Semiconductor Photolithography Equipment Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (UV Lithography, DUV Lithography, EUV Lithography), By Product Category (Advanced Packaging, LED Device, MEMS, Others), And By Geography - Forecasts From 2021 To 2026

Published:  Nov 2021 Report Code: KSI061610707 Pages: 114

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.

Market Drivers

  • Increased adoption of semiconductor photolithography in the automobile industry. The demand for automotive electronics will continue to rise due to the high demand of software defined, cloud-connected electric vehicles, owing to which the demand for semiconductor photolithography equipment in automotive sector is expected to increase during the forecasted period. The Automotive sector is expected to be the most promising driver for the growth of the semiconductor industry.
  • High demand for consumer electronics- converged devices such as Smart TVs, smartphones and digital setup boxes will be a major growth driver for semiconductor equipment market. New games consoles such as Sony’s PlayStation 4, Nintendo’s Wii U, and Microsoft’s Xbox One will have a positive impact on the growth of the semiconductor market.
  • Increased demand for smartphones, with the on-going trend of remote working and online classes the demand for laptops, smartphones will continue to rise. Covid-19 pandemic pushed most of the consumers to make smartphones their new essential.
  • With the growing consumer electronics market, the demand for semiconductor photolithography equipment is also increasing. In response to the growing competition levels in the industry and fast paced technological developments consumer electronics manufacturers increasingly adopt innovative and strategic business models for the manufacturing of electronic devices which in turn augmented the growth of the semiconductor photolithography equipment market.

Recent Developments:

  • NeuroBlade, a company developing an in-memory inference chip for data centers and edge devices, announced that it raised $83 million in a funding round led by Corner Ventures and Intel Capital with participation from StageOne Ventures, Marius Nacht, MediaTek, PSMC, and Marubeni Ventures.
  • In India, Hindustan Semiconductor Manufacturing Corporation (HSMC), a consortium of companies that included ST Microelectronics and Silterra Malaysia was aiming to kickstart a chip manufacturing plant in Gujarat, a project worth INR 30,000 crore.
  • Jaiprakash Associates partnered with IBM and Tower Semiconductor of Israel to start chip manufacturing in UP.
  • India and Taiwan are making investments to bring chip manufacturing to South Asia along with tariff reductions on components for producing semiconductors by the end of this year.

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.

Semiconductor Photolithography Equipment Market Scope:

Report Metric Details
 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
 Base year  2019
 Forecast period  2021–2026
 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


  • By Type
    • UV Lithography
    • DUV Lithography
    • EUV Lithography
  • By Product Category
    • Smart phone
    • Cameras
    • Laptops
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Others
    • Middle East and Africa
      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

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.

1.1. Market Definition
1.2. Market Segmentation

2.1. Research Data
2.2. Assumptions

3.1. Research Highlights

4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5.1. Introduction
5.2. UV Lithography
5.3. DUV Lithography
5.4. EUV Lithography

6.1. Introduction
6.2. Smart Phones
6.3. Laptops
6.4. Cameras
6.5. Others 

7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom 
7.4.4. Spain 
7.4.5. Others
7.5. The Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. South Korea
7.6.4. Taiwan
7.6.5. Thailand
7.6.6. Indonesia 
7.6.7. Japan
7.6.8. Others

8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9.1. SUSS MicroTec
9.2. ASML
9.3. Applied Materials
9.4. Tokyo Electron Ltd.
9.5. Canon Semiconductor Equipment INC.
9.6. JEOL Ltd.
9.7. Nikon Corporation
9.8. Holmarc Opto-Mechatronics (P) Ltd.

SUSS MicroTec


Applied Materials

Tokyo Electron Ltd.

Canon Semiconductor Equipment INC.


Nikon Corporation

Holmarc Opto-Mechatronics Ltd.



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