PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1577594
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1577594
Wafer-Level Manufacturing Equipment
Global Wafer-Level Manufacturing Equipment Market to Reach US$177.8 Billion by 2030
The global market for Wafer-Level Manufacturing Equipment estimated at US$106.2 Billion in the year 2023, is expected to reach US$177.8 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2023-2030. Foundry End-Use, one of the segments analyzed in the report, is expected to record a 7.9% CAGR and reach US$103.1 Billion by the end of the analysis period. Growth in the IDM End-Use segment is estimated at 7.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$27.9 Billion While China is Forecast to Grow at 7.3% CAGR
The Wafer-Level Manufacturing Equipment market in the U.S. is estimated at US$27.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$28.3 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.1% and 6.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
Global Wafer-Level Manufacturing Equipment Market - Key Trends & Drivers Summarized
What Is Wafer-Level Manufacturing Equipment, and Why Is It Essential for Semiconductor Production?
Wafer-level manufacturing equipment refers to the machinery and systems used to process semiconductor wafers in the production of microchips and integrated circuits (ICs). These machines are critical in the semiconductor industry, enabling the fabrication of the tiny components that power a wide range of electronic devices, including smartphones, computers, and automotive systems. Wafer processing includes steps such as etching, deposition, lithography, and inspection, all of which require high-precision equipment to ensure the accuracy and functionality of the final semiconductor products. As demand for advanced electronics continues to grow, the semiconductor industry relies heavily on wafer-level manufacturing equipment to meet production demands and deliver the latest technological innovations.
How Are Technological Innovations Shaping Wafer-Level Manufacturing Equipment?
Technological innovations are driving significant advancements in wafer-level manufacturing equipment, making semiconductor production faster, more precise, and capable of supporting next-generation electronics. One of the key trends is the shift toward smaller node sizes in semiconductor fabrication, where equipment must handle increasingly complex and miniaturized designs. Advanced lithography systems, such as extreme ultraviolet (EUV) lithography, are enabling manufacturers to produce chips with incredibly small feature sizes, supporting the development of high-performance computing and 5G technologies. Additionally, innovations in automation and robotics are improving the throughput and accuracy of wafer processing, reducing the chances of defects and increasing overall production efficiency. As the semiconductor industry faces higher demand for performance and energy efficiency, these advancements in wafer-level manufacturing equipment are playing a critical role in meeting the needs of advanced technology sectors.
Why Are Growing Demand for Semiconductors and Technological Advancements Driving This Market?
The rapid growth of the semiconductor industry, driven by demand for consumer electronics, automotive technologies, and data centers, is fueling the need for wafer-level manufacturing equipment. The ongoing global digital transformation, with trends like 5G, artificial intelligence (AI), and the Internet of Things (IoT), has significantly increased the demand for smaller, more powerful semiconductors. As companies strive to stay competitive, they are investing in advanced manufacturing equipment to produce cutting-edge chips that can support these technologies. Moreover, the semiconductor industry is highly capital-intensive, with manufacturers continuously upgrading their equipment to improve production yields and reduce costs. The need for precision and efficiency in semiconductor manufacturing is also pushing the adoption of next-generation wafer-level equipment capable of supporting the development of smaller and more efficient chips.
What Is Driving the Growth of the Global Wafer-Level Manufacturing Equipment Market?
The growth in the global wafer-level manufacturing equipment market is driven by several factors, including the increasing demand for semiconductors, advancements in technology, and the rising adoption of next-generation electronics. One of the primary drivers is the growing demand for smaller, more efficient chips used in devices such as smartphones, laptops, and automotive systems, which require advanced manufacturing equipment capable of processing complex designs. Additionally, the global shift toward 5G networks, AI applications, and IoT infrastructure is boosting demand for high-performance semiconductors, further driving the need for cutting-edge wafer-level manufacturing equipment. Technological advancements in semiconductor fabrication, including EUV lithography and automation, are also contributing to market growth by enabling manufacturers to improve production yields and reduce defects. The expansion of semiconductor manufacturing capacity, particularly in regions like East Asia and the United States, is further fueling the market as companies invest in new facilities and upgrade existing production lines. These factors collectively ensure sustained growth in the wafer-level manufacturing equipment market.
Select Competitors (Total 46 Featured) -
- Advantest Corporation
- Applied Materials, Inc.
- ASML Holding N.V.
- Canon, Inc.
- Hitachi Power Solutions Co., Ltd.
- JEOL Ltd.
- KLA Corporation
- Lam Research Corporation
- Modutek Corporation
- Nissin Ion Equipment Co., Ltd.
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Wafer-Level Manufacturing Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Rising Demand for Advanced Semiconductors Throws Spotlight on the Growing Adoption of Wafer-Level Manufacturing Equipment
- Increasing Complexity of Integrated Circuits (ICs) Spurs Significant Growth in Demand for Wafer-Level Manufacturing Solutions
- Technological Advancements in Lithography and Etching Strengthen the Business Case for High-Precision Wafer-Level Manufacturing Equipment
- Expansion of 5G Networks and IoT Devices Expands Addressable Market for Wafer-Level Manufacturing in Microelectronics
- Rising Demand for Smaller, High-Performance Chips Fuels Growth in Wafer-Level Packaging and Manufacturing Solutions
- Increasing Adoption of Advanced Packaging Technologies Generates Demand for Wafer-Level Manufacturing Equipment in Semiconductor Production
- Technological Innovations in Extreme Ultraviolet (EUV) Lithography Strengthen Market for Next-Generation Wafer-Level Manufacturing Equipment
- Rising Focus on Yield Optimization and Defect Reduction Fuels Growth in Wafer-Level Manufacturing Equipment with Enhanced Quality Control
- Expansion of the Automotive Electronics Industry Drives Demand for Wafer-Level Manufacturing Equipment in Automotive Chip Production
- Growing Adoption of AI and Machine Learning in Semiconductor Manufacturing Propels Demand for Smart Wafer-Level Equipment
- Increasing Focus on Energy Efficiency and Heat Management in Chip Design Expands Market for Wafer-Level Manufacturing Solutions
- Rising Investment in Data Centers and Cloud Computing Drives Demand for Wafer-Level Manufacturing Equipment in High-Density Memory Production
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Wafer-Level Manufacturing Equipment Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 3: World Historic Review for Wafer-Level Manufacturing Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 4: World 16-Year Perspective for Wafer-Level Manufacturing Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Foundry End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 6: World Historic Review for Foundry End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 7: World 16-Year Perspective for Foundry End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for IDM End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 9: World Historic Review for IDM End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 10: World 16-Year Perspective for IDM End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 11: USA Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 12: USA Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 13: USA 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- CANADA
- TABLE 14: Canada Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 15: Canada Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 16: Canada 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- JAPAN
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 17: Japan Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 18: Japan Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 19: Japan 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- CHINA
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 20: China Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 21: China Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 22: China 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- EUROPE
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 23: Europe Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 24: Europe Historic Review for Wafer-Level Manufacturing Equipment by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 25: Europe 16-Year Perspective for Wafer-Level Manufacturing Equipment by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
- TABLE 26: Europe Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 27: Europe Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 28: Europe 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- FRANCE
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 29: France Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 30: France Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 31: France 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- GERMANY
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 32: Germany Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 33: Germany Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 34: Germany 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- ITALY
- TABLE 35: Italy Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 36: Italy Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 37: Italy 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- UNITED KINGDOM
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 38: UK Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 39: UK Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 40: UK 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- REST OF EUROPE
- TABLE 41: Rest of Europe Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 42: Rest of Europe Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 43: Rest of Europe 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- ASIA-PACIFIC
- Wafer-Level Manufacturing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 44: Asia-Pacific Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 45: Asia-Pacific Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 46: Asia-Pacific 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
- REST OF WORLD
- TABLE 47: Rest of World Recent Past, Current & Future Analysis for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 48: Rest of World Historic Review for Wafer-Level Manufacturing Equipment by End-Use - Foundry End-Use and IDM End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 49: Rest of World 16-Year Perspective for Wafer-Level Manufacturing Equipment by End-Use - Percentage Breakdown of Value Sales for Foundry End-Use and IDM End-Use for the Years 2014, 2024 & 2030
IV. COMPETITION
