Global Data Bridge Market Research analyses that the photomask market was valued at USD 4.52 billion in 2021 and is expected to reach USD 5.91 billion by 2029, registering a CAGR of 3.40 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Photomask Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Rising Demand for Consumer Electronics
- Semiconductors are critical components in modern electronics manufacture. This, together with the rising demand for consumer devices such as smartphones, notebooks, and wearables, is one of the key drivers of market expansion.
Growing Demand for Fast Computing Memories and Processors
- Optical devices, electro-optical devices, hybrid circuits, resistor networks, liquid crystal displays (LCDs), and microelectromechanical systems all use photomasks to some extent (MEMS). This, together with increased demand for rapid processing memory and processors, is fueling market expansion.
Opportunities
Rising sale of vehicle
- Boosting sale of vehicle coupled with growing focus on improving communication and safety systems will cushion the market’s growth rate in coming years. Along with this, the surging technological advancement will boost new market opportunities for the market’s growth rate.
Restraints/ Challenges Global Photomask Market
- However, worldwide financial uncertainty and macroeconomic situations including currency exchange and economic issues will hinder the photomask market growth rate. The negative impact of COVID-19 outbreak on supply chain will pose major challenge for the market’s growth rate. Continuous shrinking geometrics of semiconductor ICs and technical limitations are the primary restraining factors that would negatively impact the growth of the photomask market.
Global Photomask Market Scope
The photomask market is segmented on the basis of product type, mask shop type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Quartz Mask
- Soda Mask
- Toppan
- Film
Mask Shop Type
- Captive Mask
- Merchant Mask
Application
- Optical Devices
- Discrete Components
- Displays
- MEMS
- Others
End User
- Semiconductor
- Flat panel display
- Touch industry
- Circuit board
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Photomask Market Regional Analysis/Insights
The photomask market is analysed and market size insights and trends are provided by country, product type, mask shop type, application and end user as referenced above.
The countries covered in the photomask market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Photomask Market Share Analysis
The photomask market competitive landscape provides details by competitor. Some of the major players operating in the photomask market are:
- Applied Materials, Inc. (US)
- SK-Electronics Co., Ltd. (Japan)
- Toppan Photomasks (US)
- Photronics, Inc. (US)
- LG INNOTEK (South Korea)
- Compugraphics (US)
- Toppan Chunghwa Electronics Corporation (Taiwan)
- Infinite Graphics Incorporated (US)
- NIPPON FILCON CO., LTD. (Japan)
- Plasma-Therm (US)
- HOYA Corporation (Japan)
- Lasertec Corporation (Japan)
- KLA Corporation (US)
- PKL Services, Inc. (US)
- Mycronic (Sweden)
- MacDermid Alpha Electronics Solutions (US)
- Taiwan Photomask Co., Ltd. (Taiwan)
- Qingyi Photomask Limited (China)
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MAJOR TOC OF THE REPORT: -
- Chapter One: Introduction
- Chapter Two: Market Analysis and Insights
- Chapter Three: Market Dynamics
- Chapter Four: Market Scope
- Chapter Five: Market Regional Insights
- Chapter Six: Competitive Landscape System Market
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