Summary: The global semiconductor equipment market hit a record $120 billion in 2025, driven by aggressive fab construction and technology upgrades across major manufacturing hubs.
Equipment Market Milestone
The global semiconductor equipment market reached an unprecedented $120 billion in 2025, according to industry association data. This record spending was driven by simultaneous fab construction projects across the US, Europe, and Asia, as well as technology upgrades to advanced process nodes.
Lithography equipment remained the largest segment, accounting for approximately 28% of total spending, followed by deposition and etch equipment. ASML maintained its dominant position in advanced lithography, while Applied Materials and Lam Research led in deposition and etch respectively.
The equipment boom has created supply chain bottlenecks, with lead times for critical tools extending to 12-18 months for some categories.
