HBM 제조 장비 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the HBM manufacturing equipment market size is expected to increase from USD 1.28 billion in 2025 to USD 1.67 billion in 2026 and reach USD 4.98 billion by 2031, growing at a CAGR of 24.40% over 2026-2031.

This report is Segmented by Equipment Type (TSV Etch Equipment, and More), Bonding Technology (Thermocompression Bonding, Hybrid Bonding, and More), HBM Generation (HBM2E, HBM3, HBM3E, and More), Stacking Method (Die-To-Wafer, Wafer-To-Wafer, and Die-To-Die), End User (Memory Makers, Foundries, and OSATs), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global HBM Manufacturing Equipment Market Trends and Insights

AI Memory Stack Density Driving TSV And Hybrid Bonding Tool Demand

The HBM manufacturing equipment market is now tied more closely to AI accelerator deployment than to the older DRAM replacement cycle. Higher AI model complexity is pushing memory stacks toward denser TSV arrays, tighter bonding pitch, and more demanding planarization steps, which raises equipment intensity per wafer start. Applied Materials introduced the Nokota Vmax 2 electrochemical deposition tool with adaptive pattern tuning to address plating variation across TSV arrays at very fine pitch nodes. This matters because defects that were manageable at earlier geometries can now reduce yield across an entire multi-die stack. The HBM manufacturing equipment market is therefore seeing demand that follows compute roadmaps, as NVIDIA's Rubin platform specification for 8 HBM4 stacks and 22 terabytes per second of aggregate bandwidth is already influencing supplier planning. That combination makes tool demand both visible and durable through the forecast period.

Migration To HBM4 And Lower-Pitch Interconnects

HBM4 is raising the technical bar for the HBM manufacturing equipment market by moving to a 2,048-bit interface and pushing per-stack bandwidth above 2 terabytes per second. Those changes require tools that can handle individual DRAM dies measuring nearly 30 micrometers thick while maintaining alignment within sub-100-nanometer tolerances across the full stack. Besi stated in its Q1 2026 discussion that all 3 major memory manufacturers are evaluating hybrid bonding tools to the same customer requirement, with commercial deployment of hybrid-bonded stacks targeted for 2027. The transition is also expanding demand in Taiwan, as HBM4 base dies are being fabricated on advanced logic nodes at TSMC rather than remaining entirely within traditional memory flows. That changes the tool mix, since bonding, CMP, metrology, and TSV steps now need to satisfy both memory and foundry qualification standards. The HBM manufacturing equipment market is therefore being reshaped not only by higher stack counts, but also by the broader process integration required to support logic-rich base dies.

Extreme Capex Intensity And Long Qualification Cycles

A major limit on the HBM manufacturing equipment market is the high cost of next-generation bonding systems and the long qualification cycle needed before those tools can support production yield. That cost structure slows procurement even when device demand is strong, because tool decisions must be matched with long validation periods inside customer fabs. The burden is also uneven, since large memory makers with established process relationships can move faster than new packaging entrants or OSATs. In some cases, new participants may face qualification timelines of more than 18 months before a line becomes production-ready. The HBM manufacturing equipment market, therefore, grows more slowly than end demand alone would suggest, because capex discipline and qualification risk narrow the customer set.

Other drivers and restraints analyzed in the detailed report include:

1. Advanced Packaging Capacity Additions By Memory Makers
2. Rising Need For Ultra-Flat Surfaces And Defect-Free Interfaces
3. Yield Sensitivity In High-Aspect-Ratio Tsv And Hybrid Bonding Flows

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Wafer/Die Bonding Equipment held 33.81% of the HBM manufacturing equipment market share in 2025, which made it the largest equipment category in current production lines. Its lead came from HBM3E volume manufacturing across SK hynix, Samsung, and Micron, where thermocompression bonders remain the central tool for die stacking. This position is also supported by long qualification cycles, because a fully approved bonding tool is difficult to displace once it is embedded in a high-volume line. TSV Etch Equipment and CMP Equipment followed as important linked process categories, since etch forms the via structure and CMP prepares the surface for later bonding stages. The HBM manufacturing equipment market continues to reward vendors that can support both throughput and repeatability in these tightly linked steps.

Temporary Bonding and Debonding Equipment is projected to grow the fastest, at a 25.38% CAGR from 2026 to 2031, reflecting the move toward thinner DRAM dies and taller stack designs. EV Group said its IR Layer Release technology enables nanometer-level precision laser debonding of silicon and eliminates the need for glass substrates in advanced temporary bonding flows. That matters because handling dies below 30 micrometers becomes more difficult as stack counts rise and wafer thinning intensifies. SUSS MicroTec has maintained a strong position in temporary bonding and debonding, which makes it relevant to both today's HBM ramps and future wafer-level stacking programs. Interoperability across these tool sets is becoming more important as customers try to reduce integration time across complex packaging flows. That is why the HBM manufacturing equipment industry is placing greater value on suppliers that can fit into an existing line without creating new process friction. The HBM manufacturing equipment market is therefore expanding not only through higher tool counts, but also through the growing need for compatible multi-step platforms.

Thermocompression bonding accounted for 72.46% of the HBM manufacturing equipment market in 2025, reflecting its near-universal use across HBM3E production. It remains the production standard because it can support stacked DRAM assembly at pitches of 9 to 55 micrometers with known heat and pressure control profiles. This shows how single-customer exposure can still define the economics of a major bonding supplier in the HBM manufacturing equipment market. Temporary wafer bonding and debonding also grow alongside thermocompression lines because it enables safer handling during grinding, TSV exposure, and metallization.

Hybrid bonding is projected to grow at a 25.89% CAGR from 2026 to 2031, making it the fastest-growing bonding technology as stack heights exceed current thermocompression limits. SUSS MicroTec introduced the XBC300 Gen2 D2W platform as an integrated system covering wafer-to-wafer, collective die-to-wafer, and sequential die-to-wafer bonding with alignment accuracy of plus or minus 100 nanometers. Samsung is developing hybrid bonding internally through SEMES, while Besi has already shipped evaluation units to all 3 major memory manufacturers. The shift is important because zero-gap copper-to-copper bonding allows higher bandwidth density per unit area than bump-based interconnects. Adoption will still move in phases, since hybrid bonding costs remain 2 to 3 times those of flip-chip bonding per die and must come down through yield improvement. The HBM manufacturing equipment industry is therefore entering a period where both legacy and next-generation bonding lines will coexist. That coexistence keeps the HBM manufacturing equipment market attractive for vendors that can serve current mass production while also securing future qualification wins.

Complete Report Scope:

• By Equipment Type
  • TSV Etch Equipment
  • Wafer/Die Bonding Equipment
  • CMP Equipment
  • Temporary Bonding and Debonding Equipment
  • Metrology and Inspection Equipment
• By Bonding Technology
  • Thermocompression Bonding
  • Hybrid Bonding
  • Temporary Wafer Bonding and Debonding
• By HBM Generation
  • HBM2
  • HBM2E
  • HBM3
  • HBM3E
  • HBM4
• By Stacking Method
  • Die-to-Wafer
  • Wafer-to-Wafer
  • Die-to-Die
• By End User
  • Memory Makers
  • Foundries
  • OSATs
• By Geography
  • North America
    • United States
    • Rest of North America
  • Europe
    • Germany
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • South America
  • Middle East and Africa

Geography Analysis

Asia-Pacific accounted for 82.14% of the HBM manufacturing equipment market size in 2025 and is projected to grow at a 25.28% CAGR through 2031. South Korea remains the center of this regional position because it combines the largest HBM production base with major new commitments in packaging and fabrication. Taiwan is becoming increasingly important because TSMC's advanced foundry services are driving HBM base-die production onto logic-intensive manufacturing lines. Japan also plays a dual role through domestic equipment suppliers such as SCREEN, DISCO, ULVAC, and Tokyo Electron, as well as through Micron's HBM expansion in Hiroshima. The HBM manufacturing equipment market stays concentrated in Asia-Pacific because the region combines memory production, supplier density, and established qualification infrastructure. China is still building a more separate domestic ecosystem, but export controls on advanced packaging tools continue to limit its access to global best-in-class equipment. That is creating a parallel path for local tool development rather than a direct challenge to incumbent suppliers across the main regional demand centers.

North America still holds a much smaller share than Asia-Pacific in the current HBM manufacturing equipment market, but its long-term role is strengthening as U.S. semiconductor incentives support new capacity. Micron's plan to build major manufacturing capacity in Onondaga County, New York, along with expansion in Boise, shifts the United States toward a more meaningful future demand center for bonding, TSV, and advanced packaging tools. Europe contributes less through memory production and more through supplier strength, especially through EV Group in Austria and SUSS MicroTec in Germany. EV Group remains central in wafer bonding and layer transfer, while SUSS MicroTec is advancing hybrid bonding capabilities that align with the next stage of the HBM manufacturing equipment market. Besi in the Netherlands also holds a strategically important place because all 3 major memory producers are evaluating its hybrid bonding tools.

South America, the Middle East, and Africa account for only a minimal share of current demand in the HBM manufacturing equipment market. Neither region has a major installed base of HBM fabrication or advanced packaging capacity, so equipment spending remains limited to smaller testing and electronics assembly needs. Government semiconductor programs in parts of the Gulf and electronics incentive frameworks in Brazil could support longer-term packaging activity, but meaningful HBM-specific procurement remains beyond the current forecast window. The HBM manufacturing equipment market, however, is geographically concentrated, with the main competitive and investment actions still centered on Asia-Pacific and selected projects in North America and Europe.

1. Applied Materials, Inc.
2. Lam Research Corporation
3. Tokyo Electron Limited
4. EV Group Holding GmbH
5. ASMPT Limited
6. BE Semiconductor Industries N.V.
7. Hanmi Semiconductor Co., Ltd.
8. SCREEN Holdings Co., Ltd.
9. KLA Corporation
10. Onto Innovation Inc.
11. SUSS MicroTec SE
12. Shibaura Mechatronics Corporation
13. DISCO Corporation
14. Kulicke and Soffa Industries, Inc.
15. Canon Inc.
16. ULVAC, Inc.
17. Ebara Corporation
18. Hitachi High-Tech Corporation
19. Plasma-Therm LLC
20. Oxford Instruments plc
21. Advanced Micro-Fabrication Equipment Inc. China

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 AI Memory Stack Density Driving TSV and Hybrid Bonding Tool Demand
  • 4.2.2 Migration to HBM4 and Lower Pitch Interconnects
  • 4.2.3 Advanced Packaging Capacity Additions by Memory Makers
  • 4.2.4 Rising Requirement for Ultra-Flat Surfaces and Defect-Free Interfaces
  • 4.2.5 Localization Of Advanced Semiconductor Equipment Supply Chains
  • 4.2.6 Process Integration Across TSV Etch, Bonding, and CMP Platforms
• 4.3 Market Restraints
  • 4.3.1 Extreme Capex Intensity and Long Qualification Cycles
  • 4.3.2 Yield Sensitivity in High-Aspect-Ratio TSV and Hybrid Bonding Flows
  • 4.3.3 Limited Installed Base Outside Leading Memory Hubs
  • 4.3.4 Tool Interface Fragmentation Across Memory Makers and OSATs
• 4.4 Industry Supply Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Impact of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Equipment Type
  • 5.1.1 TSV Etch Equipment
  • 5.1.2 Wafer/Die Bonding Equipment
  • 5.1.3 CMP Equipment
  • 5.1.4 Temporary Bonding and Debonding Equipment
  • 5.1.5 Metrology and Inspection Equipment
• 5.2 By Bonding Technology
  • 5.2.1 Thermocompression Bonding
  • 5.2.2 Hybrid Bonding
  • 5.2.3 Temporary Wafer Bonding and Debonding
• 5.3 By HBM Generation
  • 5.3.1 HBM2
  • 5.3.2 HBM2E
  • 5.3.3 HBM3
  • 5.3.4 HBM3E
  • 5.3.5 HBM4
• 5.4 By Stacking Method
  • 5.4.1 Die-to-Wafer
  • 5.4.2 Wafer-to-Wafer
  • 5.4.3 Die-to-Die
• 5.5 By End User
  • 5.5.1 Memory Makers
  • 5.5.2 Foundries
  • 5.5.3 OSATs
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Rest of North America
  • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 Netherlands
    • 5.6.2.3 Rest of Europe
  • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 South Korea
    • 5.6.3.4 Taiwan
    • 5.6.3.5 Rest of Asia-Pacific
  • 5.6.4 South America
  • 5.6.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Positing Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Products and Services, Recent Developments)
  • 6.4.1 Applied Materials, Inc.
  • 6.4.2 Lam Research Corporation
  • 6.4.3 Tokyo Electron Limited
  • 6.4.4 EV Group Holding GmbH
  • 6.4.5 ASMPT Limited
  • 6.4.6 BE Semiconductor Industries N.V.
  • 6.4.7 Hanmi Semiconductor Co., Ltd.
  • 6.4.8 SCREEN Holdings Co., Ltd.
  • 6.4.9 KLA Corporation
  • 6.4.10 Onto Innovation Inc.
  • 6.4.11 SUSS MicroTec SE
  • 6.4.12 Shibaura Mechatronics Corporation
  • 6.4.13 DISCO Corporation
  • 6.4.14 Kulicke and Soffa Industries, Inc.
  • 6.4.15 Canon Inc.
  • 6.4.16 ULVAC, Inc.
  • 6.4.17 Ebara Corporation
  • 6.4.18 Hitachi High-Tech Corporation
  • 6.4.19 Plasma-Therm LLC
  • 6.4.20 Oxford Instruments plc
  • 6.4.21 Advanced Micro-Fabrication Equipment Inc. China

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment