Global Semiconductor Production Equipment Market to reach USD 114.1 billion by 2027.Global Semiconductor Production Equipment Market is valued approximately USD 62.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.0% over the forecast period 2021-2027. Semiconductor manufacturing equipment is used to make circuits, memory chips, and other semiconductor products. Semiconductors are materials having free electrons in their structures, which allow electricity to flow more freely between atoms. In the early phases of the semiconductor manufacturing process, wafer fabrication equipment is utilized, whereas testing and assembly equipment is used afterwards. The increasing demand for electric and hybrid vehicles, the growing consumer electronics market and increasing number of foundries due to COVID-19, the trend of miniaturization and technology migration, and high demand for chips to provide computation power and connectivity for AI apps are all key factors driving the growth of this market. The rising use of electric and hybrid automobiles, as well as the worldwide trend toward vehicle electrification, will create market opportunities for semiconductor manufacturing equipment vendors. According to the International Energy Agency (IEA), electric cars accounted for 2.6 percent of worldwide auto sales in 2019 and roughly 1% of global automobile stock, with a 40 percent annual growth rate expected. As a result, demand for microcontrollers, high-power modules, discrete components, and other power semiconductors will increase, propelling market growth. Furthermore, in manufacturing process complexity of patterns and functional defects hindering the market in forecasting period of time. Whereas, in China, expansion of chip industry create opportunity for semiconductor manufacturing equipment market.


The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Semiconductor Production Equipment market. The semiconductor manufacturing equipment market in Asia is driven by the growth of semiconductor devices in Asian economies such as China, Japan, South Korea, and Taiwan. The consumer electronics industry is centred on APAC, which is supplied by numerous fabrication factories in the region. China, Japan, South Korea, and Taiwan have the most fabrication factories in the world. Favorable economic circumstances and low labour costs in APAC are the primary drivers of this market's substantial share. The area is one of the world's major markets for electric and autonomous cars, as well as a hotbed of consumer electronics demand in recent years.

Major market player included in this report are:
Alsil Material
Applied Materials Inc.
ASML Holdings N.V.
Intel Corporation
Micron Technology Inc.
Qualcomm Technologies, Inc.
Samsung Group
Screen Holdings Co., Ltd.
Teradyne Inc.
Tokyo Electron Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Front end equipment
Back end equipment
By Function:
Integrated
OSD
By Dimension:
2D
2.5D
3D
By Supply Chain Process:
IDM
OSAT
Foundry
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Semiconductor Production Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors