The global market for semiconductor manufacturing equipment is projected to have considerable CAGR of around 8.4% during the forecast period. The major factor driving the market of semiconductor manufacturing equipment include the increasing semiconductor manufacturing coupled with rising application in various sector such as consumer electronics and automotive sector. Consistent rise in the demand for smartphone, tablets, wearable devices, and other consumer electronics is increasingly propelling the growth of semiconductor manufacturing industry, which in turn, is fueling the growth in the semiconductor manufacturing equipment market. Increasing utilization of electronic components in the automotive industry, including semiconductors in Electric vehicle, sensors and electronic control units, in order to increase comfort, safety, and infotainment devices creates a growth to the market. Moreover, growing significant demand of IoT connected devices and chipset further provide significant opportunity to the market.
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Segmental Outlook

The global semiconductor manufacturing equipment market is segmented based on equipment and fabrication process. Based on the equipment, the market is further classified into back-end equipment and front-end equipment. On the basis of fabrication process the market is further segregated into automation, gas control, chemical control, and others. Among fabrication process, the gas control segment held a considerable growth in the market owing to growing requirement of gas control process in semiconductor manufacturing owing to offering exactly controlled mix of gases in wafer manufacturing process.
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Global semiconductor manufacturing equipment market to be driven by front-end equipment

Among equipment, the front end segment held a considerable growth in the market owing to higher profitability and rapidly changing customer requirements. The front-end equipment include lithography, wafer surface conditioning equipment, cleaning process, and others. The lithography is widely used for the front-end process in the semiconductor manufacturing. The back end-equipment include dicing equipment, assembly and packaging, metrology equipment, and test equipment. The assembly and packaging has significant application in semiconductor manufacturing process. This equipment is used to place the semiconductor devices into packages for shipping or placement in electronic equipment. The backside of the wafer is prepared, and the individual chips on the wafer are separated before the die is attached to a package. Testing equipment is used at many points during the manufacturing of semiconductor devices, although it is concentrated in the back-end process during packaging.

Regional Outlook

Geographically, the global semiconductor manufacturing equipment market is further classified into North America, Europe, Asia-Pacific and the Rest of the World. North America have significant growth in the global semiconductor manufacturing equipment market. The advancement of semiconductor manufacturing process in North America such as the US and Canada coupled with integration of smart technology such as IoT in in smart city projects are further making a considerable contribution towards the market in the region.


Asia-Pacific to hold a considerable share in the global semiconductor manufacturing equipment market

Geographically, Asia-Pacific is projected to hold a significant market share in the global semiconductor manufacturing equipment market during the forecast period. Major economies which are anticipated to contribute to Asia-Pacific semiconductor manufacturing equipment market include China, India Japan and others. The major factors contributing to the growth of the market in the region include the rising demand of semiconductor manufacturing equipment in consumer electronics and automotive industry coupled with rising advancement in the semiconductor manufacturing in the region. Moreover, the presence of major smartphone companies, such as Samsung Electronics Co., Ltd. and Huawei Technologies Co., Ltd. is further encouraging the demand for semiconductors in the region. This, in turn, is contributing to the demand for semiconductor manufacturing in Asia-Pacific to fulfill requirements of semiconductors in smartphone operations. Therefore the growing demand of semiconductors in consumer electronics industry further provide significant opportunity to the semiconductor manufacturing equipment market in the region.

Market Players Outlook

The key players in the semiconductor manufacturing equipment market contributing significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include ASML Holding N.V., Applied Materials, Inc., SCREEN Holdings Co., Ltd., KLA Corp., Tokyo Electron Ltd. and others. These market players adopt various strategies such as product launch, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market.

The Report Covers

⦁ Market value data analysis of 2019 and forecast to 2026.
⦁ Annualized market revenues ($ million) for each market segment.
⦁ Country-wise analysis of major geographical regions.
⦁ Key companies operating in the global semiconductor manufacturing equipment market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
⦁ Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
⦁ Analysis of market-entry and market expansion strategies.
⦁ Competitive strategies by identifying ‘who-stands-where’ in the market.

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