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Wafer Fab Equipment Sales to Surpass $100B for First Time: Semi

Global sales of semiconductor manufacturing equipment are expected to reach a record $117.5 billion in 2022, rising 14.7% from the previous industry high of $102.5 billion in 2021, reported the Semi trade association Tuesday. It forecast a 2.8% increase in 2023 to $120.8 billion. The wafer fab equipment segment is projected to expand 15.4% to a new industry record of $101 billion in 2022, followed by a 3.2% increase to $104.3 billion in 2023, it said. “In line with the semiconductor industry’s determined push to increase and upgrade capacity, the wafer fab equipment segment is poised to reach the $100 billion milestone for the first time in 2022,” said Semi CEO Ajit Manocha. “Secular trends across a diverse range of markets, coupled with strong investments in digital infrastructure, are powering another record year.” Taiwan, China and South Korea are projected to remain the top three semiconductor equipment buyers in 2022, said Semi.