Semiconductor Manufacturing Equipment Market Worth $149.8 Billion by 2028
The semiconductor manufacturing equipment market is projected to reach USD 149.8 billion by 2028 from USD 91.2 billion in 2023, at a CAGR of 10.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. The major factors driving the growth of the semiconductor manufacturing equipment market include surging demand for AI chips driven by future AI-driven workloads and applications and increasing demand for semiconductor fabrication facilities.
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