Photolithography Equipment Market worth 8.02 Billion USD by 2020

Photolithography (Equipment) Market by Type (i-line, KrF, ArF Dry, ArFi, and EUV), Light Source (Mercury Lamp, Excimer Laser, Fluorine Laser, and Laser Produced Plasma), Wavelength, and Region - Forecast to 2020

Photolithography is the process of transferring geometric patterns on a silicon wafer mask. There are various steps involved in the photolithography process, such as wafer cleaning, barrier layer formation, photoresist application, soft baking, mask alignment, exposure & development, and hard baking. The photolithography equipment types are i-line, KrF, ArF dry, ArFi, and EUV.

The market for EUV photolithography equipment is expected to grow at the highest CAGR during the forecast period. The impressive growth of the semiconductor industry is expected to create opportunities for the growth of the EUV photolithography equipment market. To manufacture semiconductor devices, exposing is done on each wafer that increases the cost of device manufacturing. . However, the EUV equipment is advantageous for manufacturers because it exposes the critical layer in just one step that reduces the manufacturing cost of semiconductor devices. 

The major factors driving the growth of the photolithography equipment market includes advancements in technology and increasing government support. Key players in the market are focused on research & development and launching of new technologies to improve the photolithography process for semiconductor device manufacturing. This is evident from the high frequency of new product launches by companies active in the market. Earlier, fabrication was done with the direct light imaging process within the range from 193 to 248nm. However, with the advancement in the semiconductor industry, there is a requirement for improved wavelength in the semiconductor device manufacturing process. Hence, companies have developed extreme ultraviolet photolithography that offers the 13.5nm range for manufacturing semiconductor devices. 

Government support and funding extended to companies active in the market have contributed to the overall growth of this market. Various U.S.-based agencies such as the Defense Advanced Research Projects Agency (DARPA) are engaged in funding research on advanced IC architecture, design tools, and photolithography technology.

This research report categorizes the global photolithography equipment market based on type, light source, wavelength, and region. This report describes the drivers, restraints, opportunities, and challenges with respect to the photolithography equipment market. .The Porter’s five forces analysis has been included in the report with a description of each of its forces and their respective impact on the photolithography equipment market.