Global Lithography Equipment Market to Grow at Over 15% CAGR and Surpass US$ 600 Mn by 2026

A new detailed study titled “Lithography Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the report, the global lithography equipment market is likely to surpass US$ 600 Mn by the end of 2026. It is anticipated that global lithography equipment market will grow at over 15% CAGR during the assessment period.

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According to the report, demand for lithography equipment is likely to witness steady growth during the assessment period on account of growing application in wafer fabrication and semiconductor manufacturing. The demand for lithography equipment is also likely to grow on account of rapid growth of the consumer electronics sector, especially in developing countries. The prospects of lithography equipment market are directly linked to the broader advancements in the consumer electronics industry.

Manufacturers in the lithography equipment market are focusing on launching innovative offerings to consolidate their position. The key areas of focus for manufacturers include improving the energy efficiency of lithography equipment and reducing the cost of the equipment. These pervasive factors are likely to influence market growth during the assessment period.

The report segments the global lithography equipment market into application, packaging platform, technology and region. The application segment is further sub-segmented into LED devices, MEMS devices and advanced packaging. The packaging platform segment is categorized into glass panel imposer, FO WKP panel, embedded die, 3D WLP, flip chip bumping, WL CSP, FO WLP wafer, 2.5D interposer and 3D IC. On the basis of technology, the global market is divided into laser ablation, laser direct imaging, projection and mask aligner. Geographically, the market is divided into key regions globally which are North America, Latin America, Europe, Asia Pacific Excluding Japan, Middle East & Africa and Japan.

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Asia Pacific is one of the most lucrative regions for global lithography equipment market. High number of manufacturing hubs in the region, especially in Taiwan and China, lead to high volume production of lithography equipment. In addition to focusing on volume, the key players in Asia Pacific are also focusing on improving the quality to meet the evolving needs of end-users.

The report profiles some of the leading players operating in the market. Some of these players are Screen, Orbotech, USHIO, ORC, ASML System BV, EV Group Inc., Rudolph Technologies Inc., Shanghai Micro Electronics Equipment Co., Ltd., Nikon Corporation, Canon USA Inc., SUSS Microtech Lithography GmbH and Ultratech Inc..

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This release was published on openPR.