爱集微：2024年前道设备上市公司总收入同比增长37% 国产化进程持续推进
Sou Hu Cai Jing·2025-07-22 12:12

Core Insights - The report by Aijimi highlights the growth and performance of China's semiconductor front-end equipment industry, projecting a total revenue of 65.073 billion yuan in 2024, a year-on-year increase of 37.05% with a gross margin of approximately 40.52% and R&D expenditure accounting for 14.95% of revenue [1] Industry Overview - The strong demand for chips is driving continuous iterations in chip processes, leading to a focus on precision and integration in integrated circuit equipment [2] - Global sales of integrated circuit equipment are expected to reach $116.1 billion in 2024, marking a historical high, with mainland China maintaining its position as the largest consumer market for integrated circuit equipment at $49.1 billion [2] - The advanced packaging market is projected to grow from $37.8 billion in 2023 to $69.5 billion by 2029, driven by AI, high-performance computing, and 5G/6G technologies [2][3] Market Segmentation - Wafer manufacturing equipment market size was approximately $98 billion in 2022, expected to decline to $86 billion in 2023 due to inventory adjustments, but projected to exceed $120 billion by 2027 with a CAGR of 4.2% [3] - Etching equipment market is expected to grow from $23 billion in 2022 to $35 billion by 2027, with a CAGR of 8.7% [4] - Chemical mechanical polishing (CMP) market is projected to increase from $4.2 billion in 2022 to $6.8 billion by 2027, with a CAGR of 10.1% [5] - Packaging equipment market is expected to grow from $7.8 billion in 2022 to $15 billion by 2027, with a CAGR of 14% [5] Domestic Market Dynamics - China's semiconductor equipment market is growing significantly faster than the global market, driven by rapid domestic semiconductor industry development and strong government support [6] - The localization rate of different types of semiconductor equipment varies, with notable performance in the de-bonding equipment sector, while the localization rate for photolithography equipment remains very low at approximately 1% [7]