Navigating the Shifts: Trends in Semiconductor Equipment Manufacturing for 2024
From the desk of Kumari Suninda
The semiconductor equipment manufacturing market is undergoing tremendous change, with significant changes in market share, local resource dependency and investment strategies. In this ever-evolving landscape, Innovent technologies stands as a trusted partner, and equips its customers with the tools to meet these challenges.
Semiconductor Equipment Processing in Flux
Semiconductor equipment manufacturing is an integral part of the global industrial ecosystem. There have been significant changes in the industry in recent years. U.S. semiconductor equipment players faced a gradual decline in added value even as they increased their market share to 53%. Their global market share has steadily declined to 32%, mainly due to their reliance on a single player in Taiwan.
This dependence on autonomy raises concerns, especially given Taiwan’s geopolitical status as a disputed territory. In response to these challenges, various efforts are being made to shape the profession's future.
U.S. reshoring: The United States is pursuing an effort to relocate semiconductor foundries offshore. The program seeks to strengthen domestic manufacturing and reduce its dependence on foreign suppliers.
Emerging China: Mainland China has emerged as a formidable semiconductor player, with an ambitious industry agenda involving investments of $143 billion by 2025. The move highlights China's ambition to establish itself as a major player in the global semiconductor production equipment market.
Capital expenditure: Growth in the semiconductor industry is driven by capital expenditure (capex), with around 20% of revenue devoted to setting up new foundries each year. Fab-related investments are expected to be dollarized 800 billion globally over the next three to five years.
Challenges Affecting Semiconductor Companies
Continued investment in innovation is critical for semiconductor development, including metaverse, digital health, mobility and sustainability.
Three-quarters (76%) of semiconductor executives expect the industry’s supply chain challenges to ease by 2024, but companies need to focus on investment and prepare to stand other market pressures that will help drive future growth on the edge.
View more info and detailed Table of Contents here: https://www.skyquestt.com/report/semiconductor-production-equipment-market
How Trump’s Ban on Semiconductor and Machinery Exports Has Hurt the US.
President Donald Trump’s much-vaunted “phase one” trade deal with China is falling far short of its goals. Under the deal, Trump promised that China would buy an additional $200 billion in US goods. exports in 2020 and 2021. With two-thirds of 2020, China has assured the Americans that it will import less than one-third of the material and buy this year. One exception is high-tech products such as American semiconductor and chip machinery, which have managed to maintain strong exports despite the epidemic of anti-Chinese criticism in the US.
However, that bright spot suddenly dimmed, and not because of China. The Trump administration is remaking the US. logistics policies that could result in significant reductions in foreign sales of American industries. Members of the new regime should be properly motivated, seeking to minimize legitimate national security risks.
Semiconductor Equipment Economics
U.S. and the European Union are the major players in this semiconductor equipment installation. Investments worth $205 billion are planned in the US, with notable projects such as the $40 billion TSMC fab to be built in Arizona. U.S. players represent 60% of investments in the country, including Intel, Texas Instruments, Micron and Wolfspeed.
There is $61 billions of ongoing investment in the EU, with projects such as the $20 billion Intel fab construction in Germany and the Global Foundries-STMicroelectronics fab in France but DFI controls EU territory, represents 85% of the funds, and provides the EU players only get 15%.
Summary
In a semiconductor production equipment industry marked by change and growth. Innovent Technologies LLC is a steadfast partner to its customers While focusing on customer-centric solutions, efficiency, and a going beyond the manufacturing process. Innovent ensures that its customers have the resources to succeed in the dynamic semiconductor landscape.
Find the Author at: Linkedin
Related Reports:
Semiconductor Wafer Cleaning Equipment Market
USA (+1) 351-333-4748
