How big is the Semiconductor Equipment Market?

The Semiconductor Equipment Market size is expected to reach USD 127.87 billion in 2024 and grow at a CAGR of 4.07% to reach USD 156.09 billion by 2029. Read More

What is the current Semiconductor Equipment Market size?

In 2024, the Semiconductor Equipment Market size is expected to reach USD 127.87 billion. Read More

Who are the key players in Semiconductor Equipment Market?

Applied Materials Inc., ASML Holding Semiconductor Company, Tokyo Electron Limited, Lam Research Corporation and KLA Corporation are the major companies operating in the Semiconductor Equipment Market. Read More

Which is the fastest growing region in Semiconductor Equipment Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Semiconductor Equipment Market?

In 2024, the Asia-Pacific accounts for the largest market share in Semiconductor Equipment Market. Read More

What years does this Semiconductor Equipment Market cover, and what was the market size in 2023?

In 2023, the Semiconductor Equipment Market size was estimated at USD 122.87 billion. The report covers the Semiconductor Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Semiconductor Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the Semiconductor Equipment Market?

Key factors driving the Semiconductor Equipment Market are a) Technological advancements b) Increasing demand for electronics c) Expansion of semiconductor production facilities Read More

Semiconductor Equipment Market - Share, Size, Forecast

Semiconductor Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Semiconductor Equipment Market is segmented By Equipment Type (Front-end Equipment (Lithography Equipment, Etching Equipment, Deposition Equipment, Metrology/Inspection Equipment, Material Removal/Cleaning Equipment, Photoresist Processing Equipment) and Back-end Equipment (Test Equipment, Assembly and Packaging Equipment)), Supply Chain Participant (IDM, OSAT, Foundry), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

Semiconductor Equipment Industry Overview

The intensity of competitive rivalry is moderately high in the semiconductor equipment market. Firm specialization is driven by the high R&D investments and capital expenditures required to compete in the SME industry. Some key players are Applied Materials Inc., ASML Holding Semiconductor Company, and KLA Corporation. A few recent developments in this market are:

May 2022: SCREEN Holdings increased its efforts to reduce the environmental impact of the semiconductor industry. However, as reliance on semiconductor devices has grown, the environmental impact created by the manufacturing processes has become a shared concern for the semiconductor industry. With this challenge in mind, SCREEN SPE agreed to join the Sustainable Semiconductor Technologies and Systems research program led by IMEC, a world-leading innovator. The program is designed to help the semiconductor industry reduce its overall environmental impact.
February 2022: United Microelectronics Corporation (UMC), a Taiwanese global semiconductor foundry, announced its plans to build a new advanced manufacturing facility in Singapore. The new facility would be built next to its existing plant, known as Fab12i, in Pasir Ris. The total investment for the planned project was USD 5 billion. The new wafer fab facility would have a monthly capacity of 30,000 wafers, with production expected to start in late 2024. According to UMC, it would also be one of the most advanced semiconductor foundries in Singapore and will produce 22 nm and 28 nm chips.