Semiconductor equipment plays a pivotal role in enabling the next generation of chips, providing new opportunities for capital-equipment manufacturers.
Three forces will promote the capital-equipment sector’s growth over the next decade:
- megatrends that will continue to generate consumer demand for products containing leading-edge semiconductors, encouraging semiconductor players to invest in new fabrication capacity and equipment
- the increased determination of leading semiconductor giants to focus on innovation and develop cutting-edge products in response to intensifying competition and increased customer buying power
- a stronger role for equipment players as the process for moving to subsequent nodes becomes more complex, requiring both more equipment per wafer (due to an increasing number of process steps per wafer) and more expensive equipment (due to the increasing complexity of the equipment required to progress to subsequent nodes)