Semiconductor Manufacturing Equipment Market Size, Share & Trends Analysis Report By Process (Front-end, Back-end), By Dimension (2D, 2.5D, 3D), By Application, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The globalsemiconductor manufacturing equipment market sizewas valued atUSD 96.68 billion in 2022and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. The surging demand for miniature devices, coupled with improvements in functionalities of electronic products such aslaptops,smartphones, digital cameras, etc., is anticipated to bolster the market growth during the study period. The demand for semiconductors is increasing progressively as the design of I.C. is getting complicated and more semiconductor products are implanted for manufacturing I.C. The semiconductors are utilized in I.C. development because they help to minimize the cost of I.C. development, reduce time in mass production, and enhance the final product value in terms of operation.

The rise in demand for consumer electronic products can be ascribed to the increasing disposable income across populations coupled with augmenting demand for advanced electronic products. The escalating adoption of electronic products in the workplace, in daily routine, and entertainment, is expected to increase the demand for semiconductors during the projected years and support market growth.

The growth of semiconductor manufacturing equipment is anticipated to be supported by the evolution of cloud technology, the development of 5G networks, and the rising demand for connected vehicles. Additionally, individuals are ready to spend more on advanced gadgets to improve their living standards and electronic product experience.

Semiconductor manufacturing equipment manufacturers are adopting different business models that include a usage-based model, a subscription model, and an outcome-based model. These business models help increase the customer base as the cost of the equipment is very high, and it is not feasible for a medium-scale organization to purchase new machinery. Therefore, the equipment as a service model facilitates the company to produce semiconductors on a rental basis. This is anticipated to support the market growth as the growth in the number of semiconductor manufacturers would positively support the market growth.

The end-users of the semiconductor manufacturing equipment are expected to bolster the market growth during the projected years, as the companies are increasing their production capacity of semiconductors. For instance, in March 2023, Samsung Electronics announced that the company is planning to invest USD 228 billion in an advanced semiconductor facility in South Korea. This kind of initiative by the companies is expected to augment the market growth during 2023-2030 years.

Process Insights

Front-end process led the market and accounted for 73.3% of the semiconductor manufacturing equipment revenue share in 2022. Furthermore, the segment is expected to witness the fastest CAGR of 8.0% from 2023 to 2030. In wafer fabrication facilities, front-end equipment is anticipated to be in high demand.

The front-end process is also being adopted for the manufacturing of silicon wafers, photolithography, deposition, etching, ion implantation, mechanical polishing machines, and many others. The escalating demand for highly efficient and packed semiconductors for GPUs, IoT devices, CPUs, and other devices is primarily responsible for the progressive demand for front-end equipment.

The surging production of silicon wafers is owing to the rapid digitalization and extensive application of the product in laptops,television, smartphones, and other electronic products. Silicon wafers are extensively used as semiconductors in manufacturing integrated circuits and electronics including numerous transistors and other critical components.

The back-end segment is expected to propel at a CAGR of 6.9% during the projected years. The segment is anticipated to observe progressive growth with the evolution of compact packaging solutions primarily for automotive and consumer electronic industries.

Dimension Insights

2.5 d段领导市场,占39.8% of the revenue share in 2022. The growth of the segment is attributed to the number of benefits associated with the product, such as high chip functionalities, higher bandwidth, wider bandwidth, and minimal cost & time for wiring. Additionally, growth in electronic devices and smart gadgets is resulting in the need for semiconductors fabrication facilities.

The semiconductor manufacturing equipment market for 3D IC manufacturing is expected to progress at a CAGR of 10.4% during the projected years. The surge in demand for miniature portable devices like smartphones, tablets, etc., is expected to augment the product demand in the coming years.

The 2.5D is an interposer technology, and this semiconductor component finds applications where parameters such as low power and higher performance are a major concern. In addition, the 2.5D architecture is primarily paired with high-bandwidth memory modules for improving the performance of the equipment. The traditional form of semiconductor has become very complex, therefore, there is an increased inclination toward 2.5D and 3D packaging architecture for high chip functionality.

Application Insights

The semiconductor fabrication plant/foundry segment led the semiconductor manufacturing equipment market and accounted for 46.8% of the revenue share in 2022. The growth is significantly attributed to the expansion of industrial manufacturing over the forecast period. The growing population is creating an increased need for smartphones, laptops, smart home care products, wearables, and other innovative electronic products. The rising demand in turn is expected to boost the demand for semiconductor manufacturing equipment.

The manufacturing of semiconductor electronics is expected to expand rapidly due to increased awareness about testing semiconductors and their components. Furthermore, it is anticipated that strict government regulations governing the testing of electronic devices will favorably impact market expansion throughout the projected years.

The semiconductor fabrication plant/foundry segment is likely to grow at the fastest CAGR of 8.3% over the forecast period. These equipment are majorly adopted at the fabrication site to assist the production of semiconductor products like chips, image sensors, and memory. Additionally, the electronics industry is observing progressive demand from consumer electronics, telecommunication, and computers. Hence, it is anticipated to drive the market growth during the projected years.

Regional Insights

亚太地区led the market and accounted for 68.0% of the global revenue share in 2022 and is expected to grow at a CAGR of 8.2% during the forecast period. The region has a large number of semiconductor, and electronic product manufacturers, primarily in countries like China, India, Taiwan, and Japan. This has surged the demand for semiconductor manufacturing equipment in the region.

Taiwan is a major hub of semiconductor manufacturers and has a huge demand for applications in new technologies such as 5G, automotive,Internet of Things, AI, andbig data. Furthermore, the increased spending on new fab equipment for the fabrication of semiconductor products would progress the market growth during the projected years.

德国欧洲半的多数股权conductor manufacturing equipment industry and is expected to propel at a CAGR of 8.0% in the coming years. Germany holds the fourth position globally in terms of manufacturing electronic products and is also a significant European market for semiconductor manufacturing equipment.

Key Companies & Market Share Insights

半导体制造设备行业is characterized by intense competition owing to the presence of privately and publicly held companies. Key players include Applied Materials Inc.; Lam Research Corporation; KLA Corporation; ASML; Tokyo Electron Limited; Advantest Corporation; SCREEN Semiconductor Solutions Co., Ltd.; Cohu, Inc.; ACM Research Inc.; Nordson Corporation; and Tokyo Seimitsu Co., Ltd.

Semiconductor manufacturing equipment manufacturers adopt several strategies including mergers, joint ventures, acquisitions, new product developments, and regional diversification to progress their market penetration and fulfill the changing technological demand. For instance, in March 2023, Tokyo Electron announced the construction of a new production facility at the Tohoku Office. This production house would be built to meet up with the surging demand for semiconductors globally. Some prominent players in the global semiconductor manufacturing equipment market include:

• Applied Materials Inc.

• Lam Research Corporation

• KLA Corporation

• ASML

• Tokyo Electron Limited

• Advantest Corporation

• SCREEN Semiconductor Solutions Co., Ltd.

• Cohu, Inc.

• ACM Research Inc.

• Nordson Corporation

• Tokyo Seimitsu Co., Ltd.

• EV Group (EVG)

• Modutek Corporation

• Dainippon Screen Group

• Ferrotec Holdings Corporation

Semiconductor Manufacturing Equipment Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 103.07 billion
Revenue forecast in 2030	USD 175.24 billion
Growth rate	CAGR of 7.7 % from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030
Quantitative units	Revenue in USD billion and CAGR from 2023 to 2030
Report Coverage	Revenue forecast, company market position analysis, competitive landscape, growth factors, and trends
Segments Covered	Process, dimension, application, region
Regional scope	North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
Country Scope	U.S.; Canada; Mexico; Germany; France; Italy; UK; Spain; Netherlands; China; Japan; India; South Korea; Taiwan; Malaysia; Brazil; South Africa; Israel
Key companies profiled	Applied Materials Inc.; Lam Research Corporation; KLA Corporation; ASML; Tokyo Electron Limited; Advantest Corporation; SCREEN Semiconductor Solutions Co., Ltd.; Cohu, Inc.; ACM Research Inc.; Nordson Corporation; Tokyo Seimitsu Co., Ltd.; EV Group (EVG); Modutek Corporation; Dainippon Screen Group; Ferrotec Holdings Corporation
Customization scope	Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
价格和购买该俱乐部ns	Avail customized purchase options to meet your exact research needs.Explore purchase options

Global Semiconductor Manufacturing Equipment Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global semiconductor manufacturing equipment market report based on process, dimension, application, and region:

• Process Outlook (Revenue, USD Billion, 2018 - 2030)

  • Front-end

    • Deposition

      • ALD (Atomic Layer Deposition)

      • CVD (Chemical Vapor Deposition)

      • Others

    • Lithography

      • DUV

      • EUV

    • Etch

      • Plasma Etch System

      • Gas Chemical Etch System

    • Cleaning

      • Single Wafer Cleaning System

      • Scrubber System

      • Single Wafer Cryokinetic Cleaning System

      • Batch Spray Cleaning System

      • Others

    • Testing

      • Multi-Cell Test System

      • Wafer/Dicing Frame Prober

      • Others

    • Back-end

      • Packaging

      • Testing

• Dimension Outlook (Revenue, USD Billion, 2018 - 2030)

  • 2D

  • 2.5D

  • 3D

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Semiconductor Electronics Manufacturing

  • Semiconductor Fabrication Plant/Foundry

  • Testing & Inspection

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • UK

    • Spain

    • Netherlands

  • 亚太地区

    • China

    • India

    • Japan

    • South Korea

    • Malaysia

    • Taiwan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Israel

    • South Africa