Semiconductor Equipment Outlook: When Geopolitics Overruns Fundamentals
ABSTRACT
2023 Semiconductor demand has been declining with very few bright spots. This would have usually resulted in a double digit decline the semiconductor equipment demand, but 2023 results have come in significantly better than expected. Large backlogs, China, and subsidies in all major semiconductor producing regions have driven the equipment demand well above the levels expected a year ago.
Semiconductor sales are showing signs of recovery in late 2023, but how will China and other regions continue to drive equipment demand from geopolitical perspective? What is the cycle profile and how will the governments play a role in driving equipment demand? Is semiconductor equipment demand decoupling from semiconductor sales permanently? The presentation will examine the key factors influencing equipment demand in 2024 and 2025, addressing key industry questions and critical issues to provide a long-term demand forecast. The presentation will examine the key factors influencing equipment demand in 2024 and 2025, addressing key industry questions and critical issues to provide a long-term demand forecast.
BIOGRAPHY
Risto Puhakka is Director of Market Research at TechInsights leading the company’s commercial operations and market research activities. He is an expert in Semiconductor Capital Equipment markets as well as Semiconductor Manufacturing. Risto advises managers, boards, and investors about semiconductor market trends and strategic industry statistics.