Semiconductor Manufacturing Equipment Market Demand and Growth Opportunities Detailed Analysis Report
Posted on Sep 16 2022 7:48 AM
"Semiconductor Manufacturing Equipment Market Size, Share & Industry Analysis, By Equipment Type (Front-end Equipment, Back-end Equipment), By Dimension (2D, 2.5D, 3D), By Application (Semiconductor Fabrication Plant/Foundry, Semiconductor Electronics Manufacturing, Test Home) and Regional Forecast, 2019-2026 "
According to the latest report, titled “Semiconductor Manufacturing Equipment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast’ the India facility management market is expected to exhibit a Huge CAGR during the Forecast Period. The global semiconductor manufacturing equipment market size stood at USD 64.55 billion in 2018 and is projected to reach USD 119.00 billion by 2026, exhibiting a CAGR of 8.0% during the forecast period
This COVID-19 analysis of the report includes COVID-19 IMPACT on the production and, demand, supply chain. This report provides a detailed historical analysis of the global Semiconductor Manufacturing Equipment Market by region/country and subsectors. The report covers the revenue, sales volume, price, historical growth, and future perspectives in the Semiconductor Manufacturing Equipment Market.
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A few top players in the industry are-
- Dainippon Screen Group
- Applied Materials, Inc.
- Canon Machinery Inc.
- Tokyo Electron Limited
- Ferrotec Holdings Corporation
- Lam Research Corporation
- ASM International
- KLA Corporation
- Hitachi High-Technologies Corporation
- Other key market players
The report gives a precise view of the future perspective and present market demands. The report also includes facts and statistics, tables & figures referred to in this report for strategic planning which leads to the success of the organizations. In this market report, the market share that various manufacturers hold in the global Semiconductor Manufacturing Equipment Market and the market concentration is described in the report.
On the basis of Geography, the Global Semiconductor Manufacturing Equipment Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to hold a considerable share in the global Semiconductor Manufacturing Equipment Market. Due to increasing investment for research and development process and adoption of solutions in the region whereas Asia-Pacific is expected to grow at a faster pace during the forecasted period.
The growing number of Semiconductor Manufacturing Equipment Market players across regions is expected to drive market growth further. Moreover, increasing investments by prominent vendors in product capabilities and business expansion is expected to fuel the market during the study period. Many market players are finding lucrative opportunities in emerging economies like China and India, where the large populations are coupled with new innovations in numerous industries.
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Integration of Semiconductors to Propel Market Growth
The market is set to expand in the coming years owing to the increasing usage of semiconductors in electric, connected, and autonomous vehicles. In today’s technology-driven world, semiconductors are often integrated into a single chip for hassle-free usage in smart homes, medical devices, wearables, smart devices, and others. It is occurring as the consumers are rapidly inclining towards compact-sized products across the world. All these factors are anticipated to boost the semiconductor manufacturing equipment market growth in the forthcoming years.
3D Segment to Dominate: Ongoing Technological Advancement Will Accelerate Growth
By dimension, the market is divided into 2D, 2.5D, and 3D. Amongst these, the 3D segment is expected to dominate the market fueled by persistent technological advancement. Moreover, enhancement of the performance of 3D integrated circuits (IC) would contribute to growth. Also, the 3D ICs are being designed in such a way that they would be able to overcome the obstacles associated with conventional geometrical scaling. The 2.5D segment had held a market share of 39.7% in 2018.
An overview of the Semiconductor Manufacturing Equipment Market’s regional outlook:
The market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). North America is further subdivided into countries such as the United States and Canada. The Europe region is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific are subdivided into Asia Pacific. The Latin America region is separated into Brazil, Mexico, and the rest of Latin America, whereas the MEA region is divided into GCC, Turkey, South Africa, and the rest of MEA.
Asia Pacific to Lead Stoked by the Presence of Many Renowned Manufacturers
In terms of region, the market is fragmented into Latin America, North America, the Middle East & Africa, Asia Pacific, and Europe. Out of these, Asia Pacific had generated USD 34.38 billion in semiconductor manufacturing machines market revenue in 2018 and is likely to retain its dominant position in the coming years. This growth is attributable to the presence of several industry giants in Taiwan and China. The International Trade Administration, for instance, stated that emerging countries, such as Korea and Japan, stood in the top positions in terms of exportation of semiconductor equipment in 2016.
Europe, on the other hand, is expected to grow considerably owing to the participation of the European Union (EU) in the World Trade Organization Information Technology Agreement (WTO ITA). As per one of our leading analysts, “Numerous institutes and organizations present in the nanoelectronics ecosystem in this region have proposed to invest huge sums by joining hands with the EU for upsurging the worldwide revenue up to USD 224 billion per year.” It would also drive the market growth in this region. Apart from that, in North America, there is stiff competition from Chinese manufacturers. Hence, the region is projected to hold a significant share.
- What is the driving factor for the growth of the Semiconductor Manufacturing Equipment Market?
- How will the COVID-19 pandemic impact the demand and consumption of the Semiconductor Manufacturing Equipment Market?
- What is the major application area of the Semiconductor Manufacturing Equipment Market?
- Who are the Semiconductor Manufacturing Equipment Market manufacturers across the globe?
- Which geographical location is dominant in the Semiconductor Manufacturing Equipment Market?
- Which are the top industry players in the Semiconductor Manufacturing Equipment Market?
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