Global fab equipment spending for front-end facilities is expected to grow 18 percent to an all-time high of $107 billion in 2022, SEMI announced in its latest quarterly World Fab Forecast report.
The growth in global fab equipment spending for front-end facilities was 42 percent in 2021. The new report indicates that the spending will face a slow-down in the current year.
“Fab equipment spending is forecast to have another healthy year in 2023 and is expected to remain above the $100 billion mark,” said Sanjay Malhotra, vice president of Corporate Marketing and the Market Intelligence Team at SEMI. “We expect global semiconductor capacity to maintain steady growth this year and in 2023.”
Taiwan is expected to lead fab equipment spending in 2022, increasing investments 56 percent to $35 billion, followed by Korea at $26 billion, a 9 percent rise, and China at $17.5 billion, a 30 percent drop from its peak last year.
Europe / Mideast is forecast to record high spending of $9.6 billion this year, representing growth of 248 percent. Taiwan, Korea and Southeast Asia are expected to register record high investments in 2022. In the Americas, fab equipment spending will be touching $9.8 billion by 2023.