Albany, New York, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Transparency Market Research (TMR) witnesses the global photomask market has a highly competitive vendor landscape. Some of the companies dominating the global photomask market are KLA-Tencor Corporation, Photronics, Inc., Applied Materials, Inc., Nippon Filcon Co., Ltd, Toppan Printing Co., Ltd., Lasertec Corporation, SK-Electronics Co., Ltd, LG Innotek Co., Ltd, HOYA Corporation, and Taiwan Mask Corporation. These players are focusing on the development of new photomasks with the shrinking size of semiconductor and technological advancement such as 3D packaging.

According to TMR, the global photomask market is expected to attain a value of US$4,249.1 mn by the end of the year 2026. The market is anticipated to swell with a CAGR of 2.3% over the forecast period from 2017 and 2026.

Get a PDF Sample -      

Based on the photomask type, the master segment dominated the global photomask market and is expected to remain dominant over the forecast period by accounting for the US$2,600 mn by the end of the forecast period. On the basis of region, Asia Pacific dominated the global photomask market owing to the presence of the countries, which are known to be the electronic hub such as Korea and China.

Ask for a PDF Brochure -      

Growing Penetration of Electronic Devices to Propel Growth

Growing demand for the smart home, smart cities, smart cars, and smart infrastructure is boosting adoption of advanced devices based on the Internet of Things (IoT) in the numerous industries. Additionally, adoption of robotics and automation across numerous end-use application is growing substantially. Growing automation in semiconductor and semiconductor industry coupled with technological advancement is driving the growth of the global photomask market.

The global photomask market is gaining traction due to the growing development of chips and high density of circuits in the single chip. The aforementioned factors are responsible for the proliferation of photomask globally. Additionally, growing demand for the various industry is fuelling the growth of the global photomask market.

Request a Discount -          

Growing Technological Advancement to Offer Lucrative Opportunities for Growth

Growing technological advancement in the photomask is boosting its adoption primarily in the semiconductor industry. The aforementioned factor is boosting the growth of the global photomask market. Growing adoption of the lithography techniques for transferring circuits and display patterns are boosting its adoption and likely to fuel the growth of the global photomask market.

Another trend such as short replacement cycle coupled with growing disposable income is boosting sales of the consumer electronic and boosting adoption of the photomask. This is another factor in boosting the growth of the photomask market. Additionally, these factors are expected to help to remain dominant over the forecast period.

View Report TOC -     

This information is encompassed in the report by TMR, titled “Photomask Market (Photomask Type- Masters, Reticles; Trade Type- Merchant, Captive; Technology Type- Emulsion, Laser, E-Beam) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026.”   

For the study, the Photomask market has been segmented as follows:

By Photomask Type:

  • Masters
  • Reticles

By Trade Type:

  • Merchant
  • Captive

By Technology Type:

  • Emulsion
  • Laser
  • E-Beam

By Geography:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Africa

Browse More  Electronics & Semiconductors Market Research Reports

Popular Research Reports by TMR:

About Us:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Research Blog: