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Photomask Market Market Share, Size, Growth & Forecast 2028

(IT-NEWSWIRE.COM, August 27, 2021 ) Market Overview

A photomask is an opaque plate with holes or transparencies that allow light to shine through in a defined pattern. They are commonly used in photolithography. It is a tool used for productions of components including electronic devices (semiconductors), displays, PCB, MEMS. It is a master copy for the patterning. Photolithography is used to form PCB circuits and display patterns. Photomasks are used to transfer the patterns on the baseplates. A photomask acts just like a "negative film" in photography, and that makes the baseplates printing paper. Electronic devices, transistors, memories, display devices like LCD, OLED, MEMS, Magnetic heads for hard disks, and, heads for inkjet printers are the various applications for the Photomask market.



Market Dynamics

Increasing the use of electronic devices is the major driving factor for the growth of the market worldwide. Increasing no of internet users and rise in the usage of electronic devices are the vital factors that act as key points for market growth. Along with mobile phones, people own a range of other information devices globally. For instance, nearly three-quarters of U.S. adults now own desktop or laptop computers, while roughly half now own tablet computers and roughly half own e-reader devices. More than 200 million people got their first mobile device in 2017, and two-thirds of the world’s 7.6 billion inhabitants now have a mobile phone.

The number of internet users in 2018 is 4.021 billion, up 7 % year-on-year, the number of social media users in 2018 is 3.196 billion, up 13 % year-on-year and the number of mobile phone users in 2018 is 5.135 billion, up 4 % year-on-year. Adding to this, Asian companies have improved manufacturing processes for the electronic devices and this made the Asia Pacific as a major hub for the photomask market growth. China, Japan, and the Korea Republic already have developed the electronic industry. Semiconductors found in all electronic devices. For instance, from 2001 to 2016, the value of electronics exports from Asia jumped from USD 537.3 billion to USD 1,758 billion, the growth rate is 8.2% each year on average.



Segment Analysis

By Type

• Reticles

• 1x Masks

• Copy Masks

• Others (Working Mask)

By Application

• LCD Displays

• Printed Circuit Boards

• Electronic Circuits

• MEMS

• Other Microstructures

By End Use Verticals

• Flat Panel Display industry

• Semiconductor and IC



Geographical Analysis

The Asia Pacific market for Photomask was valued at USD XX million in 2018 and the market is estimated to grow at a CAGR of XX% during the forecast period to reach a market value of USD XX million by 2026. The Asia Pacific is expected to hold the largest market share globally owing to higher demand and consumption of photomasks in the semiconductor industry. China and South Korea are the leading countries in the photomask market due to the presence of most of the key electronics manufacturing companies. For instance, In May 2017, Dai Nippon Printing Co., Ltd. (DNP) and Photronics Inc., has announced that they are establishing a semiconductor photomask manufacturing and sales joint venture (JV) in China.

Taiwan is one of the largest photomask regional markets and is expected to continue the same in the forecast period. Companies in Asia Pacific are also focusing to acquire the companies in order to extend their market presence. For instance, In August 2019, U.S.-based GlobalFoundries Inc., the world's third-largest semiconductor foundry has announced that it is selling off its photomask business to Japan’s Toppan Photomasks Inc.



Competitive Landscape

The Photomask market is competitive with existing players in the market. Some of the major players include Dai Nippon Printing, Hoya Corporation, Taiwan Mask Corporation, Toppan Photomasks, Photronics Inc., Compugraphics, Advance Reproductions Corporation, and Nippon Filcon.

Companies in the Asia Pacific are focusing to acquire the companies in order to extend their market presence.

For instance, In August 2019, U.S.-based GlobalFoundries Inc., the world's third-largest semiconductor foundry has announced that it is selling off its photomask business to Japan’s Toppan Photomasks Inc.

In May 2017, Dai Nippon Printing Co., Ltd. (DNP) and Photronics Inc., has announced that they are establishing a semiconductor photomask manufacturing and sales joint venture (JV) in China.



Related Topic's

Testing Inspection and Certification Market, Wireless Power Transmission Market, Hybrid Memory Cube Market, Hybrid Fiber Coaxial Market, Anemometer Market

DataM Intelligence

Sai Kiran

+1 877 441 4866

pr@datamintelligence.com

Source: EmailWire.Com

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