Photolithography Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (EUV (Extreme Ultraviolet), DUV (Deep Ultraviolet)), By DUV Type (ArFi (Argon Fluoride Immersion, KrF (Krypton Fluoride), ArF (Argon Fluoride), I-Line)), By Wavelength (1nm-170nm, 170nm-270nm, 270nm-370nm), By Device Wavelength (Mercury Lamps, Fluorine Lamps, Excimer Las
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPhotolithography Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (EUV (Extreme Ultraviolet), DUV (Deep Ultraviolet)), By DUV Type (ArFi (Argon Fluoride Immersion, KrF (Krypton Fluoride), ArF (Argon Fluoride), I-Line)), By Wavelength (1nm-170nm, 170nm-270nm, 270nm-370nm), By Device Wavelength (Mercury Lamps, Fluorine Lamps, Excimer Las
Global Photolithography Equipment Market stood at USD 15,904.02 million in 2021 and is forecast to register a CAGR of 16.70% by 2027. The demand for photolithography equipment is primarily drive by the high demand for smaller electronic devices, increasing internet of things penetration and the expansion of the semiconductor industry. Moreover, the factors such as high equipment operational and maintenance cost, limitation for curved surfaces hinder the growth of Global Photolithography Equipment Market. In addition to this, lockdown during the covid pandemic impacted the overall supply chain and demand for consumer devices. On the other hand, the decrease in wafer demand during the pandemic declines the growth of photolithography equipment all over the globe.
A type of lithography equipment called photolithography uses light to imprint patterns on a substrate. By etching away material with minute details, this patterning can be used to make goods such as circuit boards or microchips. The semiconductor and microelectronics industries employ photolithography equipment to pattern thin sheets of material on a substrate. The capability of photolithography equipment to fabricate incredibly tiny objects on a substrate is its main benefit. Furthermore, it is used to transfer a specific pattern from an image onto a substrate, creating a pattern that serves as a mask during an etching or diffusion process, to create semiconductor devices, thin-film circuits, optical devices, and printed circuits.
Emergence of Advanced Consumer Products in the Consumer
Gaining popularity in the consumer electronics world are smart home devices, wearable health monitors, and entertainment devices. Consumers are expected to gravitate toward energy-efficient smart home products such as smart thermostats, light bulbs, and switches to save on high electricity bills. Therefore, the transition of electronic goods from fully automated systems toward the emergence of a smart home that interconnects all the household devices to create a single controlling unit will result in the high adoption of ICs and photolithography techniques. Manufacturers are encouraged to introduce better consumer products with improved functionalities due to the growing consumer demand for better electronics.
Rising Wafer Processing and Fabrication Capacities in Semiconductor Industry
Preference for Improvements in Chip Performance in
The deployment of advances in AI applications and the improvement of cloud performance are both possible with DUV type photolithography methods. In cloud and AI applications, better chip performance and lower power requirements are preferred. Additionally, as a result of the increased demand for DUV lithography systems, photomask producers who make laser writers are being forced to speed up the production of the photomasks needed for complex multi-patterning DUV lithography operations. It has been discovered that DUV lithography systems have higher market prospects than EUV platforms. During the projected period, these developments are expected to support the expansion of the global photolithography equipment market.
The Increased Demand for Miniaturized Electronic Equipment
Miniaturized electronic equipment is gaining popularity in the semiconductor industry as the demand for high-performance electronics increases. In addition, the rising demand for innovative consumer electronics drives the need for flexible and compact integrated circuits. In addition, the growth of technologies such as RFID, MEMS devices, and other power devices increases the demand for thin wafers. This is because thin wafers reduce package thickness, particularly for smartphones, handheld gadgets, and compact electronic items. These developing applications that employ extremely thin and ultrathin die generate substantial demand for tiny electronic devices and contribute toward expanding the worldwide photolithography equipment market.
Increasing Investments in Research and Development
Artificial intelligence and machine learning are two examples of ground-breaking technologies made possible in recent years by the semiconductor industry. Moreover, even more sophisticated devices with more powerful processing and memory capabilities will be needed to advance the digital revolution. In addition, semiconductor businesses have become more interested in establishing end-to-end design and manufacturing capabilities for cutting-edge technology as a result of the COVID-19 crisis disrupting supply chains and rising geopolitical tensions. Many governments are working to promote their regional semiconductor sector since they share this interest, which is probably going to have an impact on the global photolithography equipment market. For instance, to concentrate on regional clusters, South Korea launched the K-Belt semiconductor strategy. The plan comprises lenient rules, improved infrastructure, long-term financing of USD 886 million, significant tax credits of up to 50% for research and development and 16% for manufacturing. Therefore, the expansion of the global photolithography equipment market during the projected period is likely to be fuelled by expanding R&D activities as well as the semiconductor industry.
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Market Segmentation
Global Photolithography Equipment Market
Company Profiles
ASML Holding N.V.,
| Attribute | Details |
| Market Size Value in 2021 | USD 15,904.02 million |
| Revenue Forecast in 2027 | USD 39,320.82 million |
| Growth Rate | 16.70% |
| Base Year | 2021 |
| Historical Years | 2017–2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023–2027 |
| Quantitative Units | Revenue in (USD million) and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | · Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · By Type o By DUV Type · By Wavelength · By Device Wavelength · By End Use · By Application · By Region |
| Regional Scope | Asia-Pacific, North America, Europe, South America, Middle East and Africa. |
| Key Companies Profiled | ASML Holding N.V., Canon Inc., EV Group (EVG), GlobalFoundries Inc., Nikon Corporation, Veeco Instruments Inc., SUSS MicroTec SE, Taiwan Semiconductor Manufacturing Company Limited, Eulitha AG, NuFlare Technology Inc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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