Photolithography (Equipment) Market - Forecast to 2020 - Expected to Grow at CAGR of 4.3% Between 2015 & 2020

DUBLIN, December 9, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/2tfg7d/photolithography) has announced the addition of the "Photolithography (Equipment) Market - Forecast to 2020" report to their offering.

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The photolithography equipment market was valued at USD 6.21 Billion in 2014, and is expected to grow at a CAGR of 4.3% between 2015 and 2020. The increasing demand for semiconductor devices in several industries such as automotive, consumer electronics, and telecommunication among many others impacts the photolithography market positively.

The EUV photolithography equipment is the fastest-growing segment in the photolithography market. The semiconductor industry is increasing and hence the demand for these equipment. To manufacture the semiconductor devices, companies need to expose on every wafer that cost high. However, the EUV equipment is advantageous for manufacturers because it exposes the critical layer in just one step that reduces the manufacturing cost of semiconductor devices.

The market for EUV photolithography equipment is expected to grow at a high CAGR during the forecast period. The EUV equipment uses laser produced plasma as light source, which has high quality wavelength and reduces operational and maintenance cost. Thus, manufacturers are shifting to EUV photolithography equipment.

The market in the APAC region accounts the largest share and is expected to grow at the highest CAGR during the forecast period. The development of semiconductor devices in the economies such as China, Japan, South Korea, and Taiwan among many others drives the photolithography equipment market in this region. Also, the presence of local players such as Nikon Corporation (Japan) and Canon, Inc. (Japan) are contributing towards the growth of photolithography market.

One of the key restraining factor in the photolithography equipment market is, it requires clean room and equipment for fabrication process. Tiny dust particles can also impede the overall manufacturing set up resulting in heavy financial loss to the company.

Also, delay in supply due to manufacturing defects cause additional loss in the form of order cancellation and shift of the customers to the other suppliers. However, the wide opportunities of photolithography equipments in applications such as advanced packaging, MEMS, and LED, and other semiconductor devices are responsible for impressive growth of this market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Photolithography Equipment Market, By Light Source

8 Photolithography Equipment Market, By Wavelength

9 Photolithography Equipment Market, By Type

10 Photolithography Equipment Market, By Geography

11 Competitive Landscape

12 Company Profiles

• Asml Holding N.V.
• Canon Inc.
• EV Group
• Jeol Ltd.
• Nikon Corporation
• Nil Technology
• Nuflare Technology Inc.
• Rudolph Technologies, Inc.
• Suss Microtec AG
• Ultratech, Inc.

For more information visit http://www.researchandmarkets.com/research/2tfg7d/photolithography

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SOURCE Research and Markets