The Semiconductor Back-End Equipment Market size is estimated at USD 18.83 billion in 2024, and is expected to reach USD 28.64 billion by 2029, growing at a CAGR of 8.75% during the forecast period (2024-2029).
The semiconductor back-end equipment market is semi-consolidated due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are ASML Holding NV, Applied Materials Inc., LAM Research Corporation, Tokyo Electron Limited, and KLA Corporation. Players in the market are adopting strategies such as partnerships, expansions, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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