According to a new market report by Lucintel, the future of the global semiconductor photomask market looks promising with opportunities in the semiconductor, discrete, optoelectronics, display device, and MEMS applications. The global semiconductor photomask market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 4% from 2020 to 2025. The major growth drivers for this market are the growing adoption of consumer electronic products, usage of automated systems across various industry verticals, and the growing demand for semiconductors.
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In this market, reticle, master mask, and copy mask are three product types used.
Within this market, semiconductor & IC is expected to witness the highest growth over the forecast period due to growth of the consumer electronics market.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the growth of the semiconductor industry.
Nippon Filcon Co Ltd., Taiwan Mask Corporation, Hoya Group, Photonics Inc., Toppan photomasks, Dai Nippon Printing Co. Ltd. are among the major manufacturers of global the semiconductor photomask market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor photomask market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Photomask Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor photomask market by product type, application, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Reticle
Master Mask
Copy Mask
By Application [$M shipment analysis for 2014 – 2025]:
Semiconductor & IC
Discrete
Optoelectronics
Display Device
MEMS
Others
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.