The latest forecast from the International Semiconductor Industry Association indicates that global semiconductor equipment market sales are expected to grow from USD 134.7 billion in 2025 to USD 229.5 billion in 2028, with a compound annual growth rate (CAGR) of 19.44% from 2026 to 2028. Specifically, sales are projected to reach USD 165.9 billion in 2026, up 23.2% year-on-year, and are expected to surpass USD 200 billion in 2027. The rapid development of artificial intelligence has driven growth in chip demand, subsequently boosting investment in semiconductor equipment. In terms of application areas, the front-end wafer fabrication equipment (WFE) market is expected to grow by 23.1% this year, reaching USD 143.9 billion, with growth rates of 21.8% and 14.1% projected for 2027 and 2028, respectively. The DRAM equipment market is forecast to grow by 39.0% year-on-year this year, reaching USD 38.8 billion, followed by growth rates of 27.4% and 15.0% over the next two years, with sales expected to reach USD 56.9 billion in 2028. The NAND equipment market is projected to grow by more than 30% for the second consecutive year, reaching USD 20.8 billion in 2028. The logic segment is expected to see a CAGR of 16.86% over the next three years. In the back-end market, semiconductor test equipment is set to grow by an additional 31.0% this year, following a 55.3% surge in 2025, reaching USD 20.8 billion. The packaging equipment market is expected to reach USD 8.6 billion in 2028.