Semiconductor Refurbished Equipment Market - Forecasts From 2025 To 2030

The semiconductor refurbished equipment market is expected to expand at a CAGR of 6.47% from 2025 to 2030. 

The semiconductor industry is experiencing growth due to the rise in modern technology, which is diverse, from smaller devices like smartphones to highly advanced data centers. However, new semiconductor equipment is expensive and poses a major barrier for small and mid-sized companies and emerging market players. The refurbished semiconductor equipment addresses this by providing them with pre-owned equipment, which is restored through extensive repairs, testing, and upgrades to the near-original functionality of the semiconductors. 

The market is growing due to factors such as cost-effectiveness, rising requirements by diverse industries, sustainability with lesser lead time, and easy availability from authorized companies. This equipment is witnessing a rising demand due to its affordability compared to new equipment, making it an attractive option for smaller companies. This growth is propelled by technological advancements, which contribute to the easy and more upgradation of older equipment models. This, in turn, provides a steady and circular supply of used semiconductor equipment for diverse industries like consumer electronics, automotive, industrial automation, and healthcare, among other sectors.

Semiconductor Refurbished Equipment Market Overview & Scope

The semiconductor refurbished equipment market is segmented by:

• Equipment Type: The testing equipment segment is anticipated to hold a considerable market share due to the rise in advanced semiconductors, which is leading to an expansive cost of new testing semiconductor equipment. This contributes to making refurbished equipment an attractive alternative for small and medium companies. Further, the depositing and etching equipment is also crucial in semiconductor fabrications as they benefit from broader trends, including sustainability and cost containment.
• Application: The consumer electronics application industry’s expansion is significant for refurbished semiconductor equipment market growth. This is because new consumer devices increasingly include the most demanding semiconductor components required in applications such as smartphones, tablets, and wearable devices. The number of mixed solutions due to blended chip components is increasing and thus demands refurbished equipment for their complex manufacturing process. In addition, the other growing users for refurbished semiconductor equipment are industrial equipment and automotive devices, both of which are growing rapidly due to developments in automation, IoT applications, and automotive electronics. Sustainability initiatives and concerns for cost efficiency are thereby driving the adoption of refurbished equipment in these segments.
• Region: Asia Pacific is expected to be the dominant regional market in the coming years. Countries such as China, Taiwan, and South Korea are the world's leading semiconductor manufacturing regions because of huge domestic consumption and growing demand for new and cheaper semiconductor equipment. Furthermore, these regional countries are spending huge investments in semiconductor manufacturing infrastructure. Initiatives such as 'Made in China 2025' from China and the 'K-Semiconductor Strategy' of South Korea aim to boost local chip production, which includes refurbishment of used equipment for cost reduction and sustainability.

Top Trends Shaping the Semiconductor Refurbished Equipment Market

1. Growing Sustainability and Environmental Responsibility

• A circular economy is promoted through the reuse, recycling, and reduction of the waste of materials and by conserving resources, which contributes to this market’s expansion. The refurbishment of tools extends their life cycles and minimizes electronic waste. Renewable energy sources are being utilized to reduce carbon footprint and to make operations more eco-friendly, which is also promoting growth.

2. Technological Advancements and Innovation

• Advanced recycling technologies, such as electrochemical recycling and plasma processing, improve the efficiency of recovering materials from e-waste. Adopting AI and machine learning in production lines signals a major trend for enhancing manufacturing efficiency and reducing waste.

Semiconductor Refurbished Equipment Market Growth Drivers vs. Challenges

Drivers:

• Increasing Environmental Concerns: The semiconductor industry faces substantial environmental issues due to resource consumption, waste generation, and energy-intensive manufacturing processes. These have emerged as possible motivators for refurbished equipment applications through alignments with sustainability objectives. Energy-intensive processes, such as wafer etching, chamber cleaning, and many others, are all required in semiconductor manufacturing. Most of these emissions come from fossil fuels; therefore, households and industries emit high greenhouse gas (GHG) emissions. Refurbished semiconductor equipment is meant to reduce the industry's carbon footprint; by extending the life cycle of existing equipment rather than making new equipment, it helps reduce GHG emissions, contributing to its growing demand.
• Rising Semiconductor Demand: The wide demand for semiconductors in various industries pushes the need for refurbished equipment to support production capacity, avoiding the huge purchase costs of new equipment. The Semiconductor Industry Association (SIA) announced that the global sales of semiconductors amounted to $54.9 billion in February 2025, an increase of 17.1 percent from $46.9 billion in February 2024. Increased demand for semiconductors is leading manufacturers to ramp up their production capacity, making refurbished equipment an economical solution for scaling operations, particularly for companies that are required to meet demand while avoiding the huge costs associated with new equipment.
• Government Incentives: Governments are incentivizing various sustainable practices, such as tax incentives to businesses to refurbish equipment. For instance, the Semicon India Program of July 2024 from the Indian government states funding for the Modified Scheme for setting up diverse semiconductor equipment production. This includes compound semiconductors/silicon photonics, discrete semiconductors fab and semiconductor assembly, testing, marking, and packaging, among other facilities in the country, providing fiscal support of 50% of the Capital Expenditure on a pari-passu basis. This budgetary support encourages companies to invest in refurbished equipment as part of their overall cost management strategy. 

Challenges:

• Quality and Reliability Concerns: Buyers frequently have concerns about the performance and longevity of refurbished equipment versus that of brand-new systems. Varying degrees of quality in refurbishments can lead to inconsistent results among vendors, and that inconsistency poses risks to the reliability of the production.

Semiconductor Refurbished Equipment Market Regional Analysis

North America: Technological advancements, sustainability initiatives, and increasing semiconductor manufacturing activities drive the regional market. A strong semiconductor manufacturing sector in countries like the United States, supported by major players like Intel and Texas Instruments, is seeing increasing demand for cost-effective alternatives like refurbished semiconductor equipment. Federal initiatives like the U.S. CHIPS Act offer significant federal tax incentives for investments in chip-making facilities, whereby initiated investments by the end of 2026 will receive up to 25% tax credits, unlike the EU Chips Act. Such programs would assist the refurbished equipment market by rendering U.S. manufacturing competitively available, thereby likely increasing the demand for refurbished semiconductor tools.

Semiconductor Refurbished Equipment Market Competitive Landscape

The market is fragmented, with many notable players, including Applied Materials, Ichor Systems, SusplusGLOBAL Inc., and KLA Corporation, among others.

• Expansion: In February 2025, SurplusGLOBAL planned to construct a 39,670-square-meter 'SemiMarket Parts Mall' near its existing semiconductor equipment cluster, set to be completed in May 2026, offering parts storage, display, recycling, and refurbishment services.

Semiconductor Refurbished Equipment Market Segmentation: 

By Equipment Type

• Depositing Equipment
• Etching Equipment
• Testing Equipment

By Application

• Automotive Devices
• Consumer Electronics
• Industrial Equipment
• Others

By Region

• Americas
• Europe, Middle East & Africa
• Asia Pacific

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK 

5. SEMICONDUCTOR REFURBISHED EQUIPMENT MARKET BY EQUIPMENT TYPE

5.1. Introduction

5.2. Depositing Equipment

5.3. Etching Equipment

5.4. Testing Equipment

6. SEMICONDUCTOR REFURBISHED EQUIPMENT MARKET BY APPLICATION

6.1. Introduction

6.2. Automotive Devices

6.3. Consumer Electronics

6.4. Industrial Equipment

6.5. Others

7. SEMICONDUCTOR REFURBISHED EQUIPMENT MARKET BY GEOGRAPHY

7.1. Introduction

7.2. Americas

7.2.1. By Equipment Type

7.2.2. By Application

7.3. Europe, Middle East, and Africa

7.3.1. By Equipment Type

7.3.2. By Application

7.4. Asia Pacific

7.4.1. By Equipment Type

7.4.2. By Application

7.4.3. By Country

7.4.3.1. China

7.4.3.2. Japan

7.4.3.3. Taiwan

7.4.3.4. South Korea

7.4.3.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Applied Materials

9.2. IchorSystems, Ltd.

9.3. KLA Corporation

9.4. Tokyo Electron Limited

9.5. Advantest Corporation

9.6. Cohu, Inc.

9.7. Conation Technologies, LLC

9.8. Semiphoton, Inc.

9.9. SurplusGlobal, Inc. 

10. APPENDIX

10.1. Currency 

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

Applied Materials

IchorSystems, Ltd.

KLA Corporation

Tokyo Electron Limited

Advantest Corporation

Cohu, Inc.

Conation Technologies, LLC

Semiphoton, Inc.

SurplusGlobal, Inc.