Nanolithography: Key market research findings
- APAC dominates the market geographically
- Foundries to account for a majority of the market’s revenue
- Key vendors – ASML, Canon, Leica, Raith, and SUSS MicroTec
Technavio’s market research analysts predict the global nanolithography market to grow at a CAGR of less than 1% between 2016 and 2020. The market’s growth is driven primarily by the emergence of advanced consumer products. Manufacturers are introducing new, content-rich applications to enhance the quality of their services. With rapid innovation and the growing demand for upgraded electronics, there is an increasing focus on offering better consumer products with improved functionalities. During 2015, APAC dominated the global nanolithography market by accounting for almost 72% of the overall market share. The presence of prominent semiconductor foundries such as TSMC, Samsung, and SMIC in countries such as Taiwan, South Korea, Japan, and China is expected to augment the demand for nanolithography equipment, thus, leading to the growth of the nanolithography market in APAC.
The new market research report from Technavio presents a breakdown and analysis of the nanolithography segments based on the end-user.
“The recent rise in the number of fabless semiconductor companies during the forecast period is likely to trigger an increase in the demand for nanolithography equipment. Semiconductor companies are going fabless to reduce overhead expenses in foundry operations and to focus more on the design and development of their solutions. They are outsourcing their fabrication and other foundry-related activities to companies that specialize in the manufacturing, assembly, and testing of semiconductor ICs,” says Asif Ghani, Lead Analyst, Semiconductor, Technavio Research.
By 2020, the foundries segment will continue its dominance as the key generator in the nanolithography market globally with a market share of around 64%. Foundries work with IC designers to develop efficient ICs. Lithography equipment including nanolithography equipment plays a fundamental role in the fabrication process of semiconductor ICs. The rising adoption of electronic devices worldwide and the growth of advanced consumer electronics is expected to contribute to the growth of this segment in the coming years.
The key vendors in the market include ASML, Canon U.S.A, Leica, Raith, and SUSS MicroTec. The nanolithography equipment market is highly fragmented because of the presence of a few prominent players and a large number of local and regional players. During the forecast period, the level of competition in the market is expected to intensify due to the advent of new technologies and the upgradation of the existing technologies.
A more detailed analysis is available in the Technavio report, Global Nanolithography Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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