Market Monitor
Wafer Fab Equipment Market Monitor
By Yole Intelligence —
Wafer fab equipment revenue again outperforms semiconductor device revenue, preserving its level at $105B
YINTM24396
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Key Features
Annual and quarterly for 2016-2023 historical and 2024-2029 forecast market analysis of WFE-wafer fab equipment (USDM, system/chamber units, installed base, market share) and service and support with a market breakdown to:
- WFE process technologies: thinning and CMP, deposition, etch and clean, patterning, metrology and inspection, ion implantation and wafer bonding.
- WFE device: memory, logic, specialty, advanced packaging and bare wafer manufacturing.
- WFE regions : headquarters, shipment destination and assembly locations
- WFE market relation to semiconductor device revenue and CapEx.
What’s new?
This edition is enriched with analysis of SiC wafer fab equipment (WFE), breakdown of memory WFE to NAND and DRAM as well as the special focus on China..
Product objectives
- Provide historical data, current fast changing quarterly 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.
- We account more than 170 vendors (including acquired and merged) 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 and long-term wafer fab equipment revenue evolution.
ACCRETECH, ACM Research, Adaptive Plasma Technology, Aixtron, AMEC, Amerimade, Amtech Systems, AP&S, Applied Materials, APS, ASM, ASM Pacific, ASML, ATOTECH, Auros Technology, Axcelis, BeneQ, Brooks Automation, Bruker, Camtek, Canon, Canon ANELVA, centrotherm, ClassOne, Confovis, CSD Epitaxy, Cyber Technologies, Daifuku, Dan Science, DISCO, EBARA, EEJA, Epiluvac, Eugene Technology, EUV Tech, EV Group, Evatec, Fabmatics, FormFactor, Frontier Semiconductor, Gigalane, Global Zeus, GMC Semitech, GPT, GRISH, Gudeng Precision, Heidelberg, Hermes-Epitek, Hitachi High-Tech, Holon, HORIBA, Hwatsing,IMS Nanofabrication, Infinitesima, Intekplus, Intevac, Ion Beam Services, Jeol, Jingsheng Electromechanical, JST Manufacturing, JSXM, Jusung, KBTEM, KCTech, KDF, Keithley Instruments, Keysight Kinetics, KINGSEMI, KLA, Kokusai, Lam Research, Lasertec, Leading Precision, Leadmicro, Linco, LOGITECH Limited, LPE, Mattson Technology, MKS, Muetec, Muratec, Mycronic, n&k Technology, Nanotronics, NAURA, Nearfield Instruments, Neutronix Quintel, Nextin Solutions, Nikon, Nissin Ion, Nova, NuFlare, Okamoto, Olympus, Onto Innovation, Optorun, Oxford Instruments, PacTech, Panasonic, Park Systems, Picosun, Piotech, Plasma-Therm, PNC Systems, PSK, PVA TePla, Raintree, RECIF, RENA, Revasum, Riber, Rigaku, Rite Track, Rorze, SAMCO, SCREEN, Semes, SEMSYSCO, SHELLBACK, SHI, Shibaura, Shimadzu, Snhincron, Siconnex, Singulus, Skytech, Skyverse, SMEE, SUSS MicroTec, Taiyo Nippon Sanso, TAZMO, Techic, TES Co, Thermco Systems, Thermo Fisher, TKC, Tokyo Electron Toray, Toyoko Kagaku, Trion Technology, Trio-Tech, Trymax, Tystar, ULVAC, Unity SC, Ushio, UVAT, Veeco, Vistec, Wonik IPS, Yield Engineering, ZEISS, SEMILAB and more.
Table of Contents
Revisions Made in this Edition
Companies Cited in this Report
Monitor Scope
Executive Summary
Semiconductor Device Market, CapEx, and WFE
Wafer Fab Equipment Market by Process Technology
- Market Dynamics and Market Shares
- Deposition Equipment
- Etching and Cleaning Equipment
- Patterning Equipment
- Metrology and Inspection Equipment
- Other Market Segments
Wafer Fab Equipment Market by Device Application
- Market Dynamics and Market Shares
- Memory
- Logic
- Specialty/More-than-Moore
- Special focus on SiC
- Advanced Packaging
M&A, Capacity Expansions and News
Equipment Vendors and Market Shares
- Overall WFE Market
- 2022 Equipment Manufacturing Locations
- Shipment destinations
- Regional Breakdown
- Focus on China
Appendix: Definitions
Related products
About Yole Group
CY2023 flat after the record-CY2022, China shipments skyrocket amid US ban increase
Despite all odds and the downturn in memory CapEx, CY2023 was flat after the record wafer fab equipment (WFE) revenues in CY2022. 2024 is also expected to be flat in terms of absolute value and market shares without a major downturn before an expected WFE revenue increase in 2025 driven by memory and logic investments, where the more habitual WFE dynamics should apply.
The high CY2023 revenue results from record shipments to China that generated more than 30% of total WFE revenue despite the enlargement of the U.S. ban. In contrary, the U.S. ban is boosting China’s efforts for semiconductor manufacturing independence, resulting in a vibrant domestic ecosystem on all semiconductor fronts.
2023CY also saw much market share reshuffling for: WFE technologies with patterning taking the lead; WFE leadership with ASML (patterning tool provider) at the top of WFE leaders for equipment shipments and service and support; and finally, device applications that WFE serves, with the memory market share plummeting while advanced packaging, legacy logic, and specialty devices flourish.
Wafer Fab Equipment dynamics with market shares, equipment technologies, and devices
The Semiconductor Wafer Fab Equipment Market Monitor tracks the market for equipment used for wafer-level semiconductor device processing on a quarterly basis. This equipment is the backbone of all semiconductor ecosystems and enablers of subsequent chip technology advancements and social digitization.
The monitor tracks the wafer fab equipment vendor revenues in relation to semiconductor chipmaker revenue and CapEx. It tracks the evolution of wafer fab equipment revenues and market shares over 2016-2023, the current quarterly data until 2026, and provides insight into the 2024-2029 revenue forecast. Furthermore, the monitor provides the wafer fab equipment revenue broken down into equipment shipment revenue and service and support revenue. Equipment shipment revenue is further broken down by device application, process technologies, and region (equipment assembly, regional headquarters revenue, and shipment destinations).
