According to the latest report by IMARC Group, “Global Photolithography Equipment Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global photolithography equipment market reached a value of US$ 12.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 21.2 Billion by 2027, exhibiting a CAGR of 9.10% during 2022-2027.
Photolithography represents the process of transferring geometric patterns to films and substrates in microfabrication. It relies on ultraviolet (UV) light to etch a pattern on integrated circuits (ICs). Photolithography assists in producing extremely small incisions while being highly cost-effective and efficient. As such, it is widely utilized to produce nanites and microscopic computer systems and to control the size and shape of the substrate. Consequently, photolithography equipment find extensive applications in miniaturized electronic devices across the globe.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Photolithography Equipment Market Trends and Drivers:
Continuous technological advancements in the semiconductor sector are primarily driving the photolithography market. In addition to this, the rising demand for 5G-enabled devices and the improving 5G infrastructures and data center facilities across countries are further catalyzing the market growth.
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Moreover, the expanding penetration of the internet of things (IoTs) technologies, on account of the growing popularity of connected devices, such as smart cars, smart meters, machine-to-machine (M2M) communications, etc., is acting as another significant growth-inducing factor. Besides this, the elevating investments in wafer fabrication equipment and materials are also positively influencing the global market.
Furthermore, the widespread usage of integrated circuits (ICs) in automobiles, medical devices, consumer electronics, defense equipment, aircraft, smart appliances, etc., is expected to fuel the photolithography market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Photolithography Equipment Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ASML Holding N.V., Canon Inc., Eulitha AG, EV Group, Holmarc Opto-Mechatronics Ltd., microfab Service GmbH, Neutronix Quintel, Nikon Corporation, NuFlare Technology Inc. (Toshiba Electronic Devices & Storage Corporation), Orthogonal Inc., Osiris International GmbH and S-Cubed Inc.
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The report has segmented the market on the basis of region, process, wavelength, device wavelength, application and end use.
Breakup by Process:
- Ultraviolet (UV)
- Deep Ultraviolet (DUV)
- Extreme Ultraviolet (EUV)
Breakup by Wavelength:
- 70 nm–1 nm
- 270 nm–170 nm
- 370 nm–270 nm
Breakup by Device Wavelength:
- Laser Produced Plasmas
- Excimer Lasers
- Mercury Lamps
Breakup by Application:
Breakup by End Use:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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