Middle East & Africa Semiconductor Manufacturing Equipment Market Size & Outlook
Middle East & Africa semiconductor manufacturing equipment market, 2018-2030 (US$M)
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MEA semiconductor manufacturing equipment market highlights
- The MEA semiconductor manufacturing equipment market generated a revenue of USD 1,650.1 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, front-end was the largest revenue generating process in 2023.
- Front-end is the most lucrative process segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,650.1 million |
| Market revenue in 2030 | USD 2,400.0 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Front-end |
| Fastest growing segment | Front-end |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Front-end, Back-end |
| Key market players worldwide | Applied Materials Inc, Lam Research Corp, KLA Corp, ASML Holding NV ADR, Tokyo Electron Ltd, Advantest Corp, Screen Holdings Co Ltd, Cohu Inc, ACM Research Inc Class A, Nordson Corp, EV Short Duration Diversified, Ferrotec Holdings Corp, Tokyo Seimitsu, Modutek |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.6% of the global semiconductor manufacturing equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 123,368.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Semiconductor Manufacturing Equipment Market Scope
Semiconductor Manufacturing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa semiconductor manufacturing equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to semiconductor manufacturing equipment market will help companies and investors design strategic landscapes.
Front-end was the largest segment with a revenue share of 73.42% in 2023. Horizon Databook has segmented the Middle East & Africa semiconductor manufacturing equipment market based on front-end, back-end covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & African countries are experiencing rapid development due to ongoing industrialization and urbanization, resulting in an increased demand for semiconductor-based products such as advanced machinery, computers, and consumer goods.
As a result, these countries are trying to set up semiconductor manufacturing units in the region leading to new growth opportunities for semiconductor equipment manufacturers in the Middle East & Africa. For instance, in March 2022, the King Abdulaziz City for Science and Technology (KACST) launched the Saudi Semiconductor Program.
The program aims to support research and development activities related to electronic chip design and localization in the country, as well as to impart training to professionals for the same. The goal of the Saudi Semiconductor Program is to localize the semiconductors industry and help the country achieve the objectives of its Saudi Vision 2030 program.
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Target buyers of Middle East & Africa semiconductor manufacturing equipment market databook
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Our clientele includes a mix of semiconductor manufacturing equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa semiconductor manufacturing equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa semiconductor manufacturing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA semiconductor manufacturing equipment market size, by country, 2018-2030 (US$M)
Middle East & Africa Semiconductor Manufacturing Equipment Market Outlook Share, 2023 & 2030 (US$M)
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