North America Semiconductor Manufacturing Equipment Market

Semiconductor manufacturing equipment market in North America is expected to grow from US$ 8.45 Bn in 2018 to US$ 13.17 Bn by the year 2027 with a CAGR of 4.7% from the year 2019 to 2027. 

Additionally, demand for numerous feature integrations onto a single device has led to complex circuit board designs of these electronics. As an example, a smartphone today includes features such as camera, calling function, torch, storage drives, and connectivity with other devices, compatible ports for connections, a multimedia player, and many other functions, etc. Similarly, other consumer electronic devices have been improving on similar lines propelling the semiconductor manufacturers for more miniaturization of the chips and integration of more functionalities. Smartphones lead the incorporations of semiconductor equipment into the devices.

The Wafer Manufacturing Equipment segment is the leading equipment type with the highest market share in North America semiconductor manufacturing equipment market. It includes single crystal manufacturing equipment, wafer processing equipment, inspection & metrology equipment, and others. The wafer manufacturing equipment is available in different forms and most of which are specific to growing, removing, depositing materials from the wafer. The increase in demand for semiconductor in various applications is expected to have a significant impact on the growth of wafer manufacturing equipment market.

The US dominated the semiconductor manufacturing equipment market in 2018 and is anticipated to lead the semiconductor manufacturing equipment market across the North American region through the forecast period, followed by Mexico and Canada. The figure given below highlights the revenue share of the Mexico in the North American semiconductor manufacturing equipment market in the forecast period:

Mexico Semiconductor Manufacturing Equipment Market Revenue and Forecasts to 2027 (US$ Bn)

NORTH AMERICA SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET SEGMENTATION

By Equipment Type

• Wafer Manufacturing Equipment
• Assembly & Packaging Equipment
• Test Equipment
• Others

By End-Use

• Semiconductor Fabrication Plant/Foundry
• Semiconductor Electronics Manufacturing
• Test Home

By Dimension

• 2D
• 2.5D
• 3D

By Country

• U.S.
• Canada
• Mexico

Semiconductor Manufacturing Equipment Market - Companies Mentioned

• Advantest Corporation
• Applied Materials, Inc.
• ASML Holding N.V.
• Hitachi High-Technologies Corporation
• KLA Corporation
• Lam Research Corporation
• Rudolph Technologies, Inc.
• Screen Holdings Co., Ltd.
• Teradyne Inc.
• Tokyo Electron Ltd.

North America Semiconductor Manufacturing Equipment Strategic Insights

Strategic insights for the North America Semiconductor Manufacturing Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Semiconductor Manufacturing Equipment Report Scope

North America Semiconductor Manufacturing Equipment Regional Insights

The geographic scope of the North America Semiconductor Manufacturing Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.