Equipment Market grows by 4%

Global sales of semiconductor manufacturing equipment rose by 4% year-on-year to USD 26.8 billion in the second quarter of 2024.

According to SEMI's Worldwide Semiconductor Equipment Market Statistics (WWSEMS) According to SEMI's Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report, growth was 1% compared to the previous quarter.report, growth was 1% compared to the previous quarter. 

»Global semiconductor equipment billings totaled $53.2 billion for the first half of 2024, reflecting a healthy year so far for the industry overall«, said Ajit Manocha, SEMI President and CEO. »The semiconductor equipment market has returned to growth driven by strategic investments to support continued strong demand for advanced technologies and regions seeking to bolster their chipmaking ecosystems.«