SEMI Forecasts Five Consecutive Years of Growth in Global Semiconductor Manufacturing Equipment Sales

SEMI has released its Mid-Year Semiconductor Equipment Market Forecast – An OEM Perspective on Tuesday, projecting that global sales of semiconductor manufacturing equipment will grow for five consecutive years, reaching $229.5 billion by 2028. By region, Mainland China, Taiwan (China), and South Korea are expected to be the top three regions in equipment spending, with Mainland China maintaining its leading position. SEMI President and CEO Ajit Manocha stated that artificial intelligence is accelerating demand for more powerful and efficient chips, thereby driving investment growth in the semiconductor equipment market.