Semiconductor Manufacturing Equipment Market Outlook:
Semiconductor Manufacturing Equipment Market size was over USD 123.13 billion in 2025 and is anticipated to cross USD 280.97 billion by 2035, growing at more than 8.6% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of semiconductor manufacturing equipment is assessed at USD 132.66 billion.
Manufacturers are significantly developing advanced semiconductor fabrication plants to address the rising global demand for semiconductors in industries such as consumer electronics, automotive, and data center infrastructures. In November 2023, Texas Instruments (TI) began construction of a new 300-mm wafer fabrication facility, LFAB2, in Lehi, Utah. The plant is expected to produce tens of millions of analog and embedded processing chips per day and generate approximately 800 direct jobs, along with thousands of indirect employment opportunities. Such developments demonstrate the need for enhanced chip production capacity to support the digital transformation across sectors.
