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Semiconductor Machinery Manufacturing in the US - Market Research Report (2015-2030)

William Curtis William Curtis New York, United States Last Updated: February 2025 NAICS 33329a

Revenue

$26.1bn

2025

$26.1bn

Past 5-Year Growth

Profit

$X.Xbn

Employees

21,495

Businesses

151

Wages

$X.Xbn

Semiconductor Machinery Manufacturing in the US industry analysis

Despite product delays leading to revenue declines within the US in recent years, demand conditions within semiconductor machinery manufacturing have remained high. Employee lockdowns across Asia and supply chain inefficiencies affected output during 2022 and 2023. However, record prices for semiconductor components and federal government support have limited declines while supporting growth since. As a result, industry revenue has only decreased at a CAGR of 4.2% to reach $26.1 billion, increasing 4.9% in 2025 after declining 15.2% in 2022 and 28.1% in 2023. 

Trends and Insights

  • The US is ramping up semiconductor manufacturing. The CHIPS Act aims to re-establish the US as a leader in the semiconductor industry.
  • EUV Lithography is pushing chip technology to new heights. The technology is exclusively produced by ASML and delivers faster, cooler and more power-efficient chips.
  • Silicon Valley remains the tech industry's epicenter. The region is packed with technology offices, making it the go-to place for chip production equipment manufacturers who want to be close to their biggest clients and key shipping ports to Asia.
  • Entering the chip manufacturing market is extremely costly. Prospective players need hefty capital before they even sell a machine, as manufacturing tolerances are incredibly precise and demand expensive tools and software.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has declined at a CAGR of 4.2 % over the past five years, to reach an estimated $26.1bn in 2025.

Trends and Insights

Investment in semiconductor resilience has driven demand for equipment

  • The impact of the pandemic exposed vulnerabilities in the US computer chip manufacturing ecosystem, leading to inefficiencies in all stages of the semiconductor production space, including machinery manufacturing, which experienced significant declines in revenue between 2022 and 2023. Supply-chain disruptions have led to strategic shifts in the chip production sector, which has notably included the CHIPS and Science Act of 2022, designating $52.7 billion to enhance domestic semiconductor manufacturing and research. Of this, $39 billion has been allocated to gradually target the construction and expansion of fabrication facilities, while $13.2 billion focuses on research and development initiatives. Meanwhile an additional $500 million has been allocated specifically for semiconductor machinery and related supply chain enhancements.
  • Additional trends and insights available with purchase
Semiconductor Machinery Manufacturing in the US
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Domestic demand for advanced semiconductor machinery will accelerate as fabrication projects are completed

  • According to the Semiconductor Industry Association, after trending towards 8% of global FAB capacity, the United States has recovered to reach 10% and will likely reach 14% of global capacity by 2032 as additional funding is allocated to chip manufacturing. Between 2022 and 2032, the United States is on pace to achieve a 203% increase in chip fabrication plant production capacity, which is by far the world's largest growth rate moving forward. Compared to an 11% growth rate between 2012 and 2022, this will be a significant transition and increase demand for machinery equipment moving forward.

Biggest companies in the Semiconductor Machinery Manufacturing in the US

Company
Market Share (%)
2025
Revenue ($m)
2025
Profit ($m)
2025
Profit Margin (%)
2025
3,736.4
1,243.5
33.3
2,950.8
874.5
29.6
2,453.6
583.8
23.8

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Semiconductor Machinery Manufacturing in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Wafer equipment - chemical and physical vapor deposition, Wafer equipment - plasma and wet etch and Ion implantation equipment. Wafer equipment - chemical and physical vapor deposition is the largest segment of the Semiconductor Machinery Manufacturing in the US.

Trends and Insights

Chemical and physical vapor deposition wafer equipment drive industry revenue

  • Constituting 44.9% of the industry's revenue, wafer equipment used in chemical and physical vapor deposition is vital for creating thin films on semiconductor wafers. This segment includes methods such as Chemical Vapor Deposition (CVD) and Physical Vapor Deposition (PVD), essential in forming layers for various electronic components. Such techniques are integral to producing high-performance chips, offering capabilities to deposit materials with precision and uniformity over the wafer surface.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry manufactures equipment used to make semiconductors, more commonly known as chips or integrated circuits. Products manufactured include wafer-processing equipment, semiconductor assembly and packaging equipment and other semiconductor-making machinery.

What's included in this industry?

Manufacturing etching equipmentManufacturing microlithographyManufacturing semiconductor assembly and packaging machineryManufacturing chemical vapor deposition (CVD) equipmentManufacturing surface mount machinery for making printed circuit boardsManufacturing thin-layer deposition equipmentManufacturing wafer-processing equipmentManufacturing photolithography equipmentManufacturing microelectromechanical systems (MEMS) manufacturing equipment

Companies

Asml Holding NvApplied Materials Inc.Tokyo Electron Ltd

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Related Terms

FABWAFERBOOK-TO-BILL RATIOPHOTOVOLTAICNANOMETER (NM)SEMICONDUCTOR

Industry Code

NAICS 2017

NAICS 333242 - Semiconductor Machinery Manufacturing in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The US is ramping up semiconductor manufacturing. The CHIPS Act aims to re-establish the US as a leader in the semiconductor industry.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

EUV Lithography is pushing chip technology to new heights. The technology is exclusively produced by ASML and delivers faster, cooler and more power-efficient chips.

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Silicon Valley remains the tech industry's epicenter. The region is packed with technology offices, making it the go-to place for chip production equipment manufacturers who ...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each state in 2025
  • Number and share of revenue each state accounts for in 2025
  • Number and share of wages each state accounts for in 2025
  • Number and share of employees in each state in 2025

Detailed analysis

  • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Entering the chip manufacturing market is extremely costly. Prospective players need hefty capital before they even sell a machine, as manufacturing tolerances are incredibly...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

A cluster of massive, close-knit companies dominate the industry. Smaller operations can’t afford the billions in research and development needed to upend the semiconductor i...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Asml Holding Nv's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Applied Materials Inc.'s performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Tokyo Electron Ltd's performance by revenue, market share and profit margin from 2019 through 2025

Detailed analysis

  • Description and key data for Asml Holding Nv, and factors influencing its performance in the industry
  • Description and key data for Applied Materials Inc., and factors influencing its performance in the industry
  • Description and key data for Tokyo Electron Ltd, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The CHIPS and Science Act is revitalizing domestic semiconductor production with $52 billion in subsidies. This influx is addressing supply chain issues and boosting the grow...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

High labor costs stem from specialized skills. Semiconductor machinery engineers command hefty salaries, often exceeding $150,000, due to the unique and complex nature of the...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Industry Multiples (2018-2023)
  • Industry Tax Structure (2018-2023)
  • Income Statement (2018-2023)
  • Balance Sheet (2018-2023)
  • Liquidity Ratios (2018-2023)
  • Coverage Ratios (2018-2023)
  • Leverage Ratios  (2018-2023)
  • Operating Ratios (2018-2023)
  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Semiconductor Machinery Manufacturing in the US industry in United States in 2025?

The market size of the Semiconductor Machinery Manufacturing in the US industry in United States is $26.1bn in 2025.

How many businesses are there in the Semiconductor Machinery Manufacturing in the US industry in 2025?

There are 151 businesses in the Semiconductor Machinery Manufacturing in the US industry in United States, which has grown at a CAGR of 0.1 % between 2020 and 2025.

Has the Semiconductor Machinery Manufacturing in the US industry in United States grown or declined over the past 5 years?

The market size of the Semiconductor Machinery Manufacturing in the US industry in United States has been declining at a CAGR of 4.2 % between 2020 and 2025.

What is the forecast growth of the Semiconductor Machinery Manufacturing in the US industry in United States over the next 5 years?

Over the next five years, the Semiconductor Machinery Manufacturing in the US industry in United States is expected to grow.

What are the biggest companies in the Semiconductor Machinery Manufacturing in the US market in United States?

The biggest companies operating in the Semiconductor Machinery Manufacturing market in United States are Asml Holding Nv, Applied Materials Inc. and Tokyo Electron Ltd

What does the Semiconductor Machinery Manufacturing in the US in United States include?

Manufacturing etching equipment and Manufacturing microlithography are part of the Semiconductor Machinery Manufacturing in the US industry.

Which companies have the highest market share in the Semiconductor Machinery Manufacturing in the US in United States?

The company holding the most market share in United States is Asml Holding Nv.

How competitive is the Semiconductor Machinery Manufacturing in the US industry in United States?

The level of competition is high and steady in the Semiconductor Machinery Manufacturing in the US industry in United States.

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Competitors

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Methodology

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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the US include: 

  • US Census Bureau
  • US Bureau of Labor Statistics
  • US International Trade Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

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