The global lithography metrology equipment market size is poised to grow by USD 481.82 million during 2020-2024, progressing at a CAGR of about 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201105005467/en/
Technavio has announced its latest market research report titled Global Lithography Metrology Equipment Market 2020-2024 (Graphic: Business Wire)
Increased demand for miniaturized electronic devices will be one of the primary lithography metrology equipment market drivers during the forecast period. The aspect that helped the most in this is the advent of miniaturized semiconductor components such as ICs. Market vendors are primarily focusing on developing miniaturized personal electronics that have a low power consumption rate. In recent times, the miniaturized electronic devices requirement has significantly increased. The lithography metrology equipment manufacturers are focusing on developing and delivering IC chips with superior performance and lesser power consumption. With these factors, the market is expected to grow significantly during the forecast period.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
Report Highlights:
- The major lithography metrology equipment market growth came from the foundry segment. The revenue generated is expected to rise during the forecast period because of the rising adoption of miniaturized electronic devices worldwide.
- APAC was the largest lithography metrology equipment market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the rapid industrialization and urbanization in this region.
- The global lithography metrology equipment market is fragmented. Advantest Corp., Applied Materials Inc., ASML Holding NV, Canon Inc., Carl Zeiss AG, DuPont de Nemours Inc., Hitachi Ltd., HORIBA Ltd., KLA Corp., and Nikon Corp, are some of the major market participants. To help clients improve their market position, this lithography metrology equipment market forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the global lithography metrology equipment market 2020-2024 is expected to have negative impact. As the pandemic spreads in some regions and plateaus in other regions, we continue to revaluate the impact on businesses and update our report forecasts.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Increase in Wafer Size will be a Key Market Trend
There has been a constant increase in the wafer size over the last four decades. The major reason for the shift to wafers with a larger diameter is to reduce the manufacturing cost by 20%-25%. This increase in the silicon diameter is expected to continue in the forthcoming years which would help in the growth of the global Lithography Metrology Equipment Market.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Lithography Metrology Equipment Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist lithography metrology equipment market growth during the next five years
- Estimation of the lithography metrology equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the lithography metrology equipment market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of lithography metrology equipment market vendors
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Foundry – Market size and forecast 2019-2024
- Memory – Market size and forecast 2019-2024
- IDMs – Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Advantest Corp.
- Applied Materials Inc.
- ASML Holding NV
- Canon Inc.
- Carl Zeiss AG
- DuPont de Nemours Inc.
- Hitachi Ltd.
- HORIBA Ltd.
- KLA Corp.
- Nikon Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201105005467/en/