Semiconductor Manufacturing Equipment Market by Product Type (Memory Logics, Micro-electromechanical system, Microprocessor Units), Dimension (2.5D ICs, 2D ICs, 3D ICs), Equipment Type - Global Forecast 2024-2030

Semiconductor Manufacturing Equipment Market by Product Type (Memory Logics, Micro-electromechanical system, Microprocessor Units), Dimension (2.5D ICs, 2D ICs, 3D ICs), Equipment Type - Global Forecast 2024-2030

The Semiconductor Manufacturing Equipment Market size was estimated at USD 90.63 billion in 2023 and expected to reach USD 96.16 billion in 2024, at a CAGR 6.86% to reach USD 144.29 billion by 2030.

The semiconductor manufacturing equipment includes machinery and tools used to manufacture semiconductor devices such as integrated circuits (ICs), transistors, and other electronic components. Semiconductor manufacturing equipment refers to the production equipment required to produce various semiconductor products and belongs to the key supporting link of the semiconductor industry chain. Increasing production and sale of semiconductors elevates the demand for semiconductor manufacturing equipment. According to a recent study, the industry sold 1.15 trillion units of semiconductors in 2021. The semiconductor manufacturing equipment includes various ranges such as wafer fabrication equipment, assembly and packaging equipment, and testing and inspection equipment. The growing demand for electronic devices and technological advancements in the semiconductor industry drives the demand for semiconductor manufacturing equipment. The gradual transitions in the semiconductor industry, such as the miniaturization of nodes and wafer sizes and the demand for increasing the wafer sizes for ultra-large-scale integration technologies, are fostering the usage of semiconductor manufacturing equipment. However, the chip shortage issues worldwide are impeding the growth of the market. The ongoing introduction of advanced semiconductor manufacturing equipment by market vendors is expected to expand the market scope.

Regional Insights

The countries such as China, South Korea, Japan, and Vietnam are continuously increasing their focus on expanding their semiconductor industry, creating a scope of semiconductor manufacturing equipment in Asia-Pacific. The Chinese government is expected to add roughly 40% of the new global semiconductor capacity by 2030 and continues to prioritize the semiconductor industry as a driver of economic growth and technological leadership. In November 2022, governments in South and Central Asia launched a trade mission focused on the semiconductor industry. The objective was to provide support to India in addressing challenges within the semiconductor supply chain and to enhance the country's domestic semiconductor manufacturing capabilities. The high adoption rate of smart electronics & consumable electronics across various end-use industries, including healthcare, automobiles, and manufacturing, is creating a platform for the growth of semiconductor manufacturing equipment in Asia-Pacific. The substantial growth in the research & development, manufacturing, and distribution of semiconductors with government incentive programs propel the utilization of semiconductor manufacturing equipment to fulfill the growing demand for semiconductors in the Americas. In June 2020, the Government of the United States introduced the CHIPS Act with an approximately 39 billion manufacturing incentive program to revitalize the U.S. chipmaking ecosystem across various technologies. The CHIPS and Science Act also established a 25% advanced manufacturing investment tax credit to be implemented by the U.S. Department of Treasury to complement the manufacturing incentive program. Rapid digitalization, penetration of portable electronic devices, and rising demand for consumer electronics products and smart industrial machinery are expected to drive the growth of EMEA's semiconductor manufacturing equipment market.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Semiconductor Manufacturing Equipment Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rising demand for miniaturized semiconductor components in consumer electronics
    • Growing Integration of Advanced electronic Systems in Automotive & Aerospace
    • Proliferation of government initiatives for semiconductor manufacturing
    • Market Restraints
      • Concerns Related to Chip Shortage and Supply Chain Management
      • Market Opportunities
        • Technological advancements in semiconductor manufacturing
        • Improvements in semiconductor packaging technology and overall standardization
        • Market Challenges
          • Limitations of semiconductor fabrication procedure and presence of strict manufacturing standards
          • Market Segmentation Analysis
            • Product Type: High demand for memory logic devices in semiconductor technology for the storage and retrieval of data
            • Dimension: Suitability of 3D ICs in applications requiring high data processing and speed levels
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Semiconductor Manufacturing Equipment Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Semiconductor Manufacturing Equipment Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Innovative Alliance in Semiconductor Manufacturing: The IBM-Rapidus Partnership in Japan
              
              IBM and Rapidus have teamed up to develop advanced semiconductor technology and an ecosystem in Japan. Together they leverage their expertise to bring cutting-edge solutions to the market based on AI, Cloud technologies, cyber security, and quantum computing. This partnership offers highly advanced semiconductor manufacturing equipment and next-generation production methods enabled by optimized software algorithms and AI analytics. In short, this venture has the potential to revolutionize the way semiconductors are produced worldwide and help drive continued innovation in the industry.
              
              Enhanced Investment Trends in Semiconductor Equipment
              
              The semiconductor manufacturing equipment market is highly competitive, and the leading technology players in the space are continuously investing in research and development to stay ahead of the curve. Recent news from Taiwan showed that semiconductor manufacturer United Microelectronics Corporation (UMC) is increasing its capital expenditure budget for 2021. This move points to an industry trend of continual innovation, as manufacturers look to expand their offerings and improve existing products to remain competitive in the market.
              
              Strengthening Global Semiconductor Supply through U.S.-India Collaboration
              
              India is emerging as a trusted hub for diversifying the global semiconductor supply chain. The U.S. Department of Commerce recently announced a Memorandum of Understanding (MOU) with India, allowing U.S. firms to work together to build advanced semiconductor manufacturing capabilities. This MOU also facilitates the U.S.-India cooperation in areas such as standards and regulatory guidelines, quality assurance, and promotion of local innovators in the sector. With this agreement, advanced cleanroom infrastructure, world-class equipment, and skilled personnel in India could soon support expanding the global semiconductor supply chain by providing quality products at competitive prices. This new partnership is expected to open many doors for the U.S. businesses that are looking to access quality products that can meet their need for more reliable equipment to achieve their production goals efficiently and cost-effectively.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Semiconductor Manufacturing Equipment Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Semiconductor Manufacturing Equipment Market, highlighting leading vendors and their innovative profiles. These include Advanced Dicing Technologies Ltd., Advantest Corporation, Applied Materials, Inc., ASM International N.V., ASML Holding N.V., Atlas Copco AB, Canon Inc., Energetiq Technology, Inc., EV Group, Ferrotec Holdings Corporation, FutureFab, Inc., Hitachi, Ltd., Intel Corporation, JEOL Ltd., KLA Corporation, Lam Research Corporation, Modutek Corporation, Nikon Corporation, Nordson Corporation, Onto Innovation Inc., Screen Holdings Co., Ltd., Support Specialties, Inc. (S-Cubed), SÜSS MicroTec SE, Tokyo Seimitsu Co., Ltd., and Veeco Instruments Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Semiconductor Manufacturing Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Product Type
              • Memory Logics
              • Micro-electromechanical system
              • Microprocessor Units
              • Dimension
                • 2.5D ICs
                • 2D ICs
                • 3D ICs
                • Equipment Type
                  • Back-End Equipment
                    • Assembly & Packaging
                    • Dicing & Bonding
                    • Metrology
                    • Water Testing
                    • Fab Facility Equipment
                      • Automation Equipment
                      • Chemical Control Equipment
                      • Gas Control Equipment
                      • Front-End Equipment
                        • Deposition Equipment
                          • Chemical Vapor Deposition
                          • Physical Vapor Deposition
                          • Lithography Equipment
                            • Deep Ultraviolet Lithography
                            • Extreme Ultraviolet Lithography
                            • Wafer Cleaning Equipment
                              • Batch Immersion Cleaning System
                              • Batch Spray Cleaning System
                              • Scrubber
                              • Single-Wafer Cryogenic System
                              • Single-Wafer Spray System
                              • Water Surface Conditioning Equipment
                                • Chemical Mechanical Planarization
                                • Etching
                            • Region
                              • Americas
                                • Argentina
                                • Brazil
                                • Canada
                                • Mexico
                                • United States
                                  • California
                                  • Florida
                                  • Illinois
                                  • New York
                                  • Ohio
                                  • Pennsylvania
                                  • Texas
                                  • Asia-Pacific
                                    • Australia
                                    • China
                                    • India
                                    • Indonesia
                                    • Japan
                                    • Malaysia
                                    • Philippines
                                    • Singapore
                                    • South Korea
                                    • Taiwan
                                    • Thailand
                                    • Vietnam
                                    • Europe, Middle East & Africa
                                      • Denmark
                                      • Egypt
                                      • Finland
                                      • France
                                      • Germany
                                      • Israel
                                      • Italy
                                      • Netherlands
                                      • Nigeria
                                      • Norway
                                      • Poland
                                      • Qatar
                                      • Russia
                                      • Saudi Arabia
                                      • South Africa
                                      • Spain
                                      • Sweden
                                      • Switzerland
                                      • Turkey
                                      • United Arab Emirates
                                      • United Kingdom
                                      
                                      
                                      Please Note: PDF & Excel + Online Access - 1 Year