Wafer Processing Equipment Market Size, Share, Trends, Industry Analysis Report: By Process, Application, End Users, and Region

Description

List of Tables

The wafer processing equipment market size is expected to reach USD 16.82 billion by 2034, according to a new study by Polaris Market Research. The report "Wafer Processing Equipment Market Size, Share, Trends, Industry Analysis Report: By Process (Deposition and Etch), Application, End Users, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Wafer processing involves the manufacturing of thin, circular discs known as wafers, which serve as the substrate for microelectronic devices like microprocessors and memory chips. This process includes several steps such as crystal growth, slicing, polishing, and the application of circuit layouts, all performed in clean room environments to ensure the high quality and purity of the silicon wafers used in semiconductor fabrication.

The wafer processing equipment market growth is driven by the rapid expansion of the Internet of Things (IoT). The surge in connectivity devices has heightened the demand for high-performance semiconductors, crucial for processing the large volumes of data generated by IoT devices. Additionally, the industries are adopting smarter technologies ranging from smart home systems to industrial sensors, due to which the demand for advanced integrated circuits has become critical. The integration of artificial intelligence in IoT applications is further amplifying the demand for sophisticated semiconductor solutions, thereby driving the need for wafer processing equipment.

Increasing investments and incentives in electronics manufacturing are expected to significantly propel the wafer processing equipment market expansion during the projected period. The global demand for electronic devices is rising, fueled by technological advancements and the growth of consumer electronics, due to which the demand for high-quality semiconductors is rising. These semiconductors, produced through advanced wafer processing techniques, are vital for various applications, from smartphones to automotive electronics.

Wafer Processing Equipment Market Report Highlights

Based on application, the cleaning segment is anticipated to dominate the global market during the forecast period due to the critical role of cleaning processes in ensuring high yields and quality in semiconductor manufacturing.

The etch process is expected to register the highest CAGR from 2025 to 2034 due to an increase in demand for sophisticated semiconductors and a rising trend of miniature semiconductors.

In 2024, North America dominated the global market for wafer processing equipment due to increasing demand for batteries for electric vehicles.

The wafer processing equipment market in India is projected for substantial growth due to increased investments and government funding for the automotive industry.

A few of the global key market players are Nikon Corporation, Tokyo Electron Limited, Lam Research Corporation, SPTS Technologies Ltd., Motorola Solutions, Inc., Applied Materials, Inc., Hitachi Kokusai Linear, Plasma-Therm, KLA Corporation, and DISCO.

Polaris Market Research has segmented the wafer processing equipment market research report on the basis of process, application, end users, and region:

By Process Outlook (Revenue - USD Billion, 2020-2034)

§ Deposition
§ Etch
§ Mass Technology
§ Strip and Clean

By Application Outlook (Revenue - USD billion, 2020-2034)

§ Grinding and Probing
§ Polishing
§ Edge Shaping
§ Cleaning
§ Dicing

By End Users Outlook (Revenue - USD billion, 2020-2034)

§ Computer
§ Communication
§ Consumer
§ Industrial
§ Others

By Regional Outlook (Revenue - USD billion, 2020-2034)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East and Africa

Product Code: PM5354

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Wafer Processing Equipment Market Insights

4.1. Wafer Processing Equipment Market - Market Snapshot
4.2. Wafer Processing Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increase in Government Investment in Electronics Device Manufacturing Are Driving Market Growth
  - 4.2.1.2. Expansion of Automotive Sector is Propelling Market Size
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Cost of Manufacturing
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Wafer Processing Equipment Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Wafer Processing Equipment Market, by Process

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
5.3. Deposition
- 5.3.1. Global Wafer Processing Equipment Market, by Deposition, by Region, 2020-2034 (USD Billion)
5.4. Etch
- 5.4.1. Global Wafer Processing Equipment Market, by Etch, by Region, 2020-2034 (USD Billion)
5.5. Mass Technology
- 5.5.1. Global Wafer Processing Equipment Market, by Mass Technology, by Region, 2020-2034 (USD Billion)
5.6. Strip and Clean
- 5.6.1. Global Wafer Processing Equipment Market, by Strip and Clean, by Region, 2020-2034 (USD Billion)

6. Global Wafer Processing Equipment Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
6.3. Grinding and Probing
- 6.3.1. Global Wafer Processing Equipment Market, by Grinding and Probing, by Region, 2020-2034 (USD Billion)
6.4. Polishing
- 6.4.1. Global Wafer Processing Equipment Market, by Polishing, by Region, 2020-2034 (USD Billion)
6.5. Edge Shaping
- 6.5.1. Global Wafer Processing Equipment Market, by Edge Shaping, by Region, 2020-2034 (USD Billion)
6.6. Cleaning
- 6.6.1. Global Wafer Processing Equipment Market, by Cleaning, by Region, 2020-2034 (USD Billion)
6.7. Dicing
- 6.7.1. Global Wafer Processing Equipment Market, by Dicing, by Region, 2020-2034 (USD Billion)

7. Global Wafer Processing Equipment Market, by End User

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
7.3. Computer
- 7.3.1. Global Wafer Processing Equipment Market, by Computer, by Region, 2020-2034 (USD Billion)
7.4. Communication
- 7.4.1. Global Wafer Processing Equipment Market, by Communication, by Region, 2020-2034 (USD Billion)
7.5. Consumer
- 7.5.1. Global Wafer Processing Equipment Market, by Consumer, by Region, 2020-2034 (USD Billion)
7.6. Industrial
- 7.6.1. Global Wafer Processing Equipment Market, by Industrial, by Region, 2020-2034 (USD Billion)
7.7. Other
- 7.7.1. Global Wafer Processing Equipment Market, by other, by Region, 2020-2034 (USD Billion)

8. Global Wafer Processing Equipment Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Wafer Processing Equipment Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Wafer Processing Equipment Market - North America
- 8.3.1. North America: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
- 8.3.2. North America: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. North America: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.3.4. Wafer Processing Equipment Market - U.S.
  - 8.3.4.1. U.S.: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.3.5. Wafer Processing Equipment Market - Canada
  - 8.3.5.1. Canada: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
8.4. Wafer Processing Equipment Market - Europe
- 8.4.1. Europe: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
- 8.4.2. Europe: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
- 8.4.3. Europe: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.4. Wafer Processing Equipment Market - UK
  - 8.4.4.1. UK: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.5. Wafer Processing Equipment Market - France
  - 8.4.5.1. France: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.6. Wafer Processing Equipment Market - Germany
  - 8.4.6.1. Germany: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.7. Wafer Processing Equipment Market - Italy
  - 8.4.7.1. Italy: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.8. Wafer Processing Equipment Market - Spain
  - 8.4.8.1. Spain: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.9. Wafer Processing Equipment Market - Netherlands
  - 8.4.9.1. Netherlands: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.10. Wafer Processing Equipment Market - Russia
  - 8.4.10.1. Russia: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.4.11. Wafer Processing Equipment Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
8.5. Wafer Processing Equipment Market - Asia Pacific
- 8.5.1. Asia Pacific: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.4. Wafer Processing Equipment Market - China
  - 8.5.4.1. China: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.5. Wafer Processing Equipment Market - India
  - 8.5.5.1. India: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.6. Wafer Processing Equipment Market - Malaysia
  - 8.5.6.1. Malaysia: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.7. Wafer Processing Equipment Market - Japan
  - 8.5.7.1. Japan: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.8. Wafer Processing Equipment Market - Indonesia
  - 8.5.8.1. Indonesia: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.9. Wafer Processing Equipment Market - South Korea
  - 8.5.9.1. South Korea: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.10. Wafer Processing Equipment Market - Australia
  - 8.5.10.1. Australia: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.5.11. Wafer Processing Equipment Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
8.6. Wafer Processing Equipment Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.6.4. Wafer Processing Equipment Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.6.5. Wafer Processing Equipment Market - UAE
  - 8.6.5.1. UAE: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.6.6. Wafer Processing Equipment Market - Israel
  - 8.6.6.1. Israel: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.6.7. Wafer Processing Equipment Market - South Africa
  - 8.6.7.1. South Africa: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.6.8. Wafer Processing Equipment Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
8.7. Wafer Processing Equipment Market - Latin America
- 8.7.1. Latin America: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.7.4. Wafer Processing Equipment Market - Mexico
  - 8.7.4.1. Mexico: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.7.5. Wafer Processing Equipment Market - Brazil
  - 8.7.5.1. Brazil: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.7.6. Wafer Processing Equipment Market - Argentina
  - 8.7.6.1. Argentina: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)
- 8.7.7. Wafer Processing Equipment Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Wafer Processing Equipment Market, by Process, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Wafer Processing Equipment Market, by Application, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Wafer Processing Equipment Market, by End User, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Nikon Corporation
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Tokyo Electron Limited
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Lam Research Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Spts technologies ltd.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Motorola Solutions, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Applied Materials, Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Hitachi kokusai linear
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Plasma- Therm
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. KLA Corporation
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. DISCO
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development