In 2018, 7.5% growth is expected to result in sales of US$60.1 billion for the global semiconductor equipment market – another record-breaking year.

Wafer processing equipment will see a 37.5%!p increase to $45.0 billion;

Fab facilities equipment, wafer manufacturing, and mask/reticle equipment, is expected to increase 45.8%; to $2.6 billion.

Assembly and packaging equipment segment is projected to grow by 25.8%!to $3.8 billion;

Semiconductor test equipment is forecast to increase by 22.0 percent to $4.5 billion this year.

In 2017, South Korea will be the largest equipment market for the first time. After maintaining the top spot for five years, Taiwan will place second, while China will come in third.

All regions tracked will experience growth, with the exception of Rest of World (primarily Southeast Asia). South Korea will lead in growth with 132.6 percent, followed by Europe at 57.2 percent, and Japan at 29.9 percent.

SEMI forecasts that in 2018, equipment sales in China will climb the most, 49.3%, to $11.3 billion, following 17.5% growth in 2017.

In 2018, South Korea, China, and Taiwan are forecast to remain the top three markets, with South Korea maintaining the top spot at $16.9 billion.

China is forecast to become the second largest market at $11.3 billion, while equipment sales to Taiwan are expected to approach $11.3 billion.