Global Semiconductor Production Equipment Market - Overview
The Semiconductor Production Equipment Market is growing rapidly. The
market increase attributes to rapid industrialization and economic growth
worldwide. Besides, vast technological advances in telemetry solutions and
semiconductor products drive the development of the market. The information and communications industries
have a massive demand for semiconductor production equipment. These equipment
offer higher performance chips delivered from equipment suppliers.
Moreover, rising usages of chips in plug-in electric
vehicles, smart meters, solar panels, wind turbines, and sensors, escalate
market growth. According to Market Research Future (MRFR), the global
semiconductor production equipment market is expected to reach approximately
USD 63 BN by 2023, growing at 7% CAGR during the forecast period (2017-2023).
The proliferation of additive manufacturing (AM) or additive layer
manufacturing method, 3D printing, and computer-controlled processes boost the
market growth.
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Semiconductor products have transformed the process
of generation, distribution, and consumption of energy. Additive manufacturing
allows the transformation of the supply chain from production of parts
manufactured by subtractive methods, to higher performance, innovative designs
that enable agile supply chains to adopt Industry 4.0 principles. Additionally,
increasing investments to develop new metal alloys designs and technologies
Increasing uptake of GaAs technology in Field Effect
Transistors (FET) and integrated circuits (ICs) for high velocity and high
electric field applications pushes the growth of the market. On the other hand,
the high manufacturing cost of semiconductor production equipment is a
significant factor projected to impede market growth. Nevertheless, growing
usages of semiconductor equipment in power amplifiers for transmitting
high-speed signals, ultra-high radio frequency, and fast electronic switching
applications would support the market growth throughout the forecast period.
Semiconductor Production Equipment Market
– Segments
The report is segmented into four dynamics;
By Equipment Type :
Front-End Equipment, Backend Equipment, and others.
By Products
: Dicing Machine, Probing
Machines, Sliced Wafer Demounting, Cleaning Machine, Wafer Edge Grinding
Machine, Polish Grinders, and others.
By Dimension :
2D, 5D, 3D, and others.
By Regions : North America, Europe, APAC and the
Rest-of-the-World.
Global Semiconductor Production Equipment
Market – Regional Analysis
North America dominates the global semiconductor
production equipment market. The market growth attributes to the due to the
presence of notable industry players producing the chips and technological
advances required to manufacture semiconductor products. Besides, the
proliferation of semiconductor production equipment in the region drives the
growth of the market.
Moreover, the rising usages of photovoltaic,
optoelectronic, and wireless communication devices boost the demand in the
semiconductor manufacturing equipment market. The North American semiconductor
production equipment market is projected to retain its dominance throughout the
estimated period.
Europe is another lucrative market for semiconductor
production equipment. The market growth is driven by the spurring growth in the
solar cells, automotive, electronics, and aerospace & defense sectors.
Additionally, the need for a safe, reliable, and clean energy source in various
countries influences the regional market's growth, driving the solar cell
industry. Germany and the UK are well-established semiconductor production
equipment markets in the region. The European semiconductor production equipment
market is expected to witness rapid growth in the upcoming period.
The semiconductor production equipment market in the
Asia Pacific demonstrates steady growth. Factors such as the rising numbers of
smartphone users and the increasing demand for technological advances in
gadgets such as computers, laptops, and smartphones foster regional market
growth. Besides, the proliferating electronics sector in the region creates
substantial market demand. Moreover, rising government support and funding by
industry players promote the usages of semiconductor production equipment.
China, Japan, South Korea, and India have emerged as
key markets for semiconductor production equipment in the region, growing at an
impressive CAGR. Companies in the APAC take an interest in producing
semiconductor production equipment to meet the changing customer demand.
Cumulatively, these factors drive the growth of the regional market. The APAC
semiconductor production equipment market is expected to demonstrate moderate
growth during the forecast period.
Semiconductor Production Equipment Market
- Competitive Landscape
Highly competitive, the global semiconductor
production equipment market appears fragmented due to the presence of many
players. To gain a larger competitive advantage, players incorporate strategic
initiatives such as mergers & acquisitions, expansion, collaboration, and
product/ technology launch.
These players invest substantially to transform the
consumer and business landscape. Also, industry players make substantial
R&D investments in developing the product and
technology. To widen their reach t customers, they
offer discount offers, such as the end of season sale offerings.
Major Players:
Players leading the semiconductor production
equipment market include Micron Technology Inc. (US), Qualcomm Technologies,
Inc. (US), Intel Corporation (US), AlsilMaterial (US), Applied Materials Inc.
(US), Atecom Technology Co., Ltd (Taiwan), LAM RESEARCH Corporation (US), Tokyo
Electron Limited (Japan), KLA-Tencor Corporation (US), Teradyne Inc. (US),
Screen Holdings Co., Ltd (Japan), Samsung Group (South Korea), and ASML
Holdings NV (Netherlands), among others.
Industry/ Innovation/Related News
August 05, 2020 ---- Lam Research Corporation (the
US), a leading semiconductor product company, announced signing a strategic
agreement with a US-based metal additive manufacturing (AM) solution provider -
VELO3D Inc. (the US) to use metal AM applications for the production of
semiconductor capital equipment.
The joint development agreement includes
collaboration on novel materials and designs in metal additive manufacturing
(AM)/3D printing applications for the semiconductor sector. LAM also plans to
increase the volume of parts produced by AM over the next five years.
Lam Research engages in the design, manufacture,
marketing, and service of semiconductor processing equipment used to fabricate
integrated circuits. It leverages additive manufacturing as a driver of the
innovation that enables its customers to build faster, robust, and more
power-efficient electronic devices for everyday use.
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