China business information network news: semiconductor is a kind of material with conductivity between conductor and insulator at normal temperature. It is also a material with controllable conductivity, ranging from insulator to conductor.
Semiconductor equipment is an important supporting industry of the whole semiconductor industry. The scale growth of China's semiconductor equipment market benefits from the vigorous development of the whole semiconductor industry and the continuous policy support of the state for the semiconductor industry in recent years. The industry's downstream wafer factories have successfully achieved mass production at key process nodes, and many domestic leading semiconductor manufacturing enterprises have entered the capacity expansion period, which has provided the source power for the improvement of the technical capacity of domestic semiconductor equipment enterprises and the expansion of the industrial scale.
China becomes the world's largest semiconductor equipment market
As the world's largest integrated circuit production and consumption market, China's integrated circuit industry is expanding. According to semi's statistics, the market scale of China's semiconductor equipment increased significantly, from 55.418 billion yuan in 2017 to 90.570 billion yuan in 2019. In 2020, China's semiconductor equipment market also maintained a rapid growth trend, with sales of 126.062 billion yuan, a year-on-year increase of 39.2%, becoming the world's largest semiconductor equipment market; In 2021, China's semiconductor equipment market continued to grow, with a sales volume of 19.335 billion yuan, a year-on-year increase of 58.1%, becoming the world's largest semiconductor equipment market for two consecutive years. In 2022, China's semiconductor industry is expected to continue to grow, reaching 274.515 billion yuan