According to the latest market research study by Technavio, the global semiconductor production equipment market is expected to grow at a CAGR of close to 7% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global semiconductor production equipment market in terms of revenue and emerging market trends. The report also includes an up-to-date vendor analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the equipment type
Source: Technavio
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The top three revenue contributing equipment segments are discussed below
Wafer processing equipment: The wafer processing equipment segment in the global semiconductor production equipment market is anticipated to experience substantial growth in terms of revenue during the forecast period. The growth is attributed to the increased demand for advanced semiconductor chips.
“The equipment used to manufacture semiconductor chips is highly customized, and the cost of this manufacturing equipment is high. Such hefty expenditure is compelling the semiconductor chip manufacturers to invest heavily in wafer processing equipment,” says Chetan Mohan, a senior analyst at Technavio for research on semiconductor equipment.
Wafer processing involves many successive steps to attain the complex layers of conductor, semiconductor, and insulating material required to produce the desired electrical system. Wafer processing is divided into various separate processes, each of which requires its equipment.
Test equipment: The semiconductor testing industry consists of companies engaged in the production of semiconductor testing equipment and semiconductor testing services. There has been a rise in testing activities by semiconductor chip manufacturers owing to the augmented demand for accurate and error-free chips by the end-users.
Assembly and packaging equipment: Semiconductor assembly and packaging equipment require to be of high accuracy and stability. These encoder products should meet the diverse and demanding requirements of industrial automation.
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The top vendors operating in the global semiconductor production equipment market are:
- Applied Materials
- ASML
- KLA-Tencor
- LAM RESEARCH
- Tokyo Electron
The other prominent vendors in the market include ADVANTEST, ASM International, Contrel Technology, CSUN MFG., Gallant Precision Machining, Hitachi High-Technologies, Hitachi Kokusai Electric, KENMEC MECHANICAL ENGINEERING, Mirle Automation, Nikon, SCREEN Semiconductor Solutions, Usun Technology, and Teradyne.
A more detailed analysis is available in the Technavio report titled, ‘Global Semiconductor Production Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Semiconductor Micro Components Market 2017-2021
- Global Semiconductor Process Control Equipment Market 2016-2020
- Global Semiconductor Packaging Equipment Market 2016-2020
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