According to a market report by Lucintel, the future of the semiconductor production equipment market looks promising with opportunities in various supply chain processes, such as integrated device manufacturer (IDM), outsourced semiconductor assembly and test (OSAT), and foundry. The global semiconductor production equipment market is expected to reach an estimated $162.7 billion by 2028 with a CAGR of 9.4% from 2023 to 2028. The major drivers for this market are increasing penetration of semiconductor chips in consumer electronic, medical gadget, and sensor system applications and growing integration of connected devices with IoT and artificial intelligence across the globe.
Front-end equipment and back-end equipment are the two product type major segments of semiconductor production equipment market. Lucintel forecast that front-end equipment will remain the larger product type segment over the forecast period due to increasing demand for consumer electronic devices and growing usage of semiconductor parts in electric and hybrid vehicles.
Within this market, integrated device manufacturer (IDM) is expected to remain the largest supply chain process segment due to increasing spending in research and development activities so as to develop sophisticated semiconductor ICs, RFID circuits, and sensors.
APAC will remain the largest region due to the presence of major semiconductor manufacturers in countries, like China and Taiwan, and supportive government programs and financial actions that boosts semiconductor production in the region.
Alsil Material, ASML Holdings, Screen Holdings, Teradyne Inc., Applied Materials, Veeco Instruments, KLA Corporation, Nikon Corporation, and Onto Innovation are the major suppliers in the global semiconductor production equipment market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor production equipment market by product type, function, supply chain process, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Semiconductor Production Equipment Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor production equipment market by product type, function, supply chain process, and region, as follows:
Semiconductor Production Equipment Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Front-End Equipment
Back-End Equipment
Semiconductor Production Equipment Market by Function [Value ($B) Shipment Analysis from 2017 to 2028]:
Integrated Circuits
Optoelectronics, Sensors, and Discretes (OSD)
Semiconductor Production Equipment Market by Supply Chain Process [Value ($B) Shipment Analysis from 2017 to 2028]:
Intregated Device Manufacturer (IDM)
Outsourced Semiconductor Assembly and Test (OSAT)
Foundry
Semiconductor Production Equipment Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the semiconductor production equipment market by product type (front-end equipment and back-end equipment), function (integrated circuits and optoelectronics, sensors, and discretes (OSD)), supply chain process (intregated device manufacturer (IDM), outsourced semiconductor assembly and test (OSAT), and foundry), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?