Global Semiconductor Photolithography Equipment Market Predicted To Grow With A CAGR of 9.28% during 2017-2021

(IT-NEWSWIRE.COM, May 27, 2017 ) Semiconductor lithography also called semiconductor photolithography is a method of fabrication of printed circuit boards (PCBs) and microprocessors. It transfers a circuit image to a silicon wafer by exposing both silicon wafer and photomask to ultraviolet light. It then projects the circuit image on the wafer. It is also called UV or optical lithography. It is a microfabrication technique in which semiconductor circuitry is patterned from the photomask onto a silicon wafer using a light source, especially UV light. The light source is passed through an ultra-high precision lens in order to obtain fine patterning design.

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Overview of the global semiconductor photolithography equipment market

According to Market Research Hub’s market research report, the global semiconductor photolithography equipment market will grow at a steady rate and post a CAGR of more than 9% during the forecast period. The emergence of advanced consumer products in the consumer electronics market will drive the growth prospects for the global semiconductor photolithography equipment market during the estimated period. The transition of electronic goods from a fully automated systems towards 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 technique. 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 that includes smartwatches, fitness trackers, and smart fabrics also require ICs using photolithography technique.

In terms of geography, APAC accounted for the majority market shares during 2016 and will continue to dominate the market during the next four years. The coming years will experience a high demand for photolithography equipment in APAC due to the presence of major companies such as TSMC, Semiconductor Manufacturing International, and United Microelectronics. Countries such as Taiwan, Japan, and South Korea are some of the key contributors to the growth to the market in this region.

Competitive landscape and key vendors

The semiconductor photolithography equipment market is highly consolidated and competitive due to the presence of prominent vendors. These vendors are increasingly focusing on maintaining a rich product portfolio and are investing in R&D activities in lithography to attain a dominant position in the market. Also, vendors such as Tokyo Electron, Applied Materials, and Canon use advanced lithography technologies to offer a broad range of ultra-high-precision semiconductor photolithography tools. Companies such as ASML are focusing on expanding their business by adopting aggressive acquisitions. Since the market highly relies on technological advancements, several vendors are making huge investments in research and developmental activities.

Key vendors in this market are -

Applied Materials
ASML
Canon
Tokyo Electron
Other prominent vendors in the market include JEOL, Nikon, NuFlare Technology, SUSS MicroTec, Ultratech, and Vistec Electron Beam.

Segmentation by application and analysis of the semiconductor photolithography equipment market

MEMS devices
Advanced packaging
LEDs devices

The semiconductor photolithography equipment market for micro-electro-mechanical system (MEMS) accounted for the maximum shares during 2016 and the segment will continue to dominate the market during the next four years as well. The segment is also known as miniaturized mechanical and electro-mechanical elements in its most general form and is made using microfabrication. ASML and SUSS MicroTec are some of the major players in the MEMS segment.

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Segmentation by light source and analysis of the semiconductor photolithography equipment market

Mercury lamp
Excimer laser
Fluorine laser

The excimer laser segment contributed to the maximum share of the semiconductor photolithography equipment market during 2016 and its dominance will continue throughout the estimated period. The high-resolution photolithography machines extensively use excimer lasers to manufacture the microelectronic chip. The increasing application of deep UV light from KrF and ArF excimer lasers using photolithography tools will drive the preference for excimer laser in the photolithography semiconductor equipment market.

Key questions answered in the report include

What will the market size and the growth rate be in 2021?
What are the key factors driving the global semiconductor photolithography equipment market?
What are the key market trends impacting the growth of the global semiconductor photolithography equipment market?
What are the challenges to market growth?
Who are the key vendors in the global semiconductor photolithography equipment market?
What are the market opportunities and threats faced by the vendors in the global semiconductor photolithography equipment market?
What are the trending factors influencing the market shares of APAC, EMEA, and North America?
What are the key outcomes of the five forces analysis of the global semiconductor photolithography equipment market?

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Global Semiconductor Photolithography Equipment Market Predicted To Grow With A CAGR of 9.28% during 2017-2021