The global market for semiconductor machinery manufacturing is expected to grow from $121.5 billion in 2024 and is projected to reach $223.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.0% during the forecast period of 2024 to 2029.
The global market for semiconductor machinery manufacturing for logic IC applications is expected to grow from $42.9 billion in 2024 and is projected to reach $82.3 billion by the end of 2029, at a CAGR of 13.9% during the forecast period of 2024 to 2029.
The global market for semiconductor machinery manufacturing for memory IC applications is expected to grow from $28.3 billion in 2024 and is projected to reach $56.9 billion by the end of 2029, at a CAGR of 15.0% during the forecast period of 2024 to 2029.
Report Scope
This report provides an overview of the global market for semiconductor machinery manufacturing and an analysis of market trends, updating the previous version of the report, which came out in 2018. Using 2023 as the base year, the report provides estimated market data for the forecast period 2024 through 2029. Revenue forecasts are segmented by equipment type, application and geographic region. In this report, the global market consists of four regions: North America, Europe, Asia-Pacific and the Rest of the World (RoW). The report covers emerging technologies and the current competitive landscape, and concludes with profiles of the major players in the market.
Note: ICs, which come in dimensions such as 2D, 2.5D and 3D, are built on semiconductor machinery; however, the scope of this report does not include a market breakdown by IC dimension, as some equipment is exclusive to either 2D or 3D IC production and some are not. Primary interviews with industry experts confirmed the possibility of overlap in equipment used for each IC dimension.
Report Includes
29 data tables and 54 additional tables
An overview of the global market for semiconductor machinery manufacturing
Analysis of global market trends, featuring revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2026, 2029 and projected CAGRs through 2029
Evaluation of the current market size and revenue growth prospects, along with a market share analysis by equipment type, application, and region
Coverage of the history and development of semiconductor machinery, a life cycle assessment, and the value chain processes for semiconductor machinery manufacturing
An assessment of market dynamics and factors and recent innovations affecting the market
Identification of the market segments with the highest growth potential
Discussion of the major manufacturers in each region
Profiles of leading market participants, including ASML Holding N.V., Applied Materials, Inc., Lam Research Corp., Tokyo Electron Ltd., and KLA Corp.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Current Market Scenario
Macro-economic Factors
Ongoing Ukraine-Russia War
Water Shortage in Taiwan
Shifting Regulations and Global Investments
Impact of the U.S.-China Trade War
Porter's Five Forces Model
Chapter 3 Market Dynamics
Overview
Market Drivers
Spending on Fabrication Equipment
Electrification of Vehicles and Industrial Equipment
Proliferation of AI, IoT, 5G and AR/VR
Market Restraints
Complexity and High Costs of Semiconductor Fabrication
Complexity and Reduced Yields of Semiconductor Manufacturing
Market Opportunities
Evolution of Chip Packaging
Growing Government Efforts to Boost Semiconductor Manufacturing
Chapter 4 Emerging Technologies and Developments
Emerging Technologies and Trends
Technological Advances and New Products
Green and Sustainable Chemical Vapor Deposition (CVD)
More Complex Designs and Advanced Manufacturing Techniques
AI and Machine Learning in Semiconductor Manufacturing
Patent Analysis
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Market Breakdown by Equipment Type
Wafer Fabrication Equipment
Test Equipment
Assembly and Packaging
Market Breakdown by Application
Logic
Memory
Other Applications
Geographic Breakdown
Market Breakdown by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 6 Competitive Intelligence
Overview
Market Rankings
Strategic Analysis
Chapter 7 Sustainability in the Semiconductor Machinery Manufacturing Industry: An ESG Perspective