Artificial Intelligence
Semiconductor Manufacturing Equipment Market Is Expected To Reach at USD 101.6 Billion by 2022, at a CAGR Of 9.9% during Forecast Period 2023 To 2030 | Data By Contrive Datum Insights Pvt Ltd.
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Farmington, Jan. 31, 2023 (GLOBE NEWSWIRE) — The Global Semiconductor Manufacturing Equipment Market Size Was Valued At USD 88.2 Billion In 2021. The Market Is Projected To Grow From USD 101.6 Billion In 2022 To USD 196.7 Billion By 2029, Exhibiting A CAGR Of 9.9% During The Forecast Period. The COVID-19 pandemic has been shocking and has never happened before. When compared to levels before the pandemic, demand for equipment used to make semiconductors is lower than expected in all regions. Our research shows that the global market was 6.4% smaller in 2020 than in 2019.
Semiconductor manufacturing equipment is used to make IC chips, memory chips, circuits, and many other things. At first, manufacturing equipment is used to make silicon wafers. Tools for processing wafers include photolithography tools, etching machines, chemical vapour deposition machines, measuring machines, and process/quality control equipment.
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Recent Developments:
- In May 2021 – Applied Materials Inc launched optical semiconductor inspection equipment that uses advanced technologies such as artificial intelligence (AI) and big data. This machine is used in semiconductor manufacturing plants to automatically inspect chips and detect killer defects in IC chips. These chips are used in electronic devices.
- In December 2021 – Hitachi High-Tech Corporation, a subsidiary of Hitachi, introduces the new GS1000 Electron Beam Area Inspection System. The machine uses a common platform with high-speed inspection systems with scanning electron microscopes (SEMs) to provide accurate and fast inspections. The machine also improves the accuracy of semiconductor wafer products.
Segment Analysis:
Equipment Type Insights
During the expected time period, the segment of front-end equipment will have the highest CAGR, at 10%. (2022-2030). The front-end equipment segment is a big part of the market because key players offer these kinds of systems. Also, more of these systems are used as the number of end users who need IC chips and logic circuits grows. This helps the market grow in this segment.
Dimension Insights
The 3D segment is already the market leader and is expected to grow quickly. This is because there are more High Bandwidth Memory (HBM) products, they work better, and they use resources more efficiently. These kinds of parts are found in most digital cameras, cell phones, and personal digital assistants.
Application Insights
The semiconductor fabrication plant and foundry segment is expected to lead the market because semiconductors are being used in more and more medical devices, electronics, and cars.
The semiconductor electronics manufacturing sector is expected to grow very quickly as more people learn how to test semiconductors and their parts. Also, strict government rules about testing devices are likely to help this market grow.
Regional Outlook:
Asia-Pacific is the best place to lead the market because countries like Taiwan, Japan, and China have strong supply chains for semiconductor devices like circuits, discrete devices, and logic circuits. The demand for SIC wafers and IC chips in the automotive and consumer electronics industries is expected to rise as these industries grow. Also, India and South Korea are home to a lot of important suppliers, which should help the market grow in the Asia-Pacific area.
One place that makes equipment for semiconductors is China. China is home to the most important players, like Sizone Technology, JW Insights, and others. The infrastructure industry, which is well-established, and the auto industry, which is growing, are also likely to increase the demand for these machines. Also, IC chips, logic circuits, SIC wafers, and other types of chips and circuits are made on these machines. This will probably make more people want to buy equipment for making semiconductors, which will help the market grow.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | CAGR of 9.9% from 2023 to 2030. |
| Revenue Forecast by 2022 | USD 101.6 Billion |
| By Equipment Type | Front-end Equipment, Silicon Wafer Manufacturing, Wafer Processing Equipment, Back-end Equipment, Testing Equipment, Assembling & Packaging Equipment, Others |
| By Dimension | 2D, 5D, 3D, Others |
| By Application | Semiconductor Fabrication Plant/Foundry, Semiconductor Electronics Manufacturing, Test Home, Others |
| By Companies | Applied Materials Inc (U.S.), Tokyo Electron Limited (Japan), Lam Research Corporation (U.S.), ASML (Netherlands), Dainippon Screen Group (Japan), KLA Corporation (Netherlands), Ferrotec Holdings Corporation (Japan), Hitachi High-Technologies Corporation (Japan), ASM International (U.S.), Canon Machinery Inc (Japan) |
| Regions and Countries Covered |
|
| Base Year | 2022 |
| Historical Year | 2017 to 2022 |
| Forecast Year | 2023 to 2030 |
Market Trends:
Key market players are working on new technologies like nano-imprinting, cutting-edge lithography, and the fastest manufacturing speed. In September 2021, for example, Riber, a company based in the United States, sent a new MBE 6000 machine used to make semiconductors to Asia. This machine was used to make electronics and devices that use light. Most of the time, these kinds of electronic parts are used in communication networks like 4G, 5G, and fibre optic networks.
Market Driving Factors:
Semiconductor parts, IC chips, and logic circuits are being used more and more in consumer electronics, home appliances, and electric cars that can work on their own and connect to the internet. Also, the auto industry is becoming more automated, which is driving up the demand for lithographic systems and semiconductor chips. This is likely to make more people want machines that make parts for semiconductors.
Key Segments Covered:
Top Market Players:
Applied Materials Inc (U.S.), Tokyo Electron Limited (Japan), Lam Research Corporation (U.S.), ASML (Netherlands), Dainippon Screen Group (Japan), KLA Corporation (Netherlands), Ferrotec Holdings Corporation (Japan), Hitachi High-Technologies Corporation (Japan), ASM International (U.S.), Canon Machinery Inc (Japan), and others.
By Type
- Assembling & Packaging Equipment
- Front-end Equipment
- Silicon Wafer Manufacturing
- Wafer Processing Equipment
- Back-end Equipment
- Testing Equipment
- Assembling & Packaging Equipment
- Others
By Dimension
- 2D
- 5D
- 3D
- Others
By Application
- Semiconductor Fabrication Plant/Foundry
- Semiconductor Electronics Manufacturing
- Test Home
- Others
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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Artificial Intelligence
Aon and Marsh McLennan call on (re)insurance industry to aid Ukraine’s resilience
– The firms emphasized that the removal of blanket exclusions would catalyze Ukraine’s growth and future reconstruction
MONTE CARLO, Sept. 8, 2024 /PRNewswire/ — Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help Ukraine’s resilience by catalyzing economic growth and strengthening the country’s foundations for a post-conflict economy. The firms emphasized that the removal of blanket exclusions, which ignore the diversity of risk throughout the country, would further support for Ukraine’s economy.
Additionally, since the start of the war, many global reinsurers have grouped risks originating in Ukraine, Russia, and Belarus together, excluding them from reinsurance contracts, limiting (re)insurance capital and impeding economic growth and stability. The inclusion of Ukraine with Russia and Belarus is not rooted in the data and analytics that drive the assessment of risk and overlooks that Ukraine, while under siege, seeks to further align as a free and democratic economy and member of the European Union.
“Marsh McLennan is dedicated in our support of Ukraine – helping it attract global investment to rebuild the country, and recover from the devastating impact of war on its people and economy,” said John Doyle, president and CEO of Marsh McLennan. “We call on the global insurance community to join us in this effort and end blanket exclusions for Ukraine.”
“Aon’s support of Ukraine leads us to look forward to its economic recovery,” said Greg Case, CEO of Aon. “Insurance capital is essential for the reconstruction of Ukraine’s health care, energy and agricultural sectors. We’re asking the insurance industry to look closely at Ukraine’s risks and work to strengthen the public private partnerships under development.”
Marsh McLennan and Aon each are already working with the Ukraine, U.S. and UK governments, along with many other international organizations, to support Ukraine’s economy as it endures ongoing attacks and accelerate investment in the country’s eventual economic recovery.
In March, Marsh McLennan announced the expansion of its public-private partnership with the Ukraine government to cover all shipping to and from Ukraine’s ports. This follows Marsh McLennan’s support in helping the Ukraine Government develop its war risk data platform which provides investors and (re)insurers with granular transparent data on the impact of the conflict to date and degree of war risk.
In June, Aon worked with the U.S. International Development Finance Corporation to create a first-of-its-kind insurance program to support war risk policies for businesses operating in Ukraine. The availability of insurance for war risk, especially across health care and agriculture, will stimulate economic expansion and employment, while strengthening the foundation of Ukraine’s economy to support a robust reconstruction.
The firms assert that arbitrary exclusions for Ukraine contribute to confusion about the vastly different levels of risk in the country. As a result, there are potential issues with how (re)insurers underwrite risks between regions directly impacted by the war and many areas of central and western Ukraine which have suffered little to no war damage. The use of data and analytics can enable more impactful insights into where insurance capital can contribute to Ukraine’s reconstruction and further economic growth.
About AonAon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.
About Marsh McLennanMarsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.
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Artificial Intelligence
HONOR Redefines Mobile AI Solutions with PC powered by Snapdragon, on-device AI Agent and AI Deepfake Detection at IFA 2024
HONOR, Qualcomm, and Microsoft Redefine Innovations in Mobile AI
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“When it comes to mobile computing, AI is not just a buzzword, it’s a revolution,” commented George Zhao, CEO of HONOR Device Co., Ltd. “At HONOR, we’re committed to working with our partners to deliver powerful AI capabilities and seamless connectivity, while protecting our users’ privacy. Through open collaboration with industry leaders, we’re creating devices that empower individuals and redefine what’s possible.”
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HONOR MagicBook Art 14 Snapdragon: Redefining PC in the Mobile AI EraThe PC landscape is undergoing a radical transformation, driven by advancements in AI and the rise of Snapdragon platforms. Fueled by HONOR’s platform-level AI capabilities and developed in collaboration with top industry leaders, HONOR MagicBook Art 14 Snapdragon heralds a new era of computing.
Featuring a sleek and compact design, the HONOR MagicBook Art 14 Snapdragon is a marvel of lightweight engineering. It incorporates cutting-edge platform-level AI features alongside robust hardware and software solutions, ensuring unmatched productivity and user experience. It translates the lightweight and slim characteristics of smartphones to laptops, delivering the lightest and slimmest AI PC on the market, weighing approximately 1kg with a slimness of 1cm. Delivering an immersive visual journey, the HONOR MagicBook Art 14 Snapdragon features a captivating 14.6-inch HONOR FullView Touch Display boasting a crystal-clear 3.1K resolution. It also includes an outstanding 97% screen-to-body ratio, the largest among 14-inch laptops. The HONOR MagicBook Art 14 Snapdragon is powered by the Qualcomm Snapdragon X Elite, elevating the computing experience to new heights in terms of power, efficiency, and security.
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The HONOR MagicBook Art 14 Snapdragon will be soon available in German, France and Italy. For preorder, please visit HONOR online store now at www.honor.com.
Seamless AI Experiences Elevated by the Power of MagicRingIn the mobile AI era, seamless cross-OS connectivity will truly empower users to unlock AI everywhere. Unlike the manual point-to-point connections in traditional solutions, the HONOR MagicRing allows multiple devices of the same account to automatically connect with low power consumption.
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For more information, please visit HONOR online at www.honor.com or email [email protected]
https://community.honor.com/ https://www.facebook.com/honorglobal/ https://twitter.com/Honorglobal https://www.instagram.com/honorglobal/ https://www.youtube.com/c/HonorOfficial
1Data comes from HONOR labs.
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Artificial Intelligence
TECNO Pocket Go Wins Global Product Technology Innovation Award 2024 at IFA 2024
BERLIN, Sept. 7, 2024 /PRNewswire/ — One of the largest consumer electronics exhibitions in the world, the 2024 IFA Berlin International Consumer Electronics Show, officially kicks off today in Berlin. During the event, the highly anticipated Global Product Technical Innovation Award 2024 was announced, with TECNO Pocket Go winning the prestigious AR Immersive PC Gaming Experience Innovation Gold Award. This recognition highlights the brilliance of Chinese brand on the global stage.
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The “Global Product Technology Innovation Award” is a grand international selection of global consumer electronics brands. Launched globally every year, it is also one of the most professional and authoritative international exchange, display and cooperation platforms in IFA in the same year to conduct comprehensive review and evaluation of the global consumer electronics industry for the whole year.
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View original content:https://www.prnewswire.co.uk/news-releases/tecno-pocket-go-wins-global-product-technology-innovation-award-2024-at-ifa-2024-302241146.html
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