According to a new report, published by KBV research, The Global Semiconductor Production Equipment Market size is expected to reach $153.8 billion by 2028, rising at a market growth of 9.2% CAGR during the forecast period.
The 3-Dimension market is experiencing a CAGR of 9.4% during the forecast period. Chip performance and energy economy have become key factors with the growth of the IoT, AI, cloud computing, and quantum computing. The small size of these 3D-ICs is very advantageous in miniaturized devices like cell phones and IoT applications.
The OSD market is estimated to grow at a CAGR of 10.9% during (2022 - 2028). The OSD is the acronym for optoelectronic-sensors-discrete. Discrete (D) for diode and transistor, various sensors and actuators (S) for temperature, pressure, and magnetic field, and optoelectronic (O) for LED. The rising demand for MEMS-based sensors/actuators, CMOS image sensors, laser transmission devices, microphone chips, high-brightness LEDs, and fingerprint sensors greatly accelerates the segment's growth.
The IDM market acquired maximum revenue share in the Global Semiconductor Production Equipment Market by Supply Chain Process 2021, achieving a market value of $90 billion by 2028. An Integrated Device Manufacturer (IDM) oversees each step of the production and sales processes in the semiconductor industry. An IDM is a sizable semiconductor business with the resources to handle every aspect of product development. IDMs help reduce costs, maintain the optimum operation of manufacturing plants, and aid in the development of market strategies. These benefits of IDMs are attributed to the growth of the segment.
The Back-end Equipment market is poised to grow at a CAGR of 12.1% during (2022 - 2028). The primary factor propelling the growth of the back-end equipment industry is the implementation of strict government rules. The introduction of fresh and cutting-edge products is also accelerating the segment's growth.
The Asia Pacific market dominated the Global Semiconductor Production Equipment Market by Region 2021, achieving a market value of $62.3 billion by 2028. The Europe market would witness a CAGR of 9% during (2022 - 2028). Additionally, The North America market would experience a CAGR of 8.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/semiconductor-production-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Alsil Material, ASML Holdings N.V., SCREEN Holdings Co., Ltd., Teradyne, Inc., Applied Materials, Inc., Veeco Instruments, Inc., KLA Corporation, Nikon Corporation, Carl Zeiss AG, and Lam Research Corporation.
By Dimension
By Supply Chain Process
By Product Type
By Function
By Geography
Companies Profiled