MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment rose to an all-time record of $107.6 billion last year, an increase of 5% from $102.6 billion in sales in 2021, SEMI reported.
For the third straight year, China remained the largest semiconductor equipment market despite a 5% slowdown in the pace of investments in the region year over year, accounting for $28.3 billion in billings. Taiwan, the second-largest destination for equipment spending, recorded an increase of 8% to $26.8 billion, marking the fourth straight year of growth for the region. Equipment sales to Korea contracted 14% to $21.5 billion. Annual semiconductor equipment investments in Europe surged 93%, while North America logged a 38% increase. Sales to the Rest of World and Japan increased 34% and 7% year over year, respectively.
“The record high for semiconductor manufacturing equipment sales in 2022 stems from the industry’s drive to add the fab capacity required to support long-term growth and innovations in key end markets including high-performance computing and automotive,” said Ajit Manocha, SEMI president and CEO. “Additionally, the results reflect investments and determination across regions to avoid future semiconductor supply chain constraints like those that surfaced during the pandemic.”
Global sales of wafer processing equipment rose 8% in 2022, while other front-end segment billings grew 11%. After robust growth in 2021, assembly and packaging equipment sales decreased 19% last year while total test equipment billings contracted 4% year over year.
Annual Billings by Region in Billions of U.S. Dollars with Year-Over-Year Change Rates
Region |
2022
|
2021
|
% Change
|
China |
28.27
|
29.62
|
-5%
|
Taiwan |
26.82
|
24.94
|
8%
|
Korea |
21.51
|
24.98
|
-14%
|
North America |
10.48
|
7.61
|
38%
|
Japan |
8.35
|
7.80
|
7%
|
Europe |
6.28
|
3.25
|
93%
|
Rest of World |
5.95
|
4.44
|
34%
|
Total |
107.64
|
102.64
|
5%
|
Sources: SEMI (www.semi.org) and SEAJ (www.seaj.or.jp), April 2023
Note: Summed subtotals may not equal the total due to rounding. |