Global Photolithography Equipment Market Analysis 2024, Forecast To 2033
8 Mar, 2024
The photolithography equipment market has experienced rapid growth, reaching $11.42 billion in 2023 and projected to reach $12.61 billion in 2024 at a CAGR of 10.4%. This growth is fueled by advancements in the semiconductor industry. Expected growth to $18.05 billion by 2028, with a CAGR of 9.4%, is driven by technologies like 5G and quantum computing, alongside trends such as wafer-level packaging and maskless lithography.
Global Photolithography Equipment Market Key Driver
The photolithography equipment market is poised for growth driven by the increasing demand for the Internet of Things (IoTs). IoTs comprise interconnected systems enabling data transfer without human intervention. Integration of IoT technology into photolithography equipment allows manufacturers to achieve real-time monitoring, predictive maintenance, and data-driven optimization. A report by the Global Mobile Supplier Association predicts that cellular IoT connections will grow, with 13.2 billion IoT connections in 2022 expected to reach 34.7 billion by 2028. This expansion underscores the role of IoT in enhancing photolithography equipment performance, driving market growth.
Get A Free Sample Of The Global Photolithography Equipment Market ReportGlobal Photolithography Equipment Market Segments
The photolithography equipment market covered in this report is segmented –
1) Process:Deep Ultraviolet (DUV), Extreme Ultraviolet (EUV), I-line, Krypton Fluoride (KrF), Argon Fluoride (ArF) Dry, Other Processes
2) Wavelength:370 nm–270 nm, 270 nm–170 nm, 70 nm–1 nm
3) Light Source:Mercury Lamps, Fluorine Lasers, Excimer Lasers, Lased-Produced Plasma
4) Application:Front-End, Back-End
5) End-User:Integrated Device Manufacturer (IDM), Foundries
By Geography: The countries covered in the photolithography equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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.
Major Photolithography Equipment Industry Players
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.
Get The Full Global Photolithography Equipment Market Report
Photolithography Equipment Market Overview
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.