Semiconductor manufacturing equipment market to reach USD 344.36bn by 2032, growing at 11% CAGR
India, Sept. 2 -- The global semiconductor manufacturing equipment Market was valued at USD 166.35 billion in 2025, and is projected to reach USD 344.36 billion by 2032, growing at a CAGR of 11% from 2025 to 2032, according to a new report by MarketsandMarkets.
The rapid adoption of artificial intelligence (AI) and high-performance computing (HPC) applications is significantly driving demand for advanced-node, high-performance semiconductors, as the expansion of data centers for AI training and inference fuels investment in cutting-edge logic and memory capacities, requiring increasingly sophisticated manufacturing equipment.
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