PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1355659
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1355659
Global Semiconductor Back-End Equipment Market is anticipated to grow with a growth rate of more than 7.8% over the forecast period 2023-2030. The steps that come after the circuit imprinted on the semiconductor wafer are known as the back-end semiconductor manufacturing processes. Front-end and back-end operations make up semiconductor manufacturing. Back-end processing is the procedure used in semiconductor fabrication after the circuit has been specified on the wafer. The processes include several stages to guarantee the functionality, dependability, performance and durability of the semiconductor chips. A certain collection of tools is needed for each process in order to analyse and operate at incredibly minute levels. The market growth is driven by significant factors such as increase in technical innovation in the electronics industry, a growing market for semiconductor manufacturing and growth in demand for hybrid circuits from medical, military, photonics.
According to SME, a typical FPGA (Field Programmable Gate Array) involves the production of 80 FPGAs. However, the tester tests about 3,20,000 FPGAs annually, registering a SME multiplier of 4,000x. Moreover, due to COVID-19, the focus has shifted from automotive manufacturing and industrial robotics to consumer electronics and the increased demand for semiconductors in areas such as remote work, virtual learning, and the need for PCs, laptops, and other computing devices. This rise in demand, according to the SIA, kept the market growing through 2020 and was anticipated to continue in 2021. The supply chain was delayed during the lockdowns due to a lack of experienced workers and the transportation of raw materials for semiconductor production. The global chip shortage in many ways is still being recovered from in the post-pandemic world. Moreover, increasing adoption of AI-enabled chips connected devices across the globe, semiconductor Shortage and increasing Demand for Semiconductors in Electric and Hybrid Vehicles create lucrative opportunities in the market. However, high Setup Costs, constant Evolution of Products Influencing Demand stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Semiconductor Back-End Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is leading the global market share and expected to be the fastest growing region due to the several factors such as ongoing international chip shortage, various other countries in the Asia Pacific plan to set up new foundry units and attract demand for back-end equipment.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable