TechInsights Critical Subsystems Driving Forces Update on Platform

Updated files include the following:

  • Driving Forces
    • Device Forecast Summary
      • History and Forecast for PV Revenues, Unit Shipments, and ASPs
    • Substrate Processing Equipment Forecasts
      • History and Forecast for Semiconductor, FPD, PV Manufacturing Equipment Revenues
      • Both Annual and Quarterly data
    • Substrate Processing Equipment Shipments
      • History and Forecast for Semiconductor, FPD, PV Manufacturing Equipment unit shipments
      • Both Annual and Quarterly data
      • Also shows Annual ASP for Semi, FPD, PV Manufacturing Equipment
    • Substrate Processing Equipment Installed Base
      • History and Forecast for Semiconductor, FPD, PV Manufacturing Equipment installed base
      • Annual data
    • Chamber Shipments
      • History and Forecast for Semiconductor, FPD, PV process chambers and module shipments
      • Both Annual and Quarterly data
    • CSUBs Forecasts
      • History and Forecast for Critical Subsystems
      • Both Annual and Quarterly data

TechInsights has updated 2022 estimates for equipment and subsystems. Combined Critical Subsystems sales are expected to have grown 10% in 2022 (Y-o-Y), surpassing $22B.

Semiconductor Critical Subsystem revenue is expected to come in at 11% growth in 2022, propelled by a strong WFE market. Headwinds are in full force and the semiconductor market is slowing down significantly in 2023. Therefore, we expect semiconductor critical subsystem sales to decline 18% in 2023 as chipmakers rein in spending to assess the slowing demand.

Critical Subsystems for FPD are expected to have fallen 4% in 2022 (Y-o-Y) and slump another 5% in 2023. The PV Subsystem market continued to grow in 2022 and is expected to finish the year with 30% growth followed by high single-digit growth in 2023.

2024 is forecasted to be a recovery year with double-digit growth in the Semiconductor Subsystem industry. FPD Subsystems are expected to recover in 2024 with single-digit growth. PV Subsystems are expected to have continued growth in 2024, this time increasing by single digits.

Free Newsletter

Get the latest analysis of new developments in semiconductor market and research analysis.


Subscribers can view the full article in the TechInsights Platform.

 

You must be a subscriber to access the Manufacturing Analysis reports & services.

If you are not a subscriber, you should be! Enter your email below to contact us about access.

The authoritative information platform to the semiconductor industry.

Discover why TechInsights stands as the semiconductor industry's most trusted source for actionable, in-depth intelligence.