Semiconductor Production Equipment Market Size | Industry Forecast 2025
Albany, NY -- (SBWIRE) -- 09/13/2017 -- Global market for semiconductor production equipment has been covered under the scope of this report. Semiconductor production equipment (SPE) is used in possibly the most advanced and complex manufacturing process in the world, which is, the production of semiconductor devices. Semiconductor products, such as memory devices and microprocessors are used in a wide range of devices such as personal computers, consumer electronics and telecommunications equipment.
Technologies used in semiconductor production equipment are constantly changing owing to the dynamic business environment and the rising demand for high performance semiconductors.
The demand for semiconductor production equipment is directly proportional to the demand for semiconductors, which, in turn, is proportional to the strength of the economy.
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The global semiconductor production equipment market, by equipment type, is classified into four categories: Assembly and packaging equipment, wafer processing equipment, test equipment, and other equipment. As of 2016, the wafer processing equipment contributed to the largest revenue share of global semiconductor production equipment market owing to its wide application areas in the production of semiconductors.
The global semiconductor production equipment market, by end-user, is segmented into foundry, semiconductor electronics manufacturer, testing house and others. As of 2016, semiconductor electronics manufacturer contributed to largest revenue share of a little short of 55% in the global market. The rise in demand for semiconductor electronics such as tablets, and smartphones, among others are likely to drive the growth of this segment during the forecast period.
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Regionally, the global semiconductor production equipment market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. By revenue, North America held the dominant share of 43.5% in 2016. The presence of several leading manufacturers as well as rapid advancements in technology are responsible for the dominance of this region. By revenue, Asia Pacific emerged as the second largest market in the same year, followed by Europe.
Some of the leading players in the semiconductor production equipment market are Applied Materials, Inc. (U.S.), Tokyo Electron Ltd. (Japan), ASML Holding, N.V. (Netherlands), Lam Research Corporation (U.S.), Hitachi, Ltd. (Japan), and Advantest Corporation (Japan). Some of the other companies operating in the market are KLA-Tencor Corporation (US), Teredyne (U.S.)