According to MarkNtel Advisors study the Global Semiconductor Manufacturing Equipment Market size was valued at around USD 89.11 billion in 2023 and is estimated to grow at a CAGR of about 8.66% during the forecast period, i.e., 2024-30.

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Key Findings of the Study: Semiconductor Manufacturing Equipment market

Global Semiconductor Manufacturing Equipment Market Driver:

Escalating Demand for Wireless Technology & Manufacturing Sector to Fuel Market Expansion – The industry has seen a rising utilization of semiconductor components, IC chips, and logic circuits across autonomous systems, connected devices, consumer electronics, home appliances, and electric vehicles. Moreover, the increased automation in the automotive sector has driven the need for lithographic systems and semiconductor chips, expected to drive the demand for manufacturing machinery for semiconductor components and thereby augment the growth of the Semiconductor Manufacturing Equipment Market.

Additionally, there's a notable trend in adopting SIC wafers (semi-insulating carbide wafers) in the telecommunications industry for constructing 5G networks in various economies like India, the US, etc. This aspect is set to elevate the demand for manufacturing equipment. The surge in demand for smart cities and smart homes, which escalates the need for IC chips and components, is another factor contributing to the growth of the Semiconductor Manufacturing Equipment Market.

Global Semiconductor Manufacturing Equipment Market Challenge:

Limitations of Design Patterns to Hinder Market Expansion – The semiconductor production process demands a perfect environment to avoid dust particle interference, which can significantly disrupt manufacturing operations, resulting in substantial losses for companies. Furthermore, supply chain delays caused by semiconductor manufacturing defects pose challenges for vendors & manufacturers, acting as a hindrance to the progress of the Semiconductor Manufacturing Equipment Market.

In addition, intricate design patterns, necessitating precision in transferring intricate data onto chips within confined spaces, add complexity. Moreover, increased demand for SIC wafers in various dimensions reduces the lithography equipment's wavelength capability, contributing to market growth constraints.

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Scope of the Report and Semiconductor Manufacturing Equipment Market Segmentation:

By Equipment

• Front-end- Market Size & Forecast 2019-2030F, USD Million
  • Lithography- Market Size & Forecast 2019-2030F, USD Million
  • Polishing & Grinding- Market Size & Forecast 2019-2030F, USD Million
  • Water Surface Conditioning Equipment- Market Size & Forecast 2019-2030F, USD Million
  • Others- Market Size & Forecast 2019-2030F, USD Million
• Back-end- Market Size & Forecast 2019-2030F, USD Million
  • Wafer Manufacturing Equipment- Market Size & Forecast 2019-2030F, USD Million
  • Assembly & Packaging Equipment- Market Size & Forecast 2019-2030F, USD Million
  • Test Equipment- Market Size & Forecast 2019-2030F, USD Million
  • Others-  Market Size & Forecast 2019-2030F, USD Million

By Product Type

• Memory- Market Size & Forecast 2019-2030F, USD Million
• Foundry- Market Size & Forecast 2019-2030F, USD Million
• Logic- Market Size & Forecast 2019-2030F, USD Million
• MPU- Market Size & Forecast 2019-2030F, USD Million
• Discrete- Market Size & Forecast 2019-2030F, USD Million
• Others (Analog, MEMS, etc.)- Market Size & Forecast 2019-2030F, USD Million

During 2022, the Memory segment held the primary position in the Global Semiconductor Manufacturing Equipment Market, and this trend is expected to persist in the coming years.

By Dimension

• 2D- Market Size & Forecast 2019-2030F, USD Million
• 5D- Market Size & Forecast 2019-2030F, USD Million
• 3D- Market Size & Forecast 2019-2030F, USD Million

By Application

• Semiconductor Electronics Manufacturing- Market Size & Forecast 2019-2030F, USD Million
• Semiconductor Fabrication Plant/Foundry- Market Size & Forecast 2019-2030F, USD Million
• Testing & Inspection- Market Size & Forecast 2019-2030F, USD Million

By Supply Chain Participants

• OSAT- Market Size & Forecast 2019-2030F, USD Million
• IDM- Market Size & Forecast 2019-2030F, USD Million
• Foundry- Market Size & Forecast 2019-2030F, USD Million

Semiconductor Manufacturing Equipment Market Competitive Landscape

• Tokyo Electron Limited
• Hitachi, Ltd.
• Applied Materials, Inc.
• KLA Corporation
• Screen Holding Co. Ltd.
• Veeco Instruments, Inc.
• ONTO Innovation
• SCREEN Semiconductor Solutions Co., Ltd.
• Modutek Corporation
• ACM Research Inc.
• EV Group
• Singulus Technologies AG
• Kokusai Electric

Semiconductor Manufacturing Equipment Market Development:

• April 2023: Applied Materials, Inc. unveiled VeritySEM 10, a novel eBeam metrology system engineered for accurately measuring the crucial dimensions of semiconductor device features created using EUV and the emerging High-NA EUV lithography.
• March 2023: CREEN PE Solutions Co., Ltd., a subsidiary of SCREEN Holdings Co., Ltd., introduced the Ledia 7F-L direct imaging system. This latest model was developed by SCREEN PE to cater to the rising need for precise pattern creation on large-scale substrates and metal masks, specifically targeting applications in the telecommunications and IoT infrastructure sectors.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The Asia-Pacific region is set to claim a considerable share of the Global Semiconductor Manufacturing Equipment Market during the forecast period.

Note: If you require specific information not covered in the current report, we can provide it through customized option

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