Semiconductor Equipment Sales to Reach Record Growth of 9.7% to $62B in 2018
December 12, 2018 | SEMIEstimated reading time: 1 minute
Releasing its Year-End Total Equipment Forecast at the annual SEMICON Japan exposition, SEMI, the global industry association representing the electronics manufacturing supply chain, today reported that worldwide sales of new semiconductor manufacturing equipment are projected to increase 9.7% to $62.1 billion in 2018, exceeding the historic high of $56.6 billion set last year. The equipment market is expected to contract 4.0% in 2019 but grow 20.7% to reach $71.9 billion, an all-time high.
The SEMI Year-end Forecast predicts wafer processing equipment will rise 10.2% in 2018 to $50.2 billion. The other front-end segment—consisting of fab facilities equipment, wafer manufacturing, and mask/reticle equipment—is expected to increase 0.9% to $2.5 billion this year. The assembly and packaging equipment segment is projected to grow 1.9% to $4.0 billion in 2018, while semiconductor test equipment is forecast to increase 15.6% to $5.4 billion this year.
In 2018, South Korea will remain the largest equipment market for the second year in a row. China will rise in the rankings to claim the second spot for the first time, dislodging Taiwan, which will fall to the third position. All regions tracked except Taiwan, North America, and Korea will experience growth. China will lead in growth with 55.7%, followed by Japan at 32.5%, Rest of World (primarily Southeast Asia) at 23.7%, and Europe at 14.2%.
For 2019, SEMI forecasts that South Korea, China, and Taiwan will remain the top three markets, with all three regions maintaining their relative rankings. Equipment sales in South Korea is forecast to reach $13.2 billion, in China $12.5 billion, and in Taiwan $11.81 billion. Japan, Taiwan and North America are the only regions expected to experience growth next year. The growth picture is much more optimistic in 2020, with all regional markets expected to increase in 2020, with the market increasing the most in Korea, followed by China, and Rest of World.
The attached results are in terms of market size in billions of U.S. dollars.
The Equipment Market Data Subscription (EMDS) from SEMI provides comprehensive market data for the global semiconductor equipment market. A subscription includes three reports:
- Monthly SEMI Billings Report, an early perspective of the trends in the equipment market
- Monthly Worldwide Semiconductor Equipment Market Statistics (SEMS), a detailed report of semiconductor equipment bookings and billings for seven regions and over 22 market segments
- SEMI Mid-Year Forecast, an outlook for the semiconductor equipment market
Suggested Items
Kitron's Q3 Results Reflect Global Market Dynamics
10/25/2024 | KitronKitron reported quarterly figures that are impacted by challenging markets but also demonstrate actions taken to adapt to market shifts by leveraging the group’s global capabilities.
IDC: Chinese Smartphone Market Continues Growth Streak with 3.2% Rise in 3Q24
10/25/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 3.2% year over year (YoY) to 68.8 million units in 3Q24.
Amphenol Reports Record Third Quarter 2024 Results
10/25/2024 | BUSINESS WIREThe Company continues to deploy its financial strength in a variety of ways to increase shareholder value. During the quarter, the Company purchased 2.7 million shares of its common stock for $176 million and paid dividends of $132 million, resulting in total capital returned to shareholders of $308 million.
Gartner Forecasts Worldwide IT Spending to Grow 9.3% in 2025
10/24/2024 | BUSINESS WIREWorldwide IT spending is expected to total $5.74 trillion in 2025, an increase of 9.3% from 2024, according to the latest forecast by Gartner, Inc.
Close to 50% of European and North American Homes Will be Smart by 2028
10/24/2024 | Berg InsightAccording to a new research report from the IoT analyst firm Berg Insight, the number of smart homes in Europe and North America reached 126.2 million in 2023.