Gartner predicts that the overall foundry market will have a compound annual growth rate of 4.5% from 2019 to 2023, and market revenue is expected to reach $78.3 billion in 2023.

With the emergence of many new fabs significantly increasing equipment demand, investment in fab technology and product upgrades and additional capacity will increase.

The World Fab Forecast Report currently tracks 78 new factories and lines. These factories and lines have been or will start construction between 2018 and 2020 (with various possibilities), and eventually may require $220 billion in wafers. Round plant equipment.

According to incomplete statistics, the global semiconductor cleaning equipment market has reached 2.7 billion U.S. dollars in 2017, and it is expected that by 2025, this number will increase to 4.6 billion U.S. dollars. Although cleaning equipment accounts for a relatively low proportion of core equipment such as lithography machines in the semiconductor enterprise equipment market, about 5%-7%, cleaning equipment has a crucial impact on manufacturers' yield and economic benefits.

Therefore, cleaning, as an irreplaceable part of the semiconductor industry chain, has a stable and growing market space.

With the upgrade of process nodes and higher yield requirements, the demand for cleaning equipment will continue to increase.

According to SEMI forecasts, the compound growth rate of cleaning equipment in the next few years will reach 6.8%, and it is expected that it will reach USD 3.5-4 billion in 2020, which is a large market of RMB 20 billion.