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Nanopatterning Market to Grow at 22.95% CAGR to 2021: Growth Factors & Trends
Nanopatterning Market is Projected to grow at 22.95% CAGR during the period 2017-2021. Network Consulting Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.Marketsizeforecasters.com adds new global Nanopatterning market: report that lists top active companies as AMO, IMS CHIPS, Micro Resist Technology, and SUSS MicroTec.
Other Prominent Vendors in the market are: EV Group, NanoOpto, SET Corporation, SVG Optronics, and Transfer Devices.
Research Analysts forecast the global Nanopatterning market to grow at a CAGR of 22.95% during the period 2017-2021.
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Commenting on the report, an analyst said: One trend in market is increase in the use of semiconductor devices in automobiles. The electrification and automation of automobiles have increased the demand for semiconductor wafers. Different types of semiconductor ICs are used in automotive products like airbag control, global positioning system (GPS), anti-lock braking system (ABS), car navigation and display, power doors and windows, infotainment, automated driving, and collision detection technology. The automotive product market will grow with the increase in car production during the forecast period. This will create demand for semiconductor devices, which will indirectly trigger the demand for nanopatterning systems during the forecast period.
The listed pricing for this Nanopatterning Market report starts at $ 3500.
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According to the report, one driver in market is emergence of advanced consumer products. The consumer electronics market has witnessed a number of transformations in the last five years. Feature phones have been replaced by smartphones and PCs have made way for laptops. Currently, laptops are rapidly being replaced by tablets. Similarly, CRT TVs are being replaced by LED and smart TVs. Now, the manufacturers and application developers are attempting to take this transition further by interconnecting these household devices and creating a single unit called smart homes. These smart homes would be controlled by applications installed on smartphones. Manufacturers are introducing applications with rich content that would be accessible with the help of high-speed Internet available today. With such innovations and consumer demand for better electronics, manufacturers are constantly focusing on bringing better consumer products with improved functionalities into the market.
Further, the report states that one challenge in market is increasing cost of lithography functions. The semiconductor industry is witnessing transitions in technologies due to reducing node sizes, which is impacting the lithography process. Due to such changes, the industry has adopted high-resolution techniques, which have increased the cost of lithography. The double-patterning technique increases the litho cost per function. This has an effect on the overall cost of patterning. The cost of lithography by EUV lithography (another type of nanopatterning technique) is 35% higher than the cost of ArF immersion lithography. Hence, the increasing cost of lithography functions is affecting the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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