Semiconductor manufacturing equipment market in Europe is expected to grow from US$ 4.92 Bn in 2018 to US$ 6.53 Bn by the year 2027 with a CAGR of 2.8% from the year 2019 to 2027.
The integration of electronics in the automotive industry is fueling the growth of the semiconductor manufacturing equipment market. Moreover, the rising demand for semiconductor in advanced automation, artificial intelligence, and IoT based applications is anticipated to boost semiconductor manufacturing equipment market growth in the forecast period. Potentially, the automotive and industrial sectors present more substantial opportunities as compared to other industries due to the volumetric implementations of semiconductors and subsequently drive the demands for semiconductor manufacturing equipment
Some of the companies competing in the Europe Semiconductor Manufacturing Equipment Market are
Tokyo Electron Ltd.
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EUROPE SEMICONDUCTOR MANUFACTURING EQUIPMENT MARKET SEGMENTATION
By Equipment Type
In terms of type, the rotary Semiconductor Manufacturing Equipment segment accounted for a larger share of the SAM Semiconductor Manufacturing Equipment market in 2019. In terms of technology, the magnetic segment held the largest share of the Semiconductor Manufacturing Equipment market in 2019. Further, the consumer electronics segment held the largest share of the market based on end-user in 2019.
What questions does the Europe Semiconductor Manufacturing Equipment Market report answer about the regional reach of the industry
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