Photolithography Equipment Market Overview 2023-2028
The global photolithography equipment market size reached US$ 13.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028.
Photolithography equipment is a sophisticated assembly, consisting of a stepper or scanner, optics, a light source, water handling systems, photoresist, and a reticle or mask. This technology leverages light to create intricate patterns on a substrate, facilitating the production of circuit boards and microchips. Moreover, it boasts superior adhesion properties and the capability to encapsulate cells within hydrogels in three dimensions (3D). Due to its efficiency, speed, and cost-effectiveness in generating precise, small-scale patterns on wafers, the global demand for photolithography equipment is on the rise.
Photolithography Equipment Market Trends and Drivers:
Currently, the expanding utilization of photolithography equipment in a variety of electronic gadgets like laptops and smartphones is a major driver fueling market growth. Additionally, increased investments by various manufacturers in wafer fabrication equipment and materials are contributing significantly to market expansion. Furthermore, the global demand for portable devices is on the rise, providing a favorable outlook for the market. Moreover, the adoption of extreme ultraviolet lithography (EUV) photolithography equipment is gaining traction due to its ability to reduce the need for re-engineering with each new process, resulting in reduced turnaround times and presenting attractive growth prospects for industry investors. Additionally, the increasing integration of Internet of Things (IoT) and artificial intelligence (AI) technologies into photolithography equipment is further strengthening market growth.
Global Photolithography Equipment Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: 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.
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
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- 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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