Semiconductor Capital Equipment Market Trends, Share, Revenue, Growth Drivers, Challenges, Opportunities and Forecast Research Report 2033: SPER Market Research

Category : Semiconductor and Electronics

Published: Oct-2023

Author: SPER Analyst

TABLE OF CONTENT

RESEARCH METHODOLOGY

Global Semiconductor Capital Equipment Market is projected to be worth USD 248.02 billion by 2033 and is anticipated to surge at a CAGR of 10.61%.

The semiconductor capital equipment business includes producers and distributors of electronic gadgets. The front end process includes silicon wafer fabrication techniques like photolithography, deposition, ion implantation, cleaning, etching, back grinding, and mechanical and chemical polishing. Consequently, it encompasses the whole process of manufacturing and testing semiconductor apparatus. The creation and growing use of portable digital devices, such as smart wearables, tablets, smartphones, and display panels, has an impact on the semiconductor capital equipment business.

Global Semiconductor Capital Equipment Market Driving Factors and Challenges

Drivers: The use of IoT in digital electronics, the development of portable, smart devices, and the increase in digitalization across numerous industrial verticals are some of the contributing reasons. The growing acceptance of digital electronic devices across multiple verticals, including data handling in data centers, panel displays in manufacturing and process industries, and the rise in use of smart wearables in consumer electronics, has led to an increase in the production of electronic devices that require semiconductor components integrated in a compact architecture. Advanced processing techniques like etching, ion implantation, wafer back grinding, chemical vaporization, and polishing are required to demonstrate expertise in the production of semiconductor components.

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Challenges: However, the fluctuating costs of silicon and copper, which are utilized as raw materials in semiconductor components, are a significant barrier to the growth of the semiconductor capital equipment market. Furthermore, because there are few manufacturers of manufacturing machines and setup, the high initial cost of setup and installation has a negative impact on the market for semiconductor capital equipment. The trade spat between the US and China has also had a negative impact on the semiconductor industry. The construction of smart cities in the future will require the use of smart sensors, smart display panel devices, and other digital electronics, which will quicken the growth of the semiconductor capital equipment sector.

Impact of COVID-19 on Global Semiconductor Capital Equipment Market

There have been significant fluctuations and difficulties in the global market for semiconductor capital equipment because to the COVID-19 pandemic. When the pandemic first began, factory closures, labour shortages, and global supply chain disruptions had an impact on the production and delivery of equipment used in semiconductor fabrication. Many semiconductor manufacturers delayed or cut back on their capital investments due to market concerns. However, the epidemic also increased demand for specific semiconductor products, including as those used in remote work and digital infrastructure, which led to increased expenditure on state-of-the-art manufacturing methods.

Global Semiconductor Capital Equipment Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Advantest, AMEC, EV Group, ASML Holding, Hitachi High-Technologies, Applied Materials, Inc., Concurrent Design, Inc., ACCRETECH â€“ Tokyo Seimitsu.

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Global Semiconductor Capital Equipment Market Segmentation:

By Type: Based on the Mode of Transportation, Global Semiconductor Capital Equipment Market is segmented as; Roadways, Marine, Airways, Railways.

By Application: Based on the Application, Global Semiconductor Capital Equipment Market is segmented as; Wafer Processing, Surface Conditioning, Chemical Mechanical Planarization, Chemical Vapor Deposition, Assembly and Packaging Equipment.

By Industry Vertical: Based on the Industry Vertical, Global Semiconductor Capital Equipment Market is segmented as; Consumer electronics, Healthcare, Automotive, IT & Telecommunication.

By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.