This industry research report presents a detailed segmentation of the global photomask market by geography and includes the market share analysis for key regions like the Americas, APAC, and EMEA. The top vendors analyzed in this report are Dai Nippon, Photronics, and Toppan Photomasks.
Technavio has released its new market research report, global photomask market, which is expected to grow at a CAGR of around 2% between 2016 and 2020. The continuous reduction in the feature size, less than 45nm, is anticipated to bolster the demand for photomasks by semiconductor designers. APAC dominates the global photomask market, accounting for 68% of the total market share. The increasing production of semiconductor components, such as ICs, in countries like China and Taiwan, is expected to augment the demand for photomasks during the next five years.
“Owing to low profit margins, the market is witnessing a series of collaborations and partnerships. Several photomask vendors are entering into strategic partnerships with merchant photomask suppliers and chipmakers, given its capital-intensive nature. Recently, Photronics got into an agreement with Micron, for a strategic supply and technology license,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The increase in chip density is the key driver for the growth of this market. Recent technological advances in the semiconductor industry have led to the development of chips with high circuit densities. The development of such chips is anticipated to accelerate the investments in new technologies, which in turn will result in market growth during the forecast period.
The leading vendors in the global photomask market include Dai Nippon, Photronics, and Toppan Photomasks. This market is highly fragmented because of the presence of numerous small and large vendors. The vendors in this market compete on the basis of price, quality, reputation, and distribution to gain maximum market traction during the forecast period. The high level of competition in this market is envisaged to result in numerous mergers and acquisitions, which in turn will help large companies to bolster their revenue generating capacity.
A more detailed analysis is available in the Technavio report, Global Photomask Market 2016-2020.
We can customize this reports by other regions and specific segments upon request.
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