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Technavio’s market research analyst predicts the global nanolithography equipment market to grow at a CAGR of around 1% during the forecast period. The demand for compact electronic devices has grown in sectors like communication device, automotive, industrial manufacturing, and healthcare equipment. This trend has compelled the semiconductor IC manufacturers to invest in R&D to reduce the size and increase the performance of ICs, which in turn has led to the emergence new nanolithography equipment.
The strong demand for miniaturized electronic devices is another major factor that will drive market growth during the forecast period. One of the major transformations in the global semiconductor industry is the advent of miniaturized semiconductor components like ICs. Recently, it has been observed that manufacturers are focusing on the size reduction of their devices without compromising on performance. Consequently, IC chips installed in the system need to be small in size, while delivering better performance and consuming lesser power. Nanolithography systems play an important role in such systems as they help to transfer the IC design from a photomask to a silicon wafer. Due to miniaturization of electronic devices, the use of optimized and miniaturized electronic circuits made of semiconductor materials has increased.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Market landscape
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: Explore Technavio
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