On July 12, 2022, California time, SEMI released the Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON West 2022 Hybrid. According to the report, total global sales of semiconductor manufacturing equipment by original equipment manufacturers are expected to reach a record $117.5 billion in 2022, up 14.7% from $102.5 billion in 2021, and are expected to increase to $120.8 billion in 2023.

Both front-end and back-end semiconductor equipment markets are contributing to global growth. The wafer fabrication equipment segment, which includes wafer processing, wafer fabrication facilities, and reticle/mask equipment, is expected to grow 15.4% in 2022 to a new industry record of $101 billion and 3.2% in 2023 to reach $104.3 billion .

Ajit Manocha, President and CEO of SEMI, said: “The fab equipment segment is on track to reach the $100 billion milestone for the first time in 2022, based on the semiconductor industry’s determination to increase and upgrade capacity. Long-term trends in various markets, coupled with a strong focus on digital fundamentals Strong investment in facilities is driving another record year."

Driven by demand for leading-edge and mature process nodes, the foundry and logic segments are expected to grow 20.6% year-over-year to $55.2 billion in 2022 and another 7.9% to $59.5 billion in 2023. These two areas account for more than half of total fab equipment sales.

Strong demand for memory and storage continued to drive spending on DRAM and NAND equipment this year. The DRAM equipment market will be the first to expand in 2022 and is expected to grow 8% to $17.1 billion. The NAND equipment market is expected to grow 6.8 percent this year to $21.1 billion. DRAM and NAND equipment spending is expected to decline 7.7% and 2.4%, respectively, in 2023.

After surging 86.5% in 2021, the packaging equipment market is expected to grow by 8.2% to $7.8 billion in 2022 and decline slightly by 0.5% to $7.7 billion in 2023. The semiconductor test equipment market is expected to grow by 12.1% to $8.8 billion in 2022 and another 0.4% in 2023 due to demand for high-performance computing (HPC) applications.

Regionally, Taiwan, China and South Korea are expected to remain the top three equipment buyers in 2022. Taiwan is expected to regain the top spot in 2022 and 2023, followed by China and South Korea. Equipment spending in the rest of the world (ROW) tracked is expected to grow in both 2022 and 2023.

The following results reflect market size in billions of dollars by segment and application:

Source: SEMI July 2022, Equipment Market Data Subscription

Total equipment includes new wafer fab, test, and A&P. Total equipment excludes wafer manufacturing equipment. Totals may not add due to rounding.

The Equipment Market Data Subscription (EMDS) published by SEMI contains a wealth of information related to the global semiconductor equipment market. The three sub-reports include:

· SEMI's monthly North American Semiconductor Equipment Orders and Shipments Report (SEMI North American Billings Report) provides insights on equipment market trends.

· Monthly Worldwide Semiconductor Equipment Market Statistics (WWSEMS), which provides detailed semiconductor equipment orders and shipments data for 22 markets in 7 regions of the world.

· Total Semiconductor Equipment Forecast – OEM Perspective, which provides data on the semiconductor equipment market outlook.

For more details or subscription information, please contact SEMI Industry Research and Analysis Team szhang@semi.org, 021-60277636 or click here for more information online.