South Africa Semiconductor Manufacturing Equipment Market Size & Outlook
South Africa semiconductor manufacturing equipment market, 2018-2030 (US$M)
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South Africa semiconductor manufacturing equipment market highlights
- The South Africa semiconductor manufacturing equipment market generated a revenue of USD 193.8 million in 2023 and is expected to reach USD 284.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.6% 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.
Semiconductor manufacturing equipment market data book summary
| Market revenue in 2023 | USD 193.8 million |
| Market revenue in 2030 | USD 284.2 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Front-end |
| Fastest growing segment | Front-end |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 0.2% of the global semiconductor manufacturing equipment market in 2023.
- Country-wise, Taiwan is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Israel semiconductor manufacturing equipment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 284.2 million by 2030.
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Semiconductor Manufacturing Equipment Market Scope
Semiconductor Manufacturing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South 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 73.84% in 2023. Horizon Databook has segmented the South Africa semiconductor manufacturing equipment market based on front-end, back-end covering the revenue growth of each sub-segment from 2018 to 2030.
According to OEC, South Africa exported semiconductor devices worth USD 33.2 million in 2021. Meanwhile, semiconductor devices were the 295th most exported product in South Africa in 2021. The primary countries that were key importers of semiconductor devices from South Africa were China (USD 7.5 million), Zimbabwe (USD 6.7 million), Namibia (USD 3.7 million), Botswana (USD 2.3 million), and Eswatini (USD 2.2 million).
The country is currently exploring the multitude of possibilities that are being presented by cutting-edge technologies such as artificial intelligence (AI), Internet of Things (IoT), and renewable energy. These advanced technologies rely increasingly on semiconductor components.
This provides an excellent opportunity for South Africa-based companies to actively produce semiconductors and their manufacturing equipment.
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Target buyers of South 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa semiconductor manufacturing equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa semiconductor manufacturing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa semiconductor manufacturing equipment market size, by process, 2018-2030 (US$M)
South Africa Semiconductor Manufacturing Equipment Market Outlook Share, 2023 & 2030 (US$M)
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