© 2016 Global Market Insights, Inc. USA. All Rights Reserved Semiconductor Manufacturing Equipment Market Size will witness a rapid growth to 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Semiconductor Manufacturing Equipment Market size will develop rapidly from 2019 to 2025 led by increasing demand for semiconductor applications in automotive, consumer goods, and electronics industries. The growing number of data centers & servers across the globe is driving the utilization of semiconductors for energy-saving applications, contributing to industry development.  The industry growth is attributed to the rising demand for semiconductor chips in electric vehicles, solar panels, wind turbines, and smart panels. The growing consumer electronics industry across the globe due to the rise in the household disposable income is increasing the demand for semiconductors across the globe, providing lucrative growth opportunities to the semiconductor manufacturing equipment market. Key Insights Semiconductor Manufacturing Equipment Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  The demand for semiconductors is increasing in IoT devices such as smart wearables, smart homes, and smart TVs. The growing utilization of IoT technologies across industries will drive market growth. However, the major factor restraining market growth is the high cost and maintenance associated with these devices. Technical problems, such as wafer fab processing and scheduling of wafers, are faced during the fabrication process of this equipment, hampering the semiconductor manufacturing equipment market expansion.  The lithography equipment segment is expected to grow at higher rates over the forecast period. The growth is attributed to extensive research & development in the field. As per the data shared by the Semiconductor Industry Association, in 2018, the global semiconductor industry accounted for over USD 450 billion. The demand for semiconductors is increasing in telecommunication, automotive, consumer durables, and memory devices, rising the demand for cost-effective Integrated Circuit (IC) manufacturing systems.

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market research reports: Key analytical components

Major Companies in Semiconductor Manufacturing Equipment Market : Applied Materials Inc. ASML Holdings N.V. Tokyo Electron Ltd. Hitachi High-Technologies Corporation Teradyne Inc. LAM RESEARCH Corporation Advantest Corporation

© 2016 Global Market Insights, Inc. USA. All Rights Reserved The Asia Pacific semiconductor manufacturing equipment market is expected to witness high growth owing to growth in the semiconductor industry and the presence of a number of equipment manufacturers. The rising financial support from Asian governments is encouraging companies to invest in the construction of new semiconductor fabrication plants in the region. The Indian government is supporting the construction of semiconductor fabrication facilities by using the emerging technology of Gallium Nitride semiconductor fab. Additionally, in May 2018, the Chinese government announced the investment of USD 50 billion to improve its ability to design, develop, and manufacture semiconductor chips. Such initiatives by governments are expected to contribute to the market growth in the region. Additionally, the rising demand for smartphones, tablets, and PCs in Japan, India, and China due to the growing number of technologically aware population will drive the demand for advanced semiconductor chips in the region. Regional Insights Semiconductor Manufacturing Equipment Market:

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