Semiconductor Manufacturing Equipment Market Growth and Development Insight – Size, Share, Growth, and Industry Analysis | MarkNtel

MarkNtel Advisors recently published a detailed industry analysis of the Semiconductor Manufacturing Equipment Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Semiconductor Manufacturing Equipment Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The 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.

What are the Major Driver of the Semiconductor Manufacturing Equipment industry?

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.

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What segments define the Semiconductor Manufacturing Equipment market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

• 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

According to report, 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
  • 2.5D- Market Size & Forecast 2019-2030F, USD Million
  • 3D- Market Size & Forecast 2019-2030F, USD Million

According to report, In the past period, the 3D semiconductor manufacturing equipment segment emerged as the dominant force in the Semiconductor Manufacturing Equipment Market and would flourish in the projected years as well.              

• 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

Explore the Complete Semiconductor Manufacturing Equipment Market Analysis Report – https://www.marknteladvisors.com/research-library/semiconductor-manufacturing-equipment-market.html

Geographical Analysis: Semiconductor Manufacturing Equipment Market

o   North America

o   South America

o   Europe

o   Middle East & Africa

o   Asia-Pacific

Semiconductor Manufacturing Equipment Market Share & Competitive Landscape:

The Semiconductor Manufacturing Equipment Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Semiconductor Manufacturing Equipment Market are:

• 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 Industry Recent 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.

Questions Addressed in this Study

1. What factors are driving the Semiconductor Manufacturing Equipment Market growth?

2. How is the Semiconductor Manufacturing Equipment Market expected to grow over the next five years?

3. What are the key insights into the current trends in the Semiconductor Manufacturing Equipment Market?

4. What is the current size of the Semiconductor Manufacturing Equipment Market, and how is it projected to change in the future?

6.What is the future outlook for the Semiconductor Manufacturing Equipment Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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