Chip Equipment Spending: SEMI Forecasts Flat 2016, Rebound in 2017

SAN FRANCISCO, Calif. — July 12, 2016 — SEMI projects that the worldwide semiconductor equipment market will be flat this year and will rebound in 2017 according to the mid-year edition of the SEMI® Capital Equipment Forecast, released today at the SEMICON West exposition. SEMI forecasts that the total semiconductor equipment market will grow 1 percent in 2016 (reaching $36.9 billion) after contracting 3 percent in 2015. An increase of 11 percent is expected in 2017 for the market to reach $41.1 billion.

The following results are given in terms of market size in billions of U.S. dollars and percentage growth over the prior year:

SEMI® 2016 Mid-Year Equipment Forecast by Market Region

By EQUIPMENT TYPE

   

year-over-year

 

year-over-year

 

2015

2016F

% Change

2017F

% Change

Wafer Processing

28.78

29.33

1.9%

33.09

12.8%

Test

3.33

3.36

0.9%

3.46

3.0%

Assembly &  Packaging

2.51

2.39

-5.0%

2.48

4.0%

Other Front End

1.90

1.86

-2.1%

2.05

10.2%

Total

36.52

36.94

1.1%

41.08

11.2%

 

By REGION

   

year-over-year

 

year-over-year

 

2015

2016F

% Change

2017F

% Change

China

4.90

6.41

30.8%

7.24

12.9%

Europe

1.95

2.07

6.2%

2.46

18.8%

Japan

5.49

5.08

-7.6%

4.72

-7.0%

Korea

7.46

6.17

-17.3%

7.99

29.5%

North America

5.12

4.62

-9.8%

4.97

7.6%

ROW

1.97

3.13

58.9%

3.68

17.6%

Taiwan

9.63

9.46

-1.8%

10.02

5.9%

Total

36.52

36.94

1.1%

41.08

11.2%

*Totals may not add due to rounding; Source: SEMI, July 2016;  Equipment Market Data Subscription  (EMDS)

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