International Semiconductor Industry Association (SEMI) in SEMICON Japan 2022 released the "2022 annual total semiconductor equipment forecast report", the report is expected to global semiconductor manufacturing equipment sales this year is expected to reach 108.5 billion U.S. dollars, compared with last year's growth of 5.9%, will be a record high for three consecutive years.

If divided by region, China, Taiwan and South Korea will be the three highest spending on semiconductor equipment in 2022. SEMI expects that the global semiconductor manufacturing equipment sales in 2023 will fall below the $100 billion mark, slipping to $91.2 billion; and in the front and back of the field to push up, the semiconductor manufacturing equipment sales in 2024 is expected to rebound.

International Semiconductor Industry Association (SEMI) in SEMICON Japan 2022 released the "2022 annual total semiconductor equipment forecast report", the report is expected to global semiconductor manufacturing equipment sales this year is expected to reach 108.5 billion U.S. dollars, compared with last year's growth of 5.9%, will be a record high for three consecutive years.

If divided by region, China, Taiwan and South Korea will be the three highest spending on semiconductor equipment in 2022. SEMI expects that the global semiconductor manufacturing equipment sales in 2023 will fall below the $100 billion mark, slipping to $91.2 billion; and in the front and back of the field to push up, the semiconductor manufacturing equipment sales in 2024 is expected to rebound.

The report shows that the fab equipment sector, including wafer processing, fab facilities and mask/mask equipment, is expected to grow by 8.3% in 2022 to reach a new industry record of $94.8 billion, followed by a contraction of 16.8% to $78.8 billion in 2023 and a rebound of 17.2% to $92.4 billion in 2024. Equipment sales in the foundry and logic sectors, which account for more than half of total fab equipment revenue, are expected to grow 16% year-over-year to $53 billion in 2022, although they are expected to decline 9% in 2023.

DRAM equipment sales are expected to decline 10% to $14.3 billion in 2022 and continue to decline 25% to $10.8 billion in 2023, while NAND equipment sales are expected to decline 4% to $19 billion in 2022 and continue to decline 36% to $12.2 billion by 2023. Semiconductor test equipment market sales in 2021 after a strong 30% growth, 2022 will fall 2.6% to $ 7.6 billion, 2023 will continue to fall 7.3% to $ 7.1 billion, while packaging and test equipment sales in 2022 will fall 14.9% to $ 6.1 billion, 2023 fell 13.3% to $ 5.3 billion.

SEMI said that the emerging applications in many markets will drive significant growth in the semiconductor industry, which requires further investment to expand production capacity; record fab construction will drive semiconductor manufacturing equipment sales to exceed the $100 billion barrier for the second consecutive year.

SEMI recently showed in its latest quarterly "World Fab Forecast Report" that the global semiconductor industry is expected to build 84 large-scale chip manufacturing plants between 2021 and 2023, and invest more than $500 billion. The growth is expected to include 33 new factories to begin construction this year and 28 new factories expected to be added in 2023.