Semiconductors are crucial in many applications and are being constantly developed, which means there is often adjustments and suitable equipment required to product compact, efficient and affordable chips for use in various industry verticals. The global semiconductor production market is set to value an estimated USD 63 Bn by 2023 and witness a healthy CAGR of 7% during the forecast period of 2017 to 2023; this projection has been made by Market Research Future in its latest study on the subject. The applications for semiconductors are widely varied including electronics, electric automotive, smart meters, solar panels, wind turbines and others. The massive increase in demand for semiconductors positively affects the proportional growth of the semiconductor production market.
Growth for the market is driven by various sectors. The technology associated with semiconductor production is constantly evolving due to the advancements in semiconductors with the focus on creating a final product which provides high-performance results. The growing concern about the environment has led to the surge in demand for electric automobiles which require specifically designed semiconductors to offer efficient performance. Additionally, automotive semiconductors are experiencing an increasing demand which further contributes to market growth. The advent of IoT, rapid growth of visual technologies and general advancements in consumer technology is a vital driver of growth for the global semiconductor production equipment market.
The intense competition in the market has prompted many players to perform R&D activities which have climbing costs, thus creating a challenge for market growth. However, the opportunities in the market for growth and expansion outweigh the challenges as innovation in the market is crucial to the successful production of current semiconductors for various applications.
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Latest Industry News
LAM Research, was recently counted among S & P 500’s top losses recently. Declining stocks are a result of shipment challenges.
Morris Chang, the founder, and CEO of USD 200 Bn valued Taiwan Semiconductor Manufacturing Company has recently retired.
Entegris, an eminent semiconductor production equipment manufacturer has witnessed increasing stocks since its acquisition of SAES Pure Gas. SAES Pure Gas provides high-capacity purification systems which are commonly used in semiconductor manufacturing.
The prominent players in the global Semiconductor Production Equipment Market are – Qualcomm Technologies, Inc. (US), Micron Technology Inc. (US), Intel Corporation (US), Applied Materials Inc. (US), AlsilMaterial (US), Atecom Technology Co., Ltd (Taiwan), Tokyo Electron Limited (Japan), LAM RESEARCH Corporation (US), KLA-Tencor Corporation (US), Screen Holdings Co., Ltd (Japan), Teradyne Inc. (US), ASML Holdings N.V. (Netherlands), and Samsung Group (South Korea) among others.
The global semiconductor production equipment market has been segmented based on equipment type, products, dimension, and region. By equipment type, the market has been segmented into front-end equipment, back-end equipment, and others.
- By product, the market has been segmented into dicing machine, probing machines, sliced wafer demounting, cleaning machine, wafer edge grinding machines, polish grinders, and others.
- By dimension, the market has been segmented into 2D, 3D, 5D, and others.
- By region, the global market has been divided into North America, Europe, Asia Pacific (APAC) and the Rest of the World (RoW).
North America, followed by Europe are the top leading regions in the global market due to the strong presence of various leading competitors. North America has a booming automotive industry which is witnessing a growing demand for automotive semiconductors thus driving the growth of the semiconductors production equipment market in the region.
Most notably, the Asia-Pacific is an emerging market with steady CAGR during the forecast period. The electronics industry in the region is growing at a strong pace and is expected to prompt high demand for semiconductors and as a result, motivate market growth. Countries such as China, Japan, and India are expected to lead the market in this region, and increasingly companies are manufacturing semiconductor production equipment in the region in order to meet the burgeoning demand.
- Semiconductor production equipment manufacturing companies
- Original equipment manufacturers
- Semiconductor production equipment providers
- Semiconductor Manufacturing Equipment Manufacturers
- Semiconductor Manufacturing Equipment Panel Technologists
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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