Photolithography Equipment Market 2024 : Report Highlights, Industry Trends, Regional Overview And Outlook 2033

Overview and Scope
Photolithography equipment refers to transferring circuit or device designs onto a substrate using a patterned mask and a beam of light or electrons to expose a photoresist layer selectively. It is used to design items on a thin layer or the bulk of a substrate, such as a silicon wafer.

Sizing and Forecast
The photolithography equipment market size has grown rapidly in recent years. It will grow from $11.42 billion in 2023 to $12.61 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to growth in semiconductor industry, resolution enhancement techniques, integrated circuit (ic) evolution, demand for high-speed computing, materials science advances.

The photolithography equipment market size is expected to see strong growth in the next few years. It will grow to $18.05 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to growing 5g technology, quantum computing, rise of iot devices, more efficient energy storage, flexible electronics. Major trends in the forecast period include wafer-level packaging, maskless lithography, 3d semiconductor stacking, directed self-assembly (dsa), extreme ultraviolet (euv) lithography.

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The photolithography equipment market covered in this report is segmented –

1) By Process: Deep Ultraviolet (DUV), Extreme Ultraviolet (EUV), I-line, Krypton Fluoride (KrF), Argon Fluoride (ArF) Dry, Other Processes
2) By Wavelength: 370 nm–270 nm, 270 nm–170 nm, 70 nm–1 nm
3) By Light Source: Mercury Lamps, Fluorine Lasers, Excimer Lasers, Lased-Produced Plasma
4) By Application: Front-End, Back-End
5) By End-User: Integrated Device Manufacturer (IDM), Foundries

North America was the largest region in the photolithography equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the photolithography equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
An increase in the demand for the Internet of Things (IoTs) is expected to propel the growth of the photolithography equipment market going forward. The Internet of Things (IoT) refers to a networked system of connected computers, mechanical and digital equipment, objects, animals, or people with unique identifiers (UIDs) and the ability to transfer data without human-to-human or human-to-computer contact. Manufacturers can achieve real-time monitoring and control, predictive maintenance, and data-driven optimization by incorporating IoT technology into photolithography equipment. This allows for better process management, decreased downtime, and enhanced overall equipment performance. For instance, in September 2022, according to a report published by the Global Mobile Supplier Association, a UK-based not-for-profit industry organization representing suppliers in the mobile communication industry, nearly 60% of cellular IoT connections are expected to be broadband IoT by the end of 2028, with 4G connecting the majority. Globally, there were 13.2 billion IoT connections in 2022, increasing to 34.7 billion connections predicted by 2028, indicating an 18% growth rate. Therefore, the increase in the demand for the Internet of Things (IoTs) will drive the photolithography equipment market.

Key Industry Players
Major companies operating in the photolithography equipment market report are Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited, Canon Inc., Applied Materials Inc., ASML Holding NV, ZEISS Group, KLA Corporation, Nikon Corporation, JEOL Ltd., Onto Innovation Inc., Vecco Instruments Inc., NuFlare Technology Inc., EV Group, NIL Technology ApS, Holmarc Opto-Mechatronics Pvt Ltd., Orthogonal Inc., Microfab Service GmbH, microfab Service GmbH, S-Cubed Inc., Eulitha AG, Eulitha AG, Osiris International GmbH, Rudolph Technology & Associates, Shanghai Micro Electronics Equipment (Group) Co. Ltd. (SMEE), Orthogonal Inc.

The photolithography equipment market report table of contents includes:

1. Executive Summary

2. Photolithography Equipment Market Characteristics

3. Photolithography Equipment Market Trends And Strategies

4. Photolithography Equipment Market – Macro Economic Scenario

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32. Global Photolithography Equipment Market Competitive Benchmarking

33. Global Photolithography Equipment Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Photolithography Equipment Market

35. Photolithography Equipment Market Future Outlook and Potential Analysis

36. Appendix

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