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:134
Report Code:
TIPRE00005043
Category:
Electronics and Semiconductor
North America Semiconductor Manufacturing Equipment Market
Semiconductor manufacturing equipment market in North America is expected to grow from US$ 8.45 Bn in 2018 to US$ 13.17 Bn by the year 2027 with a CAGR of 4.7% from the year 2019 to 2027.
Significant demand for consumer electronic devices boost the manufacturing prospects, which is further fueling the growth of the semiconductor manufacturing equipment market. Moreover, the increase in adoption of IoT, artificial intelligence, and connected devices across industry verticals is anticipated to boost semiconductor manufacturing equipment market growth in the forecast period. Today’s smart products contain complex electronic systems that require flawless operation in the real world. Device miniaturization, support for multiple wireless technologies, faster data rates, and longer battery life, demand highly sophisticated Integrated Circuits (ICs) incorporated into the devices.
Additionally, demand for numerous feature integrations onto a single device has led to complex circuit board designs of these electronics. As an example, a smartphone today includes features such as camera, calling function, torch, storage drives, and connectivity with other devices, compatible ports for connections, a multimedia player, and many other functions, etc. Similarly, other consumer electronic devices have been improving on similar lines propelling the semiconductor manufacturers for more miniaturization of the chips and integration of more functionalities. Smartphones lead the incorporations of semiconductor equipment into the devices.
The Wafer Manufacturing Equipment segment is the leading equipment type with the highest market share in North America semiconductor manufacturing equipment market. It includes single crystal manufacturing equipment, wafer processing equipment, inspection & metrology equipment, and others. The wafer manufacturing equipment is available in different forms and most of which are specific to growing, removing, depositing materials from the wafer. The increase in demand for semiconductor in various applications is expected to have a significant impact on the growth of wafer manufacturing equipment market.
The US dominated the semiconductor manufacturing equipment market in 2018 and is anticipated to lead the semiconductor manufacturing equipment market across the North American region through the forecast period, followed by Mexico and Canada. The figure given below highlights the revenue share of the Mexico in the North American semiconductor manufacturing equipment market in the forecast period:
Mexico Semiconductor Manufacturing Equipment Market Revenue and Forecasts to 2027 (US$ Bn)
NORTH AMERICA SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET SEGMENTATION
How big is the North America Semiconductor Manufacturing Equipment Market?
The North America Semiconductor Manufacturing Equipment Market is valued at US$ 8.45 Billion in 2018, it is projected to reach US$ 13.17 Billion by 2027.
What is the CAGR for North America Semiconductor Manufacturing Equipment Market by (2019 - 2027)?
As per our report North America Semiconductor Manufacturing Equipment Market, the market size is valued at US$ 8.45 Billion in 2018, projecting it to reach US$ 13.17 Billion by 2027. This translates to a CAGR of approximately 4.7% during the forecast period.
What segments are covered in this report?
The North America 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 North America 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 North America Semiconductor Manufacturing Equipment Market report:
Historic Period : 2016-2017
Base Year : 2018
Forecast Period : 2019-2027
Who are the major players in North America Semiconductor Manufacturing Equipment Market?
The North America 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 North America 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 North America Semiconductor Manufacturing Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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