Wafer processing and assembly equipment market seen reaching $148.95B by 2030

The Business Research Company says the wafer processing and assembly equipment market will grow to $148.95 billion by 2030, driven by semiconductor manufacturing expansion and rising electric vehicle demand. North America led the market in 2025, while Asia-Pacific is expected to post the fastest growth.

Why it matters: - The wafer processing and assembly equipment market sits at the center of semiconductor production. - Growth in this market points to more investment in advanced chipmaking, packaging and inspection tools. - Electric vehicle production is adding demand for the high-precision semiconductors these systems help make.

What happened: - The Business Research Company projected the wafer processing and assembly equipment market will rise at a 7.2% CAGR through 2030. - The market is expected to grow from $105.21 billion in 2025 to $112.92 billion in 2026. - The market is forecast to reach $148.95 billion by 2030. - The report was released Oct. 26, 2026, from London.

The details: - The forecast cites expanding semiconductor production capacity as a major growth driver. - Higher demand for precise wafer fabrication is supporting equipment sales. - Wider adoption of automated wafer handling systems is also fueling growth. - Semiconductor foundry expansion is adding momentum. - Investment in advanced packaging infrastructure is increasing. - The report points to rising need for high-density semiconductor devices. - Heterogeneous integration techniques are becoming more common. - Wafer processing throughput requirements are climbing. - Demand is rising for wafer-level packaging. - Next-generation semiconductor manufacturing tools are being deployed. - The report expects more use of advanced wafer fabrication equipment. - It also expects broader integration of automated handling and assembly systems. - High-precision wafer inspection and metrology solutions are gaining ground. - Sophisticated packaging and wafer-level assembly technologies are being adopted for high-throughput production. - The report defines wafer processing and assembly equipment as machinery used to turn raw silicon wafers into functional electronic components while maintaining consistency, process control and high yield. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The company offers a sample report and full report online: More information and the full report.

Between the lines: - The report frames EV adoption as a major demand engine because electric vehicles require advanced power semiconductors. - The International Energy Agency reported that electric vehicle sales in 2023 increased by 3.5 million units from 2022, a 35% year-over-year gain. - North America held the largest share of the market in 2025. - Asia-Pacific is expected to be the fastest-growing region during the forecast period. - That regional split suggests mature manufacturing strength in North America and faster buildout in Asia-Pacific.

What's next: - The market is expected to keep benefiting from semiconductor capacity additions and packaging upgrades. - Growth will likely track demand for more efficient chips in EVs and other electronics applications. - The report says future market activity will center on automation, inspection and advanced assembly technology. - The company also says 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrices, dashboards and trend graphics.