Global Semiconductor Manufacturing Equipment Market was valued at USD 95.3 Billion in 2021 and is projected to reach USD 175.0 Billion by 2027; expected to register a CAGR of 8.5%

during the forecast period. Growing demand for semiconductor manufacturing facilities, growing semiconductor industry, growing demand for semiconductor parts in electric and hybrid vehicles, and growing demand for AI chips driven by future loads work and AI-driven applications are the key factors driving the growth of the semiconductor manufacturing equipment market.

New York, 10 Feb. 2022, (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Semiconductor Manufacturing Equipment Market with COVID-19 Impact Analysis by Front End Equipment, Main Equipment, Manufacturing Plant Equipment, Product Type, dimension, supply chain participant, region – Global forecast to 2027” – https://www.reportlinker.com/p04954768/?utm_source=GNW

The lithography equipment segment will hold the highest share of the semiconductor manufacturing equipment market in 2022.
The lithography equipment market is expected to hold the largest share owing to the growing global demand for semiconductor devices. Rising demand for semiconductor chips across various end-use industries is leading to increased adoption of photolithography equipment, which, in turn, is propelling the growth of lithography segment.

The above platelet testing segment market is expected to grow at the highest CAGR during the forecast period.
The platelet testing segment is expected to grow at the highest CAGR during the forecast period. The growth is attributed to the need for high precision integrated circuits.

Modern integrated circuits must integrate multiple functions, and complex circuits require appropriate test equipment to achieve accuracy.

Chemical Control Equipment Segment to Dominate Semiconductor Manufacturing Equipment Market in 2022
The chemical control equipment segment is expected to grow at the highest CAGR during the forecast period. Contamination control by chemical control equipment has a significant impact on equipment yield and efficiency, as such equipment provides repeated and reliable delivery of pure chemicals during semiconductor manufacturing processes.

The memory segment will hold the highest share of the semiconductor manufacturing equipment market in 2022.
The memory segment is expected to hold the largest share of the semiconductor manufacturing equipment market. Increased use of memory ICs is predicted in the automotive sector due to the growing trend of electric vehicles and autonomous vehicles

The semiconductor fabrication equipment market with 3D integrated circuits segment is expected to grow at the highest CAGR during the forecast period.
The semiconductor fabrication equipment market for 3D IC fabrication is expected to grow at the highest CAGR over the forecast period. With the increasing demand for enhanced functionality and miniaturization of portable devices such as cell phones, personal digital assistants (PDAs), digital cameras and laptops, manufacturers and IDMs are expected to prefer 3D ICs.

IDM companies held the largest share of the semiconductor manufacturing equipment market, and this trend is expected to continue during the forecast period.
The IDM enterprise segment market is expected to grow at the highest CAGR over the forecast period. The segment also held the largest share in the semiconductor manufacturing equipment market, as most of the companies are Tier 1 companies with substantial R&D expenditures, large customer base and significant global presence.

Based on region, APAC held the largest share in 2021 and is expected to account for the highest CAGR of the semiconductor manufacturing equipment market by 2027
In 2021, the semiconductor manufacturing equipment market in APAC held the largest share and by 2027, it is expected to grow at the highest CAGR during the forecast period. The market is driven by continued developments in the semiconductor industry, expansion activities by market players in the region, and financial support for the semiconductor industry by Asian governments.

The region also has several semiconductor manufacturing equipment companies such as Tokyo Electron Limited, SCREEN Holdings Co., Ltd., Advantest, Hitachi High-Tech Corporation, Nikon Corporation, Daifuku Co. Ltd., etc.

In-depth interviews were conducted with CEOs, marketing executives and other executives from various key organizations operating in the semiconductor manufacturing equipment market.
• By type of business: level 1: 25%, level 2: 35% and level 3: 40%
• By designation: C-level executives – 35%, managers – 25% and others – 40%
• By region: North America – 29%, Europe – 46% and APAC – 25%

Tokyo Electron Limited (Japan), Lam Research Corporation (USA), ASML (Netherlands), Applied Materials, Inc. (USA), KLA Corporation (USA), SCREEN Holdings Co., Ltd. (Japan), Teradyne USA), Advantest (Japan), Hitachi High-Tech Corporation (Japan), Plasma-Therm (USA), are some of the major players in the semiconductor manufacturing equipment market .

The study includes an in-depth competitive analysis of these key Semiconductor Manufacturing Equipment market players, along with their company profiles, recent developments, and key market strategies.

Research coverage
The report defines, describes and forecasts the Semiconductor Manufacturing Equipment market based on front-end equipment, main equipment, manufacturing equipment, product type, dimension, supply chain participant, and of the region. It provides detailed information on factors such as drivers. , restraints, opportunities, and challenges influencing the growth of the Semiconductor Manufacturing Equipment Market.

It also analyzes the product launches, expansions, partnerships, collaborations, contracts, mergers and acquisitions, made by the major players to expand in the market.

Key Benefits of Purchasing the Report
This report will assist market leaders/new entrants in this industry with information on the closest approximations of revenue figures for the overall Semiconductor Manufacturing Equipment market and sub-segments. The report will help stakeholders understand the competitive landscape and acquire more information to better position their businesses and plan appropriate go-to-market strategies.

The report will also help stakeholders understand the pulse of the market and provide them with insights into key market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p04954768/?utm_source=GNW

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