Outlook of the global nanolithography equipment market
Technavio’s market research analyst predicts the global nanolithography equipment market to grow at a CAGR of around 1% during the forecast period. The demand for compact electronic devices has grown in sectors like communication device, automotive, industrial manufacturing, and healthcare equipment. This trend has compelled the semiconductor IC manufacturers to invest in R&D to reduce the size and increase the performance of ICs, which in turn has led to the emergence new nanolithography equipment.
The strong demand for miniaturized electronic devices is another major factor that will drive market growth during the forecast period. One of the major transformations in the global semiconductor industry is the advent of miniaturized semiconductor components like ICs. Recently, it has been observed that manufacturers are focusing on the size reduction of their devices without compromising on performance. Consequently, IC chips installed in the system need to be small in size, while delivering better performance and consuming lesser power. Nanolithography systems play an important role in such systems as they help to transfer the IC design from a photomask to a silicon wafer. Due to miniaturization of electronic devices, the use of optimized and miniaturized electronic circuits made of semiconductor materials has increased.
Geographical segmentation of the nanolithography equipment market
- Americas
- APAC
- EMEA
At present, the APAC region dominates this market and is anticipated to grow at a CAGR of nearly 1% during the forecast period. Factors such as the early adoption of smartphones and tablets and the growing usage of the mobile internet have augmented the demand for nanolithography equipment in this region.
Competitive landscape and key vendors
The nanolithography equipment market is highly fragmented because of the presence of a few prominent players and a large number of local and regional players. During the forecast period, the level of competition in the market is expected to intensify due to the advent of new technologies and the up gradation of the existing technologies.
The leading vendors in the market are -
- ASML
- Canon U.S.A.
- Leica
- Raith
- SUSS MicroTec
Other prominent vendors in the market include Rolith, Nanoink Optical Associates, Nanonics Imaging, JC Nabity Lithography Systems, and NIL Technology.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global nanolithography equipment market?
- What are the key market trends impacting the growth of the nanolithography equipment market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global nanolithography equipment market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the nanolithography equipment market?
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