Semiconductor Manufacturing Equipment Market
Semiconductor Manufacturing Equipment Market

Semiconductor Manufacturing Equipment Market Size, Share, Growth & Forecast till 2027

According to the new research report published by The Insight Partners, titled “Global Semiconductor Manufacturing Equipment Market to 2027 – Global Analysis and Forecasts by Function, Application, Form and Geography.’ The semiconductor manufacturing equipment market accounted to US$ 62.10 Bn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 – 2027, to account to US$ 101.58 Bn by 2027.        

The Semiconductor Manufacturing equipment Market is highly competitive in nature with considerable number of players, having a high level of dominance over the overall revenue share. Most of the companies operating in the semiconductor manufacturing equipment market are present globally and have wide distribution and sales network through partnerships or authorized dealers.

The most prominent market players in semiconductor manufacturing equipment market are Advantest Corporation, Applied Materials, Inc., ASML Holding N.V., Hitachi High-Technologies Corporation, KLA Corporation, Lam Research Corporation, Rudolph Technologies, Inc., Screen Holdings Co., Ltd., Teradyne Inc., and Tokyo Electron Ltd. Including others for a considerable share of the market owing to their product offerings to the market.

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Market leaders are involved in extensive research for the development of new products with advanced technology. For instance, in 2018, Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc., announced a new co-investment initiative with Empire State Development (ESD), focusing on investing in promising Upstate New York startups for a wide range of emerging and established industries including artificial intelligence, semiconductors, advanced optics, life sciences, autonomous vehicles, clean energy and more.  Subsequently, the introduction of such advanced innovation is expected to provide this market with lucrative growth opportunities.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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