Affected by the spread of the epidemic, the International Semiconductor Industry Association (semi) released the latest report. It is estimated that the equipment expenditure of global wafer factories in 2020 will increase by about 3% annually, showing a slow recovery trend, and it is expected that the situation will improve in the second half of this year.
According to the latest world Fab forecast released by semi today, global fab equipment expenditure will rebound from the low tide in 2019. After a steady recovery in 2020, it is expected to grow substantially in 2021, setting a new record for investment. 2020 will be a year of slow growth, with an annual growth rate of about 3% to US $57.8 billion. It is mainly affected by the shadow of the market downturn in the second half of 2019 in the first half of 2020, with an estimated recession of 18%. However, the situation will improve in the second half of this year, and the market will start to show signs of recovery.
Novel coronavirus pneumonia outbreak has caused China's Fab spending in 2020 to be affected, SEMI said. It also updated and revised the global wafer fab forecast report released in November 2019. Although novel coronavirus pneumonia continues to ferment, mainland equipment spending will increase by 5% this year, more than $12 billion, and the annual growth rate will increase to 22% in 2021, to 15 billion US dollars. The main driving force of market investment will be from Samsung, SK SK, Hynix and YMTC.
Semi also said that driven by TSMC and Meguiar investment, Taiwan will become the largest equipment expenditure market in 2020, with a total amount of nearly $14 billion. However, in 2021, it will decline 5% to the third place and spend more than $13 billion. In 2020, South Korea will become the second largest wafer equipment expenditure market, with an increase of 31% to US $13 billion, boosted by investment from Samsung and SK Hynix. In 2021, South Korea will grow by 26%, ranking first. In addition, 2020 is also a strong growth year for Southeast Asia (mainly Singapore), with an estimated annual growth rate of 33% and US $2.2 billion. In 2021, it is expected to continue to grow with a growth rate of 26%.
Semi also said that in all regions, equipment spending in Europe / Middle East will grow the strongest in 2020, with a substantial increase of more than 50% to US $3.7 billion, which will be maintained in 2021 under the investment support of Intel, St microelectronics and Infineon.
Semi further pointed out that in Japan, investment is mainly led by kioxia / Western Digital, Sony and Meguiar. In 2020, the equipment expenditure of the wafer factory will almost remain unchanged, with an increase of only 2%, and will slightly leap up by nearly 4% in 2021. However, the American market is in a backward trend. Expenditure in 2020 is expected to be smaller than that in 2019. Investment in fab equipment will fall by 24% to US $6.2 billion, and will continue to decline by 4% in 2021.