Looking for information on the photolithography equipment market? Read on to discover the latest trends, drivers, restraints, and growth factors impacting this industry, as well as key statistics from government organizations.
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The global photolithography equipment market size is expected to reach USD 22.90 Billion at a steady CAGR of 8.9% in 2028, according to latest analysis by Emergen Research. A crucial step in the production of semiconductor devices like memory cards and microchips is photolithography. By projecting light through a mask or reticle, photolithography equipment is used to transfer a pattern onto a substrate. With the increased need for cutting-edge semiconductor technologies and gadgets, the market for photolithography equipment is anticipated to expand significantly over the next years. In this post, we’ll go over a market overview for photolithography equipment, along with growth factors, drivers, and data from governmental agencies.
Overview
The market for photolithography equipment is anticipated to expand significantly as a result of the rising demand for semiconductors across a variety of industries, including consumer electronics, automotive, and aerospace. Based on the type of product, the end-user, and the geography, the market is categorised. The product categories also include scanners, mask aligners, and wafer steppers. Foundries, memory producers, and integrated device makers (IDMs) are some examples of the final customers of photolithography equipment.
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Drivers
The market for photolithography equipment is being driven by the demand for high-end semiconductors for applications like 5G technology, artificial intelligence, and the Internet of Things (IoT). The market is expanding as a result of the rising need for high-performance computing, driverless vehicles, and smart homes. Another force in the market is the expanding demand for cost- and size-cutting. The demand for photovoltaic (PV) cells is also increasing as a result of the transition to renewable energy sources and electric vehicles, which is further boosting the market’s expansion.
Restraints
The high cost of equipment is one of the main barriers to the market for photolithography equipment. Because of its high cost and sophisticated technology, photolithography equipment is not widely used in developing nations. The complexity of the procedure, which necessitates expert labour and raises the overall cost of production, is another constraint.
Photolithography Equipment Market Segmentation:
In terms of type, the photolithography equipment market is segmented into EUV, I-Line, DUV, ArFi, ArF, and KrF. The EUV segment is expected to witness significant growth in the coming years due to the increasing demand for advanced semiconductor devices. The I-Line segment is also expected to grow at a steady rate due to its wide range of applications. The DUV, ArFi, ArF, and KrF segments are expected to witness moderate growth due to the limited applications and increasing competition from advanced technologies.
The market is further segmented based on the light source property, including mercury lamps, fluorine lasers, excimer lasers, and laser-produced plasma. The excimer lasers segment is expected to dominate the market due to its high efficiency and wide range of applications. The fluorine lasers segment is also expected to witness significant growth due to its high precision and stability. The mercury lamps and laser-produced plasma segments are expected to witness moderate growth due to the increasing competition from advanced technologies.
In terms of wavelength, the market is segmented into 370 nm-270 nm, 270 nm-70 nm, and 70 nm-1 nm. The 270 nm-70 nm segment is expected to dominate the market due to its high precision and wide range of applications. The 370 nm-270 nm segment is also expected to witness significant growth due to the increasing demand for advanced semiconductor devices. The 70 nm-1 nm segment is expected to witness moderate growth due to the limited applications and increasing competition from advanced technologies.
Based on end-use, the market is segmented into integrated device manufacturers (IDMs) and foundries. The IDMs segment is expected to dominate the market due to the high demand for advanced semiconductor devices in various applications, such as automotive, aerospace, and consumer electronics. The foundries segment is also expected to witness significant growth due to the increasing demand for contract manufacturing services and the growing trend of outsourcing semiconductor manufacturing.
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Here are a few noteworthy findings from the report.
In April 2019, Bruker Corporation made an announcement about the acquisition of semiconductor cleaning and mask repair units due to the increasing demand for advanced semiconductor devices. The acquisition will help Bruker Corporation to strengthen its position in the photolithography equipment market and expand its product portfolio. In January 2021, Canon Inc. announced the development of a new advanced photolithography system, which uses a nanoimprint lithography process to transfer a pattern onto a substrate. The system is expected to improve the performance and cost-effectiveness of semiconductor manufacturing.
EUV photolithography equipment provides considerable advantages in simplifying fabrication process due to its ability to produce smaller features and reduce the number of process steps. EUV photolithography equipment utilizes extreme ultraviolet light with a wavelength of 13.5 nanometers, which allows for greater resolution and accuracy in creating patterns on substrates. This results in smaller features, enabling the creation of advanced semiconductors with higher performance and reduced power consumption.
Excimer lasers provide an exceptional combination of UV wavelength output in combination with high pulse energy due to their unique gas mixture and excitation mechanisms. The excimer lasers’ gas mixture allows for the creation of a high-energy discharge, which excites the gas molecules and produces UV radiation at specific wavelengths. This enables excimer lasers to emit high pulse energy at UV wavelengths ranging from 157 nm to 351 nm, making them highly effective in photolithography applications.
Photolithography equipment market in the Asia Pacific registered the fastest revenue growth rate in 2020 due to several factors contributing to the growth of the photolithography equipment market in the Asia Pacific region. One of the primary factors is the increasing demand for advanced electronic devices, such as smartphones, tablets, and laptops. With a large population and a growing middle class, the Asia Pacific region has become a significant consumer of these devices, leading to an increased demand for advanced semiconductors.
Key players in the market include Nikon Corporation, SUSS Microtec SE, ASML Holding NV, Veeco Instruments Inc., EV Group, NuFlare Technology Inc., Canon Inc., Neutronix Inc., Onto Innovation Inc., and Eulitha AG.
About Us: Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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