TechNavio recognizes the following companies as the key players in Global Lithography Systems Market: ASML Holding NV, Canon Inc., Nikon Corp., and NuFlare Technology Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The short replacement cycle of portable electronic devices is another major trend witnessed in the Global Lithography Systems market. In the current scenario, portable electronic devices such as smartphones and tablets are becoming obsolete within a short span of time. The main reason for this is the quick succession of next-version models, which results in consumers replacing older versions of their devices with newer ones. Currently, the duration of the replacement cycle period is 8-12 months; earlier, the replacement period used to be much longer. Therefore, this reduction in the product replacement cycle is fostering the demand for semiconductor wafers for their use in newly launched devices.”
According to the report, there are several drivers in the Global Lithography Systems market, the most important of which is the rising demand for smartphones and tablets. The main reason for the growing demand for these devices is their increasing adoption in emerging markets. This rising demand has subsequently created more demand for semiconductor wafers, driving the growth of the Global Lithography Systems market.
Further, the report states that one of the key challenges in the market is the cyclical nature of the Semiconductor industry. As a result of this, many lithography systems manufacturers often experience fluctuating revenues, which in turn adversely affects their profitability.
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. For further information on this report, please visit https://www.technavio.com/report/global-lithography-systems-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Lithography Systems Market 2014-2018
