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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, semiconductor 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 semiconductor 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 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 2022-2026: Segmentation

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.

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.

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Semiconductor Equipment Market 2022-2026: Key Highlights

Accelerate at a CAGR of 8%

APAC, North America, Europe, South America, and Middle East and Africa

US, China, Taiwan, South Korea, and Japan

Leading companies, competitive strategies, consumer engagement scope

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.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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