Photomask industry market is anticipated to grow at a considerable CAGR of 3.30% during the forecast period. The global reasons driving the growth of the photomask market are Increasing the use of electronic devices and the increased emphasis on technological advancements such as the Internet of Things (IoT). For Instance, Toppan Printing uses the IoT to optimize administrative operations the company has developed a simulation service to enhance the efficiency of administrative operations. The service uses sensors and other IoT devices for industry to make BPO and other administrative services visible and enable higher efficiency and quality. With this service, a scheme based on IoT platforms for industrial devices has been developed to enable Digital Twin, which has conventionally been employed predominantly in plants, to be used for administrative operations. According to SPIE.org, Merchant photomask companies service the majority of the 14nm and greater nodes globally. These industry important nodes are facing mask supply challenges in the coming decade due to tool obsolescence and new organic growth. The photomask industry is facing significant equipment obsolescence for the mask tools that support mature technologies. Recent progress on equipment obsolescence issues will be reviewed. In addition, significant wafer capacity is being added globally at mid and mature technologies (>=14nm) which will drive photomask demand. We will synthesize the tool availability and semiconductor growth factors into a forecasted demand for both mask equipment manufacturers and the merchant mask market and discuss the impact on the overall semiconductor market.
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In global market of semiconductor Held a Major Market Shares the reason is to the huge demand for semiconductor components worldwide. According to Semiconductor Industry Association (SIA) Semiconductor technology has rapidly evolved as the industry develops more advanced products and process technologies for applications in end-use industries. In recent years, the largest segments of the worldwide semiconductor industry have been memory, logic, analog, and MPU. In 2021, these products accounted for 79 percent of semiconductor industry sales. The major growth drivers for this market are the growing adoption of consumer electronic products, usage of automated systems across various industry verticals. For instance, in June 2023, Applied Materials Inc. announced to build a collaborative engineering center in Bangalore for development and commercialization of technologies for semiconductor manufacturing equipment. the center will be designed to bring together Applied engineers, leading global and domestic suppliers, and top research and academic institutions, enabling them to collaborate in one location with a common goal of accelerating development of semiconductor equipment sub-systems and components.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Photomask Market by Product Type
- Quartz Mask
- Soda Mask
- Toppan
- Film
Global Photomask Market by Application
- Optical Devices
- Discrete Components
- Displays
- Microlectro Mechanical Systems MEMS
Global Photomask Market by End User
- Semiconductor
- Flat Panel Display
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advance Reproductions
- Applied Materials, Inc.
- Compugraphics Intl. Ltd
- HTA Photomask
- Infinite Graphics Incorporated
- KLA Corp.
- Lasertec Corp.
- LG Innotek Co., Ltd.
- Mycronic AB
- NIPPON FILCON CO., Ltd.
- Plasma-Therm
- Qingyi Photomask Limited
- Toppan Photomasks, Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the photomask market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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