"This Year's Global Semiconductor Equipment Sales Down 19%... Recovery Expected Next Year"

This Year's DRAM Equipment Sales Decrease by 28%

The Semiconductor Equipment and Materials International (SEMI) announced on the 13th that global semiconductor equipment sales are expected to reach $87.4 billion this year, down 18.6% from last year's $107.4 billion. Next year, equipment sales in both semiconductor front-end and back-end processes are projected to increase, surpassing $100 billion.

Ajit Manocha, CEO of SEMI, stated, "The semiconductor equipment market experienced a correction in 2023 amid the global economic downturn, but it will strongly rebound in 2024. Especially, the long-term growth outlook remains solid due to demand for advanced applications."

Sales in the fab equipment sector, which includes wafer processing, fab (factory) facilities, and mask and reticle equipment, are expected to decline by 18.8% this year to $76.4 billion. Next year, sales are projected to increase by 14.8% to $87.8 billion.

This Year's Semiconductor Equipment Sales Forecast by Sector /
[Image Courtesy of SEMI]

Sales in the back-end equipment sector will also decrease. This year, semiconductor test equipment sales are expected to drop 15% to $6.4 billion, and assembly and packaging equipment sales are forecasted to decline 20.5% to $4.6 billion. In 2024, sales in the test equipment and assembly and packaging equipment sectors are expected to grow by 7.9% and 16.4%, respectively.

Sales of semiconductor equipment for foundry and logic applications, which account for more than half of total wafer fab equipment sales, are expected to decrease by 6% this year to $50.1 billion. Next year, the market size may increase by 3%.

DRAM equipment sales are projected to decline 28% this year to $8.8 billion due to weak consumer and enterprise demand related to memory and storage. Next year, sales are expected to rise 31% to $11.6 billion. NAND equipment sales are forecasted to drop 51% this year to $8.4 billion, then surge 59% next year to $13.3 billion.

By region, China, Taiwan, and Korea are expected to remain the top three countries in equipment spending this year and next. There is also a prediction that Taiwan will rank first this year, while China may take the top spot next year. Semiconductor equipment sales in most regions are expected to decline this year and increase next year.

This content was produced with the assistance of AI translation services.