Portland, OR, Sept. 08, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global semiconductor production equipment market was pegged at $71.8 billion in 2020 and is estimated to hit $259.7 billion by 2030, registering a CAGR of 12.9% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
An increase in demand for electronics products, surge in inclination toward using hybrid circuits from medical, military, photonics, and wireless electronics applications fuel the growth of the global semiconductor production equipment market. On the other hand, fluctuations in the prices of raw materials restrain the growth to some extent. However, surge in the usage of LED circuits is anticipated to create lucrative opportunities for the key players in the industry.
Download Sample PDF (315 Pages with More Insight):
https://www.alliedmarketresearch.com/request-sample/8632
COVID-19 scenario-
- The extended lockdown measures in the majority of countries and significant delays in the manufacturing of semiconductor production equipment impacted the market negatively, especially during the initial phase.
- However, the global situation is getting better at a slow & steady pace, and with this drift on board, the market is expected to recoup soon.
The global semiconductor production equipment market is analyzed across product type, function, dimension, supply chain process, and region. Based on product type, the front-end equipment segment accounted for more than four-fifths of the total market share in 2020 and is expected to rule the roost from 2021 to 2030. The back-end equipment segment, however, would cite the fastest CAGR of 14.2% throughout the forecast period.
Get detailed COVID-19 impact analysis on the global semiconductor production equipment market Request here
Based on the dimension, the 3 dimension segment contributed to nearly half of the total market revenue in 2020 and is projected to lead the trail by 2030. The same segment would also exhibit the fastest CAGR of 14.3% during the forecast period.
Based on region, the market across Asia-Pacific held the major share in 2020, garnering more than four-fifths of the global market. The same region would also manifest the fastest CAGR of 13.4% from 2021 to 2030. The other provinces discussed in the report include North America, Europe, and LAMEA.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/8632
The leading market players analyzed in the global semiconductor production equipment market report include Applied Materials Inc., Intel Corporation, Micron Technology Inc., Qualcomm Technologies, Inc., Tokyo Electron Limited, AlsilMaterial, Samsung Group, ASML Holdings N.V., Screen Holdings Co., Ltd., and Teradyne Inc. These market players have incorporated different strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
Avenue Library Subscription | Request for 14 days free trial before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Similar Reports:
Magnetic Magnetometers Market: Global Opportunity Analysis & Industry Forecast, 2021-2028
Industrial Robotic Motors Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Cutting Discs Market: Global Opportunity Analysis and Industry Forecast, 2021-2028
Industrial brushes Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Air Motor Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn
