Semiconductor Equipment Market to record USD 42.88 Bn incremental growth; APAC to occupy 91% market share — Technavio – QNT Press Release

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NEW YORK, Oct. 11, 2022 /PRNewswire/ — The semiconductor equipment market is set to grow by USD 42.88 billion between 2021 and 2026, accelerating at a CAGR of 8% during the forecast period. The report identifies APAC as the key market for semiconductor equipment. The high concentration of foundries, wafer manufacturers, semiconductor memory device manufacturers, and IDMs are creating significant growth Opportunities for vendors operating in the region. Get to know about the growth opportunities across other regions by purchasing our full report. Start by Downloading PDF Report Sample

The global equipment market is fragmented and competitive, with the vendors competing to gain larger market shares. The market has a significant potential for growth because of the increase in applications in devices across several sectors. Rapid advances in technology, intense competition, and the semiconductor industry changing dynamics of the market are the key factors for the intense competition among vendors. To capture the semiconductor market, both foundries and OSATs are trying to adopt new technologies, thereby creating the demand for advanced equipment. The changes in the market landscape of OSATs and foundries will lead to changes in the semiconductor equipment market.

The report identifies Advanced Dicing Technologies, Advantest Corp., Applied Materials Inc., ASM International NV, ASML Holding NV, Daifuku Co. Ltd., EV Group, Evatec AG, Hitachi Ltd., KLA Corp., Lam Research Corp., Modutek Corp., Nikon Corp., Nordson Corp., Nova Measuring Instruments Ltd., Onto Innovation Inc., Screen Holdings Co. Ltd., Teradyne Inc., Tokyo Electron Ltd., and Veeco Instruments Inc. as major market participants.

The market will be driven by growing investments in fabrication facilities, the proliferation of IoT, and the growing number of OSAT vendors in APAC. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. The report also covers the following areas:

• Semiconductor Equipment Market Size
• Semiconductor Equipment Market Trends
• Semiconductor Equipment Market Industry Analysis

Semiconductor Equipment Market 2022-2026: Segmentation

• End-user
• OSAT
• IDMs
• Foundries

The market growth in the OSAT segment will be significant over the forecast period. The segment is driven by the overall growth of the semiconductor industry, the rising costs of packaging and testing equipment, and the development of new technologies.

• Geography
• APAC
• North America
• Europe
• South America
• Middle East and Africa

91% of the market growth will come from APAC during the forecast period. The emergence of APAC as the manufacturing hub for optoelectronics, power electronics, and logic and memory device manufacturers is driving the growth of the regional market.

Download the Sample Report Now to identify major segments and regions in the market.

Semiconductor Equipment Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist semiconductor equipment market growth during the next five years
• Estimation of the semiconductor equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the semiconductor equipment market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of semiconductor equipment market vendors

Related Reports:

• Semiconductor Market in East Asia by End-user and Geography – Forecast and Analysis 2022-2026
• Semiconductor Capital Spending Market in US by Type – Forecast and Analysis 2021-2025

Full story available on Benzinga.com

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