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Semiconductor Capital Equipment Market to Grow by USD 14.53 Billion (2024-2028) as Semiconductor Fabs Increase, with AI Powering Market Evolution- Technavio

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NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Semiconductor Capital Equipment Market  size is estimated to grow by USD 14.53 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.5%  during the forecast period. Rising number of semiconductors fabs is driving market growth, with a trend towards advances in wafer size. However, shortage of skilled and trained personnel  poses a challenge – Key market players include Advanced Micro Fabrication Equipment Inc, Advantest Corp., Applied Materials Inc., ASM International NV, ASML, Hitachi Ltd., II VI Inc., KLA Corp., Kulicke and Soffa Industries Inc., Lam Research Corp., Nikon Corp., Onto Innovation Inc., Planar Systems Inc., Screen Holdings Co. Ltd, Teradyne Inc., Tokyo Electron Ltd., Tokyo Seimitsu Co. Ltd., Veeco Instruments Inc., Vicky Electrical Contractors India Pvt. Ltd., and Voltabox AG.

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Forecast period

2024-2028

Base Year

2023

Historic Data

Segment Covered

Type (Wafer-level manufacturing equipment, Packaging and assembly equipment, and Automated test equipment) and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Advanced Micro Fabrication Equipment Inc, Advantest Corp., Applied Materials Inc., ASM International NV, ASML, Hitachi Ltd., II VI Inc., KLA Corp., Kulicke and Soffa Industries Inc., Lam Research Corp., Nikon Corp., Onto Innovation Inc., Planar Systems Inc., Screen Holdings Co. Ltd, Teradyne Inc., Tokyo Electron Ltd., Tokyo Seimitsu Co. Ltd., Veeco Instruments Inc., Vicky Electrical Contractors India Pvt. Ltd., and Voltabox AG

Key Market Trends Fueling Growth

The semiconductor industry has experienced significant shifts in wafer sizes over the past five decades, with the adoption of larger diameter wafers leading to cost savings of around 20%-25%. Currently, 300-mm wafers are widely used for manufacturing Integrated Circuits (ICs). This trend is anticipated to persist during the forecast period, with companies investing heavily in the construction and upgrading of 300-mm fabrication plants. For instance, SK Hynix is building an M14 fab for 300-mm technology in South Korea. However, there will still be demand for 200-mm wafers during the forecast period. Semiconductor component manufacturers are also planning to develop 450-mm wafer technology, with pilot production expected to begin during 2019-2020. These changes in wafer sizes will necessitate the need for advanced assembly and packaging equipment in the semiconductor industry. 

The semiconductor capital equipment market is experiencing significant trends driven by cloud computing, digital data, and the increasing use of artificial intelligence and machine learning technologies. Integrated device manufacturers require advanced equipment for semiconductor chips production, including panel displays and photolithography systems like EUV lithography and wafer steppers. The global semiconductor crisis necessitates investments in advanced packaging solutions such as system-level packaging and heterogeneous integration. The technological landscape is shifting towards energy efficiency, with next-generation process nodes like FinFET, 3D NAND, GaN, and SiC gaining popularity. The automotive sector’s electrification and autonomous driving trends fuel demand for semiconductor manufacturing equipment. A skilled workforce, equipment maintenance, and software solutions for process control and multi-step inspection are essential for maintaining efficiency and productivity. Equipment suppliers must adapt to meet these demands, offering retrofits and advanced lithography systems like photolithography and testing equipment. 

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Market Challenges

The semiconductor manufacturing sector is experiencing a significant challenge due to the retirement of baby boomers and the resulting skills gap. This issue is exacerbated by the declining focus on technical education and the growing preference of the younger generation for service industry careers. Consequently, there is a shortage of skilled personnel capable of manufacturing and operating complex machines. This lack of expertise has a ripple effect on the semiconductor market, particularly impacting sales of capital equipment such as assembly and wafer-level assembly equipment. The industry must address this issue through targeted education and training programs to ensure a steady supply of qualified workers and maintain the competitiveness of the semiconductor market.The semiconductor capital equipment market faces several challenges in various industries. In consumer electronics, keeping up with trends like smart wearables and industrial screens requires advanced processing technologies such as etching, ion implantation, wafer back grinding, and chemical evaporation. Manufacturing processes for semiconductor components in industries like medical and healthcare, IT, telecommunication, and electronics demand polishing, AI-machine learning, robotics arms, assembly equipment, and automated test equipment. Wafer processing, surface conditioning, chemical mechanical planarization, and chemical vapor deposition are essential for memory manufacturers and foundries. Small businesses and startups in the semiconductor sector also require affordable solutions for high-performance computing, data storage solutions, sensor market, and 5G technology. Transistors, microchips, and copper are key components in all these applications.

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Segment Overview 

This semiconductor capital equipment market report extensively covers market segmentation by

Type 1.1 Wafer-level manufacturing equipment1.2 Packaging and assembly equipment1.3 Automated test equipmentGeography 2.1 APAC2.2 North America2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 Wafer-level manufacturing equipment-  The semiconductor capital equipment market refers to the industry that manufactures and sells machinery, tools, and systems used in the production of semiconductors. This market is significant due to the continuous advancements in technology and the increasing demand for electronic devices. Companies in this market provide equipment for various processes such as wafer fabrication, testing, and packaging. Key players include Applied Materials, Lam Research, and Tokyo Electron. These companies invest heavily in research and development to offer innovative solutions and maintain their competitive edge. The market is expected to grow steadily due to the rising demand for semiconductors in various industries including automotive, consumer electronics, and telecommunications.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data ( – ) 

Research Analysis

The semiconductor capital equipment market is experiencing significant growth due to the increasing demand for advanced electronic devices, particularly smartphones, and the adoption of technological changes such as wireless technology and 5G services. The market is also driven by the need for low-cost semiconductors to support the mass production of consumer electronics. The semiconductor industry is undergoing a major shift towards 5G adoption, which is leading to an increase in wafer fabrication capacity and the expansion of foundries and memory manufacturers. The integration of augmented reality, mission-critical services, fixed wireless access, and the Internet of Things is also driving the demand for semiconductor production. Additionally, cloud computing, digital data, artificial intelligence, and integrated device manufacturers are fueling the growth of the semiconductor market. The sensor market, panel displays, semiconductor chips, and system-level packaging are also key areas of focus for semiconductor capital equipment manufacturers.

Market Research Overview

The semiconductor capital equipment market is experiencing significant growth due to the increasing demand for advanced electronic devices, including smartphones and consumer electronics, as well as the adoption of 5G services and technologies like wireless technology, augmented reality, and IoT. Technological changes in industries such as IT, telecommunication, medical, and automotive are driving the need for semiconductor components with advanced processing capabilities. Semiconductor manufacturing involves various processes like etching, ion implantation, wafer back grinding, chemical evaporation, polishing, and surface conditioning, which require specialized capital equipment. The integration of AI-machine learning, robotics arms, assembly equipment, and automated test equipment is essential for high-performance computing, data storage solutions, and sensor market applications. The semiconductor industry is undergoing a global crisis due to the shortage of microchips, transistors, and other semiconductor components. Foundries and memory manufacturers are investing in semiconductor production, and technology providers are developing advanced packaging solutions like heterogeneous integration, system-level packaging, and FinFET to address the crisis. The technological landscape is evolving rapidly, with the emergence of mission-critical services, fixed wireless access, and industrial verticals like manufacturing processes, smart wearables, industrial screens, and data centers. Small businesses and startups are also entering the semiconductor market with innovative solutions, fueling competition and innovation. The semiconductor industry is essential for various applications, including digital data, artificial intelligence, machine learning technologies, high-performance computing, and cloud computing. The semiconductor crisis and technological advancements are creating opportunities for capital equipment manufacturers to invest in advanced processing, copper, and other semiconductor manufacturing equipment. The automotive sector is also undergoing a digital transformation, with electrification, autonomous driving trends, and the integration of advanced technologies like AI and machine learning. These trends are driving the demand for semiconductor components and capital equipment in the automotive industry. In summary, the semiconductor capital equipment market is experiencing significant growth due to the increasing demand for advanced electronic devices, the adoption of 5G technology, and the digital transformation of various industries. Capital equipment manufacturers are investing in advanced processing, copper, and other semiconductor manufacturing equipment to meet the growing demand and address the global semiconductor crisis.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeWafer-level Manufacturing EquipmentPackaging And Assembly EquipmentAutomated Test EquipmentGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Tesla Owns Nearly 1 in 5 AI Answers About EVs. New 5W Index Ranks the Top 25 EV Brands by AI Citation Share.

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EV charging networks — Electrify America, EVgo, ChargePoint — are nearly invisible inside AI answers despite operating the infrastructure the entire category depends on.

MIAMI, July 25, 2026 /PRNewswire/ — 5W AI Communications, the AI Communications Firm, today released the 5W AI Visibility Index — EV, ranking the top 25 EV brands by modeled AI citation share across ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews. Tesla anchors the category at 18.4% — more than the next three brands combined. Rivian is second at 8.2%. Ford is third at 6.4%.

The Index is Volume 07 in 5W’s 2026 Consumer AI Visibility Index series. The full report is available at https://www.5wpr.com/research/ev-ai-visibility-index/.

More than a third of U.S. consumers now begin product research with an AI engine — not Google. For the EV category — where purchase consideration windows stretch six to twelve months and buyers cross-reference range, charging, ownership cost, and long-term reliability across dozens of sources — the answers the engines return are shaping the shortlist before a buyer walks into a dealership.

The Findings

Tesla dominates at 18.4% citation share — cited on virtually every consumer EV query across all five engines. Brand, product, and CEO overlap produce a citation profile no peer can match.Rivian (8.2%) is the dominant adventure-EV authority. The R1T and R1S anchor truck and SUV electric citation.Ford (6.4%) leads legacy automakers. The F-150 Lightning owns EV-truck queries; the Mach-E anchors EV-SUV comparisons.Lucid (4.8%) and Hyundai Ioniq (4.4%) complete the Tier 1 leaders. The Ioniq 5 and Ioniq 6 over-index against U.S. brand recognition.GM sits at #6 with 3.8% — despite scale — because Bolt, Lyriq, and Hummer EV are cited separately rather than as one GM-EV narrative. Ford consolidated its story. GM did not.Toyota (#17) and Honda (#18) are the two largest legacy automakers furthest behind in EV citation. The bZ4X, Solterra, and Prologue cite at rates far below what brand recognition would predict.EV charging networks are absent from the top 25. Electrify America, EVgo, and ChargePoint operate the infrastructure the entire category depends on — and have not built consumer-facing brand citation to match. The category is open.

“Every EV buyer starts inside a chatbox now. Tesla owns nearly one in five answers. The next three brands combined don’t match it. That’s a citation moat measured in AI — not TV budgets, not showroom count,” said Ronn Torossian, Founder and Chairman, 5W AI Communications. “GM is bigger than Rivian by every commercial metric and half its size in the answer. That gap costs sales. The charging networks are the biggest miss in the category — whoever builds the dominant ‘where should I charge’ answer anchors a multi-decade growth curve. Right now, none of them own it.”

The Five Engines Do Not Return Identical Answers

ChatGPT: Tesla, Rivian, Lucid, Ford, Hyundai dominate. Conservative and brand-anchored.Claude: Recurrent and CleanTechnica over-index. Data-source preference. Lighter on enthusiast brands.Perplexity: Reddit EV subreddits dominant. Out of Spec YouTube data heavily cited. Freshness-favored.Google AI Overviews: Tesla, InsideEVs, Edmunds, Kelley Blue Book dominate. Closest to a SERP-mirror.Gemini: YouTube EV creators dominate — Out of Spec, Munro Live, MKBHD at the highest rates.

Engine-aware strategy matters. A brand absent from one engine but present in another needs a different program than a brand absent across the board.

Methodology
Modeled directional estimates derived from publicly available data, observed retrieval patterns, structural signals, and the corresponding Everything-PR Citation Share Study — EV (Issue No. 07). Twenty-five brands, five engines, sixty-plus consumer-prompt query patterns. Not the output of logged query runs across millions of prompts. Intended as a strategic framework — not a definitive search-engine measurement.

The dominant outlets shaping EV citation are InsideEVs, Electrek, Recurrent, Edmunds EV, Car and Driver EV, CleanTechnica, and the Reddit-and-YouTube creator layer. Brand citation share is built primarily through presence inside that specific outlet set — and through Recurrent battery-data partnership for used-EV citation.

About 5W AI Communications
5W is the AI Communications Firm, building brand authority across the platforms where decisions now happen — ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews — alongside earned media, digital, and influencer channels. 5W combines public relations, digital marketing, Generative Engine Optimization (GEO), and proprietary AI visibility research to help clients measure and grow their presence in AI-driven buyer research. Founded in 2003, 5W is recognized as a Top U.S. PR Agency by O’Dwyer’s, named Agency of the Year in the American Business Awards®, honored as a 2026 Top Place to Work in Communications by Ragan, and named to Digiday’s WorkLife Employer of the Year list. 5W serves clients across B2C sectors — Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit — and B2B specialties including Corporate Communications, Reputation Management, Public Affairs, Crisis Communications, and Digital Marketing across Social, Influencer, Paid Media, GEO, and SEO. Learn more at 5wpr.com.

Media Contact
press@5wpr.com

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SOURCE 5W Public Relations

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TECNO Unveiled as Title Sponsor of The SAFF Championship Bangladesh 2026, Bringing AI Innovation to South Asian Football

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As Official Title Sponsor, TECNO joins hands with SAFF to inspire the next generation through football, innovation, and meaningful fan experiences.

DHAKA, Bangladesh, July 25, 2026 /PRNewswire/ — TECNO, an AI-driven innovative technology brand, officially announced its title sponsorship of the SAFF Championship Bangladesh 2026, South Asia’s premier international football tournament, during the tournament’s official launch ceremony in Dhaka.

Scheduled to take place from 4–17 November 2026, the championship will bring together South Asia’s leading national teams, celebrating the region’s passion for football while strengthening friendship, sporting excellence, and regional unity.

The partnership marks another milestone in TECNO’s global football journey while reinforcing the brand’s long-term commitment to South Asia—one of its most important strategic markets. Guided by its brand spirit, “Stop At Nothing,” TECNO believes football embodies the same values that define the brand: ambition, resilience, innovation, and the courage to pursue every dream.

A New Chapter for South Asian Football

The title sponsorship was officially announced during the SAFF Championship Bangladesh 2026 Official Launch Press Conference held in Dhaka. The event brought together representatives from the South Asian Football Federation (SAFF), the Bangladesh Football Federation (BFF), TECNO’s global and Bangladesh leadership teams, SAFF Member Associations, national team representatives, members of the diplomatic community, media, and digital creators to celebrate the official launch of the championship and TECNO’s role as its Title Sponsor.

Mr. Purushottam Kattel, General Secretary of SAFF, said: “The SAFF Championship represents the highest stage of football in South Asia, bringing together our Member Associations through competition, friendship, and a shared passion for the game. Today, as we unveil the identity of the SAFF Championship Bangladesh 2026, we are delighted to welcome TECNO as our Title Sponsor. This partnership reflects a shared commitment to elevating football across the region, and together we look forward to delivering a championship that inspires millions of supporters and creates lasting memories for South Asian football.”

Following the official logo unveiling ceremony, SAFF and TECNO exchanged the Title Sponsorship Agreement, formally launching their collaboration for the SAFF Championship Bangladesh 2026 and reaffirming their shared commitment to delivering an outstanding football experience for fans across South Asia.

A Shared Vision for Football

Delivering a recorded message during the ceremony, Guo Lei, General Manager of TECNO, reaffirmed the brand’s belief that football is a powerful platform for inspiring young people, connecting communities, and bringing innovation closer to fans.

“South Asia is home to one of the world’s youngest and most passionate football communities. Football has the unique power to bring people together beyond borders and cultures. We are proud to continue TECNO’s football journey through the SAFF Championship Bangladesh 2026 and look forward to working with SAFF to create unforgettable experiences for millions of football fans across the region.”

Speaking on behalf of TECNO Bangladesh, Rezwanul Hoque, CEO of Ismartu Technology BD Limited, said: “Football has become an important part of TECNO’s global journey because it reflects the values we believe in: passion, resilience, and the courage to dream bigger. Following our partnership with the Bangladesh Football Federation during the AFC Asian Cup Qualifiers, we are honoured to continue that journey as the Title Sponsor of the SAFF Championship Bangladesh 2026. Guided by our brand spirit, ‘Stop At Nothing,’ we look forward to working with SAFF and BFF to create a championship that inspires players, unites communities, and leaves a lasting legacy for football across South Asia.”

Welcoming the championship to Bangladesh, Mr. Fahad Karim, Vice President of the Bangladesh Football Federation (BFF), highlighted Bangladesh’s role as the host nation and officially marked the beginning of the journey toward the championship this November.

“Hosting the SAFF Championship 2026 is a proud moment for Bangladesh and an important milestone for football in our country. Today marks the beginning of our journey toward November, and we look forward to welcoming our fellow South Asian nations to Bangladesh for a championship that celebrates football, friendship, and regional unity. We are delighted to welcome TECNO as the Title Sponsor, and together with SAFF, our Member Associations, and our partners, we look forward to making this a memorable tournament for players, supporters, and the entire South Asian football community.”

TECNO’s Global Football Journey Continues

Football has been at the heart of TECNO’s global brand journey for nearly a decade. Through partnerships with Manchester City Football Club, the CAF Africa Cup of Nations, and the AFC Club Competitions, TECNO has consistently used football as a platform to inspire young people, connect communities, and celebrate the power of sport.

In Bangladesh, TECNO strengthened that commitment through its title sponsorship of the AFC Asian Cup Qualifiers in partnership with the Bangladesh Football Federation. The overwhelming passion shown by Bangladeshi supporters reaffirmed the country’s vibrant football culture and inspired TECNO to deepen its engagement with the sport.

The SAFF Championship Bangladesh 2026 represents the next chapter in TECNO’s football journey, reinforcing the brand’s commitment to South Asia and its rapidly growing community of young football fans.

Growing Together with Bangladesh

Bangladesh continues to be one of TECNO’s most important strategic markets. Alongside its growing smartphone business, the brand is expanding its AI ecosystem and strengthening long-term investments in retail, innovation, and local partnerships—reflecting its confidence in the country’s digital future and youthful consumer base.

Beyond technology, TECNO remains committed to empowering the next generation by supporting platforms that encourage ambition, creativity, and meaningful human connection.

Football Meets AI Innovation

Throughout the championship, TECNO plans to showcase AI-powered experiences designed to bring fans closer to the game. Powered by Ella, TECNO’s AI assistant, these experiences are intended to demonstrate how intelligent technology can enrich football engagement through interactive match information, smarter fan interactions, and immersive digital experiences.

By combining the emotional power of football with accessible AI innovation, TECNO and SAFF share a common vision of inspiring young people, strengthening communities, and creating richer experiences for football fans across South Asia.

As the countdown to November 2026 begins, TECNO, SAFF, and the Bangladesh Football Federation share a common ambition—to deliver a championship that celebrates the passion of South Asian football while inspiring the next generation through innovation, partnership, and the enduring spirit of “Stop At Nothing.”

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Tony Jaa Becomes GAC’s 30-Millionth Customer – GAC Wins Global Trust with “True Craftsmanship”

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GUANGZHOU, China, July 25, 2026 /PRNewswire/ — On July 16, at the roll-off ceremony for GAC’s 30-millionth vehicle, Feng Xingya, Chairman of GAC Group, handed over the key to the right-hand-drive GAC M8 PHEV (named GN8 overseas) to Tony Jaa. The milestone vehicle is headed straight for overseas markets.

Thai action superstar Tony Jaa’s choice reflects the trust of 30 million customers worldwide. That trust is built not on showmanship, but on GAC’s solid manufacturing “true craftsmanship.”

From Guangzhou to the world, there are no shortcuts – quality speaks for itself. While the industry runs standard “three-high” tests, GAC pushes further with “five-high, one-mountain, one-dust” extreme vehicle trials. New models undergo at least “two winters and one summer” of validation – a minimum 18 months of real-world road testing, covering 12 major categories and over 1,500 sub-items across wind tunnel labs and proving grounds.

For each overseas market, GAC conducts additional adaptive testing for local climate and road conditions – from Middle Eastern desert heat to Southeast Asia’s humidity and heavy rains.

Quality consistency starts at the smart manufacturing front. GAC’s AION Intelligent Eco-Plant is the world’s first “Lighthouse Factory” for new energy vehicles, featuring full-process digital quality monitoring. Automated robots with AI vision systems deliver millisecond response and millimeter-level precision – ensuring uniform quality whether vehicles roll off lines in Guangzhou or overseas plants.

Safety comes first. GAC’s magazine battery has been deployed in 1.5 million vehicles, accumulating over 160 billion kilometers of safe driving. The Starlink Safety Protection System serves nearly 2 million users, preventing 6.28 million potential incidents.

With this commitment to quality and safety, GAC has established a presence in 110 countries and won the trust of 30 million users. Standing at this new milestone, GAC will continue to refine its craftsmanship and deliver worry-free, high-quality mobility experiences to every customer worldwide.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

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