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Global Semiconductor Capital Equipment Market 2019-2023| Rising Number of Fabs Drive Growth | Technavio

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LONDON--(BUSINESS WIRE)--Dec 6, 2018--Technavio’s global semiconductor capital equipment market research report projects the market to grow at a CAGR of over 6% during the forecast period.

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Technavio has released a new market research report on the global semiconductor capital equipment market for the period 2019-2023 (Graphic: Business Wire)

The increased need for semiconductor memory devices will be one of the major trends in the during 2019-2023. The semiconductor device manufacturers have been shifting their focus from logic, analog, and discrete devices to memory devices such as 3D NAND and dynamic random-access memory (DRAM). This is primarily because the growth potential of the semiconductor memory devices market is considerably higher when compared with other semiconductor device markets.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key drivers for the global semiconductor capital equipment market will be the rising number of fabs:

Global semiconductor capital equipment market: Rising number of fabs

The semiconductor fabs are fabrication plants, which manufacture a range of semiconductor devices and components. The ICs are either designed in-house by firms called IDMs or manufactured by foundries as per the designs provided by clients. The demand for semiconductor components is increasing due to the increase in the number of applications of various emerging technologies such as loT and Al.

According to a senior analyst at Technavio for research on semiconductor equipment, “Several companies are also building new fabs owing to the highly competitive semiconductor market. They focus on introducing a new technology before competitors have driven the construction of new fabs. There will be a need for semiconductor capital equipment due to the increasing demand for ICs for various emerging applications such as autonomous cars and robotics.”

Global semiconductor capital equipment market: Segmentation analysis

This global semiconductor capital equipment market analysis report provides market segmentation by type (wafer-level manufacturing equipment, packaging and assembly equipment, and automated test equipment), and by region (the Americas, APAC, and EMEA). This report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the three major segments by type, the wafer-level manufacturing equipment segment held the largest semiconductor capital equipment market share in 2018, contributing to over 86% of the market. This segment will dominate the global market throughout the forecast period.

The APAC region held the largest share of the market in 2018, accounting for close to 71% share. It was followed by the Americas and EMEA respectively. The APAC region is expected to dominate the market throughout the period 2019-2023.

Looking for more information on this market?

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.

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.

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SOURCE: Technavio Research

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PUB: 12/06/2018 01:27 PM/DISC: 12/06/2018 01:27 PM