Sales of semiconductor manufacturing equipment to increase for the first time in two years in 2024
🟦 Global Semiconductor Equipment Sales Forecast for 2024
SEMI reports that global semiconductor manufacturing equipment sales are anticipated to rise in 2024, marking the first increase in two years. Sales are projected to grow by 4% from 2023, reaching $105.3 billion (approximately 15.3 trillion yen). Additionally, this growth is expected to continue into 2025, with sales reaching $124 billion, exceeding the record set in 2022.
🟦 Semiconductor sales increase due to production cuts and recovery in digital demand
The expected increase in sales is attributed to reduced inventories resulting from semiconductor companies’ production cuts and a gradual resurgence in demand for digital devices like personal computers. These factors are anticipated to lead to a gradual increase in equipment investment.
While global inflation in 2023 has dampened consumption and slowed semiconductor investments, China has been actively investing. By 2024, China is projected to surpass South Korea and Taiwan in semiconductor manufacturing capacity, becoming the world leader.
🟦Summary
For the first time in two years, sales of semiconductor manufacturing equipment are expected to rise in 2024. China’s market expansion is particularly notable, positioning it as a new leader in the global semiconductor market.
The growth of the Chinese semiconductor market stands out, and its influence is expected to further increase in the coming years.
