Global semicon equipment market to hit US$43.4 billion in 2017, says SEMI

Global semicon equipment market to hit US$43.4 billion in 2017, says SEMI
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KUALA LUMPUR (Dec 14): Worldwide sales of new semiconductor manufacturing equipment are expected to grow 9.3% to US$43.4 billion, according to the U.S.-based Semioconductor Equipment and Materials International (SEMI).

In a statement on its website yesterday, SEMI said global sales are projected to increase 8.7% to US$39.7 billion in 2016, according to the SEMI Year-end Forecast.

The SEMI Year-end Forecast predicts that wafer processing equipment, the largest product segment by dollar value, is anticipated to increase 8.2% in 2016 to total US$31.2 billion.

It said the assembly and packaging equipment segment is projected to grow by 14.6% to US$2.9 billion in 2016 while semiconductor test equipment is forecast to increase by 16.0%, to a total of US$3.9 billion this year.

For 2016, Taiwan and South Korea are projected to remain the largest spending regions, with China joining the top three for the first time.

SEMI said Rest of World (essentially Southeast Asia), will lead in growth with 87.7%, followed by China at 36.6% and Taiwan at 16.8%.

SEMI also forecasts that in 2017, equipment sales in Europe will climb the most at 51.7%, to a total of US$2.8 billion, following a 10.0% contraction in 2016.

It  said in 2017, Taiwan, Korea and China are forecast to remain the top three markets, with Taiwan maintaining the top spot even with a 9.2% decline to total US$10.2 billion.

It said equipment sales to Korea are forecast at US$9.7 billion, while equipment sales to China are expected to reach US$7.0 billion.