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Semiconductor Manufacturing Equipment Market Worth $103.5 Billion by 2025 - Exclusive Report by MarketsandMarkets™

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News provided by

MarketsandMarkets

Dec 19, 2019, 08:30 ET

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CHICAGO, Dec. 19, 2019 /PRNewswire/ -- According to the new market research report "Semiconductor Manufacturing Equipment Market by Front-end Equipment (Lithography, Wafer Surface Conditioning, Deposition), Back-end Equipment, Fab Facility Equipment, Product Type, Dimension, Supply Chain Participant, Region - Global Forecast to 2025", published by MarketsandMarkets™, the Semiconductor Manufacturing Equipment Market is projected to grow from USD 66.1 billion in 2020 to USD 103.5 billion by 2025; it is expected to grow at a CAGR of 9.4% from 2020 to 2025. Key factors fueling the growth of this market are the growing consumer electronics market, an increase in the number of foundries, and the trend of miniaturization and technology migration.

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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=263678841

"IDM firms accounted for largest share of semiconductor manufacturing equipment market in 2019"

In 2019, IDM firms captured the largest share of the semiconductor manufacturing equipment market. Most of the IDM players such as Samsung (South Korea), Texas Instruments (US), Song (Japan), and STMicroelectronics (Switzerland) are tire 1 companies and have a significant presence across the world, with a vast customer base. These companies are investing heavily in their R&D activities to develop technologically advanced, energy-efficient, and miniaturized products, such as RFID circuits, smart ICs, ultra-low-power microcontrollers, sensors for consumer electronics, automotive, and industrial applications. IDMs use semiconductor manufacturing equipment for fabrication, testing, assembly, and another process of complicated semiconductor equipment with high accuracy, driving the growth of the market. Also, the dominance of IMDs is expected to remain constant in the near future due to the increasing number of semiconductor fabrication plants all over the world.

"Market for memory is projected to grow at highest CAGR during forecast period"

Among product type, the market for memory is projected to grow at the highest CAGR from 2020 to 2025. New technologies in memory, such as MRAM, ZRAM, PCRAM, and RRAM, are expected to replace most of the traditional technologies. This shift in the memory market has demanded the change in dynamics of manufacturing equipment, enforcing semiconductor manufacturing equipment providers to develop more efficient designs for the device manufacturers.

"APAC is expected to hold largest share of semiconductor manufacturing equipment market in 2025"

APAC is expected to hold the largest share of the semiconductor manufacturing equipment market in 2025. The commanding position of APAC is due to the presence of a large number of OSAT companies in the region. More than 60% of OSAT players present across the world have their headquarters in the APAC region. These OSAT companies use semiconductor manufacturing equipment in the semiconductor fabrication process. Taiwan and South Korea contribute to a large number of semiconductor foundries, showcasing greater demand for equipment. The Chinese market is showing impressive growth owing to the cheap labor cost in the country. These factors help the semiconductor manufacturing equipment market to grow in the APAC region.

Browse in-depth TOC on "Semiconductor Manufacturing Equipment Market"

106 – Tables

68 – Figures

213 – Pages

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https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=263678841

Tokyo Electron (Japan), LAM Research (US), ASML (Netherlands), Applied Materials (US), KLA-Tencor (US), Screen Holdings (Japan), Teradyne (US), Advantest Corporation (Japan), Hitachi High-Technologies (Japan), and Plasma-Therm (US) are the key players in the semiconductor manufacturing equipment market. These players are increasingly undertaking strategies such as product launches, expansions, agreements, partnerships, collaborations, and acquisitions to increase their market share.

Please Explore Relevant Reports:

System in Package Market by Packaging Technology (2D IC, 2.5D IC, 3D IC), Package Type (BGA, SOP), Packaging Method (Flip Chip, Wire Bond), Device (RF Front-End, RF Amplifier), Application (Consumer Electronics, Communications) - Global Forecast to 2023 

Die Bonder Equipment Market by Type (Semiautomatic Die Bonder, Fully Automatic Die Bonder), Bonding Technique, Supply Chain Participant (IDM Firms, OSAT Companies), Device, Application (Consumer Electronics), and Region - Global Forecast to 2024

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/semiconductor-manufacturing-equipment-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source : https://www.marketsandmarkets.com/PressReleases/semiconductor-manufacturing-equipment.asp

SOURCE MarketsandMarkets

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