Photomask Market is expected to reach US$ 5.9 Bn by 2027

The global Photomask market by application is fragmented into semiconductor & IC, discrete, optoelectronics, display devices, MEMS, and others. Photomasks find their largest application in the manufacture of semiconductors. A set of photomasks is required to produce a complete semiconductor material. The photomask is protected by a foil, which is called pellicle to avoid any contamination to the chipboard. The image carved on the photomask is then imprinted on the chipboard by laser lithography or e-beam lithography. While using a photomask for lithography, the equipment has to fulfill certain specifications that include line width uniformity, accuracy, pattern position, and minimum feature size. Photomask prototyping is used for high volume production of semiconductor devices.

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Photomask Market - Companies Profiles
Advance Reproductions Corporation
Compugraphics International Limited
Dai Nippon Printing Co., Ltd.
HOYA Corporation
LG Innotek Co., Ltd.
Nippon Filcon Co., Ltd.
Photronics, Inc.
SK-Electronics Co., Ltd.
Taiwan Mask Corporation (TMC)
Toppan Printing Co, Ltd.

The photomask market on a global scenario was valued US$ 4.02 Bn in 2018 and is expected to reach US$ 5.90 Bn by 2027 with a CAGR growth rate of 4.5% in the forecast period from 2019 to 2027.

Compact and lightweight electronics are the prime demands from almost all industry verticals. The benefits provided by the transistors in the communication field makes it much more lucrative to be adopted. The prime benefits of reduction in size, weight, and power and secure communication provided by transistors and memories make it one of the ideal components in electronics devices. Transistors and memories have different requirements in varying devices and are useful in a broad range of applications.

The Global Photomask Market has been Segmented as Follows:

Photomask Market - by Type
Reticle
Master Mask
Copy Mask

Photomask Market - by Application
Semiconductor and IC
Discrete, Optoelectronics

Display Device
MEMS
Others

Photomask Market - by End User Vertical
Semiconductor & IC
Flat Panel Display

Thus, with the prominent growth in the sales of semiconductor devices, the demand for a new set of photomasks is also set to increase. Advancement in processor technology by Qualcomm, Intel, AMD, and Nvidia is posing a good growth opportunity for the photomask market. Availability of advanced technology for semiconductor packaging such as 3D packaging to shrink the size of semiconductor devices is set to multiply the demand for new photomask sets for the fabrication of these chips. Additionally, the implementation of IoT (Internet of Things) is further going to increase the penetration of semiconductors and IC in day to day things. Thus, the market for photomask possesses a huge growth opportunity for the photomask market during the forecasted period from 2019 - 2027.

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This release was published on openPR.