Already a member? Login to access this report free.
Report Highlights
The global market for semiconductor machinery manufacturing is expected to grow from $121.5 billion in 2024 and is projected to reach $223.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.0% during the forecast period of 2024 to 2029.
Report Includes
- 29 data tables and 54 additional tables
- An overview of the global market for semiconductor machinery manufacturing
- Analysis of global market trends, featuring revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2026, 2029 and projected CAGRs through 2029
- Evaluation of the current market size and revenue growth prospects, along with a market share analysis by equipment type, application, and region
- Coverage of the history and development of semiconductor machinery, a life cycle assessment, and the value chain processes for semiconductor machinery manufacturing
- An assessment of market dynamics and factors and recent innovations affecting the market
- Identification of the market segments with the highest growth potential
- Discussion of the major manufacturers in each region
- Profiles of leading market participants, including ASML Holding N.V., Applied Materials, Inc., Lam Research Corp., Tokyo Electron Ltd., and KLA Corp.
Report Scope
This report provides an overview of the global market for semiconductor machinery manufacturing and an analysis of market trends, updating the previous version of the report, which came out in 2018. Using 2023 as the base year, the report provides estimated market data for the forecast period 2024 through 2029. Revenue forecasts are segmented by equipment type, application and geographic region. In this report, the global market consists of four regions: North America, Europe, Asia-Pacific and the Rest of the World (RoW). The report covers emerging technologies and the current competitive landscape, and concludes with profiles of the major players in the market.
Note: ICs, which come in dimensions such as 2D, 2.5D and 3D, are built on semiconductor machinery; however, the scope of this report does not include a market breakdown by IC dimension, as some equipment is exclusive to either 2D or 3D IC production and some are not. Primary interviews with industry experts confirmed the possibility of overlap in equipment used for each IC dimension.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $116.4 billion | ||||||||||||||||
| Market size forecast | $223.8 billion | ||||||||||||||||
| Growth rate | CAGR of 13.0% for the forecast period of 2024-2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Equipment Type, Application, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||
| Countries covered | China, Taiwan, South Korea, Japan, U.S., Canada, Mexico, Germany, U.K., and France | ||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||
| Companies studied |
|
||||||||||||||||
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Related Reports
Semiconductor Devices for High-Temperature Applications: Market Opportunities
The global market for semiconductor devices for high-temperature applications is estimated to increase from $11.8 billion in 2024 to reach $18.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.4% from 2024 through 2029.
2024 Semiconductor Manufacturing Research Review
This 2024 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Physical Vapor Deposition (PVD): Global Markets
The global physical vapor deposition (PVD) market is expected to grow from $22.8 billion in 2024 to $33.1 billion by 2029, at a compound annual growth rate (CAGR) of 7.7% from 2024 through 2029.
Global Chiplets Market
This report assesses the chiplets market by processor, packaging technology, end-user, and regions. It also analyzes related companies and service providers. The report also discusses market dynamics, such as drivers, opportunities, and restraints. The study forecasts the market value ($ million) of chiplets for key geographies. The report also focuses on the key emerging technologies that will fuel their adoption in the near future.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Heat Pumps: Global Markets to 2030
The global market for heat pumps was valued at $88.4 billion in 2024 and is estimated to increase from $93.2 billion in 2025 to reach $134.8 billion by 2030, at a compound annual growth rate (CAGR) of 7.7% from 2025 through 2030.
2024 Manufacturing Research Review
This 2024 Research Review of manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Physical Vapor Deposition (PVD): Global Markets
The global physical vapor deposition (PVD) market is expected to grow from $22.8 billion in 2024 to $33.1 billion by 2029, at a compound annual growth rate (CAGR) of 7.7% from 2024 through 2029.
2023 Manufacturing Research Review
Global manufacturing industry is growing at a healthy rate over year on year and contributing to the global GDP New technologies like automation, 3D printing and surge in automobile and electronics production has elevated the manufacturing industry up to a higher level.
Water Heater: Global Markets
The global market for water heaters is estimated to increase from $23.7 billion in 2023 to reach $32.1 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 through 2029.
Top Trending Reports
Next-Generation Advanced Batteries: Global Markets
The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.
Global Pharmaceutical Drugs Industry: Competitive Landscape 2023
This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.
Global Markets and Manufacturing Technologies for Protein Drugs
The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.
Biologic Therapeutic Drugs: Technologies and Global Markets
The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Report Highlights
The global market for semiconductor machinery manufacturing should grow from $57.8 billion in 2018 to $114.4 billion by 2023, with a compound annual growth rate (CAGR) of 14.6% from 2018 to 2023.
Report Includes
- 78 data tables
- An overview of the global market and future demand growth for semiconductor machinery manufacturing
- Analyses of global market trends, with data from 2014-2018, and projections of compound annual growth rates (CAGRs) through 2023
- Country specific data and analysis for USA, China, Spain, Italy, France, India, Japan, Russia, Brazil, UK and Australia
- Information on wafer fabrication equipments including deposition, lithography and etching equipments
- Identification of major drivers and restraints on the global semiconductor machinery manufacturing market
- Company profiles of the major players in the market, including Applied Materials, Inc, ASML Holding N.V., Lam Research Corp., SCREEN Holdings Co., Ltd. ,and Tokyo Electron Ltd.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More