Market Monitor
Wafer Fab Equipment Market Monitor
By Yole Intelligence —
Wafer fab equipment revenue market should reach $124B in 2028, with a 5.3% CAGR.
YINTM23321
ATOTECH, Applied Materials, ASML, Lam Research, Tokyo Electron, KLA, Other Vendors, Screen, ASM, Kokusai, Global Zeus, NAURA, Semes, Canon, Hitachi High-Tech, Onto Innovation, Daifuku, Axcelis, EBARA, Murata, AMEC, Nova, Nikon, ACM Research, Wonik IPS, NuFlare, Veeco, PSK, ULVAC, Camtek, EV Group, Aixtron, SMEE, Raintree, Brooks Automation, Mattson Technology, Jingsheng Electromechanical, SUSS MicroTec, Bruker, LaserTec, Jusung, Jeol , DISCO, Evatec, Plasma-Therm, TES Co, Oxford Instruments, PVA TePla, Eugene Technology, KINGSEMI, KCTech, Canon ANELVA, Intekplus, ASM Pacific, Hwatsing, Rorze, Adaptive Plasma Technology, LPE, SAMCO, Nextin Solutions, Piotech, ZEISS, ACCRETECH, Shibaura, Panasonic, SHI, RENA, Gudeng Precision, Keysight, AP&S, GPT, Mycronic, Skytech, Leading Precision, SEMSYSCO, Amtech Systems, Rigaku, Dan Science, Trymax, Unity SC, TAZMO, UVAT, Nissin Ion, Park Systems, Taiyo Nippon Sanso, n&k Technology, Okamoto, KBTEM, APS, Siconnex, Amerimade, Frontier Semiconductor, CSD Epitaxy, Kinetics, Riber, Holon, Olympus, Hermes-Epitek, MKS, Linco, Revasum, Toyoko Kagaku, Toray, JST Manufacturing, JSXM, Trion Technology, EEJA, Gigalane, Vistec, Ushio, Auros Technology, Shimadzu, Thermco Systems, Trio-Tech, GRISH, Heidelberg, LOGITECH Limited, Intevac, Neutronix Quintel, Technic, Tystar, Rite Track, PacTech, RECIF, Singulus and more.
Discover the Q2 video here
Key Features
- 2016-2022 historical & 2023-2028 forecast for overall wafer fab equipment (USDM, system/chamber units, installed base) and service and support
- 2016-2022 historical & 2023-2025 forecast for device: memory, logic, specialty and advanced packaging.
- 2016-2022 historical & 2023-2025 forecast for process technologies: thinning and CMP, deposition, etch and clean, patterning, metrology and inspection, ion implantation and wafer bonding.
- Wafer fab equipment 2016-2022 historical market share with breakdown to device, process technologies and regions
What’s new?
Semiconductor Wafer Fab Equipment Monitor is a new Yole’s product watching the financial situation of semiconductor machinery on a quarterly bases.
Product objectives
- Provide historical data, market metrics and forecasts for semiconductor wafer fab equipment vendor revenue from equipment shipments as well as revenue generated from service and support.
- Update data quarterly with detailed semiconductor wafer fab equipment market analysis for device applications, process technology and regions.
- Provide historical market shares for semiconductor wafer fab equipment vendors with a breakdown to device application, process technology and region levels.
- In Q1 2023, we tracked 146 vendors with a detailed breakdown of their revenues by process technology.
- Analyze current semiconductor wafer fab equipment market state in terms of semiconductor chip revenue, capital expenditure (CapEx), macroeconomics and geopolitics.
- Considering the above, to forecast near-term revenue evolution.
This product completes the already large Monitor’s portfolio of the Yole Group, highlighting the semiconductor wafer fab equipment market with breakdown to their technologies:
- Thinning and CMP Equipment
- Deposition equipment, including CVD, PVD and electroplating
- Ion Implant equipment
- Etch and Clean equipment, including dry and wet technologies
- Patterning equipment, i.e. resist processing as well as photomask and wafer exposure
- Metrology & Inspection equipment
- Wafer bonders
- Other wafer processing equipment
What makes it unique?
Paving the way to a deeper understanding of the wafer processing equipment, Yole’s Wafer Fab Equipment Market Monitor brings:
- Market sizes by end-market: Mobile & Consumer, Auto & Mobility, Industrial, Medical, Defense & Aerospace, Telecom & Infrastructure
- Market breakdown to technologies of each wafer fab equipment segment
- An industrial landscape outlook and related key moves
- Quarterly forecasts to Q4 2024 and annual forecasts to 2028
- Quarterly vendor shares for key companies
- Full quarterly updates
- Regular access to analysts
Table of Contents
WFE Monitor Roadmap
Companies Cited in This Report
Executive Summary
Monitor Scope
Semiconductor device Market, CapEx and WFE
Wafer Fab Equipment market by process technology
- Market Dynamics
- Deposition Equipment
- Etching and Cleaning Equipment
- Patterning Equipment
- Metrology and Inspection Equipment
- Other Market Segments
Wafer Fab Equipment market by device application
- Market Dynamics
- Memory
- Logic
- Specialty / More-than-Moore
- Advanced Packaging
Equipment vendors & Market shares
- 2016-2022 Overall WFE Market
- 2016-2022 Service and Support
- 2016-2022 WFE Equipment only
- 2016-2022 Regional Breakdown
- 2016-2022 Focus on China
- Equipment Manufacturing Locations
- Market Shares by Process Technology
- Deposition Equipment
- Etch and Clean Equipment
- Patterning Equipment
- Metrology and Inspection Equipment
- Other Market Segments
- Market Shares by Device Application
- Memory
- Logic
- Specialty/More-than-Moore
- Advanced Packaging
Appendix 1: Definitions
Appendix 2: Public data and Yole estimates
Related products
About Yole Group
Weak Q2 2023 for wafer fab equipment fuels uncertainty across the entire semiconductor supply chain
After three consecutive years of record-breaking YoY growth, total wafer fab equipment (WFE) revenue is estimated to decrease by -8.2%, from $104B in CY2022 to $94B in CY2023. Following Q12023, the Q2-23 declined by -9% QoQ, while the Q3 2023 seems to stabilize at 0%. This decline is accompanied by lower order intake quarter by quarter. Nevertheless, we estimate a very high $20B-$25B revenue per quarter as the new normal and we hope that the revenue bottomed out. This decline is largely due to memory chipmakers postponing or even cancelling orders, despite long equipment lead times. Equipment vendors are successfully replacing these lost orders by WFE sales into mature logic or specialty devices (in particular compound semiconductor) and advanced packaging.
Process technologies proportion changes greatly in 2023: etch and clean, deposition, metrology and inspection revenue shows large decline while patterning segment outperforms (+24% YoY). Hence, we can expect significant changes into 2023 WFE market shares. Finally, service and support revenue is growing steadily at 1% YoY, driven by yearly increments in WFE installed base of +7% YoY.
Detailed analysis of semiconductor wafer fab equipment market and vendor market share
The Semiconductor Wafer Fab Equipment Market Monitor tracks the market for machinery used for wafer-level semiconductor device processing on a quarterly basis. This machinery is the backbone for all semiconductor ecosystems and an enabler for subsequent chip technology advancements and social digitization.
The monitor strives to understand overall wafer fab equipment vendor revenues in relation to semiconductor chipmaker revenue and CapEx. For that, the monitor tracks historical 2016-2022 evolution of wafer fab equipment revenues, the current quarterly data and provides insight for 2023-2028 revenue forecast. Furthermore, the monitor provides a wafer fab equipment revenue breakdown to equipment billing revenue as well as service and support revenue. Equipment billing revenue is further detailed with respect to device applications, process applications and regions. Finally, the monitor provides a detailed 2016-2022 market share for each of above-mentioned market segments.
