Semiconductor Manufacturing Equipment Market Share

APAC Market Analysis

The Asia Pacific semiconductor manufacturing equipment market is projected to be the largest with a share of about 35% by the end of the forecast period owing to the presence of a large number of semiconductor and electronics manufacturers in the region. Furthermore, the high utilization rate of smart devices and electronics primarily in countries such as China, India, Taiwan, and Japan has surged the demand for semiconductor manufacturing equipment. As per data by the India Brand Equity Foundation, by the end of 2025, the Indian electronics manufacturing industry is estimated to reach USD 520 billion.

North American Market Forecast

The North American semiconductor manufacturing equipment market is set to hold 24% of the revenue share by the end of the projected timeframe. The rapid growth of the semiconductor sector in the region along with the escalation in the usage of 5G, Internet of Things, AI, big data, cloud, and others. The United States semiconductor industry contributed USD 240 billion to the country’s gross domestic product (GDP) in 2020.