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Market ScenarioThe 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.
Segmentation
The global semiconductor production market has been segmented based on type, products, and dimension. By type, the market has been segmented into front-end equipment, backend equipment, and others. By products, the market has been segmented into dicing machine, wafer manufacturers, sliced wafer demounting, cleaning machine, wafer edge grinding machine, polish grinders, probing machines, and others. By dimension, the market has been segmented into 2D, 2.5D, 3D, and others.
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.
Regional Analysis
The global semiconductor production equipment market spans across the regions of North America, Europe, Asia Pacific, and the Rest of the World. North America is the largest market for semiconductor production equipment followed by Europe. Asia Pacific is an emerging market semiconductor production equipment and is led by the economies of China, India, and Japan.
Industry Updates
• In September 2018, Intel announced that it would be pushing the production of the 14nm chip to Taiwan Semiconductor Manufacturing Company (TSMC) since it is unable to keep up with the demand. Intel intends to outsource the production of its entry-level H310 and other 300 series desktop processors to TSMC so that it can concentrate on its high-margin products.
• In August 2018, Micron Technology, Inc., announced an investment of USD 3 Billion in its semiconductor manufacturing plant in Manassas, Virginia. The investment will not only support Micron's leadership in the rapidly growing market but will also help in the creation of 1,100 jobs by the end of 2023.
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Intended Audience
• 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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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 526288