The global demand for Photolithography Equipment Market is presumed to reach the market size of nearly USD 27.21 MN by 2028 from USD 13.87 MN in 2021 with a CAGR of 10.1% under the study period 2022 - 2028.
Photolithography is used in various industries and plays an essential part in the modern semiconductor industry. Photolithography equipment is utilized for making geometric patterns on a semiconductor substrate or film. The type of light used in photolithography operations can be classed as ultraviolet (UV lithography), extreme ultraviolet (EUV), or X-rays. Different forms of DUV photolithography equipment, such as KrF, ArF, and ArFi, use the 270 nm170 nm wavelength. In newly launched EUV photolithography equipment, laser-produced plasmas are utilized.
The introduction of enhanced semiconductor manufacturing technologies, and greater government funding for these improvements, are significant drivers driving the growth of the photolithography equipment market. The market's major players are concentrating their efforts on research and development. They are introducing new technologies to improve the photolithography process used in semiconductor device manufacture, bolstering the market growth. In addition, the use of EUV photolithography equipment lowers the need for each new process to be re-engineered, allowing 7 nm and 5 nm processes (and their successors) to share design standards. This technique is projected to drastically minimize the time required for new geometries to transition, resulting in new alternatives and opportunities for customers in the marketplace. High demand for miniaturized electronic devices, an increase in the Internet of Things trend, and the semiconductor sector's expansion are among the prominent aspects positively impacting the photolithography equipment market. Increased investment in wafer manufacturing equipment and materials is expected to provide the market with new growth possibilities in the future years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of photolithography equipment. The growth and trends of photolithography equipment industry provide a holistic approach to this study.
This section of the photolithography equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End User:
- 370 Nm-270 Nm
- 270 Nm-170 Nm
- 70 Nm-1 Nm
This section covers the regional outlook, which accentuates current and future demand for the Photolithography Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Photolithography Equipment Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the photolithography equipment market include ASML Holding, Canon India, Nikon India Pvt Ltd., NuFlare Technology, Onto Innovations, Veeco Instrument, SUSS Microtek., Neutronix Quintel, EV Group, KLA Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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