Semiconductor Manufacturing Equipment Market by Lithography, Wafer Surface Conditioning, Etching, CMP, Deposition, Wafer Cleaning, Assembly & Packaging, Dicing, Bonding, Metrology, Wafer/IC Testing, Logic, Memory, MPU, Discrete - Global Forecast to 2029
The semiconductor manufacturing equipment market is projected to reach USD 155.09 billion by 2029 from USD 109.24 billion in 2024 at a CAGR of 7.3% during the forecast period. The major factors driving the growth of the market are expansion of semiconductor fabrication facilities, surge in automotive semiconductor market, and increasing demand for advanced and efficient chips. Further, advancements in advanced packaging technologies and increasing government support for domestic semiconductor industry are some new growth avenues for market participants. Large-scale expansions within fab centers, the dependence of rising cloud computing and change to electric, connected vehicle configurations make up the semiconductor manufacturing equipment market. All this is backed by much energy-efficient manufacture, advance regarding advanced semiconductor manufacturing facilities, and more pressure from smaller chips. It inspires innovation and scaling of production, resulting in increased usage of semiconductor manufacturing equipment in other industries as well.
“Lithography to register the largest market share in semiconductor manufacturing front-end equipment segment during the forecast period.”
Advances in EUV technology and increasing investment in high-precision equipment for handling the challenges will be key drivers of the lithography segment in the front-end equipment market of semiconductor manufacturing equipment, accounting for a significant share. Lithography is one of the principal semiconductor fabrication processes of patterning intricate circuit patterns at microscopic resolution on silicon wafers. This step places the IC layout onto the surface of the wafer with light or electron beams imitating extremely minute features. Advances in the technology, most specifically in EUV lithography, provide a pathway to fabricate chips that are smaller and more powerful. Companies such as ASML (Netherlands) use EUV lithography, a process employing shorter wavelengths of light to fabricate features down to 5nm.
“Bonding to account for the highest CAGR in back-end equipment segment during the forecast period.”
The bonding segment of the semiconductor manufacturing equipment market is expected to grow the most due to the increasing requirement for the precise semiconductor devices and for the processes of high yield and efficiency of production. Bonding equipment is needed in the formation of electrical interconnections between semiconductor dies and their packages or substrates so that semiconductor devices can function. Some generally used techniques include wire bonding, ball bonding, and solder bump bonding. The right bonding technology will make all the difference in either performance or cost-effectiveness in the semiconductor manufacturing process. Growth in the development of advanced semiconductor packaging technology and demand for cost-effective, high-reliability automotive and consumer-electronics components are driving demand for bonding equipment.
“Asia Pacific to register the fastest growth during the forecast period.”
The highest CAGR is expected to be registered in the Asia Pacific region, which has the highest presence of leading semiconductor manufacturing equipment providers in key countries such as China, Japan, Taiwan, and South Korea, that ascertain dominance in semiconductor production and innovation in this region. The region has advanced production capabilities and a substantial consumer electronics sector. In addition, the growing government initiatives, the relentless advances in technology, and the substantial investments of local and international players. The increasing semiconductor need across consumer electronics, automotive, and telecommunications contribute to increasing growth. The concentration on innovative culture and infrastructure development is also a driving factor in the region's competitive position in the global market. The high growth is attributed to technological advancements in artificial intelligence (Al), Internet of Things (IoT), and 5G. The region is characterized with the robust manufacturing of consumer electronics and high demand for electronic appliances and electric vehicles, which basically calls for a huge need for a reliable as well as performance semiconductor manufacturing equipment.
The break-up of the profile of primary participants in the semiconductor manufacturing equipment market-
Research Coverage
The report segments the semiconductor manufacturing equipment market and forecasts its size by front-end equipment, back-end equipment, product type, dimension, supply chain participant, and region. It also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall semiconductor manufacturing equipment market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
“Lithography to register the largest market share in semiconductor manufacturing front-end equipment segment during the forecast period.”
Advances in EUV technology and increasing investment in high-precision equipment for handling the challenges will be key drivers of the lithography segment in the front-end equipment market of semiconductor manufacturing equipment, accounting for a significant share. Lithography is one of the principal semiconductor fabrication processes of patterning intricate circuit patterns at microscopic resolution on silicon wafers. This step places the IC layout onto the surface of the wafer with light or electron beams imitating extremely minute features. Advances in the technology, most specifically in EUV lithography, provide a pathway to fabricate chips that are smaller and more powerful. Companies such as ASML (Netherlands) use EUV lithography, a process employing shorter wavelengths of light to fabricate features down to 5nm.
“Bonding to account for the highest CAGR in back-end equipment segment during the forecast period.”
The bonding segment of the semiconductor manufacturing equipment market is expected to grow the most due to the increasing requirement for the precise semiconductor devices and for the processes of high yield and efficiency of production. Bonding equipment is needed in the formation of electrical interconnections between semiconductor dies and their packages or substrates so that semiconductor devices can function. Some generally used techniques include wire bonding, ball bonding, and solder bump bonding. The right bonding technology will make all the difference in either performance or cost-effectiveness in the semiconductor manufacturing process. Growth in the development of advanced semiconductor packaging technology and demand for cost-effective, high-reliability automotive and consumer-electronics components are driving demand for bonding equipment.
“Asia Pacific to register the fastest growth during the forecast period.”
The highest CAGR is expected to be registered in the Asia Pacific region, which has the highest presence of leading semiconductor manufacturing equipment providers in key countries such as China, Japan, Taiwan, and South Korea, that ascertain dominance in semiconductor production and innovation in this region. The region has advanced production capabilities and a substantial consumer electronics sector. In addition, the growing government initiatives, the relentless advances in technology, and the substantial investments of local and international players. The increasing semiconductor need across consumer electronics, automotive, and telecommunications contribute to increasing growth. The concentration on innovative culture and infrastructure development is also a driving factor in the region's competitive position in the global market. The high growth is attributed to technological advancements in artificial intelligence (Al), Internet of Things (IoT), and 5G. The region is characterized with the robust manufacturing of consumer electronics and high demand for electronic appliances and electric vehicles, which basically calls for a huge need for a reliable as well as performance semiconductor manufacturing equipment.
The break-up of the profile of primary participants in the semiconductor manufacturing equipment market-
- By Company Type: Tier 1 – 25%, Tier 2 – 35%, Tier 3 – 40%
- By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
- By Region Type: Asia Pacific – 45%, Americas – 35%, Europe, Middle East & Africa – 20%
Research Coverage
The report segments the semiconductor manufacturing equipment market and forecasts its size by front-end equipment, back-end equipment, product type, dimension, supply chain participant, and region. It also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall semiconductor manufacturing equipment market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (expansion of semiconductor fabrication facilities, surge in automotive semiconductor market, and increased demand for advanced and efficient chips), restraints (high capital investment requirements and complexity of manufacturing processes), opportunities (expansion of advanced packaging technologies and government support for domestic semiconductor industry), and challenges (rapid pace of technological advancements and environmental and regulatory compliance in manufacturing)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new solution and service launches in the semiconductor manufacturing equipment market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the semiconductor manufacturing equipment market across varied regions.
- Market Diversification: Exhaustive information about new solutions and services, untapped geographies, recent developments, and investments in the semiconductor manufacturing equipment market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and solution and service offerings of leading players, including Applied Materials, Inc. (US), ASML (Netherlands), Tokyo Electron Limited (Japan), Lam Research Corporation (US), and KLA Corporation (US).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary participants
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 DEMAND-SIDE ANALYSIS
2.3.2 SUPPLY-SIDE ANALYSIS
2.4 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET
4.2 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY FRONT-END EQUIPMENT
4.3 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY BACK-END EQUIPMENT
4.4 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY PRODUCT TYPE
4.5 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY DIMENSION
4.6 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY SUPPLY CHAIN PARTICIPANT
4.7 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY REGION
4.8 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Expansion of semiconductor fabrication facilities
5.2.1.2 Surge in automotive semiconductor market
5.2.1.3 Increasing demand for advanced and efficient chips
5.2.2 RESTRAINTS
5.2.2.1 High capital investment requirements
5.2.2.2 Complexity of manufacturing processes
5.2.3 OPPORTUNITIES
5.2.3.1 Expansion of advanced packaging technologies
5.2.3.2 Government support for domestic semiconductor industry
5.2.4 CHALLENGES
5.2.4.1 Rapid pace of technological advancements
5.2.4.2 Environmental and regulatory compliance in manufacturing
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Wafer Bonding
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 Flip Chip
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 3D Stacking
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS
5.8.2 AVERAGE SELLING PRICE, BY REGION
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.9.2 BUYING CRITERIA
5.10 PORTER'S FIVE FORCES ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 CASE STUDY ANALYSIS
5.11.1 ENHANCING LED MANUFACTURING THROUGH ELMO'S ADVANCED MOTION CONTROL SOLUTIONS
5.11.2 SYNOVA SA ADDRESSES CHALLENGES AND SOLUTIONS IN ADVANCED DIE SINGULATION AND WAFER DICING WITH LMJ TECHNOLOGY
5.11.3 OPTIMIZING PHOTORESISTS FOR ADVANCED LITHOGRAPHY TECHNIQUES
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO (HS CODE 848620)
5.12.2 EXPORT SCENARIO (HS CODE 848620)
5.13 PATENT ANALYSIS
5.14 REGULATORY LANDSCAPE
5.14.1 STANDARDS
5.14.1.1 47 CFR 15
5.14.1.2 NAICS code 334413
5.14.1.3 29 CFR 1910
5.14.1.4 SEMI E6, E76, F5, F14, S6, S1, S10, S12, S13, S14, S18, and S22
5.14.1.5 IEC 60204-33:2009
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
5.16 IMPACT OF AI/GEN AI ON SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET
5.17 CONNECTORS USED IN MANUFACTURING FACILITIES OF SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET PLAYERS
5.17.1 METRIC CIRCULAR
5.17.2 CPC, RECTANGULAR
5.17.3 D-SUB
5.17.4 OVERMOLDED ASSEMBLIES
5.17.5 CABLE HARNESS
5.17.6 OTHER DEVICES
6 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY FRONT-END EQUIPMENT
6.1 INTRODUCTION
6.2 LITHOGRAPHY
6.2.1 PHOTOLITHOGRAPHY
6.2.1.1 Deep ultraviolet (DUV) lithography
6.2.1.2 Extreme ultraviolet (EUV) lithography
6.2.2 ELECTRON BEAM LITHOGRAPHY
6.2.3 ION BEAM LITHOGRAPHY
6.2.4 NANOIMPRINT LITHOGRAPHY
6.2.5 OTHERS
6.3 WAFER SURFACE CONDITIONING
6.3.1 ETCHING
6.3.1.1 Advancements in dry etching technologies to drive market growth
6.3.2 CHEMICAL MECHANICAL PLANARIZATION (CMP)
6.3.2.1 Demand for high-performance devices driving market growth
6.4 WAFER CLEANING
6.4.1 DEMAND FOR HIGH-PERFORMANCE AND RELIABLE SEMICONDUCTOR DEVICES TO FUEL MARKET GROWTH
6.5 DEPOSITION
6.5.1 ADVANCEMENTS IN DEPOSITION PROCESSES TO DRIVE MARKET GROWTH
6.6 OTHER FRONT-END EQUIPMENT
7 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY BACK-END EQUIPMENT
7.1 INTRODUCTION
7.2 ASSEMBLY & PACKAGING
7.2.1 ADVANCEMENTS IN PACKAGING TECHNOLOGIES TO DRIVE MARKET GROWTH
7.3 DICING
7.3.1 INCREASING NEED FOR HIGH-PRECESSION SEMICONDUCTOR DEVICES TO SPUR MARKET DEMAND
7.4 METROLOGY
7.4.1 NEED FOR PRECISION MEASUREMENT AND ADVANCED DETECTION TO FUEL MARKET GROWTH
7.5 BONDING
7.5.1 RISING DEMAND FOR ADVANCED SEMICONDUCTOR PACKAGING TECHNOLOGY TO DRIVE MARKET GROWTH
7.6 WAFER TESTING/IC TESTING
7.6.1 ADVANCEMENTS IN TESTING TECHNOLOGIES BOOSTING SEMICONDUCTOR RELIABILITY AND MARKET GROWTH
8 FAB FACILITY EQUIPMENT USED IN SEMICONDUCTOR MANUFACTURING EQUIPMENT
8.1 INTRODUCTION
8.2 AUTOMATION
8.3 CHEMICAL
8.4 GAS CONTROL
8.5 OTHER FAB FACILITY EQUIPMENT
9 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY PRODUCT TYPE
9.1 INTRODUCTION
9.2 MEMORY
9.2.1 RISING DEMAND FOR HIGH-CAPACITY STORAGE AND ADVANCED PACKAGING TO ACCELERATE MARKET GROWTH
9.3 LOGIC
9.3.1 DEMAND FOR HIGH-PERFORMANCE COMPUTING TO DRIVE MARKET GROWTH
9.4 MPU
9.4.1 ADVANCEMENTS IN CLOUD COMPUTING AND EDGE COMPUTING TECHNOLOGIES TO DRIVE MARKET GROWTH
9.5 DISCRETE
9.5.1 RISING DEMAND FOR DISCRETE DEVICES IN AUTOMOTIVE AND ENERGY SECTORS TO DRIVE MARKET GROWTH
9.6 ANALOG
9.6.1 RISING ADOPTION OF IOT DEVICES TO FUEL MARKET GROWTH
9.7 OTHERS
9.7.1 SENSORS
9.7.1.1 Increased adoption of interconnected devices to drive market growth
9.7.2 OPTOELECTRONIC COMPONENTS
9.7.2.1 Adoption of advanced display technologies to fuel market growth
10 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY DIMENSION
10.1 INTRODUCTION
10.2 2D ICS
10.2.1 HIGH-DENSITY INTEGRATION IN CONSUMER ELECTRONICS TO FOSTER MARKET GROWTH
10.3 2.5D ICS
10.3.1 NEED FOR COST-EFFECTIVE, HIGH-PERFORMANCE SOLUTIONS TO SPUR MARKET DEMAND
10.4 3D ICS
10.4.1 NEED FOR INTEGRATING DIVERSE FUNCTIONALITIES IN COMPACT FORM FACTOR TO FUEL MARKET GROWTH
11 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY SUPPLY CHAIN PARTICIPANT
11.1 INTRODUCTION
11.2 FOUNDRIES
11.2.1 RISING DEMAND FOR ADVANCED SEMICONDUCTORS AND COST-EFFECTIVE MANUFACTURING TO DRIVE FOUNDRY GROWTH
11.3 IDM FIRMS
11.3.1 VERTICAL INTEGRATION AND ADVANCED MANUFACTURING CAPABILITIES TO DRIVE MARKET GROWTH
11.4 OSAT COMPANIES
11.4.1 ADVANCEMENTS IN PACKAGING TECHNOLOGIES AND OUTSOURCING TO FUEL MARKET GROWTH
12 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY REGION
12.1 INTRODUCTION
12.2 AMERICAS
12.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
12.2.2 US
12.2.2.1 Government initiatives and adoption of advanced technologies to accelerate market growth
12.2.3 CANADA
12.2.3.1 Strategic innovation and collaboration to create growth opportunities
12.2.4 REST OF AMERICAS
12.2.4.1 Technological advancements in emerging economies to boost market growth
12.3 EUROPE, MIDDLE EAST & AFRICA (EMEA)
12.3.1 MACROECONOMIC OUTLOOK FOR EMEA
12.3.2 GERMANY
12.3.2.1 Advanced technological infrastructure and Industry 4.0 to support market growth
12.3.3 UK
12.3.3.1 Strategic innovation and investment to propel market growth
12.3.4 IRELAND
12.3.4.1 Presence of fabrication facilities to contribute to market growth
12.3.5 FRANCE
12.3.5.1 Strong R&D focus and government initiatives to contribute to market growth
12.3.6 ITALY
12.3.6.1 Rising demand in automotive, consumer electronics, and industrial sectors to drive market
12.3.7 NETHERLANDS
12.3.7.1 Strategic R&D investments to propel market growth
12.3.8 REST OF EMEA
12.4 ASIA PACIFIC
12.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
12.4.2 CHINA
12.4.2.1 Advanced manufacturing capabilities and supportive environment for innovation to accelerate market growth
12.4.3 JAPAN
12.4.3.1 Demand for advanced semiconductor manufacturing technologies in automotive sector to augment market growth
12.4.4 SOUTH KOREA
12.4.4.1 Strong manufacturing capabilities of major companies to create opportunities
12.4.5 TAIWAN
12.4.5.1 Investments in advanced manufacturing technologies to fuel market growth
12.4.6 REST OF ASIA PACIFIC
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
13.3 MARKET SHARE ANALYSIS, 2023
13.4 REVENUE ANALYSIS, 2019–2023
13.5 COMPANY VALUATION AND FINANCIAL METRICS
13.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.6.1 STARS
13.6.2 EMERGING LEADERS
13.6.3 PERVASIVE PLAYERS
13.6.4 PARTICIPANTS
13.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.6.5.1 Company footprint
13.6.5.2 Front-end equipment footprint
13.6.5.3 Back-end equipment footprint
13.6.5.4 Product type footprint
13.6.5.5 Dimension footprint
13.6.5.6 Supply chain participant footprint
13.6.5.7 Region footprint
13.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 DYNAMIC COMPANIES
13.7.4 STARTING BLOCKS
13.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
13.7.5.1 List of startups/SMEs
13.7.5.2 Competitive benchmarking of startups/SMEs
13.8 BRAND/PRODUCT COMPARISON
13.9 COMPETITIVE SCENARIO AND TRENDS
13.9.1 PRODUCT LAUNCHES
13.9.2 DEALS
13.9.3 EXPANSIONS
13.10 FACILITY OVERVIEW OF TOP 5 PAYERS
14 COMPANY PROFILES
14.1 INTRODUCTION
14.2 KEY PLAYERS
14.2.1 APPLIED MATERIALS, INC.
14.2.1.1 Business overview
14.2.1.2 Products/Solutions/Services offered
14.2.1.3 Recent developments
14.2.1.3.1 Product/Service launches
14.2.1.3.2 Deals
14.2.1.3.3 Expansions
14.2.1.4 MnM view
14.2.1.4.1 Key strengths/Right to win
14.2.1.4.2 Strategic choices
14.2.1.4.3 Weaknesses and competitive threats
14.2.2 ASML
14.2.2.1 Business overview
14.2.2.2 Products/Solutions/Services offered
14.2.2.3 Recent developments
14.2.2.3.1 Product/Solution/Service launches
14.2.2.3.2 Deals
14.2.2.3.3 Expansions
14.2.2.4 MnM view
14.2.2.4.1 Key strengths/Right to win
14.2.2.4.2 Strategic choices
14.2.2.4.3 Weaknesses and competitive threats
14.2.3 TOKYO ELECTRON LIMITED
14.2.3.1 Business overview
14.2.3.2 Products/Solutions/Services offered
14.2.3.3 Recent developments
14.2.3.3.1 Product/Solution/Service launches
14.2.3.3.2 Deals
14.2.3.3.3 Expansions
14.2.3.4 MnM view
14.2.3.4.1 Key strengths/Right to win
14.2.3.4.2 Strategic Choices
14.2.3.4.3 Weaknesses and competitive threats
14.2.4 LAM RESEARCH CORPORATION
14.2.4.1 Business overview
14.2.4.2 Products/Solutions/Services offered
14.2.4.3 Recent developments
14.2.4.3.1 Product/Solution/Service launches
14.2.4.3.2 Deals
14.2.4.3.3 Expansions
14.2.4.4 MnM view
14.2.4.4.1 Key strengths/Right to win
14.2.4.4.2 Strategic choices
14.2.4.4.3 Weaknesses and competitive threats
14.2.5 KLA CORPORATION
14.2.5.1 Business overview
14.2.5.2 Products/Solutions/Services offered
14.2.5.3 Recent developments
14.2.5.3.1 Product/Service launches
14.2.5.3.2 Expansions
14.2.5.4 MnM view
14.2.5.4.1 Key strengths/Right to win
14.2.5.4.2 Strategic choices
14.2.5.4.3 Weaknesses and competitive threats
14.2.6 SCREEN HOLDINGS CO., LTD.
14.2.6.1 Business overview
14.2.6.2 Products/Solutions/Services offered
14.2.6.3 Recent developments
14.2.6.3.1 Product/Service launches
14.2.6.3.2 Deals
14.2.6.3.3 Expansions
14.2.7 TERADYNE, INC.
14.2.7.1 Business overview
14.2.7.2 Products/Solutions/Services offered
14.2.7.3 Recent developments
14.2.7.3.1 Product/Service launches
14.2.7.3.2 Deals
14.2.8 ADVANTEST CORPORATION
14.2.8.1 Business overview
14.2.8.2 Products/Solutions/Services offered
14.2.8.3 Recent developments
14.2.8.3.1 Product/Service launches
14.2.8.3.2 Deals
14.2.9 HITACHI HIGH-TECH CORPORATION
14.2.9.1 Business overview
14.2.9.2 Products/Solutions/Services offered
14.2.9.3 Recent developments
14.2.9.3.1 Product/Service launches
14.2.9.3.2 Deals
14.2.9.3.3 Expansions
14.2.10 PLASMA-THERM
14.2.10.1 Business overview
14.2.10.2 Products/Solutions/Services offered
14.2.10.3 Recent developments
14.2.10.3.1 Product/Service launches
14.2.10.3.2 Deals
14.2.10.3.3 Expansions
14.3 OTHER PLAYERS
14.3.1 ASM INTERNATIONAL N.V.
14.3.2 EV GROUP (EVG)
14.3.3 ONTO INNOVATION
14.3.4 NORDSON CORPORATION
14.3.5 ADT
14.3.6 BENEQ
14.3.7 CVD EQUIPMENT CORPORATION
14.3.8 EUGENE TECHNOLOGY CO. LTD.
14.3.9 NIKON CORPORATION
14.3.10 SEMICONDUCTOR EQUIPMENT CORP.
14.3.11 SENTECH INSTRUMENTS GMBH
14.3.12 CANON INC.
14.3.13 KOKUSAI ELECTRIC CORPORATION
14.3.14 SEMES
14.3.15 FORMFACTOR
15 APPENDIX
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary participants
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 DEMAND-SIDE ANALYSIS
2.3.2 SUPPLY-SIDE ANALYSIS
2.4 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET
4.2 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY FRONT-END EQUIPMENT
4.3 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY BACK-END EQUIPMENT
4.4 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY PRODUCT TYPE
4.5 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY DIMENSION
4.6 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY SUPPLY CHAIN PARTICIPANT
4.7 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY REGION
4.8 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Expansion of semiconductor fabrication facilities
5.2.1.2 Surge in automotive semiconductor market
5.2.1.3 Increasing demand for advanced and efficient chips
5.2.2 RESTRAINTS
5.2.2.1 High capital investment requirements
5.2.2.2 Complexity of manufacturing processes
5.2.3 OPPORTUNITIES
5.2.3.1 Expansion of advanced packaging technologies
5.2.3.2 Government support for domestic semiconductor industry
5.2.4 CHALLENGES
5.2.4.1 Rapid pace of technological advancements
5.2.4.2 Environmental and regulatory compliance in manufacturing
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Wafer Bonding
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 Flip Chip
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 3D Stacking
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS
5.8.2 AVERAGE SELLING PRICE, BY REGION
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.9.2 BUYING CRITERIA
5.10 PORTER'S FIVE FORCES ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 CASE STUDY ANALYSIS
5.11.1 ENHANCING LED MANUFACTURING THROUGH ELMO'S ADVANCED MOTION CONTROL SOLUTIONS
5.11.2 SYNOVA SA ADDRESSES CHALLENGES AND SOLUTIONS IN ADVANCED DIE SINGULATION AND WAFER DICING WITH LMJ TECHNOLOGY
5.11.3 OPTIMIZING PHOTORESISTS FOR ADVANCED LITHOGRAPHY TECHNIQUES
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO (HS CODE 848620)
5.12.2 EXPORT SCENARIO (HS CODE 848620)
5.13 PATENT ANALYSIS
5.14 REGULATORY LANDSCAPE
5.14.1 STANDARDS
5.14.1.1 47 CFR 15
5.14.1.2 NAICS code 334413
5.14.1.3 29 CFR 1910
5.14.1.4 SEMI E6, E76, F5, F14, S6, S1, S10, S12, S13, S14, S18, and S22
5.14.1.5 IEC 60204-33:2009
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
5.16 IMPACT OF AI/GEN AI ON SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET
5.17 CONNECTORS USED IN MANUFACTURING FACILITIES OF SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET PLAYERS
5.17.1 METRIC CIRCULAR
5.17.2 CPC, RECTANGULAR
5.17.3 D-SUB
5.17.4 OVERMOLDED ASSEMBLIES
5.17.5 CABLE HARNESS
5.17.6 OTHER DEVICES
6 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY FRONT-END EQUIPMENT
6.1 INTRODUCTION
6.2 LITHOGRAPHY
6.2.1 PHOTOLITHOGRAPHY
6.2.1.1 Deep ultraviolet (DUV) lithography
6.2.1.2 Extreme ultraviolet (EUV) lithography
6.2.2 ELECTRON BEAM LITHOGRAPHY
6.2.3 ION BEAM LITHOGRAPHY
6.2.4 NANOIMPRINT LITHOGRAPHY
6.2.5 OTHERS
6.3 WAFER SURFACE CONDITIONING
6.3.1 ETCHING
6.3.1.1 Advancements in dry etching technologies to drive market growth
6.3.2 CHEMICAL MECHANICAL PLANARIZATION (CMP)
6.3.2.1 Demand for high-performance devices driving market growth
6.4 WAFER CLEANING
6.4.1 DEMAND FOR HIGH-PERFORMANCE AND RELIABLE SEMICONDUCTOR DEVICES TO FUEL MARKET GROWTH
6.5 DEPOSITION
6.5.1 ADVANCEMENTS IN DEPOSITION PROCESSES TO DRIVE MARKET GROWTH
6.6 OTHER FRONT-END EQUIPMENT
7 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY BACK-END EQUIPMENT
7.1 INTRODUCTION
7.2 ASSEMBLY & PACKAGING
7.2.1 ADVANCEMENTS IN PACKAGING TECHNOLOGIES TO DRIVE MARKET GROWTH
7.3 DICING
7.3.1 INCREASING NEED FOR HIGH-PRECESSION SEMICONDUCTOR DEVICES TO SPUR MARKET DEMAND
7.4 METROLOGY
7.4.1 NEED FOR PRECISION MEASUREMENT AND ADVANCED DETECTION TO FUEL MARKET GROWTH
7.5 BONDING
7.5.1 RISING DEMAND FOR ADVANCED SEMICONDUCTOR PACKAGING TECHNOLOGY TO DRIVE MARKET GROWTH
7.6 WAFER TESTING/IC TESTING
7.6.1 ADVANCEMENTS IN TESTING TECHNOLOGIES BOOSTING SEMICONDUCTOR RELIABILITY AND MARKET GROWTH
8 FAB FACILITY EQUIPMENT USED IN SEMICONDUCTOR MANUFACTURING EQUIPMENT
8.1 INTRODUCTION
8.2 AUTOMATION
8.3 CHEMICAL
8.4 GAS CONTROL
8.5 OTHER FAB FACILITY EQUIPMENT
9 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY PRODUCT TYPE
9.1 INTRODUCTION
9.2 MEMORY
9.2.1 RISING DEMAND FOR HIGH-CAPACITY STORAGE AND ADVANCED PACKAGING TO ACCELERATE MARKET GROWTH
9.3 LOGIC
9.3.1 DEMAND FOR HIGH-PERFORMANCE COMPUTING TO DRIVE MARKET GROWTH
9.4 MPU
9.4.1 ADVANCEMENTS IN CLOUD COMPUTING AND EDGE COMPUTING TECHNOLOGIES TO DRIVE MARKET GROWTH
9.5 DISCRETE
9.5.1 RISING DEMAND FOR DISCRETE DEVICES IN AUTOMOTIVE AND ENERGY SECTORS TO DRIVE MARKET GROWTH
9.6 ANALOG
9.6.1 RISING ADOPTION OF IOT DEVICES TO FUEL MARKET GROWTH
9.7 OTHERS
9.7.1 SENSORS
9.7.1.1 Increased adoption of interconnected devices to drive market growth
9.7.2 OPTOELECTRONIC COMPONENTS
9.7.2.1 Adoption of advanced display technologies to fuel market growth
10 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY DIMENSION
10.1 INTRODUCTION
10.2 2D ICS
10.2.1 HIGH-DENSITY INTEGRATION IN CONSUMER ELECTRONICS TO FOSTER MARKET GROWTH
10.3 2.5D ICS
10.3.1 NEED FOR COST-EFFECTIVE, HIGH-PERFORMANCE SOLUTIONS TO SPUR MARKET DEMAND
10.4 3D ICS
10.4.1 NEED FOR INTEGRATING DIVERSE FUNCTIONALITIES IN COMPACT FORM FACTOR TO FUEL MARKET GROWTH
11 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET,
BY SUPPLY CHAIN PARTICIPANT
11.1 INTRODUCTION
11.2 FOUNDRIES
11.2.1 RISING DEMAND FOR ADVANCED SEMICONDUCTORS AND COST-EFFECTIVE MANUFACTURING TO DRIVE FOUNDRY GROWTH
11.3 IDM FIRMS
11.3.1 VERTICAL INTEGRATION AND ADVANCED MANUFACTURING CAPABILITIES TO DRIVE MARKET GROWTH
11.4 OSAT COMPANIES
11.4.1 ADVANCEMENTS IN PACKAGING TECHNOLOGIES AND OUTSOURCING TO FUEL MARKET GROWTH
12 SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET, BY REGION
12.1 INTRODUCTION
12.2 AMERICAS
12.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
12.2.2 US
12.2.2.1 Government initiatives and adoption of advanced technologies to accelerate market growth
12.2.3 CANADA
12.2.3.1 Strategic innovation and collaboration to create growth opportunities
12.2.4 REST OF AMERICAS
12.2.4.1 Technological advancements in emerging economies to boost market growth
12.3 EUROPE, MIDDLE EAST & AFRICA (EMEA)
12.3.1 MACROECONOMIC OUTLOOK FOR EMEA
12.3.2 GERMANY
12.3.2.1 Advanced technological infrastructure and Industry 4.0 to support market growth
12.3.3 UK
12.3.3.1 Strategic innovation and investment to propel market growth
12.3.4 IRELAND
12.3.4.1 Presence of fabrication facilities to contribute to market growth
12.3.5 FRANCE
12.3.5.1 Strong R&D focus and government initiatives to contribute to market growth
12.3.6 ITALY
12.3.6.1 Rising demand in automotive, consumer electronics, and industrial sectors to drive market
12.3.7 NETHERLANDS
12.3.7.1 Strategic R&D investments to propel market growth
12.3.8 REST OF EMEA
12.4 ASIA PACIFIC
12.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
12.4.2 CHINA
12.4.2.1 Advanced manufacturing capabilities and supportive environment for innovation to accelerate market growth
12.4.3 JAPAN
12.4.3.1 Demand for advanced semiconductor manufacturing technologies in automotive sector to augment market growth
12.4.4 SOUTH KOREA
12.4.4.1 Strong manufacturing capabilities of major companies to create opportunities
12.4.5 TAIWAN
12.4.5.1 Investments in advanced manufacturing technologies to fuel market growth
12.4.6 REST OF ASIA PACIFIC
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
13.3 MARKET SHARE ANALYSIS, 2023
13.4 REVENUE ANALYSIS, 2019–2023
13.5 COMPANY VALUATION AND FINANCIAL METRICS
13.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.6.1 STARS
13.6.2 EMERGING LEADERS
13.6.3 PERVASIVE PLAYERS
13.6.4 PARTICIPANTS
13.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.6.5.1 Company footprint
13.6.5.2 Front-end equipment footprint
13.6.5.3 Back-end equipment footprint
13.6.5.4 Product type footprint
13.6.5.5 Dimension footprint
13.6.5.6 Supply chain participant footprint
13.6.5.7 Region footprint
13.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 DYNAMIC COMPANIES
13.7.4 STARTING BLOCKS
13.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
13.7.5.1 List of startups/SMEs
13.7.5.2 Competitive benchmarking of startups/SMEs
13.8 BRAND/PRODUCT COMPARISON
13.9 COMPETITIVE SCENARIO AND TRENDS
13.9.1 PRODUCT LAUNCHES
13.9.2 DEALS
13.9.3 EXPANSIONS
13.10 FACILITY OVERVIEW OF TOP 5 PAYERS
14 COMPANY PROFILES
14.1 INTRODUCTION
14.2 KEY PLAYERS
14.2.1 APPLIED MATERIALS, INC.
14.2.1.1 Business overview
14.2.1.2 Products/Solutions/Services offered
14.2.1.3 Recent developments
14.2.1.3.1 Product/Service launches
14.2.1.3.2 Deals
14.2.1.3.3 Expansions
14.2.1.4 MnM view
14.2.1.4.1 Key strengths/Right to win
14.2.1.4.2 Strategic choices
14.2.1.4.3 Weaknesses and competitive threats
14.2.2 ASML
14.2.2.1 Business overview
14.2.2.2 Products/Solutions/Services offered
14.2.2.3 Recent developments
14.2.2.3.1 Product/Solution/Service launches
14.2.2.3.2 Deals
14.2.2.3.3 Expansions
14.2.2.4 MnM view
14.2.2.4.1 Key strengths/Right to win
14.2.2.4.2 Strategic choices
14.2.2.4.3 Weaknesses and competitive threats
14.2.3 TOKYO ELECTRON LIMITED
14.2.3.1 Business overview
14.2.3.2 Products/Solutions/Services offered
14.2.3.3 Recent developments
14.2.3.3.1 Product/Solution/Service launches
14.2.3.3.2 Deals
14.2.3.3.3 Expansions
14.2.3.4 MnM view
14.2.3.4.1 Key strengths/Right to win
14.2.3.4.2 Strategic Choices
14.2.3.4.3 Weaknesses and competitive threats
14.2.4 LAM RESEARCH CORPORATION
14.2.4.1 Business overview
14.2.4.2 Products/Solutions/Services offered
14.2.4.3 Recent developments
14.2.4.3.1 Product/Solution/Service launches
14.2.4.3.2 Deals
14.2.4.3.3 Expansions
14.2.4.4 MnM view
14.2.4.4.1 Key strengths/Right to win
14.2.4.4.2 Strategic choices
14.2.4.4.3 Weaknesses and competitive threats
14.2.5 KLA CORPORATION
14.2.5.1 Business overview
14.2.5.2 Products/Solutions/Services offered
14.2.5.3 Recent developments
14.2.5.3.1 Product/Service launches
14.2.5.3.2 Expansions
14.2.5.4 MnM view
14.2.5.4.1 Key strengths/Right to win
14.2.5.4.2 Strategic choices
14.2.5.4.3 Weaknesses and competitive threats
14.2.6 SCREEN HOLDINGS CO., LTD.
14.2.6.1 Business overview
14.2.6.2 Products/Solutions/Services offered
14.2.6.3 Recent developments
14.2.6.3.1 Product/Service launches
14.2.6.3.2 Deals
14.2.6.3.3 Expansions
14.2.7 TERADYNE, INC.
14.2.7.1 Business overview
14.2.7.2 Products/Solutions/Services offered
14.2.7.3 Recent developments
14.2.7.3.1 Product/Service launches
14.2.7.3.2 Deals
14.2.8 ADVANTEST CORPORATION
14.2.8.1 Business overview
14.2.8.2 Products/Solutions/Services offered
14.2.8.3 Recent developments
14.2.8.3.1 Product/Service launches
14.2.8.3.2 Deals
14.2.9 HITACHI HIGH-TECH CORPORATION
14.2.9.1 Business overview
14.2.9.2 Products/Solutions/Services offered
14.2.9.3 Recent developments
14.2.9.3.1 Product/Service launches
14.2.9.3.2 Deals
14.2.9.3.3 Expansions
14.2.10 PLASMA-THERM
14.2.10.1 Business overview
14.2.10.2 Products/Solutions/Services offered
14.2.10.3 Recent developments
14.2.10.3.1 Product/Service launches
14.2.10.3.2 Deals
14.2.10.3.3 Expansions
14.3 OTHER PLAYERS
14.3.1 ASM INTERNATIONAL N.V.
14.3.2 EV GROUP (EVG)
14.3.3 ONTO INNOVATION
14.3.4 NORDSON CORPORATION
14.3.5 ADT
14.3.6 BENEQ
14.3.7 CVD EQUIPMENT CORPORATION
14.3.8 EUGENE TECHNOLOGY CO. LTD.
14.3.9 NIKON CORPORATION
14.3.10 SEMICONDUCTOR EQUIPMENT CORP.
14.3.11 SENTECH INSTRUMENTS GMBH
14.3.12 CANON INC.
14.3.13 KOKUSAI ELECTRIC CORPORATION
14.3.14 SEMES
14.3.15 FORMFACTOR
15 APPENDIX
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
