Press release

Global Semiconductor Capital Equipment Market 2019-2023 | 6% CAGR Projection Through 2023 | Technavio

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The global semiconductor capital equipment market is expected to post a
CAGR of more than 6% during the period 2019-2023, according to the
latest market research report by Technavio. Request
a free sample report

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Technavio has announced its latest market research report titled global semiconductor capital equipm ...

Technavio has announced its latest market research report titled global semiconductor capital equipment market 2019-2023. (Graphic: Business Wire)

The growing adoption of emerging technologies such as IoT and AI has
increased the applications of semiconductor components. In addition, the
surging demand for ICs from end-user industries such as automotive,
consumer electronics, healthcare, and military and aerospace has
compelled many companies to establish new semiconductor fabs. For
instance, in 2017, SAMSUNG announced its plans to establish a new fab
facility in Pyeongtaek, South Korea. The proliferation of semiconductor
fabs is increasing the overall semiconductor capacity, thereby driving
the demand for semiconductor capital equipment.

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As per Technavio, the increased need for semiconductor memory devices
will have a positive impact on the market and contribute to its growth
significantly over the forecast period. This research report also
analyzes other important trends and market drivers that will affect
market growth over 2019-2023.

Global Semiconductor Capital Equipment Market:
Increased Need for Semiconductor Memory Devices

The increasing need for memory devices is prompting semiconductor
manufacturers to shift their focus from logic, analog, and discrete
devices to memory devices such as 3D NAND and dynamic random-access
memory (DRAM). Many OEMs of smartphones, tablet PCs, PDA, and notebooks
are launching new products integrated with 3D NAND. Several 2D NAND
manufacturers are revamping their existing fabs to produce 3D NAND to
match the market demand for new memory devices. Therefore, the rising
demand for semiconductor memory devices is expected to positively impact
the growth of the market during the forecast period.

“Advances in wafer size and the rising demand for 14-nm/16-nm FinFET
technology will further boost market growth during the forecast period”,
says a senior analyst at Technavio.

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Global Semiconductor Capital Equipment Market:
Segmentation Analysis

This market report segments the global
semiconductor capital equipment market
by type
(wafer-level manufacturing equipment, packaging and assembly equipment,
and automated test equipment) and geography (Americas, APAC, and EMEA).

The APAC region led the market in 2018, followed by the Americas and
EMEA respectively. During the forecast period, the APAC region is
expected to maintain its dominance over the market. This is due to the
growth of Chinese smartphone manufacturers and the increasing demand for
fin field-effect transistor technology.

Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

  • Geographic comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company.
Their research and analysis focus on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 17,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.