SEMI has recently released its mid-year forecast report for global sales of total semiconductor manufacturing equipment by original equipment manufacturers (OEM). It forecasts that sales will hit a new high, predicting a 3.4% year-on-year growth in 2024, reaching a record US$109 billion. The growth momentum is expected to continue into 2025, driven by both front-end and back-end process demand. Sales in 2025 are estimated to reach another new high.
China, Taiwan, and South Korea will remain the top three in equipment spending through 2025. China's equipment procurement volume will continue to increase, maintaining its leading position throughout the forecast period. In 2024, equipment shipments to China will reach a record US$35 billion, securing its dominant position. However, after three years of significant investments, China is expected to see a slowdown in 2025.
According to the Market Intelligence & Consulting Institute (MIC), a division of the Institute for Information Industry (III), the Taiwanese semiconductor industry's shipment value is projected to reach approximately NT$4.17 trillion (US$135.3 billion) in 2024, reflecting a robust year-on-year increase of 13.6%.