Consumer electronics' expanding market share and semiconductors' ongoing development will fuel market expansion throughout the course of the projection period. In the upcoming years, the market will rise due to the introduction of flat panel displays, the downsizing of chips and circuit boards, and the development of IoT.
Through the ongoing development of technologies like artificial intelligence, autos, power, and 5G networks, digitization is accelerating quickly. Its core, semiconductors, are crucial to the development of these sectors. This increases the demand for photomasks, which in turn promotes the expansion of the photomask industry. In addition, the growth of IoT sensors has led to the development of smart, connected products like TVs, laptops, and cars that require several masks to be produced. Accurate transmission of the chip and circuit layout.
Shorter chip sizes and downsizing are becoming more and more necessary due to the limited lifespan of electronic devices and rising memory demands. Because of the increases in operational effectiveness, high precision, and prompt order fulfillment, many businesses are investing in photomasks. Throughout the projected period, this will fuel the photomask market's expansion. The need for flat panel displays and the transition from LCD to LED and AMOLED are driving the need for a more modern set of photomasks. In the upcoming years, this will accelerate the expansion of the photomask industry.
Computer chips and smart device chips can be made smaller with the aid of photomasks. Without the use of a lithographic technique, exact images and precise general arrangements cannot be produced. As a result, more modern methods are being developed to manage the production of wireless computing devices. This will help the market for photomasks around the world to grow. The industry is purchasing UV lithography with different patterning/exposure methods, and 193nm extensions are also being extended.
Photomasks are quite practical. There are some problems, though. Due to the fact that it can only be done on flat substrates, the equipment is pricy and is limited by the wavelength of light. This will prevent the market for photomasks from expanding. The procedure must be carried out in a clean room that is free of chemical pollutants and airborne particulates.
With 40% of the market share, the soda mask category is anticipated to rule the photomask industry.
Because semiconductor manufacturing businesses are increasingly using these technologies, the semiconductor application will experience significant growth.
Due to increasing production and consumption in the semiconductor sector, Asia-Pacific will experience the largest growth overall throughout the projection period. China is the biggest with a 25% market share, followed by Japan and the US, both of which have a 45% overall share.
.jpg)
|
Report Metric |
Details |
|
Report Name |
Photomask Market |
|
The Market size value in 2020 |
4171 Million USD |
|
The Revenue forecast in 2027 |
5457.2 million USD |
|
Growth Rate |
CAGR of 3.8% from 2021 to 2027 |
|
Base year considered |
2020 |
|
Forecast period |
2021-2027 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Type, End-User, Offerings, and Region |
|
Report coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
|
Geographic regions covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Ans. In terms of product, Soda Mask is the largest segment, with a share over 40%. And in terms of application, the largest application is Semiconductor, followed by Flat Panel Display, Touch Industry, Circuit Board
Ans. China is the largest market, with a share over 25%, followed by Japan and US, both have a share of about 45 percent.
Ans. According to the Latest Report from Valuates Reports, In 2020, the global Photomask market size was US$ 4171 million and it is expected to reach US$ 5457.2 million by the end of 2027, with a CAGR of 3.8% during 2021-2027.
Ans. The forecast period for the photomask market is 2021 to 2027
Ans. The top companies operating in the photomask market include Hoya, DNP, SK-Electronics, Toppan, Photronics, LG Innotek, Compugraphics Photomask Solutions, Taiwan Mask, IGI, Nippon Filcon, HTA, ShenZheng QingVi, Plasma Ther.
$4900
$7350
$9800
HAVE A QUERY?
OUR CUSTOMER
Add to Cart
Add to Cart
Add to Cart
Add to Cart