The gross output of the Semiconductor Machinery Manufacturing Industry in the US has seen a significant decline from 2013 to 2023, with its value standing at 4.43 billion US dollars in 2023. Year-on-year variations show a persistent downward trend, with the percentage decrease intensifying slightly in recent years. Specifically, the industry experienced year-on-year declines of 6.22% in 2022 and 6.49% in 2023. The last 5-year CAGR until 2023 stands at -5.98%, indicating a steady average annual decrease over the period. Forecasts predict a continued decline, with a projected 5-year CAGR of -7.15% and a 31% reduction by 2028.
Emerging future trends to watch for include:
- Advances in semiconductor technology potentially reshaping demand dynamics.
- Increased investment in AI and quantum computing requiring specialized machinery.
- Potential government policies aimed at revitalizing domestic semiconductor manufacturing.
