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 Electronics Industry
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. Smart wearables, also known as
wearable technology, include smartwatches, fitness trackers, and smart fabrics
and require ICs using the
photolithography technique, which is likely to augment the demand of
photolithography equipment during the forecast period.
Rising Wafer Processing
and Fabrication Capacities in Semiconductor Industry Presently, the
semiconductor industry is focused on increasing its production capacity due to
the chip shortage witnessed globally. Key players in the industry are focusing
on investment in the development of new fabrication processes and expansion of
older facilities. Thus, rise in adoption of new fabs and investments in
fabrication technology are boosting the Global Photolithography Equipment Market. For instance, TSMC, which is
Taiwan’s leading pure play foundry, holds a prominent share in the global
market and has spent 80% of its capital to extend capacities of advanced chip
manufacturing technologies and to invest in deep UV lithography. Hence, these
factors are fueling the market growth.
Preference for Improvements in Chip Performance in Cloud & AI Application
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 introduced 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 can is segmented on the basis of
type, DUV type, wavelength, device wavelength, end-use, application, and region.
By Type, the market is segmented
into EUV (Extreme Ultraviolet) and DUV (Deep Ultraviolet). By DUV Type, market
is segmented into ArFi (Argon Fluoride Immersion), KrF (Krypton Fluoride), ArF
(Argon Fluoride) and I-Line. By wavelength, the market is segmented into
1nm-170nm, 170nm-270nm and 270nm-370nm. By device wavelength, the market is
segmented into mercury lamps, fluorine lamps, excimer lasers and laser produced
plasma. By end-use, the market is segmented into IDMs (Integrated Device
Manufacturer) and foundries. By application, the market is segmented into back-end
and front-end. By region, the market is segmented into Asia-Pacific, North
America, Europe, South America, Middle East and Africa.
Company Profiles
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. are among the major market players in the Global Photolithography
Equipment Market.
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)
|
Report Scope:
In this report, Global Photolithography Equipment Market has been segmented into the following
categories in addition to the industry trends which have also been listed below:
- Global Photolithography
Equipment Market, By Type:
- DUV (Deep Ultraviolet)
- EUV (Extreme Ultraviolet)
·
Global Photolithography
Equipment Market, By DUV Type:
o
ArFi (Argon Fluoride Immersion)
o
KrF (Krypton Fluoride)
o
ArF (Argon Fluoride)
o
I-line
- Global Photolithography
Equipment Market, By Wavelength:
- 170nm - 270nm
- 1nm - 170nm
- 270nm - 370nm
·
Global Photolithography
Equipment Market, By Device
Wavelength:
o
Excimer Lasers
o
Laser Produced Plasma
o
Fluorine Lamps
o
Mercury Lamps
·
Global Photolithography
Equipment Market, By End-Use:
o IDMs (Integrated Device Manufacturer)
o
Foundries
·
Global Photolithography
Equipment Market, By
Application:
o
Back-End
o
Front-End
·
Global Photolithography
Equipment Market, By Region:
o
Asia-Pacific
§ China
§ South Korea
§ Japan
§ Singapore
§ India
§ Rest of Asia Pacific
o
North America
§ United States
§ Canada
§ Mexico
o
Europe
§ Netherlands
§ Germany
§ France
§ United Kingdom
§ Italy
§ Spain
§ Rest of Europe
o
South America
§ Brazil
§ Argentina
§ Colombia
§ Rest of South America
o
Middle East and Africa
§ Israel
§ UAE
§ Saudi Arabia
§ South Africa
§ Rest Of Middle East & Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in the Global
Photolithography Equipment Market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
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