Press release
Laser Photomask Market Forecast 2024: Innovations Driving Semiconductor Fabrication
Laser Photomask Market Forecast
The new report published by The Business Research Company, titled Laser Photomask Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the laser photomask market size has grown steadily in recent years. It will grow from $3.55 billion in 2023 to $3.69 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. The laser photomask market size is expected to see steady growth in the next few years. It will grow to $4.33 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%.
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What Is Driving The Growth Of The Global Laser Photomask Market?
Growing Demand For Semiconductors Driving the Laser Photomask Market
The growing demand for semiconductors is expected to propel the growth of the laser photomask market. A semiconductor is a material with intermediate electrical conductivity crucial for electronic devices due to its controllable conductivity and band structure. The demand for semiconductors is due to their essential role in powering advanced electronics, enabling faster processing, and driving innovation across various technology sectors. Laser photomasks are used in semiconductor manufacturing to project intricate circuit patterns onto semiconductor wafers, allowing for precise etching and patterning of integrated circuits during photolithography. For instance, in July 2024, according to the Semiconductor Industry Association, a US-based trade association, sales in the semiconductor industry reached $49.1 billion in May 2024, up 19.3% from $41.2 billion in May 2023. Therefore, the growing demand for semiconductors is driving the laser photomask market.
What Is The Key Trend In The Global Laser Photomask Market?
Lasertec Corporation Launches MZ100 Advanced Mask Edge Inspection System For Semiconductor Industry
Major companies operating in the laser photomask market are focused on developing innovative solutions, such as mask edge inspection systems, to enhance accuracy and performance. Mask edge inspection systems are specialized tools used in the semiconductor and photomask industries to ensure the precision and quality of photomasks to fabricate integrated circuits (ICs). For instance, in June 2021, Lasertec Corporation, a Japan-based manufacturer of photomask inspection systems, launched the MZ100, a mask edge inspection system. The MZ100 enhances quality and yield in semiconductor photomask production by enabling high-sensitivity inspection of extreme ultraviolet (EUV) and deep ultraviolet (DUV) masks. It features advanced confocal optics for precise measurement and defect detection on the side face and bevel sections of masks, addressing critical needs in the manufacturing process. The MZ100 aims to support semiconductor manufacturers in achieving higher yields and improved quality amidst the growing demand for advanced integrated circuits.
How Is The Global Laser Photomask Market Segmented?
The laser photomask market covered in this report is segmented -
1) By Type: Reticles, Masters
2) By Trade Type: Captive, Merchant
3) By Application: Chip, Liquid Crystal Display, Printed Circuit Board
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How Is The Competitive Landscape Of The Global Laser Photomask Market?
Major companies operating in the laser photomask market are Canon Inc., Applied Materials Inc., LG Innotek Co. Ltd., Toppan Printing Co. Ltd., KLA-Tencor Corporation, Dai Nippon Printing Co. Ltd., Hoya Corporation, Photronics Inc., Lasertec Corporation, Mycronic AB, SÜSS MicroTec Photomask Equipment GmbH, Taiwan Mask Corporation , Nippon Filcon Co. Ltd., SK-Electronics Co. Ltd., Vistec Electron Beam GmbH, Compugraphics, Heidelberg Instruments Mikrotechnik GmbH, HTA Photomask, Infinite Graphics Incorporated, Shin-Etsu MicroSi Inc.
Contents Of The Global Laser Photomask Market
1. Executive Summary
2. Laser Photomask Market Report Structure
3. Laser Photomask Market Trends And Strategies
4. Laser Photomask Market - Macro Economic Scenario
5. Laser Photomask Market Size And Growth
…..
27. Laser Photomask Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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