According to a market report by Lucintel, the future of the global semiconductor equipment market looks promising with opportunities in the IDM, OSAT and foundry markets. The global semiconductor equipment market is expected to reach an estimated $157.4 billion by 2030 from $97.6 billion in 2024,at a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are technological advancements like artificial intelligence and 5G wifi, and consistent increase in the market for affordable, high-performance semiconductors and the need to increase wafer sizes for ultra-large-scale integration technologies, together with the downsizing of nodes and wafer sizes.
A more than 150-page report to understand trends, opportunity and forecast in semiconductor equipment market to 2030 by type (front-end equipment and back-end equipment), supply chain (IDM, OSAT, and foundry), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that automatic tensioner is expected to witness the higher growth over the forecast period as it ensures improved performance, enhanced safety, and reduced maintenance costs.
Within this market, passenger car will remain the largest segment due to rising demand for passenger cars rises in developing nations.
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APAC is expected to witness highest growth over the forecast period due to the increasing adoption of commercial vehicles and passenger cars in countries, such as China, India and Japan.
AB SKF, ABA Automotive, B and B Manufacturing, Bando Chemical Industries, Clark Pulley Industries, Continental, Dayco IP, Dorman Products, Gates Industrial, General Motors are the major suppliers in the semiconductor equipment market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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