North America represented 10% of the global semiconductor capital equipment market spending in 2017, but more than 21% for equipment sales according to Semiconductor Equipment and Materials International (SEMI).
U.S. Semiconductor Industry Outlook is Forecasting Continued Growth
The World Semiconductor Trade Statistics (WSTS) global semiconductor sales forecast projects the industry’s worldwide sales will grow 15.9% to $478 billion in 2018 and maintain steady growth through 2020. Worldwide sales of semiconductor manufacturing equipment increased over 37% in 2017, to more than $56.6 billion, according to SEMI, and global capital spending is expected to increase to $62.7 billion in 2018.
Driving Industry Growth
The industry is driven by the prolific deployment of integrated circuits (ICs) and related semiconductor technologies throughout advanced and emerging markets. Nearly all major manufacturers are based, or have major engineering presence in, the greater San Francisco and “Silicon Valley” region of California. Additional areas of concentration include Austin, Texas; the Pacific Northwest; and the greater Northeast Region of the United States.
Semiconductor manufacturing equipment is utilized in the production of photovoltaics (PV), high-brightness LEDs, flat panel displays (FPDs), micro-electromechanical systems (MEMS), printed and flexible electronics, and related micro- and nano-electronics. The industry trends are historically cyclical in nature, but U.S. semiconductor equipment production is forecast to grow at an annual compounded rate of 3% between 2018 and 2021.
Semiconductor Manufacturing, Test and Packaging Equipment Industry Participants
|Applied Materials, Inc.||9,072.00M||14,950||Santa Clara, CA|
|Eaton Corporation||6,990.00M||73,000||Cleveland, OH|
|Lam Research Corporation||5,259.31M||7,300||Fremont, CA|
|KLA - Tencor Corporation||2,814.05M||5,880||Milpitas, CA|
|Hitachi America Ltd||1,968.46M||15,537||Tarrytown, NY|
|Teradyne, Inc.||1,647.82M||3,900||North Reading, MA|
|Cree, Inc.||1,632.51M||6,387||Durham, NC|
|Si Group, Inc.||1,600.00M||2,700||Schenectady, NY|
|Bourns, Inc.||1,183.97M||4,200||Riverside, CA|
|Entegris, Inc.||962.07M||3,528||Billerica, MA|
|FEI Company||956.28M||2,660||Hillsboro, OR|
Hoover’s™/D&B subsidiary First Research® lists the following North American industry participants
How Can We Help?
Whether you’re evaluating expansion into the Americas or have an established presence, we are available to discuss your current operations and plans for strategic growth in the semiconductor manufacturing equipment market. With experience and expertise driving the execution of your strategy, you’ll be on the fastest track to growth and profitability.