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Photomask Market to Grow USD 5457.2 Million by the end of 2027, with a CAGR of 3.8% | Valuates Reports

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Valuates Reports

11 Aug, 2022, 15:00 GMT

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BANGALORE, India, Aug. 11, 2022 /PRNewswire/ -- Photomask Market is segmented By Type (Quartz Mask, Soda Mask, Toppan, Film), By Application (Semiconductor, Flat Panel Display, Touch Industry, Circuit Board) : Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Computers & Electronics Category.

Photomask Market size was USD 4171 Million and it is expected to reach USD 5457.2 Million by the end of 2027, with a CAGR of 3.8% during 2021-2027.

Major Factors Driving the Growth of Photomask Market

The growing penetration of consumer electronics and the continuous development of semiconductors will drive the growth of the market during the forecast period.

The advent of flat panel displays, miniaturization of chips, and circuit boards, along with the emergence of IoT will fuel the market growth in the coming years.

Get Your Sample Today: 
https://reports.valuates.com/request/sample/QYRE-Auto-19H687/Global_Photomask_Market 

TRENDS INFLUENCING THE GROWTH OF THE PHOTOMASK MARKET

Digitization is accelerating rapidly through the continuous evolution of technologies such as artificial intelligence, automotive, power, and 5G networks. Semiconductors are at the heart of it playing a key role in the expansion of these industries. This fuels the need for photomasks for semiconductor fabrication in turn driving the growth of the photomask market. Additionally, the proliferation of IoT sensors has given rise to smart connected devices like TVs, laptops, and cars which require multiple masks during production. The arrangement of circuits and chips is transmitted accurately.

The short lifespan of electronic devices and high memory requirements is bolstering the need for miniaturization and shorter chip sizes. Many companies are investing in photomasks due to improvements in operational efficiency, high accuracy, and timely order fulfillment. This will drive the growth of the photomask market during the forecast period. The shift in the display from LCD to LED, AMOLED, and demand for flat panel displays is driving the need for a newer set of photomasks. This will boost the growth of the photomask market in the coming years.

Photomasks help in the miniaturization of smart device chips and computers. Creating precise images and specific general arrangements without a lithographic process is impossible. Hence newer systems are being introduced to handle the manufacturing of wireless computing devices. This will aid in the expansion of the global photomask market. 193nm extensions are being extended and ultraviolet lithography with multiple patterning/exposure technologies is being bought in the industry.

Photomasks are extremely useful. However, there are certain issues. The equipment is expensive and is limited by the wavelength of light as it can be done only on flat substrates. This will hamper the growth of the photomask market. The process needs to be undertaken in a clean room that is free from airborne particulate and chemical contaminants.

Browse The Table Of Contents And List Of Figures At:  
https://reports.valuates.com/market-reports/QYRE-Auto-19H687/global-photomask

PHOTOMASK MARKET SHARE ANALYSIS:

Based on type, the soda mask segment is expected to dominate in the photomask market share with 40%.

Based on application, the semiconductor segment will witness considerable growth due to the rising adoption of these tools by semiconductor manufacturing companies.

Based on region, Asia-Pacific will grow the highest during the forecast period due to high production and consumption in the semiconductor industry. China is the largest with a market share of 25% followed by Japan and the US both having a total share of 45%. 

Get Regional Data:

https://reports.valuates.com/request/regional/QYRE-Auto-19H687/Global_Photomask_Market

Key Companies:

  • Hoya
  • DNP
  • SK-Electronics
  • Toppan
  • Photronics
  • LG Innotek
  • Compugraphics Photomask Solutions
  • Taiwan Mask
  • IGI
  • Nippon Filcon
  • HTA
  • ShenZheng QingVi
  • Plasma Therm

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SIMILAR REPORTS:

-  The global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market size is projected to reach USD 6290.7 million by 2027, from USD 750.4 million in 2020, at a CAGR of 35.5% during 2021-2027.

-  Fine Pixel Pitch LED Displays market size is estimated to be worth USD 2928.1 million in 2022 and is forecast to a readjusted size of USD 4106.7 million by 2028 with a CAGR of 5.8% during the review period.

-  RF Power Semiconductor market size is estimated to be worth USD 21010 million in 2022 and is forecast to be a readjusted size of USD 34660 million by 2028 with a CAGR of 8.7% during the review period.

-  Power Semiconductor market size was USD 43750 million and it is expected to reach USD 62800 million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period 2021-2027.

-  The global Semiconductor Manufacturing Equipment market size is projected to reach USD 53200 million by 2027, from USD 39510 million in 2020, at a CAGR of 3.9% during 2021-2027.

-  Outdoor LED Displays market size is estimated to be worth USD 12290 million in 2022 and is forecast to be a readjusted size of USD 19290 million by 2028 with a CAGR of 7.8% during the review period.

-  Flexible Printed Circuit Board market size is estimated to be worth USD 13130 million in 2022 and is forecast to be a readjusted size of USD 15760 million by 2028 with a CAGR of 3.1% during the review period.

-  Semiconductor Photomask market size was USD 4352 million and it is expected to reach USD 6203.3 million by the end of 2027, with a CAGR of 4.5% during 2021-2027.

-  Automotive Semiconductor market size is projected to reach USD 42140 million by 2028, from USD 31430 million in 2021, at a CAGR of 3.8% during 2022-2028.

-  IoT in Manufacturing market size is projected to reach USD 1148.9 million by 2028, from USD 550.2 million in 2021, at a CAGR of 10.6% during 2022-2028.

-  Global Quartz Photomask Sales Market Report 2021

-  Global Soda Photomask Market Insights, Forecast to 2028

-  Global Circuit Board Photomask Market Insights, Forecast to 2028

-  Global Flat Panel Display Photomask Market Insights, Forecast to 2028

-  Global IC Photomask Market Insights, Forecast to 2028

-  Global Photomask Equipment Market Insights, Forecast to 2028

-  Global Semiconductor Chemical Vapor Deposition Equipment Market Insights, Forecast to 2028

-  Global and Japan LCP Flexible Printed Circuit Market Insights, Forecast to 2027

-  Global 5G Printed Circuit Board Sales Market Report 2021

-  Global Silicon Carbide (SiC) Power Semiconductor Sales Market Report 2021

-  Global Automotive Power Semiconductor Sales Market Report 2021

Click here to see related reports on Photomask Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:

Valuates Reports  
sales@valuates.com 
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
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