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Semiconductor Manufacturing Equipment Market 2017 by Front-end Equipment, Back-end Equipment, Fab Facility, and Geography - Global Forecast to 2023 - Research and MarketsResearch and Markets has announced the addition of the "Semiconductor Manufacturing Equipment Market by Front-end Equipment, Back-end Equipment, Fab Facility, and Geography - Global Forecast to 2023" report to their offering. The semiconductor manufacturing equipment market is projected to reach USD 62.56 billion by 2023 and is likely to grow at a CAGR of 6.86% between 2017 and 2023 The key factors driving the growth of the market include progress in research and development (R&D) facilities, increasing demand for electrical and hybrid vehicles, growing consumer electronic market, and increase in the number of foundries. However, the high cost and maintenance of the equipment and complexity of pattern and functional defects in manufacturing processes are inhibiting the growth of this market. The semiconductor industry is driven to develop more innovative and advanced and miniature technologies because of the growing demand for new and more advanced electronic products with a smaller form factor, higher functionality, and high performance with a lower cost. The need for improved electrical performance has introduced 3D technology, which can replace the long interconnects used in 2D by short vertical interconnects. <> The APAC region accounts for the largest share in the overall semiconductor manufacturing equipment market. The presence of local players such as Nikon (Japan) and Canon (News - Alert) (Japan) are also contributing toward the growth of the market in the region. The semiconductor manufacturing equipment market in APAC held the largest share owing to low-cost labors in China, Taiwanese innovation and advancement in fabrication plants, and Japanese semiconductor equipment manufacturing capabilities, which are some of the cutting-edge advantages for the Asian semiconductor industry. Also, other factors such as increasing raw material suppliers, low labor cost, and increasing investment by global business giants are driving the market growth.Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Semiconductor Manufacturing Market, By Front-End Equipment 7 Semiconductor Manufacturing Equipment Market, By Back-End 8 Semiconductor Manufacturing Equipment Market, By Fab Facility 9 Semiconductor Manufacturing Equipment Market, By Dimension 10 Semiconductor Manufacturing Equipment Market, By Geography 11 Competitive Landscape 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/cgwcdw/semiconductor
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