Dublin, February 27, 2025 (Globe Newswire) – “Added to Lithography, Wafer Surface Conditioning, Etching, CMP, Deposition, Wafer Cleaning, Assembly and Packaging, Dicing, Bonding, Metrology, Wafer/IC Testing, Logic, Memory, MPU, Isfultion-Forecast.
The global semiconductor manufacturing equipment market has witnessed significant growth, expanding to USD 1550.9 billion by 2029, up from USD 1002.4 billion in 2024. Industry analysts project a stable combined annual growth rate (CAGR) of 7.3% during the forecast period. This expansion is driven primarily by the expansion of semiconductor manufacturing facilities, a noticeable surge in the automated semiconductor sector, and the growing demand for more sophisticated and efficient chips. Supporting this momentum is a breakthrough in advanced packaging technology and an increase in government support for the semiconductor industry at the national level.
Lithography leads the front-end equipment market
Lithography is allocated as a segment to capture the largest market share within the front-end equipment sector of semiconductor manufacturing. The advances in extreme ultraviolet (EUV) technology have contributed significantly to this growth, as well as increased investment in precision equipment designed to overcome new challenges. This process is important in creating complex micropatterns in silicon wafers, and allows for the production of increasingly smaller and more powerful semiconductor chips, especially with significant technical improvements in EUV lithography.
Fastest growth of semiconductor coupled devices
In semiconductor back-end equipment, coupling is expected to register the fastest growth. The need for precise semiconductor devices and manufacturing processes to improve yield and efficiency is of paramount importance. This increased demand drives the development of various coupling technologies that are important in forming electrical interconnects between the semiconductor die and the respective substrates, ensuring the functioning of the devices. The robust demand from both the automotive and consumer electronics sectors is a key factor in this trend.
Asia Pacific region accelerates with markets
Geographically, the Asia-Pacific region is projected to experience the fastest growth over a forecast period led by power generation countries such as China, Japan, Taiwan and South Korea. The combination of highly evolved production capacity, increased government initiatives, continuous technological advancements and heavy investments from local and global players has solidified regional leadership in semiconductor production and innovation. The growth trajectory of the Asia-Pacific market is growing in demand for electronic equipment and electric vehicles, as well as new technology developments in AI, IoT and 5G.
Market dynamics and competitive situation
The dynamics of the semiconductor manufacturing equipment market are affected by several factors, including the expansion trend of manufacturing facilities, pushing the automotive semiconductor market, and the escalating needs of highly efficient chips. However, challenges such as high capital investments required to enter the market and the complexity of semiconductor manufacturing processes are important considerations for stakeholders.
Due to the highly competitive rating, players are Applied Materials, Inc. It has been found that it is a leading market leader in the US (US), ASML (Netherlands), Tokyo Electronics Limited (Japan), LAM Research Corporation (US), and KLA Corporation (US), and contributes to a robust growth strategy and innovative service delivery. Investments in research and development and the emergence of new technologies and services are expected to further energize the market. This comprehensive market overview highlights the vibrancy and dynamism of the semiconductor manufacturing equipment sector, judged by the progress and industry-driven strategic initiatives launched by players in major markets.
Important attributes:
Report attribute attribute. Pages305ForeCast Period Estimate 2024-2029 Market Value (USD) Earned $1924 billion in 2024 Market Value (USD) Earned $15.509 billion by 2029 Global Covers Regions with an annual growth rate of 7.3%
The company was introduced
Applied Materials, Inc.asmltokyo Electric Electric CorporationKla CorporationScreen Holdings Co. Ltd.Teradyne, Inc.Advantest CorporationHITACHI HIGH-TECH CORPORATIONPLASMA-Thermasm International NVEV Group (EVG) Gmbhcanon Inc.Kokusai Electric CorporationsFormFactor
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Semiconductor manufacturing equipment market
