TechInsights predicts strong growth in semiconductor equipment market through 2025

According to the Semiconductor Manufacturing Market Outlook 2025 released by TechInsights, IC sales are expected to grow 26% in 2025 due to improved end-user demand and rising prices. With more equipment sold, IC sales are expected to jump 17%, which will drive a corresponding 17% increase in silicon demand. As a result, TechInsights expects the semiconductor equipment market to have a strong year of growth next year, with an estimated increase of 19.6%.