The Evolving Landscape of Semiconductor Manufacturing Equipment: Comprehensive Market Analysis and Forecast


Posted August 12, 2024 by Harshal

The Semiconductor Manufacturing Equipment Market is expected to reach $171.6 billion by 2030, at a CAGR of 6% during the forecast period of 2024–2030.
 
Meticulous Research® has released a comprehensive report on the global semiconductor manufacturing equipment market titled, ‘Semiconductor Manufacturing Equipment Market, by Front-end Equipment (Silicon Wafer Manufacturing, Wafer Fabrication), Back-end Equipment (Testing, Assembling & Packaging), Dimension, Component, End User, and Geography - Global Forecast to 2030.’

According to the report, the global semiconductor manufacturing equipment market is projected to experience a Compound Annual Growth Rate (CAGR) of 6% from 2024 to 2030, reaching an estimated $171.6 billion by 2030. This growth is driven by rapid technological advancements, increased consumer adoption of connected devices, and a surge in semiconductor demand leading to more fabrication facilities. Additionally, the rising use of semiconductors in electric vehicle (EV) manufacturing is contributing to market expansion. However, challenges such as supply chain disruptions from the COVID-19 pandemic and the need for user-friendly designs may impact growth. Opportunities include government initiatives supporting the semiconductor industry and the expanding use of connected devices in home automation.

Download Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5432

Market Segmentation:
The report segments the market by type, dimension, component, and end user, and includes an analysis of industry competitors and regional markets.
• By Type: The market is divided into front-end equipment and back-end equipment. Front-end equipment includes silicon wafer manufacturing, wafer fabrication, and other related equipment. Back-end equipment encompasses testing, assembling & packaging, and other equipment. In 2022, front-end equipment held a larger market share and is expected to grow at the highest CAGR due to increasing consumer electronics demand, the proliferation of foundries, and rising needs in electric and hybrid vehicle production.

• By Dimension: The market is segmented into 2D, 2.5D, and 3D dimensions. The 3D segment dominated the market in 2022 and is anticipated to register the highest CAGR. This growth is attributed to automation needs, the demand for improved functionalities and miniaturization of devices, and rapid prototyping requirements.

• By Component: Components include memory, logic, analog, microprocessing units (MPUs), optical devices, discrete devices, microcontroller units (MCUs), sensors, and digital signal processors (DSPs). The memory segment held the largest market share in 2022 and is expected to grow at the highest CAGR, driven by the automotive sector’s demand for advanced memory solutions and ongoing research and development efforts.

• By End User: Segments include integrated device manufacturers (IDMs), foundries, and outsourced semiconductor assembly & test (OSAT). In 2022, IDMs led the market share and are projected to grow at the highest rate due to their significant presence and the increasing need for design and foundry services.

• By Geography: The market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific held the largest market share in 2022 and is expected to continue its rapid growth due to rising semiconductor demand, automotive and industrial electronics expansion, and significant government support.

Quick Buy – Semiconductor Manufacturing Equipment Market- Global Opportunity Analysis And Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/83648135

Key Players:
Key players in the semiconductor manufacturing equipment market include Tokyo Electron Limited (Japan), Lam Research Corporation (U.S.), SCREEN Holdings Co., Ltd. (Japan), Teradyne, Inc. (U.S.), Advantest Corporation (Japan), Hitachi High-Tech Corporation (Japan), Applied Materials, Inc. (U.S.), KLA Corporation (U.S.), Plasma-Therm (U.S.), ASML (Netherlands), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Ferrotec Holdings Corporation (Japan), Canon Machinery Inc. (Japan), Veeco Instruments Inc. (U.S.), Onto Innovation Inc. (U.S.), Nordson Corporation (U.S.), and Tokyo Seimitsu Co., Ltd. (Japan).

Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Harshal
Country United States
Categories Business , Manufacturing , Semiconductors
Tags semiconductor manufacturing equipment market , semiconductor manufacturing equipment market size , semiconductor manufacturing equipment market share , semiconductor manufacturing equipment market growth
Last Updated August 12, 2024