Global Semiconductor Manufacturing Equipment Market Size to worth USD 203.05 Billion by 2033: Forecast Analysis Report

Global Semiconductor Manufacturing Equipment Market Size to worth USD 203.05 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Semiconductor Manufacturing Equipment Market Size is Expected to Grow from USD 101.81 Billion in 2023 to USD 203.05 Billion by 2033, at a CAGR of 7.15% 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 Manufacturing Equipment Market Size, Share, and COVID-19 Impact Analysis, By Equipment Type (Front-End Equipment and Back-End Equipment), By Dimension (2D, 2.5D, and 3D), By Application (Semiconductor Fabrication Plant/Foundry, Semiconductor Electronics Manufacturing, and Test Home), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.      

Semiconductor manufacturing equipment refers to the tools and processes that are used to create microchips and other electronic components. AI and Gen AI are poised to significantly transform the semiconductor manufacturing equipment market as more sophisticated capabilities, such as improved design and simulation procedures, are being made possible by the integration of AI with semiconductor production equipment, leading to more inventive and accurate device designs. The growing advancements in packaging technologies and government support for domestic semiconductor fabrication facilities are majorly responsible for driving the market expansion. Further, the inclination towards electric vehicles and the development of semiconductor centers via government initiatives are creating lucrative market growth opportunities for semiconductor manufacturing. The expanding semiconductor fabrication facilities and their demand in consumer electronics, automotive, artificial intelligence, and 5G technologies are significantly contributing to market growth. On the contrary, the complexity of manufacturing processes including the requirement of clean rooms and clean equipment is challenging the market.

The front-end equipment segment is expected to grow at the fastest CAGR during the forecast period.

Based on the equipment type, the global semiconductor manufacturing equipment market is divided into front-end equipment and back-end equipment. Among these, the front-end equipment segment is expected to grow at the fastest CAGR during the forecast period. The growing demand for consumer electronics devices and the proliferation of AI, IoT, and connected devices across industry verticals are driving the market.

The 3D segment is anticipated to hold the largest market share and register the fastest CAGR growth during the predicted timeframe.

Based on the dimension, the global semiconductor manufacturing equipment market is divided into 2D, 2.5D, and 3D. Among these, the 3D segment is anticipated to hold the largest market share and register the fastest CAGR growth during the predicted timeframe. The capacity to create intricate geometries that are impossible to accomplish with conventional techniques provides more design freedom and creativity, which is especially advantageous in high-precision sectors like healthcare and aerospace.

The semiconductor fabrication plant/foundry segment is dominating the global semiconductor manufacturing equipment market during the forecast period.

Based on the application, the global semiconductor manufacturing equipment market is divided into semiconductor fabrication plant/foundry, semiconductor electronics manufacturing, and test home. Among these, the semiconductor fabrication plant/foundry segment is dominating the global semiconductor manufacturing equipment market during the forecast period. The robust demand for advanced semiconductor technologies and high investments in new semiconductor fabrication equipment are responsible for driving the market growth.

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

Asia Pacific is projected to hold the largest share of the global semiconductor manufacturing equipment market over the forecast period. Some emerging countries like Taiwan, South Korea, and China are the semiconductor industry's manufacturing hubs as these countries benefit from established foundries including TSMC, Samsung Foundry, and SMIC. The growing need for semiconductor devices from the electronics and automotive industries is anticipated to drive the market demand.

North America is predicted to grow at the fastest CAGR in the semiconductor manufacturing equipment market over the forecast period. The growing demand for semiconductor solutions in applications like autonomous vehicles, 5G infrastructure, and data centers is propelling the semiconductor manufacturing equipment market. Further, technological advancements and the adoption of artificial intelligence as well as IoT and 5G networks are promoting the market.

Company Profiling

Major key players in the semiconductor manufacturing equipment market include Applied Materials Inc., Tokyo Electron Limited, Lam Research Corporation, ASML, Dainippon Screen Group, KLA Corporation, Hitachi High-Technologies Corporation, ASM International, 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 2023, SCREEN PE Solutions Co., Ltd. (SCREEN PE) finalized the development of its Ledia 7F-L Direct Imaging System. SCREEN PE has created a new model to support high-precision pattern formation on large-size substrates and metal masks as they see growing demand for, particularly, telecommunications and IoT infrastructure applications.

• In February 2023, Applied Materials, Inc. introduced a new eBeam metrology system specifically designed to precisely measure the critical dimensions of semiconductor device features patterned with EUV and emerging High-NA EUV lithography.

• In January 2023, Leading semiconductor test equipment supplier Advantest Corporation announced that it entered into an agreement to acquire Taiwan-based Shin Puu Technology Co., Ltd. ("Shin Puu”).

• In December 2022, Tokyo Electron announced the launch of the CELLESTA MS2, a system for surface preparation and wafer cleaning. The CELLESTA series of surface preparation systems have been widely adopted by semiconductor manufacturers in single wafer cleaning processes. The newly released CELLESTA MS2 incorporates a physical cleaning function featuring dual-fluid spray technology and brushes.

Market Segment

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

Global Semiconductor Manufacturing Equipment Market, By Equipment Type

• Front-End Equipment
• Back-End Equipment

Global Semiconductor Manufacturing Equipment Market, By Dimension

• 2D
• 2.5D
• 3D

Global Semiconductor Manufacturing Equipment Market, By Application

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

Global Semiconductor Manufacturing 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 Middle East & Africa