Lithography Equipment Market Set for Rapid Growth in the Forecast Period 2024–2026

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.

Request Sample For More Information@

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.

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.

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.

Buy Now@

The report starts with a chapter on “executive summary”, propounding a précis of global lithography equipment market, in accordance with knowledge about crucial market numbers that include historical CAGR (2012-2016) and forecast CAGR (2017-2026). The market numbers offered are related to the market segments comprised in the report.

Following the executive summary is a chapter titled “overview”, which incorporates the definition of “lithography equipment” that succeeds a concise market introduction. The overview chapter clearly showcases the wide scope of global lithography equipment market. Trailing chapters in the report provide intelligence with regard to the pricing analysis and the cost structure pertaining to the current scenario of the global lithography equipment market.

Competition Landscape

An attentive study of the global lithography equipment market’s competition landscape has been issued in the concluding chapter of the report, which incorporates knowledge about prominent industries contributing to the market growth significantly. The occupancy of key players in the market has been traced and profiled through an intensity map in this chapter. The report identifies leading market participants scrupulously, offering insights on the basis of key financials, SWOT analysis, company overview, key developments, and product overview.

Read Latest Press Release Here@–owing-to-technological-advancements—tmr-300816943.html

Research Methodology

A robust, tested & proven, research methodology is leveraged by analysts at TMR for developing the report on global lithography equipment market. This research methodology helped the analysts in giving accurate insights pertaining to the global lithography equipment market. This research methodology depends completely on the secondary & primary researches, for gleaning critical information related to the market’s future prospects. The intelligence offered is validated thoroughly by TMR’s analysts, so as to ensure its authenticity, and make the report to be an authoritative and a reliable reference for its readers.