Photomask Market Expected to Reach US$ 4,249.1 Million Revenue Globally by 2026: APEJ will be Major Revenue Contributor

In the semiconductor industry and IC manufacturing, photomask has been used widely. In the present time, increasing demand for smart home, smart infrastructure, smart cities, smart cars, etc., is driving Internet of Things (IoT) across various industries. This is resulting in the growing automation in the semiconductor industry, thereby driving the global market for photomask. A new study, titled “Photomask Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” has been broadcasted to the wide repository of Market Research Hub (MRH), which presents a detailed analysis of the global market for photomask, with a prime focus on regions, such as Latin America, Europe, Asia Pacific Excluding Japan (APEJ), North America, Japan, and the Middle East and Africa (MEA).

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Research Inclusions and Key Findings

In this report, top-down and bottom-up approach has been used to provide estimation on the market size of the global photomask market. The report also comprises insights on all the major factors influencing market growth. Moreover, it includes market dynamics such as trends, opportunities, factors driving the market steadily. As per the study major findings, the global market for photomask to experience slow-moving growth, expanding at the CAGR of 2.3% between 2017 and 2026. The global market for photomask is also anticipated to reach US$ 4,249.1 million revenue by 2026 end.

On the basis of geographical analysis, research finds that Asia Pacific Excluding Japan (APEJ) is expected to be one of the major revenue contributors to the photomasking market through 2026. China and South Korea are witnessing a huge demand for semiconductor components. Also, growth in the manufacturing of ICs in the country is expected to boost the need for photomasking.

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Moreover, the research has been analyzed on the basis of major segments such as trade type, photomask type and technology type. Based on the photomask type, the segment is further divided into reticles and masters. Trade type is further segmented into captive and merchant. Among these, captive is expected to be the largest trade type segment during the forecast period 2017-2026. By technology type, the market segment includes e-beam, laser and emulsion. Of these, the emulsion is expected to see growth in the global photomask market in the coming years.

In recent years, the demand for a large size of photomask has also fueled with the increased use of Flat Panel Display (FPD) in electronic devices including TVs, smartphones, PCs, notebooks, etc. the FPD mask is being increasingly used for manufacturing large screen electronic devices.

With technological advancement and introduction of new devices, there has been an increase in demand for high chip density, as a result, manufacturers are developing photomask that offers high chip density, enabling higher functionality performance. This global photomask market report also provides vital information on the leading players in the market such as Toppan Printing Co., Ltd., Applied Materials, Inc., KLA-Tencor Corporation, SK-Electronics Co., Ltd., Photronics, Inc., Lasertec Corporation, Nippon Filcon Co., Ltd., Taiwan Mask Corporation, HOYA Corporation, and LG Innotek Co., Ltd.

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This release was published on openPR.