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Latest Worldwide Semiconductor Manufacturing News
Feb 25, 2022
News provided by Share this article Share this article The global semiconductor manufacturing equipment market reached a value of US$ 81.14 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 145.32 Billion by 2027, exhibiting a CAGR of 10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. Semiconductor manufacturing equipment refers to the processing machinery used to produce a variety of electronic and integrated circuits (ICs). Front-end and back-end are two of the most commonly used semiconductor manufacturing equipment. Front-end includes silicon-wafer fabrication, photolithography, deposition, etching, ion implantation and mechanical polishing machines, and back-end includes the machinery for assembly, packaging and testing of integrated circuits. These machines offer various benefits, such as streamlined production, improved yield and reliability, minimal design and manufacturing errors and enhanced workplace safety. As a result, they find extensive applications in the manufacturing of products for various industries such as automotive, electronics, robotics, etc. Global Semiconductor Manufacturing Equipment Market Drivers: Significant growth in the electronics industry across the globe represents one of the key factors creating a positive outlook for the market. Semiconductors are widely used in the manufacturing of consumer electronics, such as smartphones, tablets and laptops. Furthermore, the increasing demand for hybrid and electronic vehicles (H/EVs) is also contributing to the growth of the market. Semiconductor manufacturing equipment is used for the assembly of multiple semiconductors on a single chip to minimize electronic interference, dissipate heat and provide enhanced protection to the electronic devices in the vehicle. Various technological advancements, such as the utilization of artificial intelligence (AI) solutions and the integration of connected devices with the Internet of Things (IoT), are acting as other growth-inducing factors. Electronics manufacturers are using IoT-enabled silicon-based sensors in the manufacturing equipment that offer remote monitoring capabilities for complex circuit boards. Other factors, including the emerging trend of device miniaturization, along with extensive research and development (R&D) activities, are anticipated to drive the market further. Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being Advantest Corporation, Applied Materials Inc., ASML Holdings N.V., KLA Corporation, Lam Research Corporation, Onto Innovation Inc., Plasma-Therm LLC, SCREEN Holdings Co. Ltd., Teradyne Inc., Tokyo Electron Limited and Toshiba Corporation. Key Questions Answered in this Report: How has the global semiconductor manufacturing equipment market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global semiconductor manufacturing equipment market? What are the key regional markets? What is the breakup of the market based on the equipment type? What is the breakup of the market based on the front-end equipment? What is the breakup of the market based on the back-end equipment? What is the breakup of the market based on the fab facility? What is the breakup of the market based on the product type? What is the breakup of the market based on the dimension? What is the breakup of the market based on the supply chain participants? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global semiconductor manufacturing equipment market and who are the key players? What is the degree of competition in the industry? Key Topics Covered:
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