USD $175 Bn Opportunity in Semiconductor Manufacturing Equipment Market by 2027

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MarketsandMarkets Presents

USD 175 Bn Opportunity in Semiconductor
Manufacturing Equipment Market by
2027 Semiconductor Manufacturing Equipment
Market with COVID-19 Impact Analysis by Front-end
Equipment, Back-end Equipment, Fab Facility
Equipment, Product Type, Dimension, Supply Chain
Participant, Region - Global Forecast to
2027 https//www.marketsandmarkets.com/Market-Rep
orts/semiconductor-manufacturing-equipment-market-
263678841.html
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According to the new research report
the "Semiconductor Manufacturing Equipment Market
with COVID-19 Impact Analysis by Front-end
Equipment, Back-end Equipment, Fab Facility
Equipment, Product Type, Dimension, Supply Chain
Participant, Region - Global Forecast to
2027", published by MarketsandMarkets, the
global Semiconductor Manufacturing Equipment
Market was valued at USD 95.3 billion in 2021 and
is projected to reach USD 175.0 billion by 2027
it is anticipated to register a CAGR of 8.5
during the forecast period. Surging demand for AI
chips driven by future AI-driven workloads and
applications is propelling the demand for
semiconductor manufacturing equipment
worldwide. Browse 302 market data Tables and 79
Figures spread through 363 Pages and in-depth TOC
on "Semiconductor Manufacturing Equipment Market
- Global Forecast to 2027"
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By front-end equipment, the lithography
equipment segment is projected to hold the
largest share of Semiconductor Manufacturing
Equipment Market during the forecast period The
lithography equipment market is expected to hold
the largest share due to the globally increasing
demand for semiconductor devices. The rising
demand for semiconductor chips across various
end-use industries leads to the increased
adoption of photolithography equipment, which, in
turn, propels the growth of the lithography
segment. Key players in the Semiconductor
Manufacturing Equipment Market are also adopting
organic growth strategies to strengthen their
semiconductor manufacturing equipment product
portfolio. Ask PDF Brochure https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id263678841 By
back-end equipment, above wafer testing segment
is projected to witness the growth at higher CAGR
during the forecast period The wafer testing
segment is expected grow at the highest CAGR
during the forecast period. The growth is
attributed to the need of high-accuracy ICs.
Modern ICs need to incorporate multiple
functions, and the complex circuitry needs proper
testing equipment to achieve accuracy.
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By fab facility equipment, chemical control
equipment segment is projected to witness the
growth at higher CAGR during the forecast
period The chemical control equipment segment is
projected to grow at the highest CAGR during the
forecast period. Contamination control by
chemical control equipment has a significant
impact on the yield and equipment efficiency, as
these equipment provide repeated and reliable
delivery of pure chemicals during the
semiconductor manufacturing processes. Request
Free Sample Pages https//www.marketsandmarkets.c
om/requestsampleNew.asp?id263678841 By product
type, the memory segment to hold the highest
share of the Semiconductor Manufacturing
Equipment Market in 2022 The memory segment is
anticipated to hold the largest share of the
Semiconductor Manufacturing Equipment Market. An
increased use of memory ICs is anticipated in the
automotive sector due to the growing trend of
electric vehicles and autonomous vehicles.
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By dimension, the market for the semiconductor
manufacturing equipment with 3D ICs segment is
expected to grow at the highest CAGR during the
forecast period The Semiconductor Manufacturing
Equipment Market for 3D IC manufacturing is
expected to grow at the highest CAGR during the
forecast period. The increased demand for
improved functionalities in and miniaturization
of portable hand-held devices such as cell
phones, personal digital assistant (PDAs),
digital cameras, and laptop computers,
manufacturers and IDMs are expected to prefer 3D
ICs. By supply chain participant, the IDM firms
segment is projected to witness growth at the
highest CAGR and largest share The market for the
IDM firms segment is expected to grow at the
highest CAGR during the forecast period. The
segment also held the largest share of the
Semiconductor Manufacturing Equipment Market, as
most firms are tier 1 companies with substantial
RD spending, a vast customer base, and a
significant global presence. By region, APAC to
hold the largest share of the Semiconductor
Manufacturing Equipment Market throughout the
forecast period In 2021, the Semiconductor
Manufacturing Equipment Market in APAC held the
largest share and by 2027, it is expected to grow
at the highest CAGR during the forecast period.
The market is driven by continuous developments
in the semiconductor industry, expansion
activities by the market players in the region,
and financial support for the semiconductor
industry by Asian governments.
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