Latest News- Wafer-Level Manufacturing Equipment Market: Foundry is expected to lead the End-user segment during 2025-2029

The Wafer-Level Manufacturing Equipment Market is being driven by Growing demand for IoT devices

The Wafer-Level Manufacturing Equipment Market is expected to grow at a CAGR of 10.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 90 billion. The wafer-level manufacturing equipment market is experiencing significant growth due to the increasing adoption of large-diameter wafer sizes in the semiconductor industry. From a humble beginning of 23mm in 1960, wafer sizes have expanded to 300mm, resulting in a substantial reduction of up to 30% in manufacturing costs. The larger surface area of 300mm wafers enables the production of a higher number of chips, thereby bringing down production expenses. Memory manufacturers dominate the consumer base for 300mm wafers, while some leading semiconductor manufacturers are exploring the development of even larger 450mm wafers. However, the current IC requirements are effectively met with the utilization of 300mm, 200mm, 150mm, and 100mm wafer sizes. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Foundry
  • Memory
  • IDM
• Product
  • Wafer fab equipment
  • Wafer level packaging
• Technology
  • Photolithography equipment
  • Etching equipment
• Component
  • Equipment hardware
  • Software solutions
• Geography
  • APAC
    • China
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for IoT devices
• Increase in 5G investments
• Increasing investments in semiconductor manufacturing

However, the market also witnesses some limitations, which are as follows:

• Cyclical nature of semiconductor industry
• Increasing complexity of semiconductor IC designs
• Global shortage of semiconductor chips

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Market Scope in Wafer-Level Manufacturing Equipment Market Research Report

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Research Analysis Overview

The Wafer-Level Manufacturing Equipment Market in the semiconductor industry is driven by the production of Integrated Circuits, Microprocessors, Memory devices, and consumer electronics. Technologies such as Deposition, Lithography, Etching, and EU State aid, Public funding, and Private investments play a crucial role. Memory devices, IoT, 5G, AI, Extreme Ultraviolet, and Automation are key applications. Eco-friendly equipment, Foundry services, Wafer cleaning equipment, and varying Wafer sizes are essential components. The market is cyclical, with high initial costs and supply chain resilience. Semiconductor materials, Microprocessors, and Consumer electronics industries are significant end-users. The market is influenced by trends like 5G, AI, IoT, and the shift towards eco-friendly and automated equipment.

Market Research Overview

The semiconductor materials and equipment market encompasses companies engaged in the production of semiconductor materials and fabrication equipment, including wafer processing, mask/reticle manufacturing, wafer manufacturing, fab facilities equipment, assembly and packaging, and test equipment. According to Technavio, market size is determined by the revenue generated from these sectors. Factors driving market expansion include escalating investments in semiconductor fabrication, with the establishment of new integrated circuit (IC) manufacturing plants due to the surging global demand for microprocessors and ICs.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/