Semiconductor Manufacturing Equipment Market

Global Semiconductor Manufacturing Equipment Market

Semiconductor Manufacturing Equipment Market- By Front-End Equipment, Back-End Equipment, Fab Facility Equipment, Product Type, Dimensions, Participants and Region.

Market Synopsis:

The Global Semiconductor Manufacturing Equipment Market is valued at USD 94.9 Billion in the year 2021 and is projected to reach a value of USD 153.1 Billion by the year 2028. The Global Market is forecasted to grow exhibiting a Compound Annual Growth Rate (CAGR) of 8.3% over the forecast period.

Semiconductor Manufacturing Equipment is used to create semiconductor circuits, memory chips, and other components. Semiconductors are materials in which free electrons can easily pass between atoms, allowing electricity to flow more freely. Wafer fabrication equipment is employed early in the semiconductor manufacturing process, followed by testing and assembly equipment. Front-end and back-end Semiconductor Manufacturing Equipment are two of the most often used. These machines have numerous advantages, including streamlined production, increased output and reliability, reduced design and manufacturing errors, and greater worker safety. As a result, they are widely used in the production of products for a variety of industries, including automotive, electronics, robotics, and so on.

The growing need for electronics and gadget solutions has primarily benefited the expansion of the Semiconductor Manufacturing Equipment industry. Factors such as increased investments in R&D facilities as a result of the covid-19 influence, rising demand for electric and hybrid vehicles, the trend of miniaturization and technology migration, and the high demand for chips to provide computation power and connectivity for AI functions are expected to drive the growth of the Semiconductor Manufacturing Equipment Market during the forecast period.

Furthermore, as the penetration of IoT devices grows due to the covid-19 pandemic, the growing need for silicon-based sensors for IoT devices, the spread of chip industries in emerging markets, the increasing number of data centers and servers complemented by the eruption of covid-19, the developing market for developed packaging products, and the manufacturing of equipment are factors that may extend profitable opportunities in the growth of the semiconductor manufacturing.

Market Segmentation:

The Semiconductor Manufacturing Equipment Market is segmented on the basis of Front-End Equipment, Back-End Equipment, Fab Facility Equipment, Product Type, Dimension, and Supply Chain Participant. On the basis of front-end equipment, the market is segmented into Lithography Equipment, Water Surface Conditioning Equipment, Wafer Cleaning Equipment, Deposition Equipment, and Other Front-End Equipment. On the basis of back-end equipment, the market is segmented into Assembly and Packaging, Dicing, Metrology, Bonding, and Water Testing. On the basis of fab facility equipment, the market is segmented into Automation Equipment, Chemical Control Equipment, Gas Control Equipment, and Others. On the basis of product type, the market is segmented into Memory, Foundry, Logic, MPU, Discrete, Analog, MEMS, and Others. On the basis of Dimension, the market is segmented into 2D ICs, 2.5D ICs, and 3D ICs. On the basis of Supply Chain Participant, the market is segmented into IDM Firms, OSAT Companies, and Foundries.