Global Semiconductor Etch Equipment Market Size to worth USD 45.35 Billion by 2033: Market Statistics Report

Global Semiconductor Etch Equipment Market Size to worth USD 45.35 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Semiconductor Etch Equipment Market Size is Expected to Grow from USD 22.12 Billion in 2023 to USD 45.35 Billion by 2033, at a CAGR of 7.44% during the forecast period 2023-2033.  

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Semiconductor Etch Equipment Market Size, Share, and COVID-19 Impact Analysis, By Etch Type (Dry Etch and Wet Etch), By Dimension (2D, 2.5D, and 3D), By Application (Semiconductor Fabrication Plant/Foundry, Semiconductor Electronics, and Test Home), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.           

The semiconductor etch equipment market refers to the use of the equipment to create patterns on wafers by removing material from thin film. Etching is a technique used in the production of semiconductor devices that removes material from a thin film on a substrate (whether or not the substrate has previously formed a structure on its surface) in a selective manner, leaving behind a pattern of that material on the substrate. The machines are used in the finishing phase of semiconductor manufacturing and are a key part of the process. This prime processing equipment performs 50-60% of the operations, involved in the finishing phase of the product, where wafer surfaces are leveled with two etching operations: dry etch and wet etch. There is an increased adoption of this equipment in industries including semiconductor fabrication plant/foundry, semiconductor electronics manufacturing, and test homes. The growing semiconductor need and miniaturization of wafers are bolstering the market growth. On the contrary, the heavy initial investment and late ROI are hampering the market demand for semiconductor etch equipment.

The dry etch segment dominated the market with the largest share of the semiconductor etch equipment in 2023.

Based on the etch type, the global semiconductor etch equipment market is divided into dry etch and wet etch. Among these, the dry etch segment dominated the market with the largest share of the semiconductor etch equipment in 2023. The dry etch segment is used for plasma or reactive gases to etch semiconductor materials. They are used in semiconductor fabrication to remove material from a surface using plasma or reactive gases.

The 3D segment held the largest revenue share of the global semiconductor etch equipment market in 2023.

Based on the dimensions, the global semiconductor etch equipment market is divided into 2D, 2.5D, and 3D. Among these, the 3D segment held the largest revenue share of the global semiconductor etch equipment market in 2023. The minimal machining cost and increased need for more miniaturized and compact wafers in telecommunication and broadcasting devices are contributing to driving the market in the 3D segment.

The semiconductor fabrication plant/foundry segment is expected to hold the largest market share during the forecast period.

Based on the application, the global semiconductor etch equipment market is divided into semiconductor fabrication plant/foundry, semiconductor electronics, and test home. Among these, the semiconductor fabrication plant/foundry segment is expected to hold the largest market share during the forecast period. The growing need for semiconductors and increased investment in industries like consumer electronics, medical devices, and automotive are driving the market demand in the semiconductor fabrication plant/foundry segment.

Asia Pacific is projected to hold the largest share of the global semiconductor etch equipment market over the forecast period.

Asia Pacific is projected to hold the largest share of the global semiconductor etch equipment market over the forecast period. The increasing R&D efforts and heavy investment in the development and setup of semiconductor manufacturing facilities in developing nations of the Asia Pacific region are driving the semiconductor etch equipment market. Further, the growing adoption of smart electronic devices and government initiative programs for domestic semiconductor manufacturing are propelling the market growth.

Europe is predicted to grow at the fastest CAGR in the semiconductor etch equipment market over the forecast period. The application of multi-functional advanced semiconductor chips in industrial automation is significantly driving the regional market growth. Further, the need for advanced electronics across industries including automotive, consumer electronics, and telecommunications is propelling the market.

Competitive Analysis

Major key players in the semiconductor etch equipment market include Applied Materials Inc., Tokyo Electron Limited, Lam Research Corporation, ASML, KLA Corporation, Dainippon Screen Group, Hitachi High Technologies Corporation, ASM International, Ferrotec Holdings Corporation, Canon Machinery Inc., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2024, Lam Research Corp. introduced the world's first production-oriented pulsed laser deposition (PLD) tool to enable next-generation MEMS-based microphones and radio frequency (RF) filters.

• In December 2023, Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced the grand opening of the Company's new Axcelis Logistics Center, located at 105 Sam Fonzo Drive, Beverly, MA.

• In December 2023, Applied Materials, Inc. and Ushio, Inc. announced a strategic partnership to accelerate the industry’s roadmap for heterogeneous integration (HI) of chiplets into 3D packages. The companies are jointly bringing to market the first digital lithography system specifically designed for patterning the advanced substrates needed in the Artificial Intelligence (AI) era of computing.

• In July 2023, Applied Materials, Inc. introduced Vistara, Applied’s most significant wafer manufacturing platform innovation in more than a decade, designed to provide chipmakers with the flexibility, intelligence and sustainability needed to tackle growing chipmaking challenges.

• In June 2023, Lam Research launched Coronus DX to facilitate advanced wafer semiconductor manufacturing. With hundreds of processes needed to build nanometer-sized devices on a silicon wafer, manufacturing advanced semiconductors has become increasingly complex.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global semiconductor etch equipment market based on the below-mentioned segments:

Global Semiconductor Etch Equipment Market, By Etch Type

• Dry Etch
• Wet Etch

Global Semiconductor Etch Equipment Market, By Dimension

• 2D
• 2.5D
• 3D

Global Semiconductor Etch Equipment Market, By Application

• Semiconductor Fabrication Plant/Foundry
• Semiconductor Electronics
• Test Home

Global Semiconductor Etch Equipment Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa