Japan Semiconductor Manufacturing Equipment Market Size Insights
According to MarkNtel Advisors study The future of Japan Semiconductor Manufacturing Equipment Market size was valued at around USD 11.81 billion in 2024 and is projected to reach USD 19.40 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.63% during the forecast period, i.e., 2025-30.
What are the Key Driver in the Japan Semiconductor Manufacturing Equipment Market?
Increasing Adoption of EVs Hybrid Vehicles Drives Market Growth – The automobile industry in Japan has surged recently, due to the increasing inclination towards greener products, stringent government regulations, reduced road tax and tolls for EVs, subsidies incentives on the purchase of electric vehicles, etc. The Japanese government is encouraging the adoption of electric vehicles in Japan by offering nearly USD5,700 on Battery EV (BEV), USD3,852.75 on Plug-in Hybrid EV (PHEV), and USD17,867.85 on Fused Cell Vehicles (FCV) subsidies on the purchase of automobile under Clean Energy Vehicle Subsidy Program, in 2024, as per the Ministry of Economy, Trade and Industry (METI).
Similarly, other programs and tax exemptions are being deployed to increase the energy-friendly vehicles. These programs are initiated the support individuals due to the ban on gasoline-only vehicles since 2035. Thus, the impending ban and support have led to an increase in the sale of EVs in the country, with more than 60,000 units of EVs sold in 2024. The increasing sales of hybrid and electric vehicles have led the EV manufacturers Nissan, BYD, Toyota, etc., to expand their reach in the country. Such vehicles for power rely on semiconductor batteries; thus, the increase in the production of electric vehicles increases the demand for semiconductor batteries. Thus, the increasing need for semiconductor batteries in automotive vehicles, such as hybrid and electric vehicles, is driving the Semiconductor Manufacturing Equipment industry growth in the i japan.
What are the Key Segments in the Japan Semiconductor Manufacturing Equipment Market?
The Japan Semiconductor Manufacturing Equipment is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Equipment Type
- Memory Devices- Market Size Forecast 2020-2030, USD Million
- Logic Devices- Market Size Forecast 2020-2030, USD Million
- Analog IC- Market Size Forecast 2020-2030, USD Million
- Microprocessors (MPU)- Market Size Forecast 2020-2030, USD Million
- Microcontrollers (MCU)- Market Size Forecast 2020-2030, USD Million
- Discrete Power Devices- Market Size Forecast 2020-2030, USD Million
- Sensors- Market Size Forecast 2020-2030, USD Million
- Others- Market Size Forecast 2020-2030, USD Million
- By Material Used
- Silicon Carbide- Market Size Forecast 2020-2030, USD Million
- Gallium Manganese Arsenide- Market Size Forecast 2020-2030, USD Million
- Copper Indium Gallium Selenide- Market Size Forecast 2020-2030, USD Million
- Molybdenum Disulfide- Market Size Forecast 2020-2030, USD Million
- Others- Market Size Forecast 2020-2030, USD Million
- By End User
- Automotive- Market Size Forecast 2020-2030, USD Million
- Industrial- Market Size Forecast 2020-2030, USD Million
- Data Center- Market Size Forecast 2020-2030, USD Million
- Telecommunication- Market Size Forecast 2020-2030, USD Million
- Consumer Electronics- Market Size Forecast 2020-2030, USD Million
- Aerospace and Defense- Market Size Forecast 2020-2030, USD Million
- Healthcare- Market Size Forecast 2020-2030, USD Million
- Others- Market Size Forecast 2020-2030, USD Million
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How does geographical analysis highlight in the Japan Semiconductor Manufacturing Equipment market?
- By Region
- North
- East
- West
- South
Who are the Key Players in Japan Semiconductor Manufacturing Equipment Market?
Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Incorporated, STMicroelectronics NV, Micron Technology Inc., Xilinx Inc., NXP Semiconductors NV, Toshiba Corporation, Texas Instruments Inc., Taiwan Semiconductor Manufacturing Company (TSMC) Limited, Samsung Electronics Co. Ltd., Fujitsu Semiconductor Ltd., and others
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Japan Semiconductor Manufacturing Equipment Market News
2024: Taiwan Semiconductor Manufacturing Company (TSMC) Limited, in partnership with Sony, began mass production at its new Kumamoto semiconductor fab in Japan, following an $8.3 billion investment and over $3 billion in Japanese government subsidies.
2024: Micron Technology Inc. announced a USD3.8–5.1 billion investment to build a Hiroshima DRAM fab with EUV lithography, backed by USD1.3 billion in Japanese government subsidies, operational by 2027.
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- Risk Identification: Pinpoint challenges to inform strategic planning.
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