Skip to main content

Semiconductor Production Equipment Market Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow

The top five players held over 66% of the global Semiconductor Production Equipment Market, rendering its vendor landscape fairly consolidated. Despite the concentration of established players at the top, the competitive rivalry prevailing in the market is considerably high, finds Transparency Market Research (TMR) in a new study. “To remain ahead of curve, the market players are toying with diverse strategies,” revealed the TMR report’s author.

As these companies are operating under highly dynamic business environment, they are under constant pressure to innovate. Investments in R&D efforts are therefore high among enterprises aiming to remain competitive. Besides this, a majority of them are targeting at expanding their product portfolio and geographic footprint via mergers and acquisition.


Overall the global semiconductor production equipment market is expected to report a CAGR of 7.6% between 2017 and 2025. At this pace, the market will reach US$79.51 bn by the end of 2025, from its value of US$41.24 bn in 2016. In terms of revenue, semiconductor electronics manufacturers constituted the largest segment in the global semiconductor production equipment market with a share of a little short of 55% in 2016.

Regionally, North America emerged dominant, holding over 43.5% of the global market in terms of revenue in 2016. While the region is expected to remain the market lead through the forecast period, lucrative opportunities await enterprises also in the Asia Pacific semiconductor production equipment market. Recent surge in the production and demand for smart gadgets, electro-medical devices, network hardware, and wireless communication will be an aid to already flourishing the semiconductor production equipment markets in Asia Pacific and North America.


“The increasing electronics production worldwide is a chief driver of the global semiconductor production equipment market,” said a lead TMR analyst. Besides this, the rising demand from the Information Technology industry is aiding the market’s trajectory. The demand for semiconductor materials is rising as industries advance towards technological upgrades. For instance, advanced electronics controls almost every aspect of the automotive industry. The application of semiconductor materials is growing fast in consumer electronics industries as well. In addition, the surging demand for fitness wearable and IOT will enable the market gain momentum in the coming years. Also with the rising demand for semiconductor fabrication, the market will showcase accelerated pace of gains in the near future.

On the downside, the market is reeling under high setup cost. The cost of building a leading-edge semiconductor facility has risen considerably, discouraging emerging players to venture in the same. Subsequently the high setup cost of semiconductor facilities inhibits the market’s expansion to an extent. Moreover, paradigm shift towards Asia Pacific has created additional pressure on other manufacturers, thus negatively impacting the overall market.


Besides this, the growing demand for semiconductor miniaturizations is creating huddles for the overall market. The semiconductor industry is highly dynamic in nature owing to the persistent innovations. This in turn necessitates constant changes in the manufacturing process, which are unaffordable by a majority of small and medium enterprises.

Nevertheless, with latest innovations in semiconductor production equipment, it will be much easier for the market players to address aforementioned concerns. Also favorable government regulations, especially in Asia Pacific, the global semiconductor production equipment market will witness considerable growth opportunities in the near future.


Information included in the review is derived from a TMR report, titled “Semiconductor Production Equipment Market (Equipment Type - Assembly and Packaging Equipment, Wafer Processing Equipment, and Test Equipment; End-user - Foundry, Semiconductor Electronics Manufacturer, and Testing House) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025.”

Comments

Post a Comment

Popular posts from this blog

Mobile Printing Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Mobile printing let end-users print documents when they are in traditional network of away from it The mobile printing enables end-users to print from their devices to any mobile printing application enabled printer located in the office, public print location or at home. Mobile printing is wireless and provides high degree of efficiency to its end-users. It uses 802.11 networking or Bluetooth to communicate and can be used on both local area network (LAN) and wide area network (WAN). Thermal based technology is being used in mobile printing to provide high quality output. There are two types of thermal printing methods which are uses in mobile printing namely direct thermal and thermal transfer. With the help of mobile printing technology the security of the device and system will be enhanced, as an individual is able to set password to prevent unauthorized access, in case of remote printing over internet.. Furthermore, mobile printing reduces need for individual printers on every d
Post a Comment
Read more

Growing Industrialization will Influence the Oil Condition Monitoring Market Growth

Major players in the global oil condition monitoring market are Bureau Veritas, Intertek, Parker Hannifin Corporation, Castrol Limited, Spectro Analytical Instruments, General Electric Company, and Insight Services Unveils TestOil Oil is an important resource used in various machineries and engines in order to provide lubrication and for temperature regulation. After prolonged usage, oil starts to lose out on its properties and becomes less functional. Using such oil can damage the engine or machinery in which it is being used. Hence, it is necessary to keep a check on the condition of oil and replace or upgrade it after its optimum usage. Oil condition monitoring means keeping a timely check on the quality of oil that is being deployed in the system and taking the necessary steps so that the oil serves its purpose to the fullest. The monitoring also helps in increasing the efficiency of the machine, reduces downtime, and reduces cost, thereby increasing profits. Request A Sampl
Post a Comment
Read more

Communications Electronics Cooling Systems Market Growth to be Stimulated by Brisk Technological Expansions

The Electronic cooling systems have wide range of applications in many industrial domains for their nature of keeping the electronic device cool and maintain the temperatures optimally required by the device. There are various cooling techniques that includes heat sinks, thermoelectric coolers, forced air systems, fans, and heat pipes. However in case of low environmental temperatures, the devices may require to heat it to maintain the temperature required by the device to achieve satisfactory operation. Also the electronic circuits generate lots of heat and thus maintaining the temperature increases the reliability and shelf life of the device. These electronic cooling systems have wide applications in personal computers, soldering, batteries, and other electronic component and devices. There are software that are designed for thermal simulation of electronic devices. There are various methods through which heat is being sink in the devices that includes cold plates, fans, high condu
Post a Comment
Read more