Global Semiconductor Manufacturing Equipment Sales to Reach $103 Bn in 2021

The growth is expected to continue with the global total semiconductor manufacturing equipment market expanding to $114 billion by 2022.

"Crossing the $100 billion mark in total semiconductor manufacturing equipment sales reflects the global semiconductor industry's concerted and exceptional drive to expand capacity to meet strong demand," said Ajit Manocha, SEMI president and CEO. "We expect continuing investments in the digital infrastructure buildout and secular trends across multiple end markets to fuel healthy growth in 2022."

Both the front-end (wafer fab) and back-end (assembly/packaging and test) semiconductor equipment segments are contributing to the global expansion.

The wafer fab equipment segment, which includes wafer processing, fab facilities, and mask/reticle equipment, is projected to expand 43.8% to a new industry record of $88 billion in 2021, followed by a 12.4% increase in 2022 to approximately $99 billion. Wafer fab equipment in 2023 is expected to decrease slightly by -0.5% to $98.4 billion.

The foundry and logic segments, accounting for more than half of total wafer fab equipment sales, will surge 50% year-over-year to reach $49.3 billion in 2021 driven by demand for both leading-edge and mature nodes.

The growth momentum is expected to continue in 2022 with the foundry and logic equipment investments rising 17%