Artificial Intelligence
Semiconductor Manufacturing Equipment Market Analysis by Emergen Research: Key Trends and Future Outlook
Vancouver, Aug. 09, 2023 (GLOBE NEWSWIRE) — Emergen research is one of the pioneers in providing strategic insights for emerging and disruptive technologies which are expected to show exponential growth in the near future., has released a report that delves deep into the dynamic landscape of the Semiconductor Manufacturing Equipment Market.
Semiconductor manufacturing equipment refers to the machinery and tools used in the production of semiconductors, which are essential components in electronic devices. These equipment play a crucial role in the fabrication process, enabling the production of high-quality and high-performance semiconductors.
According to a recent report by Emergen Research, the global Semiconductor Manufacturing Equipment Market is projected to reach a market value of USD 222.49 Billion by 2032, growing at a CAGR of 10.4% during the forecast period. The report provides a detailed analysis of the market segmentation, including market size, share, and growth rate for each segment.
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Scope of Research
| Report Details | Outcome |
| Market size in 2022 | USD 83.10 Billion |
| CAGR (2023–2032) | 10.4% |
| Revenue forecast to 2032 | USD 222.49 Billion |
| Base year for estimation | 2022 |
| Historical data | 2019-2021 |
| Forecast period | 2023–2032 |
| Quantitative units | Revenue in USD Billion and CAGR in % from 2023 to 2032 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Equipment Type, Dimension, End-Use, and region |
| Regional scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope | U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA |
| Key companies profiled | Applied Materials, Inc., ASML., Lam Research Corporation., HITACHI, LTD., TOKYO SEIMITSU CO., LTD (ACCRETECH), KLA Corporation, Kistler Group, SCREEN HOLDINGS CO., LTD., ACM Research Inc., and Nordson Corporation |
| Customization scope | 10 hours of free customization and expert consultation |
Major Companies and Competitive Landscape
The global semiconductor manufacturing equipment market is fairly fragmented, with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective semiconductor manufacturing equipment solutions. Some major players included in the global semiconductor manufacturing equipment market report are:
- Applied Materials, Inc.
- ASML.
- Lam Research Corporation.
- Hitachi, Ltd.
- TOKYO SEIMITSU CO., LTD (ACCRETECH)
- KLA Corporation
- Kistler Group
- SCREEN Holdings Co., Ltd.
- ACM Research Inc.
- Nordson Corporation
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Strategic Development
- On 18 April 2023, Hitachi High-Tech Corporation announced that it will build a new production facility in the Kasado Area of Kudamatsu City, Yamaguchi Prefecture, to increase the production capacity of etching systems for its semiconductor manufacturing equipment business, with production set to begin in FY2025.
- On 8 August 2022, GlobalFoundries, a leader in the production of feature-rich semiconductors, and Qualcomm Technologies, Inc. declared they were extending the strategic worldwide long-term semiconductor manufacturing agreement that their respective companies had previously signed. With their announcement, GF’s most cutting-edge semiconductor production facility in Malta, New York, will be able to expand its capacity and support U.S.-based manufacturing by ensuring wafer supply.
What Drives the Semiconductor Manufacturing Equipment Market?
The growing adoption of electronic devices, such as smartphones, tablets, laptops, and IoT devices, is a key driver for the Semiconductor Manufacturing Equipment Market. As consumer electronics become more advanced and sophisticated, the demand for semiconductors increases, thereby driving the need for advanced manufacturing equipment.
The semiconductor industry is characterized by rapid technological advancements. To meet the increasing demand for smaller, faster, and more efficient semiconductors, manufacturers are investing in advanced equipment that can enable the production of cutting-edge chips. This includes equipment for processes like lithography, etching, deposition, and wafer testing.
The emergence of new technologies, such as 5G, artificial intelligence (AI), Internet of Things (IoT), and autonomous vehicles, is driving the demand for semiconductors. These technologies require specialized chips with higher processing power and improved efficiency, necessitating the use of advanced manufacturing equipment.
Governments across the globe are actively supporting the semiconductor industry through various initiatives and investments. These initiatives aim to promote domestic semiconductor manufacturing, enhance technological capabilities, and reduce dependence on imports. Such support provides a favorable environment for the growth of the Semiconductor Manufacturing Equipment Market.
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Challenges Constrain the Semiconductor Manufacturing Equipment Market:
Semiconductor manufacturing equipment involves significant upfront investments. The high cost of equipment poses a challenge, particularly for small and medium-sized enterprises (SMEs) that may have limited financial resources. This can hinder the adoption of advanced equipment and limit market growth.
The semiconductor manufacturing process is highly complex and requires specialized knowledge and expertise. The rapid pace of technological advancements makes it challenging for manufacturers to keep up with the latest equipment and processes. This complexity can act as a barrier to entry for new players in the market.
The semiconductor industry is susceptible to supply chain disruptions, as it heavily relies on raw materials and components from various regions. Factors such as geopolitical tensions, natural disasters, and trade restrictions can impact the availability and cost of inputs, affecting the overall manufacturing process.
Unveiling Geographic Patterns in the Semiconductor Manufacturing Equipment Market:
The Semiconductor Manufacturing Equipment Market exhibits distinct geographic patterns, with different regions contributing to its growth:
North America holds a significant share in the Semiconductor Manufacturing Equipment Market. The region is home to major semiconductor manufacturers and has a strong presence of equipment vendors. The United States, in particular, leads in technological advancements and investments in research and development.
Asia Pacific is a rapidly growing market for semiconductor manufacturing equipment. Countries like China, South Korea, Taiwan, and Japan are major contributors to the market’s growth. The region benefits from a robust electronics manufacturing industry, favorable government policies, and a skilled workforce.
Europe also plays a significant role in the Semiconductor Manufacturing Equipment Market. Countries like Germany, the United Kingdom, and France are known for their expertise in semiconductor manufacturing and have a strong presence of equipment manufacturers. The region focuses on innovation and sustainability in semiconductor production.
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Segments Covered in Report
For the purpose of this report, Emergen Research has segmented the global semiconductor manufacturing equipment market on the basis of equipment type, dimension, end-use, and region:
- Equipment Type Outlook (Revenue, USD Billion; 2019-2032)
- Wafer Processing Equipment
- Etching Equipment
- Lithography Equipment
- Deposition Equipment
- Chemical Vapor Deposition (CVD)
- Physical Vapor Deposition (PVD)
- Chemical Mechanical Planarization (CMP) Equipment
- Dicing Machines
- Wafer Probing Machines
- Grinders
- Assembly & Packaging Equipment
- Die Bonders
- Chip Bonders
- Molding Equipment
- Testing Equipment
- Memory Testers
- System-Level Testers
- Metrology Equipment
- Optical Metrology Equipment
- Scanning Electron Microscopes (SEM)
- Profilometers
- Overlay Metrology Equipment
- Cleaning Equipment
- Wet Cleaning
- Dry Cleaning
- Others
- Wafer Processing Equipment
- Dimension Outlook (Revenue, USD Billion; 2019-2032)
- 2D ICs
- 2.5 ICs
- 3D ICs
- End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Semiconductor Fabrication Plant/Foundry
- Semiconductor Electronics Manufacturing
- Testing & Inspection
- Regional Outlook (Revenue, USD Billion; 2019-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
Closing Statement:
The Semiconductor Manufacturing Equipment Market is poised for substantial growth, driven by the increasing demand for semiconductors and technological advancements. With the potential to revolutionize various industries, the adoption of advanced manufacturing equipment is becoming indispensable. As global players continue to innovate and invest in research and development, the market is expected to reach a projected value of USD 222.49 Billion by 2032, growing at a CAGR of 10.4%. While challenges such as high costs and technological complexity persist, the benefits of advanced semiconductor manufacturing equipment are propelling the market towards a future of efficient and high-performance semiconductor production.
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DALIAN, China, July 1, 2024 /PRNewswire/ — “AI in healthcare is extremely challenging. For companies, it requires not only solving scientific problems but also understanding AI technology and respecting the complexity of the healthcare industry.” At the 15th Annual Meeting of the New Champions, also known as Summer Davos, Ms. Gong Rujing (Yingying), Chairwoman and Founder of Yidu Tech, was invited as a distinguished representative of the healthcare technology sector. She shared her unique insights into the future of AI in healthcare during the thematic dialogue on “Healthcare Analytics, Not Moving Fast Enough.”
This year marks the 10th anniversary of Yidu Tech and Ms. Gong Rujing’s decade-long dedication to the healthcare industry. From the inception of her entrepreneurial journey 10 years ago, she has been driven by the mission to leverage the power of technology to deliver precise healthcare to every individual.
Ms. Gong described the past decade as a journey filled with miracles and achievements. During this period, Yidu Tech has progressively established close collaborations with key stakeholders in the healthcare industry, including government agencies, hospitals, pharmaceutical companies, insurance firms, experts, and clinicians. As of March 31, 2024, Yidu Tech’s “AI Medical Brain” YiduCore has been authorized to process and analyze over 5 billion medical records, covering more than 2,500 hospitals.
In AI-powered clinical research, Yidu Tech has supported researchers and clinicians in producing over 240 high-level papers, accelerating the application of research outcomes. Additionally, Yidu Tech provides clinical trial services to globally renowned pharmaceutical companies, helping them optimize trial processes, reduce costs, and bring new drugs to market more swiftly, ultimately benefiting patients. In healthcare management, Yidu Tech’s AI technology plays a crucial role by analyzing vast amounts of medical data to provide comprehensive decision support to healthcare administrators, helping them optimize resource allocation and improve service efficiency.
“We are now entering a new era of AI technology.” The development of large language model technologies has opened up new possibilities across various industries. Yidu Tech has independently developed a large language model specific to the medical field and is advancing its application across the entire healthcare industry chain. The goal is to promote further progress and innovation through new AI technologies. However, Ms. Gong also emphasized that the healthcare industry is professional, complex, and sensitive, and the application of new technologies must address challenges such as data security, privacy protection, and ethics.
“Data security and privacy protection are fundamental to the development of AI technology and medical big data technology. We must ensure that all stakeholders are satisfied with compliance, security, accessibility, and privacy protection.”
“AI technology still has a long way to go.” She called on policymakers, healthcare institutions, and technology companies to work together to realize the immense potential of healthcare data. Ms. Gong highlighted that building trust is key, and enhancing data operability is essential to fully unleash the power of data. “It’s not just about better data quality; it’s about a better future for health.”
View original content:https://www.prnewswire.co.uk/news-releases/transforming-healthcare-with-ai-yidu-techs-gong-rujing-at-summer-davos-302186561.html
Artificial Intelligence
Yidu Tech’s FY2024 results: existing business achieves first full-year profit on adjusted EBITDA
HONG KONG, July 1, 2024 /PRNewswire/ — On June 27, 2024, Yidu Tech Inc. (the ”Company” or ”Yidu Tech”) (2158.HK), a leader in China’s AI medical industry, announced its results for the 2024 fiscal year. During the reporting period, the Company recorded revenue of RMB 807.1 million. Gross profit margin in FY2024 increased to 42.1% from 34.1% in FY2023, representing an increase of 8 percentage points, hitting a record high. Adjusted net loss narrowed from RMB 448.7 million in FY2023 to RMB158.1 million, down 64.8% year-on-year. The management of Yidu Tech said at the annual results conference the next day that excluding strategic investments in proprietary large language model, non-cash items, and non-operating items, the adjusted EBITDA for our current business has achieved profit, moving from a RMB 327 million loss to a profit of RMB 31.1 million for the first time this fiscal year.
Management added that as of market close on June 27, the Company’s P/B ratio has decreased to 1.06. Not including the valuation of its domestic and international businesses, its market value is still lower than its fund reserves on hand. As such, management believes that the Company’s share price is still severely undervalued. Notably, renowned sovereign fund BIA has continually increased its shareholding of Yidu Tech by 21.50% over the past two months. The management is confident in the Company’s long-term growth potential and hopes to continually create innovative technologies and increase returns to its shareholders.
In FY2024, Yidu Tech focused on its core business, improving internal operating efficiency and earning quality. Among its earnings, revenue from its big data platform and solutions segment reached RMB 313.6 million, an increase of 41.4% year-on-year. Revenue from its life science solutions segment reached RMB 324.0 million, up 28.1% year-on-year and the gross margin increased by 14.6 percentage points to a historical high of 32.1%. Revenue from its health management platform and solutions segment reached RMB 169.5 million, and the gross profit margin of this segment was 58.1%, representing a year-on-year increase of 17.4 percentage points.
During the reporting period, the Company has continued the development and training of large language model in the medical vertical field based on 500 billion fine-trained Tokens, with model training for 6B, 13B, and 70B parameters completed.
View original content:https://www.prnewswire.co.uk/news-releases/yidu-techs-fy2024-results-existing-business-achieves-first-full-year-profit-on-adjusted-ebitda-302185986.html
Artificial Intelligence
Lucinity’s AI Innovation Recognized at Microsoft’s Prestigious Global Partner Awards 2024
REYKJAVIK, Iceland, June 28, 2024 /PRNewswire/ — Lucinity has been recognized as a finalist in the AI Innovation category at the prestigious Microsoft Global Partner Awards 2024, recognizing its breakthrough AI solution and contribution to financial security through its collaboration with Microsoft.
Lucinity beat more than 4,700 companies to be named a finalist at the annual Microsoft Global Partner Awards, which highlights Lucinity’s achievements as a Microsoft partner in optimizing business processes, improving customer experiences, and opening new pathways for digital transformation.
This achievement comes in addition to winning two prestigious awards at Microsoft Partner Awards 2024 last month, including Partner of the Year – Iceland, and the Sustainability and Social Impact award.
The accolade recognizes Lucinity’s significant advancements in AI for financial crime operations, particularly through their AI-powered copilot, Luci. This innovative solution utilizes Microsoft Azure OpenAI technology to integrate advanced generative AI into financial crime investigations and regulatory compliance, optimizing processes and saving significant time and resources for financial institutions.
The Lucinity platform streamlines compliance, provides instant insights, and reduces typical investigation times from three hours to just 30 minutes. The technology can also save financial institutions an estimated $100 million in productivity savings, as well as savings in training and recruitment.
Microsoft comments on Lucinity’s award recognition, saying “Financial crime profoundly impacts our global community, with far-reaching economic, security, and social implications. It can harm a country’s reputation and increase exposure to criminal activities, emphasizing the critical need for robust anti-money laundering initiatives and persistent vigilance. Lucinity, with their innovative AI solutions, has really tried to combat this huge global challenge. They use ‘Human AI’ to enhance financial crime prevention, combining AI with human expertise for efficient, user-friendly solutions. Additionally, Lucinity has developed a tool called Luci, an AI-powered copilot that helps transform financial crime prevention from a process that took hours to one that takes minutes.”
“Being recognized as a finalist at the Microsoft Global Partner Awards is validation of our impactful collaboration with Microsoft in financial crime operations. Our partnership has been pivotal for our innovations, enabling us to use Azure OpenAI to bring tools like Luci to life and deliver impactful results for our clients,” says Guðmundur Kristjánsson, Founder & CEO of Lucinity.
Contact:Name: Celina PabloEmail: [email protected]: +354 792 4321
Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/lucinitys-ai-innovation-recognized-at-microsofts-prestigious-global-partner-awards-2024-302186091.html
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