At 9.2% CAGR, Semiconductor Manufacturing Equipment Market to hit $135.90 Billion by 2028, Globally, says Brandessence Market Research

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Brandessence Market Research And Consulting Private Limited

Feb 09, 2022, 07:00 ET

LONDON, Feb. 9, 2022 /PRNewswire/ -- According to Brandessence Market Research, Semiconductor Manufacturing Equipment Market size reached USD 73.39 Billion in 2021. The Semiconductor Manufacturing Equipment Market is growing at robust CAGR of 9.2%, and reach size of USD 135.90 Billion by end of Forecast 2028.

Increasing demand for electrification in vehicles and proliferation of electric vehicles worldwide, rising number of government initiatives to support semiconductor industry and growing application of in the manufacturing of consumer electronics, such as smartphones, tablets and laptops are some of the major factors driving the growth of the Global Semiconductor Manufacturing Equipment Market

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Scope of The Semiconductor Manufacturing Equipment Market Report:

Semiconductor manufacturing equipment (SME) is used in perchance the most multifarious and advanced manufacturing process in the world, the production of semiconductor devices. Semiconductors, such as microprocessors and memory devices, are used in a extensive variety of manufactured products, including special computers, telecommunications equipment, and many common consumer electronics goods. The technology used in this equipment is continually being improved because of consumer demand for higher performing semiconductors. The semiconductor industry is vast and possesses a several range of applications. Semiconductor manufacturing equipment is a vital component for carrying out fabrication processes. Semiconductor manufacturing is a difficult process and requires a high-quality fab facility. Semiconductor manufacturing equipment has a wide range of applications in the manufacturing of products for various industries such as automotive, electronics, robotics, etc.

Covid-19 has shown a severe impact on the growth of the semiconductor manufacturing equipment market. The Covid-19 pandemic has rigorously affected the acceptance of semiconductor manufacturing equipment by the automotive, industrial, and consumer electronics areas owing to the temporary shutdown of manufacturing services in the first half of 2020. In early 2020, the source chain for the semiconductor industry was severely impacted attributed to extended lockdowns imposed by governments and regulatory bodies across the globe. This factor has severely delayed the market potential for semiconductor manufacturing equipment providers. In the second half of 2020, the response for desktop/PCs, laptops, tablets, as well as smartphones witnessed a fast increase due to the increasing work-from-home scenario. A growing response for consumer electronic goods across the North America and APAC regions during the pandemic is set to support the business development of semiconductor manufacturing equipment vendors.

Semiconductor Manufacturing Equipment Companies Focusing In this Report:

Tokyo Electron
LAM Research
ASML
Applied Materials
KLA-Tencor
Screen Semiconductor Solutions
Hitachi High Technologies
Nikon
Hitachi Kokusai
ASM International
CSUN Manufacturing
Kenmec Mechanical Engineering
Mirle Automation
Gallant Precision Machining (GPM)
Usun Technology
Contrel Semiconductor Technology
And More

Global Semiconductor Manufacturing Equipment Market Segmentation

By Front-end Equipment:

Lithography
Wafer Surface Conditioning
Deposition
Cleaning
Others

By Back-end Equipment:

Assembly and Packaging
Dicing
Bonding
Metrology
Testing

By Fab Facility Equipment:

Automation
Chemical Control
Gas Control
Others

By Product:

Memory
Foundry
Logic
MPU
Discrete
Analog, MEMS, and Others

By Dimension:

By Supply Chain Participant:

OSAT Companies
IDM Firms
Foundries

Recent Development:

News: Lam Introduced Plasma Etch Technology for Semiconductor Manufacturers

In March 2020; Lam Research announced newly designed plasma etch technology and system solution based on Sensi.i platform. The new technology aids the chipmakers with extendibility and advanced functionality for future generation. Some of the other benefits offered by Sensi.i platform are space-saving architecture, ability to identify patterns and trends, and capture and analyze data among others.

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Reginal Analysis:

Geographically, Asia Pacific is expected to witness a fastest growth in the global semiconductor manufacturing equipment market. For instance; in October 2021, the Japanese Government declared a subsidy of 800 billion yen to TSMC and Sony for the joint production of a semiconductor factory in Western Japan. The new plant will concentration on manufacturing semiconductors in the range of 22 nm to 28 nm and the production is predicted to be completed by 2024. The innovative plat will create high response for new front-end & back-end equipment.

Increasing number of government initiatives to support the semiconductor industry in the North America & Asia Pacific is also supplementing the growth of the semiconductor manufacturing equipment market. According to the India Electronics & Semiconductor Association, the Indian electronic system design and manufacturing (ESDM) market will grow from US$ 76 billion in 2013 to US$ 400 billion by 2020 as well as according to the India brand equity foundation (IBEF), in the union budget 2017-18, the government of India increased the allocation for incentive schemes like the modified special incentive package scheme (M-SIPS) and the electronic development fund (EDF) to Rs 745 crore (US$ 111 million) for providing a boost to the semiconductor as well as the electronics manufacturing industry.

North America region is expected to show a significant growth in the semiconductor manufacturing equipment market within the forecast period. Semiconductors are mostly used in the manufacturing of consumer electronics, such as smartphones, tablets and laptops these aspects will help increase the value of the market in this region. In the 2021 fiscal year, HP Inc. generated 63.5 billion U.S. dollars in revenue, up 12 percent from the previous year period.

On Special Requirement Semiconductor Manufacturing Equipment Market Report is also available for below region:

North America

U.S.
Canada

Europe

Germany
France
U.K.
Italy
Spain
Sweden
Netherland
Turkey
Switzerland
Belgium
Rest of Europe

Asia-Pacific

South Korea
Japan
China
India
Australia
Philippines
Singapore
Malaysia
Thailand
Indonesia
Rest Of APAC
Latin America
Mexico
Colombia
Brazil
Argentina
Peru
Rest of South America

Middle East and Africa

Saudi Arabia
UAE
Egypt
South Africa
Rest Of MEA

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