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Underpinned by artificial intelligence, advanced wireless networks and quantum computing, semiconductor manufacturing equipment market value is touted to rise manifold. In recent years, miniaturization has gained impetus from the penetration of IoT and AI.
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Semiconductor Manufacturing Equipment Market 2020-2026; Growth Forecast & Industry Share Report
KeyInsights Semiconductor Manufacturing Equipment Market : • Underpinned by artificial intelligence, advanced wireless networks and quantum computing, semiconductor manufacturing equipment market value is touted to rise manifold. In recent years, miniaturization has gained impetus from the penetration of IoT and AI. • Rising trend for 5G and IoT devices has accentuated the growth of compact chipsets, while expanding penetration of electric vehicles has boosted the demand for power modules and components. It is worth noting that the use of sophisticated chipsets and miniaturized consumer electronic products will boost the confidence among stakeholders.
Continued… • With back-end equipment gaining momentum, wafer manufacturing equipment has surged in popularity, mainly credited to the palpable trend for silicon wafer in consumer electronics, including mobile phones and laptops. • According to Semiconductor Equipment and Materials International (SEMI), global silicon wafer shipment surged 2.7% to 2,929 million square inch in Q1 2020 as compared to Q1 of the preceding year. Registering around 15% market share in 2019, wafer manufacturing equipment portfolio is likely to expand steadily at a compound annual growth rate of around 5% through 2026.
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Major Companies Semiconductor Manufacturing Equipment Market : • Hitachi High-Tech Corporation • KLA Corporation • LAM RESEARCH CORPORATION • Modutek Corporation
Regional Semiconductor Manufacturing Equipment Market: • While China has long been an invaluable partner for commercial U.S. semiconductors, the ongoing trade tussle between these two giants has become a major concern in the industry. Subsequently, the U.S. chip firms are not shying away from locating their majority of the front-end manufacturing capacity outside of China. • North America market, as such, will grow steadily and expand at a growth rate of around 6% during through 2026. Relentless technological development, along with expanding penetration of smart products is expected to spur semiconductor manufacturing equipment industry share.
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