Title: Semiconductor Manufacturing Equipment Industry Growth Overview and Opportunities (2021-2027)
1MarketsandMarkets Presents
Semiconductor Manufacturing Equipment Industry
Growth Overview and Opportunities
(2021-2027) Semiconductor Manufacturing
Equipment Market by Front-end Equipment, Back-end
Equipment, Fab Facility Equipment, Product Type,
Dimension, Supply Chain Participant, Region
(2021-2027) https//www.marketsandmarkets.com/Mar
ket-Reports/semiconductor-manufacturing-equipment-
market-263678841.html
2 The global semiconductor manufacturing equipment
market size is projected to reach USD 175.0
billion by 2027 from USD 95.3 billion in 2021 at
a CAGR of 8.5 during the forecast
period. Surging demand for AI chips driven by
future AI-driven workloads and applications is
propelling the demand for semiconductor
manufacturing equipment worldwide. Browse 302
market data Tables and 79 Figures spread
through 364 Pages and in-depth TOC
on "Semiconductor Manufacturing Equipment Market
with COVID-19 Impact Analysis by Front-end
Equipment, Back-end Equipment, Fab Facility
Equipment, Product Type, Dimension, Supply Chain
Participant, Region - Global Forecast to 2027"
3 The lithography equipment segment to hold the
highest share of the market in 2022. The
lithography equipment market is expected to hold
the largest share due to the globally increasing
demand for semiconductor devices. The rising
demand for semiconductor chips across various
end-use industries leads to the increased
adoption of photolithography equipment, which, in
turn, propels the growth of the lithography
segment. The market for the above wafer testing
segment is expected to grow at the highest
CAGR The wafer testing segment is expected grow
at the highest CAGR during the forecast period.
The growth is attributed to the need of
high-accuracy ICs. Modern ICs need to incorporate
multiple functions, and the complex circuitry
needs proper testing equipment to achieve
accuracy. Ask PDF Brochure https//www.marketsan
dmarkets.com/pdfdownloadNew.asp?id263678841 The
chemical control equipment segment to dominate in
2022 The chemical control equipment segment is
projected to grow at the highest CAGR during the
forecast period. Contamination control by
chemical control equipment has a significant
impact on the yield and equipment efficiency, as
these equipment provide repeated and reliable
delivery of pure chemicals during the
semiconductor manufacturing processes. The
memory segment to hold the highest share of the
semiconductor manufacturing equipment market in
2022. The memory segment is anticipated to hold
the largest share of the market. An increased use
of memory ICs is anticipated in the automotive
sector due to the growing trend of electric
vehicles and autonomous vehicles
4The market for the semiconductor manufacturing
equipment with 3D ICs segment is expected to grow
at the highest CAGR. The semiconductor
manufacturing equipment market for 3D IC
manufacturing is expected to grow at the highest
CAGR during the forecast period. The increased
demand for improved functionalities in and
miniaturization of portable hand-held devices
such as cell phones, personal digital assistant
(PDAs), digital cameras, and laptop computers,
manufacturers and IDMs are expected to prefer 3D
ICs. The IDM firms held the largest share of the
semiconductor manufacturing equipment
industry The market for the IDM firms segment is
expected to grow at the highest CAGR during the
forecast period. The segment also held the
largest share of the market, as most firms are
tier 1 companies with substantial RD spending, a
vast customer base, and a significant global
presence. Request Free Sample Pages https//www.
marketsandmarkets.com/requestsampleNew.asp?id2636
78841 APAC held the largest share in 2021 and is
expected to account for the highest CAGR of the
market by 2027 In 2021, the semiconductor
manufacturing equipment market in APAC held the
largest share and by 2027, it is expected to grow
at the highest CAGR during the forecast
period. The market is driven by continuous
developments in the semiconductor industry,
expansion activities by the market players in the
region, and financial support for the
semiconductor industry by Asian governments. The
region also has the presence of several
semiconductor manufacturing equipment companies
such as Tokyo Electron Limited, SCREEN Holdings
Co., Ltd., Advantest, Hitachi High-Tech
Corporation, Nikon Corporation, Daifuku Co. Ltd.,
and others.
5Opportunity Government initiatives to boost
semiconductor industry The strategic importance
of semiconductors, as well as their growing
importance for economic competitiveness and
supply chain resilience, has been a priority for
governments worldwide. The disruptions in the
supply chain and the global chip shortage are
major concerns across all end-user industries
such as automotive and consumer electronics.
Accelerating geopolitical tensions have
emphasized the need for certain countries to
rebalance and enhance their position in the
global chip supply chain. Governments of
different countries have been exploring and
formulating various plans for the growth of the
semiconductor industry domestically. Challenge
Supply chain disruptions caused by COVID-19 The
semiconductor business is diverse and
well-established. In its value chain, no country
or corporation has complete independence. It
requires a variety of inputs, including wafer
materials, specialty chemicals and gases,
processing tools, final testing, and packaging
the firms that offer the various elements are
spread globally. COVID-19 Impact on the Global
Semiconductor Manufacturing Equipment Market The
COVID-19 pandemic negatively impacted the market
in 2020 and 2021, resulting in a decline in the
revenues for market players. As a result, a dip
was witnessed in the growth trend of the market
during 2020 and the first half of 2021. The
demand for front-end equipment, back-end
equipment, and fab facility equipment is expected
to surge with the rise in the production volume
and the spike in demand for consumer electronic
devices and hybrid electric vehicles in the third
or fourth quarter of 2022.
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