Dublin, May 17, 2024 (GLOBE NEWSWIRE) -- The "Photolithography Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global photolithography market is expected to reach an estimated $19.4 billion by 2030 with a CAGR of 11.2% from 2024 to 2030.
The major drivers for this market are growing need for photolithography in the production of microprocessors and printed circuit boards, requirement for more sophisticated photolithographic machinery that can produce intricate and tiny designs, as well as, ongoing technological improvements. The future of the market looks promising with opportunities in the IC patterning process, printed circuit board fabrication, and microprocessor fabrication markets.
The study includes a forecast for the global photolithography by process, application, and region.
Photolithography Market by Process [Shipment Analysis by Value from 2018 to 2030]:
- Extreme Ultraviolet [EUV]
- Deep Ultraviolet [DUV]
- I-Line
- Krypton Fluoride [KRF]
- Argon Fluoride Dry [ARF Dry]
- Others
Extreme ultraviolet [EUV] will remain the largest segment over the forecast period because it has unique advantages and capacities in semiconductor manufacturing, and by using a laser to create a plasma lighting source, the EUV technology reduces maintenance and operating expenses.
Photolithography Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- IC Patterning Process
- Printed Circuit Board Fabrication
- Microprocessor Fabrication
- Others
Photolithography Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
APAC is expected to witness highest growth over the forecast period due to the rise in the number of businesses in the sector owing to the expanding demand for electronics and semiconductors in the area.
List of Photolithography Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies photolithography companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the photolithography companies profiled in this report include:
- ASML Holdings
- Nikon
- Canon
- JEOL
- NuFlare Technology
- Ultratech
- Rudolph Technologies
- SUSS Mictotech
- Nil Technology
- EV Group
Features of the Global Photolithography Market
- Market Size Estimates: Photolithography market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Photolithography market size by process, application, and region in terms of value ($B).
- Regional Analysis: Photolithography market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different process, application, and regions for the photolithography market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the photolithography market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
For more information about this report visit https://www.researchandmarkets.com/r/j75eyj
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