Analysis and Forecasts by Equipment Type (Wafer Manufacturing Equipment, Assembly & Packaging Equipment, Test Equipment, and Others); Dimension (2D, 2.5D, and 3D), End-use (Semiconductor Fabrication Plant/Foundry, Semiconductor Electronics Manufacturing, and Test Home)
No. of Pages:145
Report Code:
TIPRE00005042
Category:
Electronics and Semiconductor
Asia Pacific Semiconductor Manufacturing Equipment Market
Semiconductor manufacturing equipment market in Asia Pacific is expected to grow from US$ 46.44 Bn in 2018 to US$ 79.04 Bn by the year 2027. This represents a CAGR of 5.7% from the year 2019 to 2027.
Increasing adoption of smart electronic devices boosting the manufacturing prospects and significant incorporation of electronics in automotive applications are the key factors fueling the growth of the semiconductor manufacturing equipment market. Moreover, the incorporation of IoT, artificial intelligence, and connected devices across various end-use verticals is anticipated to boost semiconductor manufacturing equipment market growth in the forecast period. However, the dynamic nature of technologies requires respective changes in manufacturing equipment, is expected to hinder the semiconductor manufacturing equipment market growth in the coming years. The demands for consumer electronics is growing at an exponential pace, and the pressure from the consumer side has been compelling suppliers to provide differentiated products and be the first movers in the market.
Further, the increasing applications of wearable devices in the healthcare and the manufacturing sector have created huge demands for consumer electronics. Wearable devices such as smart watches, AR/VR devices, fitness belts, process monitoring equipment are some of the devices that have gained high prominence in recent times. These electronic devices incorporate high functionalities in the least possible package sizes. Factors such as mobility and portability characterize the form factors and package sizes of the devices. Semiconductor-based circuits have the capabilities of integrating multiple functionalities onto a single chip utilizing the physical characteristics of semiconductor materials.
The Semiconductor Fabrication Plant/Foundry segment is the leading end-use with the highest market share in Asia Pacific semiconductor manufacturing equipment market. The semiconductor manufacturing equipment produces materials using an electrical conductivity between a conductor and insulator. These equipment are used in the fabrication site or facility set up by the Asia Pacific semiconductor manufacturers to facilitate the production of semiconductor products such as chips, image sensors, memory. The electronic industries are witnessing a huge demand from end-user segments such as telecommunications, consumer electronics, and computers. Development in technology such as robotics, automation among industries, enhanced IoT brining smart appliances, smart TVs, and many others are some of the current trends in electronic industry. Therefore, the players are looking ahead to broaden their manufacturing facility to deploy more semiconductor manufacturing equipment, in order to maintain a proper balance between demand and supply of semiconductors, which in turn boosting the growth of semiconductor manufacturing equipment market.
The Semiconductor Manufacturing Equipment market in the Asia Pacific region is dominated by Taiwan in the year 2018 with maximum market share, and the country is anticipated to continue its dominance during the forecast period. Taiwan is a hub of semiconductor manufacturers and therefore is in a well-placed position to fulfill the growing needs of new technologies such as automotive electronics, 5G, IoT, and big data. Moreover, the semiconductor manufacturing equipment market players look ahead to invest in new fab equipment for the fabrication of semiconductor products. The spending increased on new fab equipment would increase the capacity majorly for 300mm, optoelectronics, memory, LEDs, foundry/logic, and power semiconductors. However, investment by chipmakers towards new equipment to improve capacity might take a few years for enhanced semiconductor supply. As, equipping of a new fab takes years which depends on product type, fab size, and region. The figure given below highlights the revenue share of the Taiwan in the Asia Pacific semiconductor manufacturing equipment market in the forecast period:
Taiwan Semiconductor Manufacturing Equipment Market Revenue and Forecasts to 2027 (US$ Bn)
ASIA PACIFIC SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET SEGMENTATION
How big is the Asia Pacific Semiconductor Manufacturing Equipment Market?
The Asia Pacific Semiconductor Manufacturing Equipment Market is valued at US$ 46.44 Billion in 2018, it is projected to reach US$ 79.04 Billion by 2027.
What is the CAGR for Asia Pacific Semiconductor Manufacturing Equipment Market by (2019 - 2027)?
As per our report Asia Pacific Semiconductor Manufacturing Equipment Market, the market size is valued at US$ 46.44 Billion in 2018, projecting it to reach US$ 79.04 Billion by 2027. This translates to a CAGR of approximately 5.7% during the forecast period.
What segments are covered in this report?
The Asia Pacific Semiconductor Manufacturing Equipment Market report typically cover these key segments-
Equipment Type (Wafer Manufacturing Equipment, Assembly & Packaging Equipment, Test Equipment)
Dimension (2D, 2.5D, 3D)
End-use (Semiconductor Fabrication Plant/Foundry, Semiconductor Electronics Manufacturing, Test Home)
What is the historic period, base year, and forecast period taken for Asia Pacific Semiconductor Manufacturing Equipment Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Semiconductor Manufacturing Equipment Market report:
Historic Period : 2016-2017
Base Year : 2018
Forecast Period : 2019-2027
Who are the major players in Asia Pacific Semiconductor Manufacturing Equipment Market?
The Asia Pacific Semiconductor Manufacturing Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Advantest Corporation
Applied Materials, Inc.
ASML Holding N.V.
Hitachi High-Technologies Corporation
KLA Corporation
Lam Research Corporation
Rudolph Technologies, Inc.
Screen Holdings Co., Ltd.
Teradyne Inc.
Tokyo Electron Ltd.
Who should buy this report?
The Asia Pacific Semiconductor Manufacturing Equipment Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Asia Pacific Semiconductor Manufacturing Equipment Market value chain can benefit from the information contained in a comprehensive market report.