Semi: fab equipment spending zones in on record $100B

Global fab equipment spending for front-end facilities is expected to increase approximately 9 percent year-over-year to a new all-time high of 99 billion dollars in 2022, Semi reports. “After achieving a record level in 2022, the global fab equipment market is projected to remain healthy next year driven by new fabs and upgrade activity,” adds Ajit Manocha, Semi president and CEO.

Semi’s World Fab Forecast report shows a global capacity increase nearing 8 percent in 2022, reaching 7.7 percent following 7.4 percent rise in 2021. The fab equipment industry last saw a YoY growth rate of 8 percent in 2010, when it topped 16 million wafers per month (200mm equivalents). For In 2023, 29 million wafers per month are projected for 2023. Capacity growth is expected to continue in 2023, increasing 5.3 percent.