Report Description
The global wafer–level manufacturing equipment market size was valued at USD 3204.84 million in 2022 and is projected to reach USD 6846.47 million by 2031 at a CAGR of 8.8% during the forecast period 2023-2031. The growth of the market is attributed to industrialization in telecommunication industry.
The wafer-level manufacturing equipment is used for the production of semiconductor wafers, which includes process such as etching, lithography, stripping, inspection, and packaging. Growing number of applications of semiconductors ICs across different segments is driving the market. Wafer fabrication helps building components with required electrical structures.
Wafer manufacturing process involves individual steps for resistors, transistors, conductors, and other electronic components. Rapid industrialization has increased the demand for wafer level manufacturing equipment. Packaging of the chips is called ball grid array (BGA) which is further segmented into plastic substrate (PBGA), ceramic substrate and taper (TGBA).
Two types of semiconductors used are primary flat and secondary flat. Secondary flat is 180 degrees. Single side polished wafer is comparatively priced less as compared to double side polished wafer. Wafers are designed according to its industrial and product need. Silicon dioxide is used in the wafer manufacturing which gives slight brown color to it.
The Covid-19 pandemic affected the demand and supply of the market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing usage in flip chip manufacturing is projected to boost the market.
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Rapid growth in applications of semiconductor ICs in IoT is the major factor driving the market.
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High initial capital investment cost is anticipated to hinder the market growth.
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R&D investment and technological advancement in wafer level manufacturing is estimated to create lucrative opportunities for the market playes.
Scope of Wafer level Manufacturing Equipment Market Report
The report on the global wafer level manufacturing equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Wafer level manufacturing equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Wafer Fab Equipment, Wafer-Level Packaging, and Assembly Equipment) and Applications (Foundry, Memory, and IDM)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Applied Materials, ASML, TEL, Lam Research, Canon, and Hitachi.
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Wafer–level Manufacturing Equipment Market Segment Insights
The wafer fab equipment segment to hold major market share
Based on types, the global wafer level manufacturing equipment market is segmented as wafer fab equipment, wafer-level packaging, and assembly equipment. Wafer fab is a process of production of photonic and electrical circuits which include LEDs, RF (radio frequency) amplifiers, and optical computer components. Wafer fab helps in building components with required electrical structures.
Wafer-level packaging involves attaching the top and bottom outer layers of packaging and the solder bumps to integrated circuits while still in the wafer, and then dicing the wafer.
The foundry segment is projected to expand at a high CAGR during the forecast period
On the basis of applications, the wafer level manufacturing equipment market is fragmented into foundry, memory, and IDM. The foundry segment is estimated to hold major market share during the forecast period. Wafer manufacturing equipments are used in foundry, to design the chips according to consumer needs. As each and every industry requirement is different, wafer manufacturing equipment helps to develop chips according to device.
The market in North America is projected to hold a major market share
In terms of regions, the global wafer level manufacturing equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is subjected to hold major share during the forecast period. Several IT and mobile industries in the region use automation in the production. This enabled the North American market to boost its market hold in global market.
The market in Asia Pacific is expected to grow at a significant rate, due to rising consumer market and manufacturing. China is currently leading in the wafer level manufacturing in Asia Pacific.
Segments
The global wafer manufacturing equipment market is segmented on the basis of
Types
- Wafer Fab Equipment
- Wafer-level Packaging
- Assembly Equipment
Applications
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Applied Materials
- ASML
- TEL
- Lam Research
- Canon
- Hitachi
Competitive Landscape
Major players in the global wafer level manufacturing equipment market include Applied Materials, ASML, TEL, Lam Research, Canon, and Hitachi.
Companies are engaging in mergers, acquisitions and partnerships to extend their market share. Moreover they are focusing on expanding their product portfolio to leverage their market position. Global sales of wafer processing equipment rose 19% in 2020, while other front-end segment sales grew 4%. Assembly and packaging showed strong growth across all regions, resulting in a 34% increase, while total test equipment sales increased 20% in 2020.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wafer level Manufacturing Equipment Market Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wafer level Manufacturing Equipment Market Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wafer level Manufacturing Equipment Market Market - Supply Chain
4.5. Global Wafer level Manufacturing Equipment Market Market Forecast
4.5.1. Wafer level Manufacturing Equipment Market Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wafer level Manufacturing Equipment Market Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Wafer level Manufacturing Equipment Market Market Absolute $ Opportunity
5. Global Wafer level Manufacturing Equipment Market Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Types
5.3.1. Wafer Fab Equipment
5.3.2.
Wafer-level Packaging
5.3.3.
Assembly Equipment
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Wafer level Manufacturing Equipment Market Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Applications
6.3.1. Foundry
6.3.2.
Memory
6.3.3.
IDM
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Wafer level Manufacturing Equipment Market Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Wafer level Manufacturing Equipment Market Demand Share Forecast, 2019-2026
8. North America Wafer level Manufacturing Equipment Market Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Types
8.4.1. Wafer Fab Equipment
8.4.2.
Wafer-level Packaging
8.4.3.
Assembly Equipment
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Applications
8.7.1. Foundry
8.7.2.
Memory
8.7.3.
IDM
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Wafer level Manufacturing Equipment Market Demand Share Forecast, 2019-2026
9. Latin America Wafer level Manufacturing Equipment Market Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Types
9.4.1. Wafer Fab Equipment
9.4.2.
Wafer-level Packaging
9.4.3.
Assembly Equipment
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Applications
9.7.1. Foundry
9.7.2.
Memory
9.7.3.
IDM
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Wafer level Manufacturing Equipment Market Demand Share Forecast, 2019-2026
10. Europe Wafer level Manufacturing Equipment Market Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Types
10.4.1. Wafer Fab Equipment
10.4.2.
Wafer-level Packaging
10.4.3.
Assembly Equipment
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Applications
10.7.1. Foundry
10.7.2.
Memory
10.7.3.
IDM
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Wafer level Manufacturing Equipment Market Demand Share Forecast, 2019-2026
11. Asia Pacific Wafer level Manufacturing Equipment Market Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Types
11.4.1. Wafer Fab Equipment
11.4.2.
Wafer-level Packaging
11.4.3.
Assembly Equipment
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Applications
11.7.1. Foundry
11.7.2.
Memory
11.7.3.
IDM
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Wafer level Manufacturing Equipment Market Demand Share Forecast, 2019-2026
12. Middle East & Africa Wafer level Manufacturing Equipment Market Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Types
12.4.1. Wafer Fab Equipment
12.4.2.
Wafer-level Packaging
12.4.3.
Assembly Equipment
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Wafer level Manufacturing Equipment Market Market Size and Volume Forecast by Applications
12.7.1. Foundry
12.7.2.
Memory
12.7.3.
IDM
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Wafer level Manufacturing Equipment Market Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Wafer level Manufacturing Equipment Market Market: Market Share Analysis
13.2. Wafer level Manufacturing Equipment Market Distributors and Customers
13.3. Wafer level Manufacturing Equipment Market Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Applied Materials
13.4.2.
ASML
13.4.3.
TEL
13.4.4.
Lam Research
13.4.5.
Canon
13.4.6.
Hitachi