Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $103 billion in 2021.
Surging by 44.7% from the previous industry record of $71 billion in 2020, according to SEMI’s Year-End Total Semiconductor Equipment Forecast – OEM Perspective released at SEMICON Japan 2021.
The growth is expected to continue with the global total semiconductor manufacturing equipment market expanding to $114 billion by 2022.
Both the front-end (wafer fab) and back-end (assembly/packaging and test) semiconductor equipment segments are contributing to the global expansion.
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%.
Strong enterprise and consumer demand for memory and storage is contributing to strength in DRAM and NAND equipment spending.
Regionally, China, Korea, and Taiwan are projected to remain the top three destinations for equipment spending in 2021.
China is projected to maintain the top position, which it claimed for the first time in 2020, while Taiwan is expected to regain the top position in the market in 2022 and 2023.