Product Code: GVR-4-68040-468-0
Photomask Market Size & Trends:
The global photomask market size was estimated at USD 5.11 billion in 2023 and is estimated to grow at a CAGR of 4.7% from 2024 to 2030. This growth is attributed to the rapid growth in industries like consumer electronics, automotive, and telecommunications which is driving the demand for semiconductors, hence fueling the market growth. Photomasks play a critical role in semiconductor fabrication, and this rising demand, especially for chips used in 5G, artificial intelligence (AI), and the Internet of Things (IoT), is driving product growth.
The development of advanced lithography techniques, such as Extreme Ultraviolet Lithography (EUV), is further boosting the photomask market. EUV is essential for manufacturing next-generation semiconductors with smaller nodes, which are used in advanced processors and memory chips. Additionally, increasing popularity of high-resolution displays, including OLED and LCD technologies for televisions, smartphones, and wearables, is driving demand for photomasks. The display sector requires precise photomasks for manufacturing cutting-edge screen technologies.
The manufacturing process of photomasks, especially for smaller technology nodes, is highly complex and requires stringent precision, which may negatively impact the market growth. Any defects in the masks can lead to costly errors in semiconductor production process, creating additional hurdles for manufacturers. Furthermore, one of the significant restraints in photomask market is the high cost of producing advanced photomasks, particularly those used in EUV lithography. The technology requires significant investment, which can limit market expansion, especially among smaller semiconductor manufacturers.
As the automotive industry moves toward electrification and autonomous driving, the demand for semiconductor components, such as sensors, cameras, and control units, is rising. The rise of electric vehicles (EVs), autonomous driving technologies, and advanced driver assistance systems (ADAS) have expanded the use of photomasks in the automotive sector. This presents an opportunity for photomask producers to expand their market share in the automotive sector over coming years.
Furthermore, photomask market is growing rapidly due to increasing demand for miniaturized and precise components across industries. Advancements in semiconductors, consumer electronics, automotive technologies, and telecommunications are driving the development and need for photomasks in optical devices, discrete components, displays, and MEMS. The ongoing innovations and expansion of these sectors are expected to continue pushing the photomask market forward.
Global Photomask Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global photomask market report on the basis of product, application, and region:
- Product Outlook (Revenue, USD Million, 2018 - 2030)
- Reticle
- Master
- Other Products
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Displays
- Discrete Components
- Optical Devices
- MEMS
- Other Applications
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Photomask Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Photomask Market - Value Chain Analysis
- 3.3. Photomask Market - Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
- 3.3.4. Market Challenge Analysis
- 3.4. Regulatory Framework
- 3.5. Photomask Market - Business Environment Analysis
- 3.5.1. PESTLE Analysis
- 3.5.2. Porter's Five Forces Analysis
- 3.6. Market Disruption Analysis
Chapter 4. Photomask Market: Product Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2023 & 2030
- 4.3. Photomask Market By Product, 2018 - 2030 (USD Million)
- 4.4. Reticle
- 4.4.1. Photomask Market Estimates & Forecasts, by Reticle, 2018 & 2030 (USD Million)
- 4.5. Master
- 4.5.1. Photomask Market Estimates & Forecasts, by Master, 2018 & 2030 (USD Million)
- 4.6. Other Products
- 4.6.1. Photomask Market Estimates & Forecasts, by Other Products, 2018 & 2030 (USD Million)
Chapter 5. Photomask Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2023 & 2030
- 5.3. Photomask Market By Application, 2018 - 2030 (USD Million)
- 5.4. Displays
- 5.4.1. Photomask Market Estimates & Forecasts, by Displays, 2018 & 2030 (USD Million)
- 5.5. Discrete Components
- 5.5.1. Photomask Market Estimates & Forecasts, by Discrete Components, 2018 & 2030 (USD Million)
- 5.6. Optical Devices
- 5.6.1. Photomask Market Estimates & Forecasts, by Optical Devices, 2018 & 2030 (USD Million)
- 5.7. MEMS
- 5.7.1. Photomask Market Estimates & Forecasts, by MEMS, 2018 & 2030 (USD Million)
- 5.8. Other Applications
- 5.8.1. Photomask Market Estimates & Forecasts, by Other Applications, 2018 & 2030 (USD Million)
Chapter 6. Photomask Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2023 & 2030
- 6.3. Market Estimates & Forecasts by Region, 2018 - 2030 (USD Million)
- 6.4. North America
- 6.4.1. North America Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.2. North America Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.4.3. North America Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.4.4. U.S.
- 6.4.4.1. U.S. Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.4.2. U.S. Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.4.4.3. U.S. Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.4.5. Canada
- 6.4.5.1. Canada Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.5.2. Canada Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.4.5.3. Canada Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.4.6. Mexico
- 6.4.6.1. Mexico Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.6.2. Mexico Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.4.6.3. Mexico Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.5. Europe
- 6.5.1. Europe Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.2. Europe Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.5.3. Europe Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.5.4. Germany
- 6.5.4.1. Germany Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.4.2. Germany Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.5.4.3. Germany Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.5.5. UK
- 6.5.5.1. UK Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.5.2. UK Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.5.5.3. UK Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.5.6. France
- 6.5.6.1. France Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.6.2. France Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.5.6.3. France Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.5.7. Spain
- 6.5.7.1. Spain Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.7.2. Spain Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.5.7.3. Spain Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.5.8. Italy
- 6.5.8.1. Italy Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.8.2. Italy Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.5.8.3. Italy Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.2. Asia Pacific Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.6.3. Asia Pacific Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.6.4. China
- 6.6.4.1. China Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.4.2. China Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.6.4.3. China Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.6.5. India
- 6.6.5.1. India Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.5.2. India Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.6.5.3. India Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.6.6. Japan
- 6.6.6.1. Japan Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.6.2. Japan Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.6.6.3. Japan Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.6.7. South Korea
- 6.6.7.1. South Korea Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.7.2. South Korea Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.6.7.3. South Korea Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.7. Central & South America
- 6.7.1. Central & South America Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.2. Central & South America Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.7.3. Central & South America Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.7.4. Brazil
- 6.7.4.1. Brazil Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.4.2. Brazil Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.7.4.3. Brazil Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.7.5. Argentina
- 6.7.5.1. Argentina Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.5.2. Argentina Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.7.5.3. Argentina Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
- 6.8. Middle East & Africa
- 6.8.1. Middle East & Africa Photomask Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.8.2. Middle East & Africa Photomask Market Estimates & Forecasts, by Product, 2018 & 2030 (USD Million)
- 6.8.3. Middle East & Africa Photomask Market Estimates & Forecasts, by Application, 2018 & 2030 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
- 7.6. List of Raw Material Suppliers
Chapter 8. Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Heat Map Analysis
- 8.5. Company Listings
- 8.5.1. Advance Reproductions Corp.
- 8.5.1.1. Company Overview
- 8.5.1.2. Financial Performance
- 8.5.1.3. Product Benchmarking
- 8.5.1.4. Strategic Initiatives
- 8.5.2. Applied Materials Inc.
- 8.5.2.1. Company Overview
- 8.5.2.2. Financial Performance
- 8.5.2.3. Product Benchmarking
- 8.5.2.4. Strategic Initiatives
- 8.5.3. HOYA Corporation
- 8.5.3.1. Company Overview
- 8.5.3.2. Financial Performance
- 8.5.3.3. Product Benchmarking
- 8.5.3.4. Strategic Initiatives
- 8.5.4. Infinite Graphics Incorporated
- 8.5.4.1. Company Overview
- 8.5.4.2. Financial Performance
- 8.5.4.3. Product Benchmarking
- 8.5.4.4. Strategic Initiatives
- 8.5.5. KLA Corporation
- 8.5.5.1. Company Overview
- 8.5.5.2. Financial Performance
- 8.5.5.3. Product Benchmarking
- 8.5.5.4. Strategic Initiatives
- 8.5.6. LG Innotek Co. Ltd
- 8.5.6.1. Company Overview
- 8.5.6.2. Financial Performance
- 8.5.6.3. Product Benchmarking
- 8.5.6.4. Strategic Initiatives
- 8.5.7. Toppan Photomasks, Inc.
- 8.5.7.1. Company Overview
- 8.5.7.2. Financial Performance
- 8.5.7.3. Product Benchmarking
- 8.5.7.4. Strategic Initiatives
- 8.5.8. Nippon Filcon Co. Ltd.
- 8.5.8.1. Company Overview
- 8.5.8.2. Financial Performance
- 8.5.8.3. Product Benchmarking
- 8.5.8.4. Strategic Initiatives
- 8.5.9. Photronics Inc.
- 8.5.9.1. Company Overview
- 8.5.9.2. Financial Performance
- 8.5.9.3. Product Benchmarking
- 8.5.9.4. Strategic Initiatives
- 8.5.10. SK-Electronics Co. Ltd.
- 8.5.10.1. Company Overview
- 8.5.10.2. Financial Performance
- 8.5.10.3. Product Benchmarking
- 8.5.10.4. Strategic Initiatives