Semiconductor Production Equipment Market 2020 Global Opportunities, Emerging Technologies, Competitive Landscape and Forecast 2023
Research Reports
Jan 05, 2021
Market Research Future published a research report on “Semiconductor Production Equipment Market Research Report – Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Scenario
The latest report furnished by Market Research Future (MRFR) ascertains that the growth picture of the global semiconductor production equipment market is highly optimistic, as it is on its way to attain the valuation of USD 63 Bn by 2023, at a CAGR of 7% during the forecast period (2017-2023).
Growth Factors and Key Barriers
The semiconductors industry has been shifting towards compact, smaller, and more cost-effective products. Ranging from consumer electronics to high end-industrial domains, semiconductors have turned into an established entity that is contributing immensely to the overall GDP. Now, in order to attain this desired output from the semiconductors, the semiconductor production equipment modifies the complexities that arise within the manufacturing integrated circuits as well as other semiconductor components.
The lucrative growth pattern of the Semiconductor Production Equipment Market has been evident in the past couple of years, fueled by the sectors like fabs, consumer electronics, automotive, and Internet of Things (IoT). The electronics devices make use of high-end microprocessors and memory devices. Moreover, the technology that is used in the semiconductor production equipment is evolving rapidly owing to the surging demand for higher performing consumer products. Subsequently, a substantial shift toward wireless semiconductors has been noted in recent times, which has enabled the manufacturers of semiconductor production equipment to enhance the efficiency along with various technology aspects, assisting the midstream vendors like semiconductor and electronics manufacturers. For instance, Flex dielectric etch systems developed by Lam Research Corp. (US) were added with ALE capability wherein the atomic layer etching (ALE) portfolio was extended. This technology aided the manufacture of high-volume logic devices, solving the critical issues that arise in scaling logic devices to 10nm and below it.
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But with the growing focus on continuous innovation due to fierce competition, rising R&D costs are increasing the stakes for the semiconductor production equipment market. This can hamper the ongoing lucrative growth trajectory to some level in the coming years. However, the semiconductor production equipment market will be presented with numerous growth opportunities in the form of redefined digital supply chain, as every sector around the world is now lurching towards a digital supply chain network, with the semiconductor industry also starting to engage in the digital supply chain network.
Key Players
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.
Market Segmentation
The market for semiconductor production equipment is segmented on the basis of type, products, and dimension.
The market, type-wise, is segmented into front-end equipment, backend equipment, and others.
Depending on the products, the market is considered for dicing machine, wafer manufacturers, sliced wafer demounting, cleaning machine, wafer edge grinding machine, polish grinders, probing machines, and others.
Dimension-based segments in the global market are 2D, 2.5D, 3D, and others.
Regional Outlook
The global semiconductor production equipment market is spread across the key regions of Europe, Asia Pacific, North America and the Rest of the World (RoW).
North America has grabbed the lion’s share of the global semiconductor production equipment market, with Europe just behind. The unprecedent growth trajectory of the regional market is owing to the massive investments made by the players in advanced analytics to improve the performance in manufacturing, research and development (R&D), and sales. These regional and international players are also focusing on Industry 4.0, particularly the front-end fabs. In addition, the semiconductor companies in the region are focusing on engaging in software ventures to maintain their position in the market in terms of end service.
Asia Pacific is another emerging market for semiconductor production equipment, governed by the leading countries like India, China, and Japan. The region will be noting relentless expansion in the coming years, on account of the increasing adoption of new raw materials like silicene, black phosphorous, germanene, and graphene. Another factor offering abundant opportunities to the regional market in Asia Pacific comes in the form of Kerfless wafer producers that are being increasingly used instead of the traditional wafers which are currently facing a shortage.
The prominent trending factors turning the Europe market into a profitable venture include the shift toward new raw materials, surging adoption of advanced analytics, supply chain partnerships that mutually benefit everyone involved in the process as well as the expanding industry 4.0 scenario and so on.
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