Global Semiconductor CVD Equipment Market to Reach $22.7 Billion by 2031 – QY Research

 

Global Semiconductor CVD Equipment Market

According to QY Research, the global Semiconductor CVD Equipment market was valued at USD 14,018 million in 2024 and is projected to reach USD 22,705 million by 2031, growing at a CAGR of 6.8% during the forecast period from 2025 to 2031.

The global semiconductor Chemical Vapor Deposition (CVD) equipment market is witnessing strong growth driven by advancements in microelectronics, growing demand for high-performance chips, and rising investments in semiconductor fabrication plants. CVD equipment plays a vital role in producing high-purity, thin-film layers essential in the manufacturing of integrated circuits and memory devices.

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Key Trends Include:

• Transition towards advanced nodes (7nm and below) increasing demand for high-precision CVD tools.

• Rapid expansion of AI, IoT, and 5G technologies requiring more complex semiconductor devices.

• Growing adoption of atomic layer deposition (ALD) and plasma-enhanced CVD (PECVD) for better control over film thickness and uniformity.

• Rising integration of automation and AI in semiconductor fabrication equipment for process optimization.

Market Segments Analysis:
The market is segmented by type (thermal CVD, plasma-enhanced CVD, low-pressure CVD, etc.), application (memory, logic, foundry, sensors), and end-user (IDMs and foundries). Foundries dominate due to the high demand for contract manufacturing, while logic and memory applications are major consumers of CVD equipment.

Market Opportunity:
Emerging opportunities are evident in Asia-Pacific, especially in China, Taiwan, and South Korea, as countries ramp up local semiconductor production capabilities. Demand for semiconductors in automotive, healthcare, and smart devices also presents lucrative growth potential.

Growth Drivers and Challenges:
Key growth drivers include government subsidies for chip manufacturing, technological innovations in deposition methods, and increasing complexity in chip architectures. However, the market faces challenges such as high capital costs, supply chain disruptions, and dependence on a limited number of equipment vendors.