Sales of Japan semiconductor equipment are expected to increase by 27% year-on-year to 4 trillion yen in FY2024
https://www.seaj.or.jp/file/seajforecastjan2024_japanese_for%20press.pdf
🟦 Japan semiconductor equipment market to surpass 4 trillion yen in FY2024
The Japan Semiconductor Equipment Association (SEAJ) has forecast sales of Japan semiconductor equipment to increase by 27% year-on-year to 4.0348 trillion yen in FY2024.
Japan semiconductor manufacturing equipment market
- FY2022 ¥3.9 trillion
- FY2023 ¥3.2 trillion
- FY2024 ¥4.0 trillion
- FY2025 4.4trillion
🟦Expectations for Chat GPT and others to a growth trajectory in 2024
After a year-on-year decline in FY2023 due to the sluggish semiconductor memory market, we expect active investment by manufacturers in FY2024 due to semiconductor inventory adjustments and the spread of electric vehicles (EVs) and generative AI. Toshiki Kawai, president of Tokyo Electron and chairman of SEAJ, cited the launch of AI-equipped smartphones and PCs and the spread of the conversational AI “Chat GPT” and said that the semiconductor equipment market will enter a growth path again from 2024.
The market size of Japan semiconductor equipment is expected to take 22 years to reach 1 trillion yen to 2 trillion yen, 4 years to reach 3 trillion yen, and 3 years to break through 4 trillion yen.
Japan semiconductor manufacturing equipment market size
- Exceeded 1 trillion yen in 1995
- Exceeded 2 trillion yen in 2017
- Exceeded 3 trillion yen in 2021
- Surpassing 4 trillion yen in 2024?
🟦Summary
Sales of Japan semiconductor equipment are expected to increase by 27% year-on-year to 4trillion yen in FY2024. Driven by the development of the high-speed communication standard “5G” and the spread of EVs
It was predicted that it would break through 4 trillion yen in 2025, but it is likely to be achieved a year earlier. The depreciation of the yen is also greatly affected.
