Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
There are several factors which combine to determine the shape this market takes. The constant change in the technology of semiconductor itself is one important reason. To stay one step or two steps ahead of consumers 'needs for smaller, faster and more capable electronic devices semiconductor companies invest heavily. There's a growing need for state-of-the art equipment that can handle the special time complex semiconductor materials and advanced fabrication processes required by this spirit of innovation.
Efficient Supply Chain Disruptions due to a global pandemic, natural disasters or otherwise may affect the availability of vital parts needed for making semiconductor devices. As a result, the market factors come from active efforts by industry to make their supply chains more robust and flexible with redundancy as well in locations for production centres which aren't dependent on being located at just one point that can easily be served. Market factors are also impacted by the regulatory environment. On the whole, governments across the globe issue regulations covering all areas of semiconductor production--IP protection policies and trade requirements as well as environmental criteria. These rules are not only restrictive of the methods used by semiconductor makers, but they also impose limitations on what is possible in designing and choosing production equipment.
In addition, technological convergence is an important market factor. Similarly, the semiconductor industry too is gradually becoming inseparable from advanced technologies such as artificial intelligence (AI), 5G and the Internet of Things (IoT). This overlap affords both opportunities and challenges for semiconductor production equipment manufacturers. These producers must tailor their products to the needs of these new technology applications. The integration of which technologies into the semiconductor manufacturing process is an important element in competition. Within the industry, collaborations and partnerships are also market considerations. Semiconductor manufacturers often form alliances involving the suppliers of equipment, research institutions and other participants in order to focus resources, exchange experts' opinions and accelerate innovation. These co-operations also play a part in developing next generation semiconductor production equipment that is more sophisticated and economical, redrawing the competitive map of tomorrow's market landscape.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 125.9 Billion |
| Market Size Value In 2023 | USD 137.6087 Billion |
| Growth Rate | 9.30%(2023-2032) |
Semiconductor Production Equipment Market Highlights:
Global Semiconductor Production Equipment Market Overview:
Semiconductor Production Equipment Market Size was valued at USD 137.60 Million in 2023. The Semiconductor Production Equipment industry is projected to grow from USD 150.40 Million in 2024 to USD 280.28 million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.09% during the forecast period (2024 - 2032).
Increased use of semiconductor equipment in consumer electronics fuels and the use of semiconductor equipment in innovative architectures and changing chip sizes are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Semiconductor Production Equipment Market Trends
-
Technological advancements are driving the market growth
Business leaders are focused on delivering technological advances such as nano printing, cutting-edge lithography and ultra-fast manufacturing. For example, in September 2021, US-based Riber launched a new MBE 6000 machine for semiconductor production in Asia. The machine is used to manufacture electronic and optoelectronic devices. These electronic devices are mainly used in networks such as 4G, 5G and fiber optic networks. The machine features high production capacity and high precision. This type of machine provides great benefits to manufacturers and vendors. These systems have introduced new developments such as artificial intelligence (AI) and industry 4.0 to increase production capacity, high precision, reduce waste and benefit major players over the past few years and are expected to drive business growth. This factor drives the market CAGR.
Additionally, wireless technology and increasing demand for products in production are driving the growth of the market. The industry is increasingly using semiconductor devices, IC chips and logic circuits for autonomously interconnected consumer electronics, home appliances and electric vehicles. In addition, increased automation in the automotive industry is driving demand for photolithography machines and semiconductor chips, which should increase the demand for semiconductor components. In addition, the telecom industry is increasingly using SIC wafers (semi-insulated carbide wafers) to create 5G network connections in different markets such as India and the United States. and such. This should increase machine demand. Thus, driving the Semiconductor Production Equipment market revenue.
Semiconductor Production Equipment Market Segment Insights:
Semiconductor Production Equipment Type Insights
Based on type, the Semiconductor Production Equipment Market segmentation includes Front-End Equipment and back-end Equipment. The front-end equipment segment dominated the market because front-end equipment is used in the early stages of the semiconductor manufacturing process, where the majority of the cost and complexity of semiconductor manufacturing lies. Equipment is used in the early stages of the semiconductor manufacturing process. The early stages of the semiconductor manufacturing process are the most complex and expensive. The growth of the semiconductor market drives the demand for Front-End Equipment.
Figure1: Semiconductor Production Equipment Market, by Equipment Type,2022&2032(USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Semiconductor Production Products Insights
The Semiconductor Production Equipment Market segmentation, based on Products, includes Dicing Machines, Probing Machines, Sliced Wafer Demounting, Cleaning Machine, Wafer Edge Grinding Machine, and Polish Grinders. The dicing machine segment dominated the market because dicing machines separate the semiconductor wafer into individual dies, which are then packaged and tested. Dicing machines are used to separate the semiconductor wafer into individual dies. Dies are the basic building blocks of semiconductor devices. The growth of the semiconductor market drives the demand for dicing machines.
Semiconductor Production Dimension Insights
The Semiconductor Production Equipment Market segmentation, based on Dimension, includes 2D, 5D, 3D, and others. The 2D segment dominated the market because 2D semiconductor devices are the most common type of semiconductor device.2D semiconductor devices are the most common semiconductor device. 2D semiconductor devices are used in various applications. The growth of the electronics market drives the demand for 2D semiconductor devices.
Semiconductor Production Equipment Regional Insights
Segmented by region, the study provides market insights for North America, Europe, Asia Pacific and the rest of the world. The North American semiconductor production equipment market will lead the market because Equipment, Kla Corporation, LAM Research Laboratories etc. producers ensures the growth of the market in the region.
In addition, major countries examined in the market report include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil.
Figure2:Semiconductor Production Equipment Market SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The European semiconductor production equipment industry holds the second largest market due to strong economic ties with other countries and government officials investing in new semiconductor manufacturing facilities. Also, the German semiconductor production equipment industry has the largest market and the UK semiconductor production equipment manufacturing industry is the largest in Europe.
Asia Pacific semiconductor production equipment market is expected to grow at the fastest YBBO from 2024 to 2032. This is because of the strong supply of semiconductor equipment in the region, such as circuits, discrete and logic circuits. Moreover, China’s semiconductor production equipment market held the largest market share, and the Indian Semiconductor Production Equipment market was the fastest-growing market in the Asia-Pacific region.
Semiconductor Production Equipment Key Market Players& Competitive Insights
Leading manufacturers are investing heavily in R&D to expand their product range, which will contribute to the further growth of semiconductor product production. Entrepreneurs are also undertaking various activities to expand their global footprint, and key business development activities include new product development, contract deals, joint venture mergers and acquisitions, increased investment and collaboration with other organisations. To grow and survive in a more competitive and competitive business environment, the semiconductor industry needs to provide quality products.
Local manufacturing to reduce operating costs is one of the key business strategies used by manufacturers in the global semiconductor production equipment industry to benefit consumers, goods and business expansion. The semiconductor production equipment industry has provided some of the best in recent years. Major players in the Semiconductor Production Equipment market, including Micron Technology Inc. (US), Qualcomm Technologies, Inc. (US), Intel Corporation (US), AlsilMaterial (US), Applied Materials Inc. (US), Atecom Technology Co. Ltd (Taiwan), LAM RESEARCH Corporation (US), Tokyo Electron Limited (Japan), KLA-Tencor Corporation (US), Teradyne Inc. (US), Screen Holdings Co. Ltd (Japan), Samsung Group (South Korea), ASML Holdings NV (Netherlands)and other companies are trying to meet their business needs by investing in research and development.
Applied Materials is an American company that provides equipment, services and software for the manufacture of semiconductor devices for electronic devices; flat panels are used in computers, smartphones, TVs and solar energy products. Applied Materials has announced a semiconductor optical inspection machine that uses technologies like artificial intelligence (AI) and big data. These machines are used for chip inspection in semiconductor electronics and to detect defects in IC chips. These chips are used in electronics.
Hitachi Hi-Tech Co., Ltd. is a leading trading company in various products such as computers and peripherals, research equipment and machinery, electronic equipment, machinery and equipment. The company is a subsidiary of Hitachi with global operations. Hitachi High-Tech, a subsidiary of Hitachi, has announced the new GS1000 Electron Beam Field Inspection System. The machine provides precise and fast analysis from a multiplatform equipped with a fast scanning machine with a scanning electron microscope (SEM). In addition, the machine improves the precision of semiconductor wafer production.
Key Companies in the Semiconductor Production Equipment market include
-
Micron Technology Inc. (US)
-
Intel Corporation (US)
-
Applied Materials Inc. (US)
-
AlsilMaterial (US)
-
Atecom Technology Co., Ltd. (Taiwan)
-
Tokyo Electron Limited (Japan)
-
LAM RESEARCH Corporation (US)
-
KLA-Tencor Corporation (US)
-
Screen Holdings Co., Ltd. (Japan)
-
Teradyne Inc. (US)
-
ASML Holdings N.V. (Netherlands)
-
Samsung Group (South Korea)
Semiconductor Production Equipment Industry Developments
A new production site was announced in Tokyo, Japan, in March 2023. The new plant would be constructed to meet the rapidly increasing global demand for semiconductors.
February 2024: ASML Holding NV launched High-NA Extreme UV (€350million; 65 tons). On April 18th, Intel Corp. sent out its first lot from Department One, which will enable chip production in December of next year. It can fabricate semiconductor lines with a thickness of 8nm, increasing information flow and making chips more efficient and accurate.
January 2024: Applied Materials Inc. aligned with Google to stage a world-first technological breakthrough within virtual/augmented reality (VR/AR). Not only does this partnership plan to take advantage of Applied Materials’ expertise in material sciences, but it will also make use of Google’s light-based platform to create advanced AR displays that are lightweight enough for personal use. The basic idea of the report is the instant transition to the mass-production stage of AR products and services applications.
A long-term research and development project aimed at designing advanced material solutions for multiple specialized integrated circuits applications, was carried out by Applied Materials, Inc. and CEA-Leti in December 2023.
The drive behind ASML Holding NV, a Dutch based chip-making equipment manufacturing multinational is aiming to set up a factory in New Taipei City, Taiwan by November 2022 to meet the demands of international customers while further supporting growth of the semiconductor industry worldwide.
October 2021: two significant developments were unveiled by KLA Corporation in Chennai that enhance its investment in cutting-edge R&D through talent acquisition capabilities. This AI-focused R&D center will operate through the Artificial Intelligence-Advanced Computing Lab, which is managed jointly by KLA and the Indian Institute of Technology Madras (IITM). Additionally, KLA’s already existing business dealings are being supported by an additional Chennai office, thereby supporting growth strategy while offering excellent opportunities for expansion in the region.
Semiconductor Production Equipment Market Segmentation:
Semiconductor Production Equipment Type Outlook
-
Front-End Equipment
-
Backend Equipment
-
Others
Semiconductor Production Equipment Products Outlook
-
Dicing Machine
-
Probing Machines
-
Sliced Wafer Demounting
-
Cleaning Machine
-
Wafer Edge Grinding Machine
-
Polish Grinders
-
Others
Semiconductor Production Equipment Dimension Outlook
-
2D
-
5D
-
3D
-
Others
Semiconductor Production Equipment Regional Outlook
-
North America
- US
- Canada
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
-
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
