Global Photomask Market is valued at approximately USD 4.4 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 2.5% over the forecast period 2023-2030. Photomasks are image-transfer tools used in microlithography and integrated circuits. They consist of solid, transparent substrates with an opaque surface covering. As transistors become smaller and more advanced, photomasks are increasingly vital for accurately transferring patterns to silicon wafers. The Photomask Market is expanding because of factors such as rising demand for consumer electronics and an increase in demand for semiconductors.
The consumer electronics market is experiencing significant growth due to the critical role of semiconductors in modern electronics manufacturing. The rising demand for consumer devices such as smartphones, notebooks, and wearables further drive this market expansion. According to Statista in 2023, the global revenue in the consumer electronics market is expected toincrease by USD 125.5 billion from 2023 to 2028, reaching an estimated revenue of USD 1.2 trillion in 2028. The semiconductor industry has experienced remarkable growth over the past few years, due to the emergence of technologies such as IoT, cloud computing, data analytics, and AI. According to Statista, global semiconductor sales reached USD 580.13 billion in 2022. The industry recorded a year-on-year growth rate of 4.4 % in the same year. In addition, technological advancements in photomask manufacturing and the rising demand for advanced panel displays would create lucrative growth opportunities. However, the high cost associated with photomask manufacturing and the complexity of photomask fabrication stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Photomask Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market over the forecast period owing to the high concentration of semiconductor and electronics industries. The region's market growth is driven by the increased demand for advanced photomasks used in applications such as ICs, flat panel displays, and MEMS devices. Asia Pacific is the fastest growing region over the forecast period, owing to factors such as increasing demand and consumption of photomasks in the semiconductor industry and the growing adoption of advanced technologies such as 5G, artificial intelligence, and IoT contributes to the expansion of the Photomask Market in this region.
Major market player included in this report are:
- Applied Materials, Inc.
- SK-Electronics Co., Ltd.
- Photronics, Inc.
- Toppan Chunghwa Electronics Corporation
- Infinite Graphics Incorporated
- NIPPON FILCON CO., LTD.
- HOYA Corporation
- Lasertec Corporation
- Taiwan Photomask Co., Ltd.
- Shenzhen Qingyi Photomask Limited
Recent Developments in the Market:
- In September 2022, The goal of the partnership between EV Group (EVG) and Toppan Photomask Co. Ltd. Ltd. is to advance nanoimprint lithography as a high-volume manufacturing technology for the photonics industry. Through this partnership, we hope to make NIL the industry standard for photonics manufacturing and hasten its adoption in HVM for a range of uses, such as medical imaging systems, smartphone and car sensors, and augmented/mixed/virtual reality headsets.
Global Photomask Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Product, Mask Shop Type, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
- Reticle
- Master Mask
- Others
By Mask Shop Type:
- Captive Mask
- Merchant Mask
By Application:
- Optical Devices
- Discrete Components
- Displays
- MEMS
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Photomask Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Photomask Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Photomask Market, by Mask Shop Type, 2020-2030 (USD Billion)
- 1.2.4. Photomask Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Photomask Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Photomask Market Dynamics
- 3.1. Photomask Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for consumer electronics
- 3.1.1.2. Increase in demand for the semiconductors
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated with photomask manufacturing
- 3.1.2.2. Complexity in photomask fabrication
- 3.1.3. Market Opportunities
- 3.1.3.1. Technological advancements in photomask manufacturing
- 3.1.3.2. Rising demand for advanced panel displays
Chapter 4. Global Photomask Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Photomask Market, by Product
- 5.1. Market Snapshot
- 5.2. Global Photomask Market by Product, Performance - Potential Analysis
- 5.3. Global Photomask Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
- 5.4. Photomask Market, Sub Segment Analysis
- 5.4.1. Reticle
- 5.4.2. Master Mask
- 5.4.3. Others
Chapter 6. Global Photomask Market, by Mask Shop Type
- 6.1. Market Snapshot
- 6.2. Global Photomask Market by Mask Shop Type, Performance - Potential Analysis
- 6.3. Global Photomask Market Estimates & Forecasts by Mask Shop Type 2020-2030 (USD Billion)
- 6.4. Photomask Market, Sub Segment Analysis
- 6.4.1. Captive Mask
- 6.4.2. Merchant Mask
Chapter 7. Global Photomask Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Photomask Market by Application , Performance - Potential Analysis
- 7.3. Global Photomask Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. Photomask Market, Sub Segment Analysis
- 7.4.1. Optical Devices
- 7.4.2. Discrete Components
- 7.4.3. Displays
- 7.4.4. MEMS
- 7.4.5. Others
Chapter 8. Global Photomask Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Photomask Market, Regional Market Snapshot
- 8.4. North America Photomask Market
- 8.4.1. U.S. Photomask Market
- 8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Mask Shop Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Photomask Market
- 8.5. Europe Photomask Market Snapshot
- 8.5.1. U.K. Photomask Market
- 8.5.2. Germany Photomask Market
- 8.5.3. France Photomask Market
- 8.5.4. Spain Photomask Market
- 8.5.5. Italy Photomask Market
- 8.5.6. Rest of Europe Photomask Market
- 8.6. Asia-Pacific Photomask Market Snapshot
- 8.6.1. China Photomask Market
- 8.6.2. India Photomask Market
- 8.6.3. Japan Photomask Market
- 8.6.4. Australia Photomask Market
- 8.6.5. South Korea Photomask Market
- 8.6.6. Rest of Asia Pacific Photomask Market
- 8.7. Latin America Photomask Market Snapshot
- 8.7.1. Brazil Photomask Market
- 8.7.2. Mexico Photomask Market
- 8.8. Middle East & Africa Photomask Market
- 8.8.1. Saudi Arabia Photomask Market
- 8.8.2. South Africa Photomask Market
- 8.8.3. Rest of Middle East & Africa Photomask Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Applied Materials, Inc.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. SK-Electronics Co., Ltd.
- 9.3.3. Photronics, Inc.
- 9.3.4. Toppan Chunghwa Electronics Corporation
- 9.3.5. Infinite Graphics Incorporated
- 9.3.6. NIPPON FILCON CO., LTD.
- 9.3.7. HOYA Corporation
- 9.3.8. Lasertec Corporation
- 9.3.9. Taiwan Photomask Co., Ltd.
- 9.3.10. Shenzhen Qingyi Photomask Limited
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption