Photolithography Equipment Market 2020 With 4.3% CAGR Driven by Semiconductor Industry

Press Release   •   May 16, 2016 08:50 EDT

The photolithography equipment market is expected to grow at a CAGR of 4.3% between 2015 and 2020. Photolithography is the process of transferring geometric patterns on a silicon wafer mask. There are various steps involved in the photolithography process, such as wafer cleaning, barrier layer formation, photoresist application, soft baking, mask alignment, exposure & development, and hard baking. The photolithography equipment types are i-line, KrF, ArF dry, ArFi, and EUV. Complete report on photolithography equipment market spread across 128 pages, profiling 10 companies and supported with 69 tables and 59 figures is now available at http://www.rnrmarketresearch.com/photolithography-equipment-market-by-type-i-line-krf-arf-dry-arfi-and-euv-light-source-mercury-lamp-excimer-laser-fluorine-laser-and-laser-produced-plasma-wavelength-and-region-forecast-to-2020-market-report.html .

The EUV photolithography equipment market is expected to grow at the highest CAGR during the forecast period. The impressive growth of the semiconductor industry is expected to create opportunities for the growth of the EUV photolithography equipment market. To manufacture semiconductor devices, exposing is done on each wafer that increases the cost of device manufacturing. 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 major factors driving the growth of the photolithography equipment market includes advancements in technology and increasing government support. Government support and funding extended to companies active in the market have contributed to the overall growth of photolithography equipment market. Various U.S. based agencies such as the Defense Advanced Research Projects Agency (DARPA) are engaged in funding research on advanced IC architecture, design tools, and photolithography technology.

The Key players in the photolithography equipment market are focused on research & development and launching of new technologies to improve the photolithography process for semiconductor device manufacturing. This is evident from the high frequency of new product launches by companies active in the market. Earlier, fabrication was done with the direct light imaging process within the range from 193 to 248nm. However, with the advancement in the semiconductor industry, there is a requirement for improved wavelength in the semiconductor device manufacturing process. Hence, companies have developed extreme ultraviolet photolithography that offers the 13.5nm range for manufacturing semiconductor devices.

The key players operating in photolithography equipment market include ASML Holdings, N.V. (Netherlands), Nikon Corporation (Japan), Canon, Inc. (Japan), JEOL Ltd. (Japan), NuFlare Technology, Inc.(Japan), Ultratech, Inc. (U.S.), Rudolph Technologies, Inc. (U.S.), SUSS Mictotec, A.G. (Germany), Nil Technology (Denmark), EV Group (U.S.) among others. Make an Inquiry on “Photolithography (Equipment) Market by Type (i-line, KrF, ArF Dry, ArFi, and EUV), Light Source (Mercury Lamp, Excimer Laser, Fluorine Laser, and Laser Produced Plasma), Wavelength, and Region - Forecast to 2020”research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=441317 .

On a related note, another research titled Laser Technology Market Analysis & Forecast to 2022 says, the laser technology market is expected to grow from USD 10.09 billion in 2015 to reach USD 14.67 billion by 2022, at a CAGR of 5.33% between 2016 and 2022. The optical communication application expected to witness the highest growth rate during the forecast period. The market in APAC is expected to hold the largest share of the laser technology market and to witness the highest growth rate during the forecast period. Companies like Coherent, Inc. (U.S.), Trumpf Group (Germany), IPG Photonics Corp. (U.S.), ROFIN-SINAR Technologies, Inc. (U.S.), Newport Corp. (U.S.), Jenoptik AG (Germany), Lumentum Holdings, Inc. (U.S.), GSI Group, Inc. (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), and Epilog Laser (U.S.) have been profiled in this 161 pages research report available at http://www.rnrmarketresearch.com/laser-technology-market-by-types-fiber-laser-co2-laser-solid-state-laser-excimer-laser-dye-laser-diode-laser-applications-global-forecast-and-analysis-2012-2017-market-report.html .

Explore more reports on Electronics market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics .

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