PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1731710
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1731710
The semiconductor bonding equipment market is projected to grow at a CAGR of 4.36% during the forecast period (2022-2030).
Semiconductor bonding equipment comprises a set of tools and technologies used to connect semiconductors and other integrated circuit chips to silicon chips and substrates, utilizing wires, wafers, and die-bonding solutions. The connection thus created could be permanent, temporary, or hybrid. The extensive use of semiconductors across various industries, including consumer electronics and 3D devices, is leading to the increasing adoption of semiconductor bonding equipment in 3D integrated chips, advanced packaging solutions, and CMOS systems. Therefore, considering the growing production of devices utilizing semiconductor bonding, it can be anticipated that semiconductor bonding equipment will experience steady growth over the forecast period.
Advancements in nanotechnology for portable electronics are fueling demand for wafer and stack die technologies in the consumer electronics sector. MEMS sensors, such as gyroscopes, microphones, light sensors, and accelerometers, are widely used in smartphones. Additionally, die stack technology is being adopted to improve circuit connectivity and enhance electronic device performance, driving the need for wafer and die bonding equipment in semiconductor manufacturing. The widespread use of MEMS in telecommunications, micropositioners, and projection displays further boosts the demand for semiconductor bonding equipment. As global demand for portable electronics rises, the consumption of such equipment is expected to increase over the forecast period.
The global shift toward sustainable energy sources is increasing electric vehicle (EV) demand and production. According to the EIA, luxury electric cars accounted for 32.8% of luxury car sales in 2024, with luxury vehicles comprising 73.8% of battery electric sales, 8.3% of hybrid sales, and 29.2% of plug-in hybrid sales in the U.S. Companies like Tesla and Ford are innovating to enhance EV technologies. EV batteries rely on wire-bonding equipment to connect individual cells, with each battery requiring multiple interconnections. This high demand for wire-bonding equipment to support rapid EV production is expected to drive the semiconductor bonding equipment market.
The Asia Pacific region holds a significant share of the semiconductor bonding equipment market, driven by growing semiconductor demand in economies like China and South Korea. The increasing need for 3D integrated circuits (ICs) and advanced packaging in the region is propelling market growth. Advancements in photonic technology are also expanding the use of photonic devices in sectors such as energy, entertainment, telecommunications, and transportation, leveraging lasers, optical fibers, and lighting solutions. The region's market is expected to continue growing throughout the forecast period.
Some of the major players covered in this report include EV Group GmbH, ASMPT Ltd., MRSI Systems LLC (Mycronic Group), Palomar Technologies, Inc., BE Semiconductor Industries N.V. (Besi), Fasford Technology Co., Ltd., Kulicke & Soffa Industries, Inc., among others.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence