Core Viewpoint - The article highlights the significant growth and localization of the semiconductor equipment market in China, emphasizing the upcoming 2025 TrendBank Lithography Industry Conference and the increasing demand for domestic semiconductor manufacturing equipment due to geopolitical tensions [1][3]. Group 1: Industry Overview - In 2024, the global semiconductor equipment market reached a sales scale of $116.1 billion, with China's market share at 36.7%, indicating a dominant position [1]. - The expansion of wafer fabrication equipment is driven by downstream technological iterations and market demand growth, with global revenue from wafer fabrication equipment consistently accounting for 10%-20% of the total semiconductor equipment market [2]. Group 2: Market Dynamics - The global wafer fabrication equipment market is still largely occupied by international companies, but China is the largest demand region, presenting significant opportunities for localization projects [3]. - The article notes that the localization of semiconductor equipment and components is becoming a hot investment area, following semiconductor materials and advanced packaging projects [1]. Group 3: Conference Details - The 2025 TrendBank Lithography Industry Conference will take place on July 9-10, 2025, in Hefei, Anhui, with participation from 24 industry, academic, and research institutions [1]. - The conference will feature various sessions focusing on advanced lithography technologies, domestic production of lithography materials, and the challenges and opportunities in the semiconductor industry [14][24].

Core Insights - China has the highest expenditure on semiconductor manufacturing equipment globally, with spending reaching $49.55 billion in 2023, a 35% increase year-on-year [1][2][3] - The total global expenditure on wafer fab equipment was $117.14 billion in 2023, marking a 10% increase from the previous year [2][3] Group 1: China's Semiconductor Market - China's spending on wafer fab equipment was $49.55 billion in 2023, up from $36.60 billion in 2022, reflecting a 35% growth [2] - China, South Korea, and Taiwan together accounted for 74% of the global market share in wafer fab equipment spending [3] - The growth in China's semiconductor market is supported by government policies and capacity expansion initiatives [3] Group 2: Regional Expenditure Trends - South Korea's expenditure on wafer fab equipment increased by 3% to $20.47 billion, driven by high demand for high bandwidth memory (HBM) [3] - Taiwan's spending decreased by 16% to $16.56 billion due to a slowdown in new equipment demand [2][3] - North America's spending grew by 14% to $13.69 billion, attributed to increased investments in advanced nodes and domestic production capabilities [3] Group 3: Japan's Semiconductor Equipment Sales - Japan's semiconductor manufacturing equipment sales reached a record high of 4,470.38 billion yen in April 2025, a 14.9% increase year-on-year [4][5] - Cumulative sales for the first four months of 2025 were 1 trillion 7,082.94 billion yen, a 23% increase compared to the same period last year [5] - Japan's semiconductor equipment market share is approximately 30%, making it the second largest globally after the United States [5] Group 4: Future Projections - Japan's semiconductor equipment sales are projected to grow by 5% in the fiscal year 2025, reaching 4 trillion 6,590 billion yen, and by 10% in 2026, surpassing 5 trillion yen for the first time [6]