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Front-end and Back-end Segments Projected to Support Consecutive Growth from 2024 through 2026
TOKYO, Dec. 9, 2024 /PRNewswire/ -- Global sales of total semiconductor manufacturing equipment by original equipment manufacturers (OEMs) are forecast to set a new industry record, reaching $113 billion in 2024, growing 6.5% year-on-year, SEMI announced today in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024. Semiconductor manufacturing equipment growth is expected to continue in the following years, reaching new records of $121 billion in 2025 and $139 billion in 2026, supported by both the front-end and back-end segments.
"Three consecutive years of projected growth in investments in semiconductor manufacturing reflect the vital role our industry plays in underpinning the global economy and advancing technology innovation," said Ajit Manocha, SEMI president and CEO. "Since our July 2024 forecast, the outlook for 2024 semiconductor equipment sales has brightened, especially with stronger-than-expected investments from China and in AI-related sectors. Together with our forecast extension through 2026, it highlights the robust growth drivers across segments, applications, and regions."
Semiconductor Equipment Sales by Segment
After registering a record $96 billion in sales last year, the wafer fab equipment (WFE) segment, which includes wafer processing, mask/reticle, and fab facilities equipment, is projected to grow 5.4% to $101 billion in 2024. This marks an increase from the previously forecast $98 billion in SEMI's 2024 Mid-Year Equipment Forecast. The upward revision mainly reflects the ongoing strong equipment investments in DRAM and high-bandwidth memory (HBM) driven by artificial intelligence (AI) computing. Additionally, China's investments continue to play a significant role in the WFE market expansion. Looking ahead, WFE segment sales are projected to expand 6.8% in 2025 and 14% in 2026, reaching $123 billion due to increased demand for advanced logic and memory applications.
Following two years of contraction, the back-end equipment segment in 2024 saw a strong recovery in particular in the second half of the year. Sales of semiconductor test equipment are projected to rise 13.8% to $7.1 billion in 2024, while assembly and packaging (A&P) equipment sales are projected to increase 22.6% to $4.9 billion. Furthermore, the back-end segment growth is expected to accelerate, with test equipment sales surging 14.7% in 2025 and 18.6% in 2026, respectively, while A&P sales are forecast to grow 16% in 2025 followed by 23.5% expansion in 2026. The back-end segments' growth is supported by the increasing complexity of semiconductor devices for high-performance computing and the expected increase in demand in the mobile, automotive, and industrial end-markets.
Wafer Fab Equipment Sales by Application
The sales of WFE for foundry and logic applications are expected to remain flat year-on-year at $58.6 billion in 2024, supported by resilient spending in mature nodes. The segment is forecast to see 2.8% growth in 2025 and to increase 15% to $69.3 billion in 2026, driven by increasing demand for leading-edge technology, the introduction of new device architectures including the transition to gate-all-around (GAA), and increased capacity expansion purchases.
Memory-related capital expenditures are projected to see significant increases through 2026 supported by increasing demand for HBM for AI deployment and ongoing technology migration. NAND equipment sales are expected to remain relatively soft in 2024, growing 0.7% to $9.3 billion as supply and demand continues to normalize, setting the stage for a 47.8% expansion to $13.7 billion in 2025 and 9.7% growth to $15.1 billion in 2026. Meanwhile, DRAM equipment sales are projected to see robust growth of 35.3% to $18.8 billion in 2024, followed by 10.4% and 6.2% year-on-year growth in 2025 and 2026, respectively.
Semiconductor Equipment Sales by Region
Mainland China, Taiwan and Korea are expected to remain the top three destinations for equipment spending through 2026. China is projected to maintain the top position over the forecast period as the region's equipment purchases continue to remain resilient despite the anticipated slowdown. Equipment shipments to China are projected to reach a record $49 billion in 2024, solidifying its lead over other regions. While equipment spending for most regions is expected to fall in 2024 before rebounding in 2025, China is expected to see a contraction in 2025 following significant investments over the past three years. All regions tracked are expected to see increases in 2026.
The SEMI forecast is based on collective input from top equipment suppliers, the SEMI Worldwide Semiconductor Equipment Market Statistics (WWSEMS) data collection program and the industry-recognized SEMI World Fab Forecast database.
About SEMI Market Data
The Equipment Market Data Subscription (EMDS) from SEMI provides comprehensive market data for the global semiconductor equipment market. A subscription includes three reports:
- Monthly SEMI North American Billings Report, an early perspective of equipment market trends
- Monthly Worldwide Semiconductor Equipment Market Statistics (WWSEMS), a detailed report of semiconductor equipment billings for seven regions and more than 22 market segments
- Bi-annual Total Semiconductor Equipment Forecast – OEM Perspective, an outlook for the semiconductor equipment market
For more information online, please visit SEMI Market Data.
About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members' business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.
Association Contact
Samer Bahou/SEMI
Phone: 1.408.943.7870
Email: sbahou@semi.org
Front-end and Back-end Segments Projected to Support Consecutive Growth from 2024 through 2026
TOKYO, Dec. 9, 2024 /PRNewswire/ -- Global sales of total semiconductor manufacturing equipment by original equipment manufacturers (OEMs) are forecast to set a new industry record, reaching $113 billion in 2024, growing 6.5% year-on-year, SEMI announced today in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024. Semiconductor manufacturing equipment growth is expected to continue in the following years, reaching new records of $121 billion in 2025 and $139 billion in 2026, supported by both the front-end and back-end segments.
"Three consecutive years of projected growth in investments in semiconductor manufacturing reflect the vital role our industry plays in underpinning the global economy and advancing technology innovation," said Ajit Manocha, SEMI president and CEO. "Since our July 2024 forecast, the outlook for 2024 semiconductor equipment sales has brightened, especially with stronger-than-expected investments from China and in AI-related sectors. Together with our forecast extension through 2026, it highlights the robust growth drivers across segments, applications, and regions."
Semiconductor Equipment Sales by Segment
After registering a record $96 billion in sales last year, the wafer fab equipment (WFE) segment, which includes wafer processing, mask/reticle, and fab facilities equipment, is projected to grow 5.4% to $101 billion in 2024. This marks an increase from the previously forecast $98 billion in SEMI's 2024 Mid-Year Equipment Forecast. The upward revision mainly reflects the ongoing strong equipment investments in DRAM and high-bandwidth memory (HBM) driven by artificial intelligence (AI) computing. Additionally, China's investments continue to play a significant role in the WFE market expansion. Looking ahead, WFE segment sales are projected to expand 6.8% in 2025 and 14% in 2026, reaching $123 billion due to increased demand for advanced logic and memory applications.
Following two years of contraction, the back-end equipment segment in 2024 saw a strong recovery in particular in the second half of the year. Sales of semiconductor test equipment are projected to rise 13.8% to $7.1 billion in 2024, while assembly and packaging (A&P) equipment sales are projected to increase 22.6% to $4.9 billion. Furthermore, the back-end segment growth is expected to accelerate, with test equipment sales surging 14.7% in 2025 and 18.6% in 2026, respectively, while A&P sales are forecast to grow 16% in 2025 followed by 23.5% expansion in 2026. The back-end segments' growth is supported by the increasing complexity of semiconductor devices for high-performance computing and the expected increase in demand in the mobile, automotive, and industrial end-markets.
Wafer Fab Equipment Sales by Application
The sales of WFE for foundry and logic applications are expected to remain flat year-on-year at $58.6 billion in 2024, supported by resilient spending in mature nodes. The segment is forecast to see 2.8% growth in 2025 and to increase 15% to $69.3 billion in 2026, driven by increasing demand for leading-edge technology, the introduction of new device architectures including the transition to gate-all-around (GAA), and increased capacity expansion purchases.
Memory-related capital expenditures are projected to see significant increases through 2026 supported by increasing demand for HBM for AI deployment and ongoing technology migration. NAND equipment sales are expected to remain relatively soft in 2024, growing 0.7% to $9.3 billion as supply and demand continues to normalize, setting the stage for a 47.8% expansion to $13.7 billion in 2025 and 9.7% growth to $15.1 billion in 2026. Meanwhile, DRAM equipment sales are projected to see robust growth of 35.3% to $18.8 billion in 2024, followed by 10.4% and 6.2% year-on-year growth in 2025 and 2026, respectively.
Semiconductor Equipment Sales by Region
Mainland China, Taiwan and Korea are expected to remain the top three destinations for equipment spending through 2026. China is projected to maintain the top position over the forecast period as the region's equipment purchases continue to remain resilient despite the anticipated slowdown. Equipment shipments to China are projected to reach a record $49 billion in 2024, solidifying its lead over other regions. While equipment spending for most regions is expected to fall in 2024 before rebounding in 2025, China is expected to see a contraction in 2025 following significant investments over the past three years. All regions tracked are expected to see increases in 2026.
The SEMI forecast is based on collective input from top equipment suppliers, the SEMI Worldwide Semiconductor Equipment Market Statistics (WWSEMS) data collection program and the industry-recognized SEMI World Fab Forecast database.
About SEMI Market Data
The Equipment Market Data Subscription (EMDS) from SEMI provides comprehensive market data for the global semiconductor equipment market. A subscription includes three reports:
- Monthly SEMI North American Billings Report, an early perspective of equipment market trends
- Monthly Worldwide Semiconductor Equipment Market Statistics (WWSEMS), a detailed report of semiconductor equipment billings for seven regions and more than 22 market segments
- Bi-annual Total Semiconductor Equipment Forecast – OEM Perspective, an outlook for the semiconductor equipment market
For more information online, please visit SEMI Market Data.
About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members' business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.
Association Contact
Samer Bahou/SEMI
Phone: 1.408.943.7870
Email: sbahou@semi.org
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Global Total Semiconductor Equipment Sales Forecast to Reach a Record of $139 Billion in 2026, SEMI Reports
Global Total Semiconductor Equipment Sales Forecast to Reach a Record of $139 Billion in 2026, SEMI Reports
JAKARTA, Indonesia, April 2, 2026 /PRNewswire/ -- Lebaran is more than a celebration, it's the moment families come alive again. Homes get a fresh coat of paint, new curtains go up, and kitchens fill with the warmth of ketupat, opor ayam, and sambal goreng. For many, it's also the time to finally upgrade the home for aging parents in the kampung, or to properly furnish a new place before welcoming guests after the long mudik journey. Amid all this preparation, one thing every household quietly depends on is a reliable air conditioner that can handle the heat — and everything else Indonesia throws at it. That's exactly what Comfee, a brand committed to delivering smart, locally-adapted home appliances, set out to build with the Gusto.
From Day to Night, From Road to Home: Smart Care in Your Palm
Imagine this: you've just braved the bustling Lebaran traffic to pick up your relatives from the station. After a long, exhausting journey, stepping into a hot, stuffy house is the last thing anyone wants. With Gusto's Smart Control, you can easily turn on the AC via the SmartHome App on your way back. With Location-Based Services (LBS), the AC can automatically detect your location and turn on from 15 km away, welcoming your tired family with a perfectly chilled room the second they step inside.
When night falls, thoughtful care continues. Whether you are maintaining your own sleep habits, ensuring an elderly parent sleeps comfortably without feeling too cold, or making sure the little ones don't wake up sweating, the Sleep Curve feature handles it all. It can be customized based on personal needs, effortlessly weaving your love for the family into every detail of their rest.
Throughout all these festivities, you won't have to stress over the electricity bill. The Energy Management makes power consumption visible and manageable on your phone. You can track data down to the daily, weekly and monthly level through the Energy Monitor, review your ECO+ mode savings via the Energy Report and use Time Estimate to see how fast the room will cool down. You can set an Energy Reminder before you hit your monthly budget. Amidst the busy holiday rush, it quietly acts as your reliable guardian, protecting your wallet while keeping every day comfortable.
A Full House, A Full Heart, and The Comfort Of A Lighter Electricity Bill
With a full house comes full-time cooling and the electricity bill that follows, Comfee Gusto tackles this for you. Powered by AI algorithm, ECO+ Mode reduces energy consumption. Verified by SGS, with just one press of the ECO+ button, it could reduce over 30% energy compared to normal cooling mode, without any compromise on comfort. The upgraded 5-level Gear Control lets you accurately adjust power usage, when you feel cool enough, you can choose a lower power level to save energy, which perfectly meets different usage scenarios. Think of it this way: the savings on your monthly bill may cover a hearty family makan-makan for the whole extended family.
Fresh Mood, Fresh Air
When the living room fills with loved ones from across the island, providing them with fresh, clean air is just as important as keeping them comfortably cool. The Gusto's Active Clean+ system runs a self-cleaning cycle about 42-minutes — condensed, frost, defrost wash, and dry — removing significantly more dust, bacteria and mold than conventional water-wash methods. No unpleasant smells when you switch AC on, just consistently fresh air throughout the festivities. Caring for your family with every breath of clean air.
Family Joy, With more comfy, No more Stuffy
During Lebaran, the living room becomes the heart of the home, often packed with extended family sharing stories over bowls of warm meals. With a full house and unpredictable tropical weather—from stuffy afternoons to sudden sticky downpours—the indoor air can easily feel heavy and uncomfortable, which could easily ruin all the happiness. This is where Comfee AI Humidity Control steps in. It intelligently adjusts fan speed and cooling power to add or remove moisture. With only one click on SmartHome APP, it can automatically maintain the ideal 40%-70% RH range. Whether you're hosting a crowded daytime gathering or winding down to rest, it delivers ultimate comfort every day and night.
Engineered For Indonesia, Reliable Every Single Day
Indonesia's intense heat, high humidity, coastal air, and unpredictable voltage are a real test for any appliance. The Gusto is engineered to meet all of it: Golden Coating condenser fins that pass a 1,000-hour salt spray and acid for 30 minutes test protect against coastal humidity and acid rain, particularly relevant for homes along Indonesia's vast coastline. Compared to traditional conformal coatings, PCB with UV Conformal Coating has a longer lifespan, and provides double the thickness and higher density protection. It guards against corrosion. Meanwhile, a wide voltage tolerance of 80V–265V ensures stable performance even during peak festive grid loads or in kampung settings where supply can fluctuate. Whether it's a new home in the city or a thoughtful gift for your parents back in the village after mudik, the Gusto is built to last.
Enjoy A Breezier Life From This Levaran!
This Lebaran, installing a Comfee Gusto isn't just a temporary fix for the holiday heat, it's a lasting investment in the place we call home. When the suitcases are packed away and the mudik journey becomes a fond memory, the Gusto remains, quietly taking care of your family's daily comfort. Because the truest spirit of the season lies in enduring love and care for those who matter most. Make this festive season the beginning of a better, breezier life. Upgrade your home or your parents' home with the Comfee Gusto today, and let the warmth of home stay with you, for many comfortable years to come.
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Stay Cool, Stay Together: Start from Lebaran, Comfee Gusto Comfort Every Moment
Stay Cool, Stay Together: Start from Lebaran, Comfee Gusto Comfort Every Moment
