In a recent published report, Kenneth Research has updated the market report for Semiconductor Manufacturing Equipment Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Semiconductor Manufacturing Equipment Market products.
Kenneth Research has published a detailed report on Semiconductor Manufacturing Equipment Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.
The global Semiconductor Manufacturing Equipment Market was valued at USD 39.02 billion in 2016 and is projected to reach USD 70.2billion by 2025, growing at a CAGR of 6.75% from 2017 to 2025.
Semiconductor manufacturing is a complex process where assurance of quality is where crucial. The equipment used ensures wafer fab, assembling of semiconductor parts and testing of the entire device. The market is expected to grow in forecast period due to increasing demand of electronics and gadget services.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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1. Market Drivers
1.1 Growing activities in research and development
1.2 Increasing demand for electric and hybrid vehicles
1.3 Increasing penetration of consumer electronics market
1.4 Growing number of foundries
2. Market Restraints
2.1 High initial cost and maintenance
2.2 Functional defects during manufacturing
2.3 Complexity of devices
1. Global Semiconductor Manufacturing Equipment Market, by Dimension:
2. Global Semiconductor Manufacturing Equipment Market, by Fab Facility:
2.2 Chemical Control Equipment
2.3 Gas Control Equipment
3. Global Semiconductor Manufacturing Equipment Market, by Front End Equipment:
3.1 Cleaning Process
3.1.1 Single-Wafer Spray System
3.1.2 Single-Wafer Cryogenic System
3.1.3 Batch Immersion Cleaning System
3.1.4 Batch Spray Cleaning System
3.2 Water Surface Conditioning Equipment
4. Global Semiconductor Manufacturing Equipment Market, by Back End:
4.1 Dicing Equipment
4.2 Bonding Equipment
4.3 Metrology Equipment
4.4 Test Equipment
4.5 Assembly and Packaging
4.5.2 Packaging equipment
5. Global Semiconductor Manufacturing Equipment Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. Tokyo Electron Limited
2. LAM Research Corporation
3. ASML Holdings N.V.
4. Applied Materials Inc.
5. KLA-Tencor Corporation.
6. Screen Holdings Co., Ltd.
7. Teradyne Inc.
8. Advantest Corporation
9. Hitachi High-Technologies Corporation.
11. Rudolph Technologies, Inc
12. Startup Ecosystem
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Semiconductor Manufacturing Equipment Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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