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Semiconductor Machinery Manufacturing: Global Markets

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    Report

  • 139 Pages
  • May 2024
  • Region: Global
  • BCC Research
  • ID: 4662611

The global market for semiconductor machinery manufacturing is expected to grow from $121.5 billion in 2024 and is projected to reach $223.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13% during the forecast period of 2024 to 2029. The key factors driving the growth of global semiconductor machinery manufacturing include growing fabrication equipment spending worldwide, growing trend toward electrification of automobiles and industrial equipment, the proliferation of artificial intelligence, the internet of things, 5G networks, smart vehicles and augmented and virtual reality.

This report provides an overview of the global market for semiconductor machinery manufacturing and an analysis of market trends, updating the previous version of the report, which came out in 2018. Using 2023 as the base year, the report provides estimated market data for the forecast period 2024 through 2029. Revenue forecasts are segmented by equipment type, application and geographic region. In this report, the global market consists of four regions: North America, Europe, Asia-Pacific and the Rest of the World (RoW). The report covers emerging technologies and the current competitive landscape, and concludes with profiles of the major players in the market.

Key Highlights

  • By the end of 2029, the logic segment will continue to dominate the global market for semiconductor machinery manufacturing owing to the rising adoption of semiconductor equipment to manufacture logic chips. Also, the surge is fueled by the escalating manufacturing complexity in logic devices coupled with robust demand for semiconductors in areas such as cloud computing, artificial intelligence, 5G networks, and the Internet of Things.
  • Asia-Pacific holds the highest market share in global semiconductor machinery manufacturing. Asian countries, particularly countries such as China, Japan, Taiwan, and South Korea, is a global manufacturing hub. The region's strong focus on semiconductor manufacturing has driven the adoption of t semiconductor manufacturing equipment. Moreover, demand is higher owing to the presence of many key players from the semiconductor machinery manufacturing marketplace.

The report includes:

  • 29 data tables and 54 additional tables
  • An overview of the global market for semiconductor machinery manufacturing
  • Analysis of global market trends, featuring revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2026, 2029 and projected CAGRs through 2029
  • Evaluation of the current market size and revenue growth prospects, along with a market share analysis by equipment type, application, and region
  • Coverage of the history and development of semiconductor machinery, a life cycle assessment, and the value chain processes for semiconductor machinery manufacturing
  • An assessment of market dynamics and factors and recent innovations affecting the market
  • Identification of the market segments with the highest growth potential
  • Discussion of the major manufacturers in each region
  • Profiles of leading market participants, including ASML Holding N.V., Applied Materials, Inc., Lam Research Corp., Tokyo Electron Ltd., and KLA Corp.

Note: ICs, which come in dimensions such as 2D, 2.5D and 3D, are built on semiconductor machinery; however, the scope of this report does not include a market breakdown by IC dimension, as some equipment is exclusive to either 2D or 3D IC production and some are not. Primary interviews with industry experts confirmed the possibility of overlap in equipment used for each IC dimension.

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Scope of Report
  • Market Summary
Chapter 2 Market Overview
  • Current Market Scenario
  • Macro-economic Factors
  • Ongoing Ukraine-Russia War
  • Water Shortage in Taiwan
  • Shifting Regulations and Global Investments
  • Impact of the U.S.-China Trade War
  • Porter’s Five Forces Model
Chapter 3 Market Dynamics
  • Overview
  • Market Drivers
    • Spending on Fabrication Equipment
    • Electrification of Vehicles and Industrial Equipment
    • Proliferation of AI, IoT, 5G and AR/VR
  • Market Restraints
    • Complexity and High Costs of Semiconductor Fabrication
    • Complexity and Reduced Yields of Semiconductor Manufacturing
  • Market Opportunities
    • Evolution of Chip Packaging
    • Growing Government Efforts to Boost Semiconductor Manufacturing
Chapter 4 Emerging Technologies and Developments
  • Emerging Technologies and Trends
  • Technological Advances and New Products
  • Green and Sustainable Chemical Vapor Deposition (CVD)
  • More Complex Designs and Advanced Manufacturing Techniques
  • AI and Machine Learning in Semiconductor Manufacturing
  • Patent Analysis
Chapter 5 Market Segmentation Analysis
  • Segmentation Breakdown
  • Market Breakdown by Equipment Type
    • Wafer Fabrication Equipment
    • Test Equipment
    • Assembly and Packaging
  • Market Breakdown by Application
    • Logic
    • Memory
    • Other Applications
  • Market Breakdown by Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
Chapter 6 Competitive Intelligence
  • Overview
  • Market Rankings
  • Strategic Analysis
Chapter 7 Sustainability in the Semiconductor Machinery Manufacturing Industry: An ESG Perspective
  • ESG Issues
  • Greenhouse Gas Emissions and Energy Consumption
  • Employee Health and Safety
  • Diversity and Equal Opportunity
  • Ethical Sourcing
  • ESG Performance Analysis
  • Environmental Performance
  • Social Performance
  • Governance Performance
  • Current Status of ESG
  • ESG Practices in the Industry
  • Concluding Remarks
Chapter 8 Appendix
  • Methodology
  • Abbreviations
  • References
Chapter 9 Company Profiles
  • Advantest Corp.
  • Applied Materials Inc.
  • ASM International N.V.
  • ASML
  • Canon Inc.
  • Disco Corp.
  • Entegris Inc.
  • Hitachi Ltd.
  • KLA Corp.
  • Kulicke and Soffa Industries Inc.
  • Lam Research Corp.
  • Nikon Corp.
  • SCREEN Holdings Co. Ltd.
  • Teradyne Inc.
  • Tokyo Electron Ltd.
List of Tables
Summary Table: Global Market for Semiconductor Machinery Manufacturing, by Application, Through 2029
Table 1: Patent Review for Semiconductor Machinery Manufacturing, 2020-2023
Table 2: Granted Patents, by Inventor/Assignee, 2022 and 2023
Table 3: Global Market for Semiconductor Machinery Manufacturing, by Equipment Type, Through 2029
Table 4: Global Market for Semiconductor Machinery Manufacturing, by Application, Through 2029
Table 5: Global Market for Semiconductor Machinery Manufacturing, by Region, Through 2029
Table 6: North American Market for Semiconductor Machinery Manufacturing, by Country, Through 2029
Table 7: North American Market for Semiconductor Machinery Manufacturing, by Equipment Type, Through 2029
Table 8: North American Market for Semiconductor Machinery Manufacturing, by Application, Through 2029
Table 9: European Market for Semiconductor Machinery Manufacturing, by Country, Through 2029
Table 10: European Market for Semiconductor Machinery Manufacturing, by Equipment Type, Through 2028
Table 11: Asia-Pacific Market for Semiconductor Machinery Manufacturing, by Country/Region, Through 2029
Table 12: Asia-Pacific Market for Semiconductor Machinery Manufacturing, by Equipment Type, Through 2029
Table 13: Asia-Pacific Market for Semiconductor Machinery Manufacturing, by Application, Through 2029
Table 14: RoW Market for Semiconductor Machinery, by Equipment Type, Through 2029
Table 15: RoW Market for Semiconductor Machinery, by Application, Through 2029
Table 16: Rank of Leading Semiconductor Machinery Manufacturers, 2023
Table 17: Recent Developments, 2022 and 2023
Table 18: Environmental Impact of the Semiconductor Machinery Manufacturing Industry
Table 19: Social Impact in the Semiconductor Machinery Manufacturing Industry
Table 20: Governance Impact in the Semiconductor Machinery Manufacturing Industry
Table 21: ESG Risk Ratings in the Semiconductor Machinery Manufacturing Industry, 2023
Table 22: Abbreviations Used in the Report
Table 23: Advantest Corp.: Company Snapshot
Table 24: Advantest Corp.: Financial Performance, FY 2021 and 2022
Table 25: Advantest Corp.: Product Portfolio
Table 26: Advantest Corp.: News/Key Developments, 2023
Table 27: Applied Materials Inc.: Company Snapshot
Table 28: Applied Materials Inc.: Financial Performance, FY 2022 and 2023
Table 29: Applied Materials Inc.: Product Portfolio
Table 30: Applied Materials Inc.: News/Key Developments, 2022 and 2023
Table 31: ASM International N.V.: Company Snapshot
Table 32: ASM International N.V.: Financial Performance, FY 2022 and 2023
Table 33: ASM International N.V.: Product Portfolio
Table 34: ASM International N.V.: News/Key Developments, 2022 and 2023
Table 35: ASML: Company Snapshot
Table 36: ASML: Financial Performance, FY 2022 and 2023
Table 37: ASML: Product Portfolio
Table 38: ASML: News/Key Developments, 2022 and 2023
Table 39: Canon Inc.: Company Snapshot
Table 40: Canon Inc.: Financial Performance, FY 2022 and 2023
Table 41: Canon Inc.: Product Portfolio
Table 42: Canon Inc.: News/Key Developments, 2023
Table 43: DISCO Corp.: Company Snapshot
Table 44: DISCO Corp.: Financial Performance, FY 2022 and 2023
Table 45: DISCO Corp.: Product Portfolio
Table 46: DISCO Corp.: News/Key Developments, 2023
Table 47: Entegris Inc.: Company Snapshot
Table 48: Entegris Inc.: Financial Performance, FY 2022 and 2023
Table 49: Entegris Inc.: Product Portfolio
Table 50: Entegris Inc.: News/Key Developments, 2022 and 2023
Table 51: Hitachi Ltd.: Company Snapshot
Table 52: Hitachi Ltd.: Financial Performance, FY 2022 and 2023
Table 53: Hitachi Ltd.: Product Portfolio
Table 54: Hitachi Ltd.: News/Key Developments, 2023
Table 55: KLA Corp.: Company Snapshot
Table 56: KLA Corp.: Financial Performance, FY 2022 and 2023
Table 57: KLA Corp.: Product Portfolio
Table 58: KLA Corp.: News/Key Developments, 2022
Table 59: Kulicke and Soffa Industries Inc.: Company Snapshot
Table 60: Kulicke and Soffa Industries Inc.: Financial Performance, FY 2022 and 2023
Table 61: Kulicke and Soffa Industries Inc.: Product Portfolio
Table 62: Kulicke and Soffa Industries Inc.: News/Key Developments, 2022
Table 63: Lam Research Corp.: Company Snapshot
Table 64: Lam Research Corp.: Financial Performance, FY 2022 and 2023
Table 65: Lam Research Corp.: Product Portfolio
Table 66: Lam Research Corp.: News/Key Developments, 2022 and 2023
Table 67: Nikon Corp.: Company Snapshot
Table 68: Nikon Corp.: Financial Performance, FY 2021 and 2022
Table 69: Nikon Corp.: Product Portfolio
Table 70: Nikon Corp.: News/Key Developments, 2023
Table 71: SCREEN Holdings Co. Ltd.: Company Snapshot
Table 72: SCREEN Holdings Co. Ltd.: Financial Performance, FY 2021 and 2022
Table 73: SCREEN Holdings Co. Ltd.: Product Portfolio
Table 74: SCREEN Holdings Co. Ltd.: News/Key Developments, 2022 and 2023
Table 75: Teradyne Inc.: Company Snapshot
Table 76: Teradyne Inc.: Financial Performance, FY 2022 and 2023
Table 77: Teradyne Inc.: Product Portfolio
Table 78: Teradyne Inc.: News/Key Developments, 2022 and 2023
Table 79: Tokyo Electron Ltd.: Company Snapshot
Table 80: Tokyo Electron Ltd.: Financial Performance, FY 2021 and 2022
Table 81: Tokyo Electron Ltd.: Product Portfolio
Table 82: Tokyo Electron Ltd.: News/Key Developments, 2022 and 2023
List of Figures
Summary Figure: Global Market Shares of Semiconductor Machinery Manufacturing, by Application, 2023
Figure 1: Porter’s Five Forces Analysis for Semiconductor Machinery Manufacturing
Figure 2: Market Dynamics of the Semiconductor Machinery Manufacturing Market
Figure 3: Front End Fabrication Equipment Spending, 2020-2024
Figure 4: Worldwide EV Sales, 2016-2023
Figure 5: Global Market Shares of Semiconductor Machinery Manufacturing, by Equipment Type, 2023
Figure 6: Global Market Shares of Semiconductor Machinery Manufacturing, by Application, 2023
Figure 7: Global Market Shares of Semiconductor Machinery Manufacturing, by Region, 2023
Figure 8: Advantest Corp.: Revenue Shares, by Business Unit, FY 2022
Figure 9: Advantest Corp.: Revenue Shares, by Country/Region, FY 2022
Figure 10: Applied Materials Inc.: Revenue Shares, by Business Unit, FY 2023
Figure 11: Applied Materials Inc.: Revenue Shares, by Country/Region, FY 2023
Figure 12: ASM International N.V.: Revenue Shares, by Business Unit, FY 2023
Figure 13: ASM International N.V.: Revenue Shares, by Country/Region, FY 2023
Figure 14: ASML: Revenue Shares, by Business Unit, FY 2023
Figure 15: ASML: Revenue Shares, by Country/Region, FY 2023
Figure 16: Canon Inc.: Revenue Shares, by Business Unit, FY 2023
Figure 17: Canon Inc.: Revenue Shares, by Country/Region, FY 2023
Figure 18: DISCO Corp.: Revenue Shares, by Business Unit, FY 2023
Figure 19: DISCO Corp.: Revenue Shares, by Country/Region, FY 2023
Figure 20: Entegris Inc.: Revenue Shares, by Business Unit, FY 2023
Figure 21: Entegris Inc.: Revenue Shares, by Country/Region, FY 2023
Figure 22: Hitachi Ltd.: Revenue Shares, by Business Unit, FY 2023
Figure 23: Hitachi Ltd.: Revenue Shares, by Country/Region, FY 2023
Figure 24: KLA Corp.: Revenue Shares, by Business Unit, FY 2023
Figure 25: KLA Corp.: Revenue Shares, by Country/Region, FY 2023
Figure 26: Kulicke and Soffa Industries Inc.: Revenue Shares, by Business Unit, FY 2023
Figure 27: Kulicke and Soffa Industries Inc.: Revenue Shares, by Country/Region, FY 2023
Figure 28: Lam Research Corp.: Revenue Shares, by Country/Region, FY 2023
Figure 29: Nikon Corp.: Revenue Shares, by Business Unit, FY 2022
Figure 30: Nikon Corp.: Revenue Shares, by Country/Region, FY 2022
Figure 31: SCREEN Holdings Co. Ltd.: Revenue Shares, by Business Unit, FY 2022
Figure 32: SCREEN Holdings Co. Ltd.: Revenue Shares, by Country/Region, FY 2022
Figure 33: Teradyne Inc.: Revenue Shares, by Business Unit, FY 2023
Figure 34: Teradyne Inc.: Revenue Shares, by Country/Region, FY 2023
Figure 35: Tokyo Electron Ltd.: Revenue Shares, by Business Unit, FY 2022
Figure 36: Tokyo Electron Ltd.: Revenue Shares, by Country/Region, FY 2022

Companies Mentioned

  • Advantest Corp.
  • Applied Materials Inc.
  • ASM International N.V.
  • ASML
  • Canon Inc.
  • Disco Corp.
  • Entegris Inc.
  • Hitachi Ltd.
  • KLA Corp.
  • Kulicke and Soffa Industries Inc.
  • Lam Research Corp.
  • Nikon Corp.
  • SCREEN Holdings Co. Ltd.
  • Teradyne Inc.
  • Tokyo Electron Ltd.

Table Information