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Semiconductor Manufacturing Equipment Market

The Semiconductor Manufacturing Equipment Market is predicted to expand at a faster CAGR over the forecast period (2020-2027).

The factors driving the growth of Semiconductor Manufacturing Equipment Market includes increasing demand for Artificial Intelligence chips, rising trend of technology migration and miniaturization and rise in the number of data centers across the globe. According to the report published by Bloomberg, the Global Artificial Intelligence Chip Market is projected to reach USD 109.83 billion by the end of 2028, growing at a CAGR of 40.17% over the forecast period (2021-2028), which will boost the Global Semiconductor Manufacturing Equipment Market in the coming years. Moreover, the increasing sales of electric vehicles and consumer electronics, growing adoption of Internet of Things (IoT) enabled devices, rising disposable incomes and rapid urbanization, are some of the additional factors supplementing the Semiconductor Manufacturing Equipment Market share. As per the Economic Times, in 2021, around 6.5 million units of fully electric and plug-in hybrid passenger cars were sold worldwide, showing an increase of 109% as compared to 2020, which will further push the market growth in the coming years.

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However, the growth of Semiconductor Manufacturing Equipment Market is hindered due to complexities in pattern.

The prominent players operating in the Semiconductor Manufacturing Equipment Market are Advantest Corporation, Teradyne, Inc., Hitachi High-Technologies Corporation, Tokyo Electron (TEL), Lam Research Corporation, ASML Holdings, Plasma-Therm LLC, KLA Corporation, Applied Materials, Inc., and Screen Holdings CO. Ltd., among others.

Front-End Equipment: Segment Analysis

Based on Front-End Equipment, the Lithography segment is projected to expand at a remarkable CARG during the forecast period owing to emerging need to minimize the thickness of wafer to up to 7nm node.

Product Type: Segment Analysis

Based on Product Type, the memory segment is predicted to hold the highest market share during the forecast period attributed to growing demand for Synchronous Dynamic Random-Access Memory (SDRAM) and Flash memory (NAND or NOR).

Regional: Segment Analysis

Based on region, the Asia-pacific is estimated to expand at a higher CAGR over the forecast period. The growing demand for consumer electronics such as laptops and smartphones, increasing investments for setting up manufacturing plants of semiconductors, rising disposable incomes, improvements in the living standards and rapid industrialization, are some of the factors influencing the market growth in Asia-Pacific. As per the Economic Times, the Taiwan based companies are planning to invest USD 7.5 billion in India to set up Semiconductor Chip plant, which will boost the market growth in India in the forthcoming years.

Market Segmentation

Segmentation by Front-End Equipment

  • Lithography

    • DUV Lithography

    • EUV Lithography

  • Wafer Surface Conditioning

    • Etching

    • Chemical Mechanical Planarization

  • Wafer Cleaning

    • Single-Wafer Spray System

    • Single-Wafer Cryogenic System

    • Batch Immersion Cleaning System

    • Batch Spray Cleaning System

    • Scrubber

  • Deposition

    • PVD

    • CVD

  • Other Front-End Equipment

Segmentation by back-End Equipment

  • Assembly and Packaging

  • Dicing

  • Metrology

  • Bonding

  • Wafer Testing

Segmentation by Fab Facility

  • Automation

  • Chemical Control

  • Gas Control

  • Others

Segmentation by Product Type

  • Memory

  • Foundry

  • Logic

  • MPU

  • Discrete and Analog, Mems, and Others

Segmentation by Dimension

  • 2D

  • 5D

  • 3D

Segmentation by Supply Chain Participants

  • IDM Firms

  • Osat Companies

  • Foundries

Segmentation by Region

  • Asia Pacific

    • China

    • Japan

    • India

    • Rest of APAC

  • North America

    • United States of America

    • Canada

  • Europe

    • United Kingdom

    • Germany

    • France

    • Spain

    • Rest of Europe

  • RoW

    • Brazil

    • South Africa

    • Saudi Arabia

    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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Company Name: GMI RESEARCH
Contact Person: Sarah Nash
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