PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762281
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762281
The global semiconductor manufacturing equipment market size is expected to reach USD 211.24 billion by 2034, according to a new study by Polaris Market Research. The report "Semiconductor Manufacturing Equipment Market Size, Share, Trends, Industry Analysis Report: By Product Type, By Front-End Equipment, By Fab Facility Equipment, By Back-End Equipment, By Dimension, By Supply Chain Process, and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The semiconductor manufacturing equipment market encompasses the range of machinery, tools, and systems required for the production of semiconductor devices, covering processes such as wafer fabrication, lithography, etching, deposition, and metrology. Growing complexity in chip architectures and the transition toward sub-5nm nodes are major factors propelling the market expansion. Increasing demand for semiconductor manufacturing equipment is directly linked to advancements in high-performance computing, artificial intelligence, IoT ecosystems, and electric vehicle technologies, all of which require precision fabrication capabilities.
Semiconductor manufacturing equipment market trends show a critical shift toward advanced packaging technologies, such as 3D stacking and chiplet integration, requiring highly specialized manufacturing equipment to achieve performance gains and efficiency improvements. Technology miniaturization, the rising emphasis on heterogeneous integration, and the need for higher yield and defect control are further driving innovation in semiconductor manufacturing equipment. Opportunities are emerging in the development of EUV lithography systems, atomic layer deposition techniques, and AI-enhanced inspection and metrology tools, each critical for maintaining pace with increasingly stringent design specifications.
Sustainability initiatives aimed at reducing the environmental impact of chip manufacturing present new growth areas, including energy-efficient equipment and process optimization solutions. Strategic partnerships across the semiconductor value chain, coupled with continuous R&D investment, are fundamental to capturing competitive advantage in the evolving semiconductor manufacturing equipment industry landscape. The heightened focus on supply chain resilience and yield maximization ensures that the market remains central to the future of global technological advancement.
In terms of product type, in 2024, the logic segment accounted for the largest market share due to the surging demand for high-performance computing, artificial intelligence, and advanced data center operations.
Based on dimension, in 2024, the 2D ICs segment accounted for the largest share due to the maturity of traditional fabrication processes and the extensive infrastructure supporting planar technologies.
In 2024, the Asia Pacific held the largest market share due to the presence of an extensive, vertically integrated semiconductor supply chain anchored by countries such as Taiwan, South Korea, Japan, and China.
The North America semiconductor manufacturing equipment market is projected to experience the highest CAGR during the forecast period due to extraordinary national efforts to boost onshore semiconductor production capabilities.
A few of the global key market players are Advantest Corporation; Applied Materials Inc.; ASML; Cohu, Inc.; Dainippon Screen Group; EV Group (EVG); KLA Corporation; Lam Research Corporation; SCREEN Semiconductor Solutions Co., Ltd.; and Tokyo Electron Limited.
Polaris Market Research has segmented the market report based on product type, front-end equipment, fab facility equipment, back-end equipment, dimension, supply chain process, and region:
By Product Type Outlook (Revenue - USD Billion, 2020-2034)
Memory
MPU
Foundry
Logic
Discrete
Others
By Front-End Equipment Outlook (Revenue - USD Billion, 2020-2034)
Lithography
DUV
EUV
Wafer Surface Conditioning Equipment
Etching
Chemical Mechanical Planarization
Deposition
PVD
CVD
Cleaning Process
Single-Wafer Spray System
Single-Wafer Cryogenic System
Batch Immersion Cleaning System
Batch Spray Cleaning System
Scrubber
Other Equipment
By Fab Facility Equipment Outlook (Revenue - USD Billion, 2020-2034)
Automation
Chemical Control Equipment
Gas Control Equipment
Others
By Back-End Equipment Outlook (Revenue - USD Billion, 2020-2034)
Back-End Processes
Assembly and Packaging
Dicing Equipment
Bonding Equipment
Metrology Equipment
Test Equipment
By Dimension Outlook (Revenue - USD Billion, 2020-2034)
2D ICs
2.5D ICs
3D ICs
By Supply Chain Process Outlook (Revenue - USD Billion, 2020-2034)
IDM Firms
OSAT Companies
Foundries
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America