Semiconductor Manufacturing Equipment Market Share

APAC Market Analysis

The Asia Pacific semiconductor manufacturing equipment market is projected to be the largest with a share of about 35% by the end of the forecast period owing to the presence of a large number of semiconductor and electronics manufacturers in the region. Furthermore, the high utilization rate of smart devices and electronics primarily in countries such as China, India, Taiwan, and Japan has surged the demand for semiconductor manufacturing equipment. As per data by the India Brand Equity Foundation, by the end of 2025, the Indian electronics manufacturing industry is estimated to reach USD 520 billion.

North American Market Forecast

The North American semiconductor manufacturing equipment market is set to hold 24% of the revenue share by the end of the projected timeframe. The rapid growth of the semiconductor sector in the region along with the escalation in the usage of 5G, Internet of Things, AI, big data, cloud, and others. The United States semiconductor industry contributed USD 240 billion to the country’s gross domestic product (GDP) in 2020.

Frequently Asked Questions (FAQ)

The growth of the semiconductor industry and the rising trend of health wearables are estimated to majorly boost the market growth.

The market size of semiconductor manufacturing equipment is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Applied Materials, Inc., Advantest Corporation, Tokyo Electron Limited, Lam Research Corporation, ASML, KLA Corporation, SCREEN Semiconductor Solutions Co., Ltd. (Dainippon Screen Mfg. Co., Ltd.), Teradyne, Inc., Hitachi, Ltd., Onto Innovation Inc., and other key players.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by equipment, product, dimension, supply chain participant, and by region.

The front-end equipment segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Rising concern regarding the complexity of patterns in semiconductor chips along with the lack of skilled workforce and the disruption in supply chains are estimated to be the growth-hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Semiconductor Manufacturing Equipment Market Share