In April 2022, Semiconductor Industry Association (S.I.A.) Announced Global Semiconductor Industry Sales were $52.5 Billion in February 2022, an Increase of 26.2% Over the February 2021 Total of $39.6 Billion

The semiconductor industry proliferated following the invention of the transistor. In 1957, it already exceeded the scale of 100 million dollars. In 1959, Kilby of Texas Instruments and Noyce of Fairchild Semiconductor in the U.S. invented the bipolar integrated circuit (I.C.s). This invention had a major impact on semiconductors' history, marking the dawn of the I.C. era. Being small in size and light in weight, the I.C. was widely used in various electric appliances.

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The Global Semiconductor Manufacturing Equipment Market is expected to reach USD 236,005.31 million by 2030 from USD 117,567.50  million in 2022 at a substantial CAGR of 9.5%  in the forecast period of 2023 to 2030. The global semiconductor manufacturing equipment market is growing substantially due to the increased adoption of semiconductor equipment in connected devices and the automobile industry. As the designs of I.C. are becoming more complex, more semiconductor products are being embedded in the creation of I.C. The semiconductor has become integral to the electronic design process, as it helps reduce the cost of I.C. development, increase end-product value, accelerate time-to-market and reduce time-to-volume. It helps companies to fill the design gap of I.C.                 

The growing demand for semiconductors across the world will drive the market's growth rate

In May 2021, Alliance for Automotive Innovation (Auto Innovators) and Semiconductor Industry Association (S.I.A.) to work on a  joint industry workshop on the global chip shortage. Workshop participants included experts and executives from the automotive and semiconductor sectors in which discussion was done, fulfilling the heavy market demand. The semiconductor manufacturing equipment market directly depends on the semiconductor manufacturing industry. From all the development and information mentioned above, it is clear that the growing demand for semiconductors is driving the global semiconductor manufacturing equipment market.

Report Scope and Market Segmentation

Segment Analysis:

The global semiconductor manufacturing equipment market is segmented into five notable segments namely, equipment type, dimensions, product type, supply chain participant, and fab facility equipment.

• On the basis of equipment type, the market is segmented into front-end equipment and back end equipment. In 2023, front end equipment segment is expected to dominate the global semiconductor manufacturing equipment market with 82.95% market share due to the growing demand for semiconductors globally.      
• On the basis of dimensions , the market is segmented into 3D , 2.5D, and 2D. In 2023, 2D is expected to dominate the global semiconductor manufacturing equipment market with 65.72% market share due to three-dimensional manufacturing equipment enabling freedom of design and enhanced manufacturing capabilities in the semiconductor industry. This is expected to drive growth in the segment.
• On the basis of product type source, the market is segmented into memory, foundry, logic, M.P.U., discrete, analog, mems, and others. In 2023, the memory segment is expected to dominate the global semiconductor manufacturing equipment market with 21.76% market share due to its worldwide availability. 
• On the basis of supply chain participant, the market is segmented into integrated device manufacturer (I.D.M.) firms, foundry and outsourced semiconductor assembly and test (OSAT) companies. In 2023, integrated device manufacturer (I.D.M.) firms segment is expected to dominate the global semiconductor manufacturing equipment market with 41.35% market share due to the emergence of many seminconductor manufacturers.

The integrated device manufacturer (I.D.M.) firms segment will dominate the supply chain participant segment of the semiconductor manufacturing equipment market

The integrated device manufacturer (I.D.M.) firms segment will emerge as the dominating segment supply chain participant segment. This is because of the growing demand from the end user industries in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

• On the basis of fab facility equipment, the market is segmented into factory automation, gas control equipment, chemical control equipment, and others. In 2023, the factory automation  segment is expected to dominate the global semiconductor manufacturing equipment market with 40.00% market share due to the growing adoption of IoT across the semiconductor industry.

The factory automation segment will dominate the fab facility equipment segment of the semiconductor manufacturing equipment market

The factory automation segment will emerge as the dominating segment under fab facility equipment. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the semiconductors industry all around the globe will further bolster the growth of this segment.

Major Players         

Data Bridge Market Research recognizes the following companies as the market players in market: ASML (Netherlands), K.L.A. Corporation. (U.S.), Plasma-Therm (U.S.), LAM RESEARCH CORPORATION. (U.S.), Veeco Instruments Inc. (U.S.), Tokyo Electron Limited (Japan), Canon Machinery Inc. (Japan), Nordson Corporation (U.S.), Hitachi High-Tech Corporation (Japan), Advanced Dicing Technologies. (China), Evatec AG. (Switzerland), NOIVION (Italy), Modutek (U.S.), Q.P. Technologies (U.S.), Applied Materials, Inc. (U.S.), SCREEN Holdings Co., Ltd. (Japan), Teradyne Inc. (U.S.), TOKYO SEIMITSU CO., LTD. (Japan), and Palomar Technologies (U.S.).

Market Development

• In September 2022, Onto Innovation. announced its first lot to deliver the Company's Dragonfly G3 system with the new EB40 module to a top three semiconductor manufacturer. This helps the company expand its product portfolio and its offering to the market
• In August 2021, Tokyo Electron Limited announced the launch of Prexa, the next-generation 300mm wafer prober that succeeds the Precio series of 300mm wafer probers. This helped the company to expand its portfolio and provide new offerings to the market
• In September 2022, N.X.P. Semiconductor built its manufacturing facility in India. The step was taken to fulfill the market demand of one of the world's biggest markets. This helps the company to compete with the markets from the U.S., Europe, and Taiwan among others

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in semiconductor manufacturing equipment market during the forecast period 2023 to 2030

As a result of its larger demand than other countries for automotive and factory automation, the Asia-Pacific region is predicted to dominate the global market for semiconductor manufacturing equipment. China is anticipated to lead the Asia-Pacific market due to rising consumer electronics usage.

Europe is estimated to be the fastest-growing region in semiconductor manufacturing equipment market the forecast period 2023 to 2030

As a result of the European Union's (E.U.) participation in the World Trade Organization Information Technology Agreement, Europe is anticipated to grow significantly (WTO ITA). According to one of our top analysts, it would also fuel market expansion in this region: "Numerous institutes and organizations involved in the region's nanoelectronics ecosystem have suggested to invest enormous sums by working with the E.U."

COVID-19 Impact

The COVID-19 epidemic had a detrimental effect on the expansion of the global market for semiconductor fabrication equipment. This is a result of the global shutdown of production facilities and disruption of the supply chain. According to study from the Semiconductor Industry Association published in February, the COVID-19 pandemic may have long-term effects on business outside of China. 2020 revenues for businesses might reflect the effects of less demand. 

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