Lithography Equipment Market 2022 : Players Resort To Product Innovation To Gain Competitive Advantage

Lithographic equipment are widely employed for printing complex circuit patterns on silicon wafers that are mainly raw materials for integrated circuits (ICs). Printing process is considered to be one of the most expensive and critical steps in wafer fabrication. The IC industry is therefore focused toward using lithographic equipment as cost-efficient enhancements in the production technology.

Movement toward New Innovations in Lithography Entails New Challenges & Opportunities

Following expansion of electronic device industry, demand for semiconductor IC for application in different areas such as sensor devices, memory devices, communication, and consumer electronic devices has witnessed a tremendous surge. This has further created the need for cost-efficient and effective printing equipment of IC production such as lithographic equipment. In addition, proliferated adoption of compact electronics and large panel displays has further led toward demand for KrF and ArF lithographic equipment. The movement toward new innovations in Lithography, which include 450mm wafers and EUV technology, has entailed new challenges as well as opportunities. With the evolution of the semiconductor and electronics industry, companies are seeking improvements that would have the potential to realize future technology. Manufacturers of lithographic equipment are focusing on gaining more experience and expertise for effective fabrication of the new innovative chips.

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However, digital printing has been consistently gaining ground on the lithographic equipment market since the recent past, and has closed in at a point wherein it is on the brim of dominating the IC production. On the other hand, higher cost per sheet of digital printing compared to that of lithography equipment will remain a major factor hindering adoption of digital printing technology for semiconductor IC fabrication.global lithography equipment market

According to Transparency Market Research, a splendid expansion at over 15% CAGR will be reflected by the global lithography equipment market during the period 2017 to 2026. Approximately US$ 640 Mn revenues are forecast to be gained from sales of lithographic equipment across the globe by 2026-end.

APEJ to be Most Lucrative Market for Lithography Equipment

With the presence of a large number of leading lithographic equipment manufacturers, along with rapid rise of the semiconductor industry in Asia-Pacific excluding Japan (APEJ) have made the region to be most lucrative for the lithographic equipment market. In addition, revenues from lithographic equipment sales in APEJ will increase at the highest CAGR through 2026, followed by those in Japan. Proliferation in adoption of smartphones, in parallel with a constant rise in demand for compact electronic devices are further likely to contribute the market growth in these two regions.

North America will also contribute significantly to the market growth, in terms of revenues. This can be highly attributed to surging demand for advanced ICs in the region for making innovations in products. Robust expansion of consumer electronics sector in North America will also underpin expansion of the lithography equipment in the region.

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Competition Tracking

The global market for lithographic equipment has been densely marked with the occupancy of prominent vendors, who hold majority share of the market. These vendors are continuously working on developing innovations in the equipment for reducing the cost per function and improving the profit margins of IC manufacturers. Key players actively underpinning expansion of the lithographic equipment market include Ultratech, SUSS, Cannon, Nikon, SMEE, Rudolph, EVG, ASML, ORC, USHIO, Orbotech, and Screen.

Latest Innovations in Printing Technologies to Propel Lithography Equipment Market Growth

The rapid advancement in gadgets business in both emerging and well established nations worldwide has prompted multiplying interest for ICs in regions like memory gadgets, correspondence, and sensor gadgets. The stunning ascent in take-up of shopper electronic gadgets is arising economies is likewise supporting the interest for semiconductor ICs. Besides, the take-up of lithography equipment will profit to a great extent from the rising interest for miniature electromechanical frameworks and gadgets.

Growing developments in lithography equipment with improve their energy-proficiency and cost-viability is helping in the quick extension of the market. Upgrades underway innovation is driven by ongoing progressions in lithography equipment, which have assisted makers with making ICs with surprisingly high current thickness and expanded execution. For example, the appearance of 450mm wafers and extraordinary bright lithography looks good for the market.

Despite the fact that the attention on creating cutting edge advancements for high-volume creation of wafers is acquiring foothold, different test are surfacing to the front. A few worries about predictable throughput of these innovations will keep on influencing their commercialization for quite a while to come. In any case, the steady endeavors to get upgrades lithography equipment and innovation will help makes address these worries after some time.

Acquainting developments in lithography equipment with improve their energy-productivity and cost-viability is helping in the fast extension of the market. Upgrades underway innovation is driven by late headways in lithography equipment, which have assisted makers with making ICs with strikingly high current thickness and expanded execution.

Geologically, North America will likewise contribute fundamentally to the market development, regarding incomes. This can be exceptionally ascribed to flooding interest for cutting edge ICs in the locale for making advancements in items. Strong development of purchaser gadgets area in North America will likewise support extension of the lithography equipment in the locale.

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