Global Fab Equipment Spending Poised to Log 3 Straight Years of Record Highs as COVID-19 Stokes Demand for Electronics
Fueled by surging pandemic-inspired demand for electronics devices, the global semiconductor industry is on track to register a rare three consecutive years of record highs in fab equipment spending with a 16% increase in 2020 followed by forecast...
The Substrate Crisis Deepens
Despite the pandemic lock-down, demand for electronic products and services remains strong. Work-from-home, video conferencing, and remote learning are driving data center growth and laptop and tablet demand. 5G infrastructure rollout is underway...
Critical Subsystems Service and Support Revenues on Course to Reach $3.5 Billion by 2025
Revenues from service and support related to critical subsystems reached $2.3 billion in 2020 and are on track to exceed $3.5 billion by 2025. Growth in the installed base of tools, high-utilization rates, and more opportunities for upgrades and...
China Surges Past Americas and Japan in IC Capacity
Back in 2012, China ranked fifth among seven regions worldwide in IC wafer capacity but surged past the Americas and Japan in 2018 and 2019 to claim the number three position (figure 1). That’s a big deal given that ICs account for the largest share...
Critical Subsystems Suppliers Raise Their Game to Deliver Record Revenues in 2020
Sales of critical subsystems for use in semiconductor manufacturing equipment will exceed $12.2 billion in 2020, a 6% increase over the previous record of $11.5 billion reached in 2018. What makes this such a remarkable feat is they achieved this...
Global Chip Equipment Billings Continue to Soar Amid Pandemic
The global economy has started down a gradual path to recovery from COVID-19 in recent months as the world continues to combat the virus. Yet one sector – semiconductors – has shown impressive growth powered by a transformation hastened by the...
Going the Right Way . . . if We Can Control Pandemic
Global business conditions continued to improve through October although the rate of improvement slowed a bit as pandemic concerns increased (Chart 1).
Cleanroom Robot Market Moves in Sync with Semiconductor Equipment
The market for vacuum and atmospheric robots used in semiconductor manufacturing equipment has grown at a compound annual growth rate of 11.7% since 2015 and is expected to top $1 billion in 2020. The historic and forecast growth trends for...
Mid-Year End Market Recovery Plus Continued Autumn Semiconductor Strength
Although the semiconductor chip and capital equipment markets performed well in the first half of 2020, many of the electronic equipment end markets struggled globally. World electronic equipment sales declined almost 10% in 2Q’20 vs. 2Q’19 (Chart...