Global Semiconductor Manufacturing Equipment Market
Semiconductor Manufacturing Equipment Market Size And Forecast
According to Verified Market Research, the Global Semiconductor Manufacturing Equipment Market was valued at USD 47.28 billion in 2019 and is projected to reach USD 76.85 billion by 2027, growing at a CAGR of 6.75% from 2020 to 2027.
Global Semiconductor Manufacturing Equipment Market Outlook
Growing demands for consumer electronics is expected to fuel the market for semiconductor manufacturing equipment. The growth of the semiconductor industry is highly driven by the increasing demand for semiconductor chips from consumer electronic devices, medical devices, and sensor systems manufacturers. In more recent years, expanding middle-class, changing lifestyle preferences, growing inclination toward using smart electronic devices are among the primary factors driving the growth of consumer electronics. This suggests that the market growth rate for semiconductor manufacturing equipment will increase significantly over the forecast period.
Semiconductor Manufacturing Equipment Market Segmentation
The Global Semiconductor Manufacturing Equipment Market is classified on the basis of Dimension, Equipment Type, Fab Facility and Region. The gist of breaking down the market into various segments is to gather information about various aspects of the market.
Global Semiconductor Manufacturing Equipment Market Competitive Landscape
The “Global Semiconductor Manufacturing Equipment Market” study report offers a valuable insight with an emphasis on global market including some of the major players such as Applied Materials, ASML, KLA-Tencor, Lam Research, and Tokyo Electron, and other prominent players such as Screen Semiconductor Solutions, Hitachi Hightechnologies, Nikon, Hitachi Kokusai, ASM International, CSUN Manufacturing, Kenmec Mechanical Engineering, Mirle Automation, Gallant Precision Machining (GPM), Usun Technology, and Contrel Semiconductor Technology.
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