According to the latest report by IMARC Group, titled, “Photomask Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”,The global photomask market size reached a value of US$ 4.52 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.71 Billion by 2027, exhibiting at a CAGR of 4.24% during 2022-2027.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
A photomask is a compact, accurate and cost-effective device used to transfer images on a chrome blank device by displaying or writing different patterns.It comprises hard and transparent substrates, which include glass and fused silica, with an opaque surface layer for printing microscopic patterns.At present, it is widely available in different types and finds numerous applications in the microlithography process and integrated circuits (ICs).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Photomask Market Trends:
The increasing use of semiconductors for manufacturing electronics, smartphones, wearables and automated systems, represents one of the key factors bolstering the market growth. In addition, key players are developing next-generation extreme ultraviolet (EUV) photomasks that are integrated with driverless automobiles to minimize unwanted reflection of light to peripheral sections. Apart from this, photomasksare used for producing medical and biomedical products.This, coupled with the burgeoning healthcare sector, is projected to create a positive outlook for the market in the coming years.
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Photomask Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Advance Reproductions Corp., Applied Materials Inc., HOYA Corporation, Infinite Graphics Incorporated, KLA Corporation, LG Innotek Co. Ltd, Mycronic AB (publ), Nippon Filcon Co. Ltd., Photronics Inc., SK-Electronics Co. Ltd., Taiwan Mask Corporation and Toppan Printing Co. Ltd.
The report has segmented the market on the basis on product, mask shop type and application.
Breakup by Product:
Reticle
Master
Others
Breakup by Mask Shop Type:
Captive
Merchant
Breakup by Application:
Optical Devices
Discrete Components
Displays
MEMS
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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