Semiconductor Manufacturing Equipment Market Report 2026

The semiconductor manufacturing equipment market size has grown strongly in recent years. It will grow from $122.22 billion in 2025 to $134.21 billion in 2026 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to growth of global semiconductor demand, expansion of early wafer fabrication technologies, increased adoption of integrated circuits, rise in consumer electronics production, development of large scale foundry operations.

The semiconductor manufacturing equipment market size is expected to see strong growth in the next few years. It will grow to $196.07 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to surge in advanced node manufacturing requirements, rising demand for AI chips and processors, growth of 3d and 2.5d packaging technologies, increasing investment in domestic semiconductor fabs, expansion of equipment automation and robotics integration. Major trends in the forecast period include rising adoption of fully automated wafer fabrication, increasing integration of AI driven process control systems, growth in cybersecure semiconductor production technologies, expansion of iot enabled equipment monitoring, advancements in robotics assisted assembly and packaging.

The semiconductor manufacturing equipment market is expected to grow due to the increasing number of IoT-linked devices. IoT-linked devices, embedded with sensors and actuators, depend on semiconductor-based microchips produced with semiconductor manufacturing equipment. Ericsson reported 1.3 billion broadband IoT connections in 2022, with Northeast Asia projected to exceed 2 billion connections by 2023. The rising number of IoT-linked devices contributes to the growth of the semiconductor manufacturing equipment market.

The major companies in the semiconductor manufacturing equipment market are developing innovative products, such as bevel solutions, to expand their customer bases and increase revenue. In June 2023, Lam Research Corporation, a US-based semiconductor manufacturing company, launched Coronus DX, the industry's pioneering bevel deposition solution. This solution addresses critical manufacturing challenges in next-generation logic, 3D NAND, and advanced packaging applications by applying a protective film to both sides of the wafer edge, enhancing yield rates and enabling chipmakers to adopt cutting-edge processes seamlessly.

In January 2023, Cohu Inc., a US-based provider of semiconductor test and inspection equipment and services, acquired MCT Worldwide LLC for an undisclosed sum. Through this acquisition, Cohu aimed to broaden its semiconductor test handling portfolio and reinforce its position in the thermal handler market by utilizing MCT’s advanced thermal test solutions and global client base. MCT Worldwide LLC is a US-based provider of semiconductor handling equipment, specializing in test handlers and thermal test solutions for the semiconductor industry.

Major companies operating in the semiconductor manufacturing equipment market are Panasonic Corporation, Canon Machinery Inc., Applied Materials Inc., ASML Holding N.V., Lam Research Corporation, Tokyo Electron Ltd., KLA Corporation, Advantest Corporation, MKS Instruments Inc., Teradyne Inc., Oerlikon Group, ASM International, Onto Innovation Inc., Ferrotec Holdings Corporation, Tokyo Seimitsu Co Ltd., FormFactor Inc., AMEC plc, Veeco Instruments Inc., Plasma-Therm LLC, Hitachi High-Tech Group., Dainippon Screen Mfg. Co Ltd., SVXR LLC, DNSO SAS, SPTS Technologies Ltd.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on semiconductor machinery, precision parts, and critical raw materials have raised operational costs for fabrication plants and slowed equipment deployment timelines, especially in Asia Pacific and North America where major foundries operate. These tariffs disrupt supply chains for front end and back end equipment, affecting memory, logic, and foundry segments. However, they have also encouraged reshoring of semiconductor manufacturing, stimulated regional equipment production, and accelerated innovation in localized component sourcing to reduce tariff exposure.

The semiconductor manufacturing equipment market research report is one of a series of new reports that provides semiconductor manufacturing equipment market statistics, including semiconductor manufacturing equipment industry global market size, regional shares, competitors with a semiconductor manufacturing equipment market share, detailed semiconductor manufacturing equipment market segments, market trends and opportunities and any further data you may need to thrive in the semiconductor manufacturing equipment industry. This semiconductor manufacturing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Semiconductor manufacturing equipment refers to the tools used in processes such as manufacturing, fabrication, assembly and packaging, dicing, metrology, bonding, and water testing of integrated circuits (IC) chips, memory chips, and semiconductor wafers.

The primary products of semiconductor manufacturing equipment include memory, foundry, logic, MPU (microprocessors), discrete, analog, and MEMS (micro-electromechanical systems). Memory refers to semiconductor memories storing digital information through integrated circuit technology, employing front-end and back-end equipment with 2D, 2.5D, and 3D dimensions for various applications in semiconductor fabrication plants or foundries, semiconductor electronics manufacturing, and test homes.Asia-Pacific was the largest region in the semiconductor manufacturing equipment market in 2025. The regions covered in the semiconductor manufacturing equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the semiconductor manufacturing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The semiconductor manufacturing equipment market consists of sales of DUV lithography, EUV lithography, single-wafer spray systems, single-wafer cryogenic systems, batch immersion cleaning systems, water surface conditioning equipment, batch spray cleaning systems, etching, scrubbers and other semiconductor manufacturing equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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