The global semiconductor manufacturing equipment market accounted for a value of 74.4 billion in 2019. Semiconductor manufacturing equipment market is projected to register growth at a CAGR of 4.9% during forecast period.
COVID-19 has impacted the semiconductor mfg. equipment market negatively. The production facilities were closed during lockdown period. The supply chain was disrupted due to travel restriction within the country around the world. The operation and business of semiconductor industries is immensely affected. The demand for such products has been declined due to COVID-19.
For more details, visit: Global Semiconductor Manufacturing Equipment Market By Dimension(2D, 3D,5D), By Supply Chain (IDM, OSAT, Foundry), By End-User (Test Home, Semiconductor Fabrication Plant, Semiconductor Electronics Manufacturing), By Region–Forecast & Opportunities to 2026
The adoption of consumer electronics is increasing rapidly across the world. The consumer electronics market depends on semiconductor industry. The rise in adoption of consumer electronics is likely to drive growth in semiconductor market during forecast period.
On the basis of dimension, the semiconductor manufacturing equipment market is segmented into 2D. 2.5D and 3D. The 2.5D ICs segment is estimated to hold largest market share during forecast period. 2.5 dimensional ICs offer better and efficient miniaturization to overcome various challenges such as complex designs, need for lower power consumption and dense. The demand for 2.5D ICs is increasing rapidly and this drives growth in this market during forecast period.
On the basis of supply chain process, the semiconductor manufacturing equipment market is segmented into IDM, OSAT and foundry. The IDM segment accounted for maximum share during forecast period. Research & development is growing immensely in IDM segment around the world. The rapid technological advancement and rapid developments in IDM is likely to drive growth in this segment during forecast period.
On the basis of end-use, the semiconductor manufacturing equipment market is segmented into test home, semiconductor fabrication plant and semiconductor electronics manufacturing. The semiconductor manufacturing market is estimated to hold largest market share during forecast period. The increase in application of IoT is responsible for transforming semiconductor sector driven by internet connected devices such as autonomous vehicles, smart electronics and smart home. Semiconductors are used in connectivity, cloud integration, computing, sensors and communications. The demand for semiconductor manufacturing equipments is increasing in order to fulfill the demand for semiconductors. This is likely to drive growth in semiconductor manufacturing market during forecast period.
Asia-Pacific region is estimated to register growth at highest CAGR during forecast period. Various countries like India, Japan and China are considered to be developing market for semiconductor manufacturing equipments. Many companies are establishing their facilities in Asia-Pacific region for semiconductor production. The demand for semiconductors is also increasing immensely in this region. This drives growth and creates huge opportunities in this region during forecast period.
The key market players in semiconductor manufacturing equipment market are Tokyo Electron, ASML, Lam Research, Applied Materials, KLA-Tencor, Screen Holdings, Advantest, Hitachi corporations, Teradyne, Plasma-Therm, Onto Innovation, Veeco Instruments, EV Group, Quick-Pak, Nordson and Advanced dicing Technologies.
- What are the expected industry trends over the next three to five years?
- Which of the semiconductor manufacturing equipment supply chain is likely to lead by 2025?
- Which of the end-user segments is expected to have the maximum potential to during the forecast period?
- Which region is going to have the highest smart meters market share by 2025?
- What are different organic and inorganic strategies implemented by companies to gain increased market share?