The global photolithography equipment market was valued at $8.04 billion in 2019 and is projected to reach $11.64 billion by 2027, registering a CAGR of 4.7% from 2020 to 2027. Photolithography, also known as optical lithography, is a process used to create specific patterns on semiconductor wafers using a photosensitive material and an ultraviolet light exposure system by transferring pattern from masks to wafers. This process can fetch a pattern into an integrated circuit using a beam of ultraviolet light without any requirement of additional materials. Photolithography controls the exact size and shape of the substrate to be patterned, making the process highly efficient and cost-effective. In addition, it serves as an ideal method for patterning nanoscale features, especially in microelectronics industries.
Aeroponics, a growth mechanism of photolithography equipment, uses mist, mixed with vital nutrients, water, and oxygen, and directs it to the open roots of the plants for their growth. This growth mechanism is a closed-loop system that uses approximately 95% less water than field farming. This technique does not use pesticides in addition to zero harmful waste production in the environment. The controlled environment of aeroponics has the capability to produce approximately 70% more yield as compared to traditional agriculture.
The demand for photolithography equipment is expected to increase rapidly during the forecast period, owing to high demand for miniaturized electronic devices, rapid growth in semiconductor industry, and increase in trend of Internet of Things (IoT). However, limitation of photolithography process for curved surfaces is anticipated to hamper the market growth. On the contrary, increase in investments to develop semiconductor fabrication facilities and upsurge in need for advanced consumer goods, which fuels the demand for more wafer production, are expected to provide lucrative growth opportunities for the photolithography equipment market players.
The global photolithography equipment market is segmented into process, application, light source, and region. By process, the market is categorized into ultraviolet, deep ultraviolet, and extreme ultraviolet. The applications covered in the study include front-end and back-end. Depending on light source, the market is segregated into mercury lamp, fluorine laser, excimer laser, and others. Region wise, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America, and the Middle East, and Africa).
The key players operating in the market include ASML Holding N.V., Canon Inc., Nikon Corporation, SÜSS MICROTEC SE, Holmarc Opto-Mechatronics (P) Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC), KLA Corporation, S-Cubed Company, Osiris International GmbH, and Vecco Instruments Inc.
KEY MARKET SEGMENTS
By PROCESS
By APPLICATION
By LIGHT SOURCE
By REGION
KEY PLAYERS
The demand for photolithography equipment is expected to increase rapidly during the forecast period, owing to high demand for miniaturized electronic devices, rapid growth in semiconductor industry, and increase in trend of Internet of Things (IoT). However, limitation of photolithography process for curved surfaces is anticipated to hamper the market growth. On the contrary, increase in investments to develop semiconductor fabrication facilities and upsurge in need for advanced consumer goods, which fuels the demand for more wafer production, are expected to provide lucrative growth opportunities for the photolithography equipment market players.
The global photolithography equipment market is segmented into process, application, light source, and region. By process, the market is categorized into ultraviolet, deep ultraviolet, and extreme ultraviolet. The applications covered in the study include front-end and back-end. Depending on light source, the market is segregated into mercury lamp, fluorine laser, excimer laser, and others. Region wise, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America, and the Middle East, and Africa).
The key players operating in the market include ASML Holding N.V., Canon Inc., Nikon Corporation, SÜSS MICROTEC SE, Holmarc Opto-Mechatronics (P) Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC), KLA Corporation, S-Cubed Company, Osiris International GmbH, and Vecco Instruments Inc.
KEY MARKET SEGMENTS
By PROCESS
- Ultraviolet
- Deep Ultraviolet
- Extreme Ultraviolet
By APPLICATION
- Front-end
- Back-end
By LIGHT SOURCE
- Mercury Lamp
- Fluorine Laser
- Excimer Laser
- Others
By REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Taiwan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East and Africa
KEY PLAYERS
- ASML Holding N.V.
- Canon Inc.
- Nikon Corporation
- SÜSS MICROTEC SE
- Holmarc Opto-Mechatronics (P) Ltd.
- Taiwan Semiconductor Manufacturing Company Limited (TSMC)
- KLA Corporation
- S-Cubed Company
- Osiris International GmbH
- Vecco Instruments Inc.
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Photolithography Equipment Market, by Process
Chapter 5: Photolithography Equipment Market, by Application
Chapter 6: Photolithography Equipment Market, by Light Source
Chapter 7: Photolithography Equipment Market, by Region
Chapter 8: Competitive Landscape
Chapter 9: Company Profiles
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 234 |
| Published | November 2020 |
| Forecast Period | 2019 - 2027 |
| Estimated Market Value ( USD | $ 8.04 billion |
| Forecasted Market Value ( USD | $ 11.64 billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
