Semiconductor Capital Equipment Market Size

Semiconductor Capital Equipment Market size was over USD 86.72 billion in 2024 and is likely to reach USD 211.54 billion by the end of 2037, growing at around 7.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of semiconductor capital equipment is assessed at USD 91.65 billion. The increasing demand for digitalization in different sectors of industry, and the use of the Internet of Things (IoT) for digital devices. Around the globe, there are over 13 billion connected Internet of Things devices. By 2030, an estimated 25.4 billion devices for the Internet of Things are expected. In 2020, the number of Internet of Things devices exceeds that of non-IoT devices. The number of active Internet of Things platforms is over 400.

In addition, a major opportunity for semiconductor capital equipment manufacturers is expected to be provided by the rapid growth of the consumer electronics market. In order to satisfy the growing demand of this expanding market, it is important for chip manufacturers to have high quality equipment.