Lucintel's latest market report analyzed that semiconductor production equipment provides attractive opportunities in various supply chain processes, such as intregated device manufacturer (IDM), outsourced semiconductor assembly and test (OSAT), and foundry. The semiconductor production equipment market is expected to reach $162.7 billion by 2028 with a CAGR of 9.4%. In this market, front-end equipment is the largest segment by product type, whereas intregated device manufacturer (IDM) is largest by supply chain process.
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Based on product type, the semiconductor production equipment market is segmented into ront-end equipment and back-end equipment. The front-end equipment segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand for consumer electronic devices and growing usage of semiconductor parts in electric and hybrid vehicles.
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The Semiconductor Production Equipment Market is marked by the presence of several big and small players. Some of the prominent players offering semiconductor production equipment include Alsil Material, ASML Holdings, Screen Holdings, Teradyne Inc., Applied Materials, Veeco Instruments, KLA Corporation, Nikon Corporation, and Onto Innovation.
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