The semiconductor photolithography equipment market is expected to grow at a compound annual growth rate of 5.16% over the forecast period to reach a market size of US$8.538 billion in 2026 from US$6.003 billion in 2019. Semiconductor photolithography equipment is being adopted by many industry verticals, globally. The key factors that drive the growth of the semiconductor photolithography equipment market include the technological advancement of smartphones, tablets, laptops, and computers. With the growth of the electronic device industry such as consumer electronics, ICT, and others, the demand for semiconductor integrated circuits increases as it has many applications in consumer electronic devices, sensor devices, or memory devices.
Impact of covid-19
Covid-19 Pandemic has a huge impact on the semiconductor industry. The demand for semiconductor equipment has declined during the pandemic. Demand for semiconductors in the ICT/TELECOM industry has declined during the pandemic because companies delayed their plans for hardware upgradation and other long term migration projects which negatively impacted the semiconductor industry.
|Market size value in 2019||US$6.003 billion|
|Market size value in 2026||US$8.538 billion|
|Growth Rate||CAGR of 5.16% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Product Category, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||SUSS MicroTec, ASML, Applied Materials, Tokyo Electron Ltd., Canon Semiconductor Equipment INC., JEOL Ltd., Nikon Corporation, Vistec Semiconductor System, Holmarc Opto-Mechatronics (P) Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC)|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What is the size of the global semiconductor photolithography equipment market?
A1. Semiconductor Photolithography Equipment Market was valued at US$6.003 billion in 2019.
Q2. How is the global semiconductor photolithography equipment market segmented?
A2. The semiconductor photolithography equipment market has been segmented by type, product category, and geography.
Q3. What will be the semiconductor photolithography equipment market size by 2026?
A3. The semiconductor photolithography equipment market is expected to reach a market size of US$8.538 billion in 2026.
Q4. What are the growth prospects for the semiconductor photolithography equipment market?
A4. The global semiconductor photolithography equipment market is expected to grow at a CAGR of 5.16% over the forecast period.
Q5. What factors are anticipated to drive the semiconductor photolithography equipment market growth?
A5. The notable factors positively impacting the photolithography equipment market include high demand for miniaturized electronic devices, increase in trend of the Internet of Things, and expansion of the semiconductor industry.
Tokyo Electron Ltd.
Canon Semiconductor Equipment INC.
Holmarc Opto-Mechatronics Ltd.
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