipment market across India and Japan is booming due to high rate of semiconductor production of equipment. The increase in the demand of customers for semiconductor solutions can promote APAC semiconductor production equipment market. 

Key Players

MRFR registered some important names of the world semiconductor production equipment market. They are; Micron Technology Inc. (US), Atecom Technology Co., Ltd (Taiwan), ASML Holdings N.V.  (Netherlands), Qualcomm Technologies, Inc. (US), Applied Materials Inc. (US), KLA-Tencor Corporation (US), Intel Corporation (US), Tokyo Electron Limited (Japan), Screen Holdings Co., Ltd (Japan), AlsilMaterial (US), Teradyne Inc. (US), LAM RESEARCH Corporation (US), and Samsung Group (South Korea) among others.