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According to the latest research, the global Photomask market size was valued at USD 4306.45 million in 2022 and is expected to expand at a CAGR of 6.41% during the forecast period, reaching USD 6250.67 million by 2028.
The photomask industry is a capital-intensive industry, with high industry barriers. In addition, the vigorous development of the downstream industry has increased the demand for photomasks, and some customer companies may expand their business along the industrial chain, in other word, enter the photomask industry, to serve their core business, and resulting in increased competition in the industry. In this context, if the company lacks an experienced technical team and a strong financial background, it will be difficult to gain a foothold in the global market; for a single market in certain regions, the relatively low price of high-quality products may provide opportunities for new entrants.
Influence of COVID-19 Outbreak on Photomask Industry Development
The spread of the COVID-19 has brought uncertainty to the global economy. Strictly implemented control policies will affect all major links and all entities in the industry chain. First of all, the downstream industry of the photomask may face a decline in demand and a slowdown in development. Second, the company's management efficiency has declined, commuting has been severely hindered, sales orders have been delayed, network expansion has been delayed, marketing has been delayed, brands have been forced to adjust, market sales have declined, and company and employee income have been damaged. Finally, the production of photomasks relies on the global industrial chain. The epidemic will result in insufficient supply of raw materials or failure to purchase in time, equipment cannot be installed in time, and project construction progress will be affected. This will affect the company's normal production plan.
In the short term, this epidemic will have a huge negative impact on the supply side. So far, although many countries have begun to resume production and production, but the clear turning point has not yet arrived. The OECD predicts that if the epidemic occurs a second wave before the end of the year, the global economy will decline by 7.6%. The final impact on the photomask industry will depend on the situation and duration of global epidemic prevention and control and the implementation of various prevention and control measures by governments around the world.
Strength
Increasing downstream demand:
Due to the growth of the middle-class population, consumption of consumer electronic devices is increasing. Consumer electronics requires semiconductors and ICs for processing, and photomasks are an important part of semiconductors manufacturing. Therefore, the increase in demand for consumer electronics has indirectly increased the demand for photomasks. Secondly, with the advent of the 5G era, the phenomenon of the Internet of Everything and the explosive growth of data have emerged. The rapid development of emerging industries represented by the Internet of Things, artificial intelligence, cloud computing, smart cars, smart homes, and wearable devices has generated a large number of chip product demands. It is expected to become a new driving force for the development of the semiconductor industry, bring new development opportunities for semiconductor companies, and indirectly promote the development of the photomask industry.
Relative high barrier of entry：
The industry is a capital-intensive industry. The high product cost and the complexity of the manufacturing process form a relatively high industry threshold. High industry barriers will eliminate outdated enterprises and hinder the entry of unqualified enterprises. This will help good companies develop and consolidate their stable market position, thereby promoting industry development.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Toppan, DNP, Photronics, Hoya Corporation and LG Innotek are the five key players in the global Photomask market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Photomask market in the past 5 years.
DNP, established in 1876, is a Japanese printing company. The company develops printing business in three areas; information and communication, lifestyle and industrial supplies, and electronic products.
It involves a variety of printing processes, from magazines to shadow masks used to produce displays, as well as output coupling enhancement structures for LCD displays and scattering for display backlights. The company has more than 35,000 employees.
Photronics, Inc. manufactures photomasks, which are high-precision quartz plates containing microscopic images of electronic circuits. The company's products are used to transfer circuit patterns to semiconductor wafers during integrated circuit manufacturing. Photronics has manufacturing facilities in Asia, Europe and North America.
Segmentation Overview:
Among different product types, Quartz Mask segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Semiconductor segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Photomask industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Photomask. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Photomask Market Report Include:
Market Size Estimates: Photomask market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Photomask market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Photomask market
Segment Market Analysis: Photomask market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Photomask market situations and prospects in major and top regions and countries
Photomask Market
Photomask Industry Chain: Photomask market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Photomask Industry News, Policies by regions
Photomask Industry Porters Five Forces Analysis
Key players in the global Photomask market are covered in Chapter 2:
Toppan
Nippon Filcon
Photronics
Compugraphics
Hoya Corporation
SK-Electronics
Taiwan Mask Corporation
LG Innotek
DNP
Shenzhen Newway Photomask Making Co., Ltd
Shenzhen Qingyi Photomask Ltd
In Chapter 6 and Chapter 9, on the basis of types, the Photomask market from 2018 to 2028 is primarily split into:
Quartz Mask
Soda Mask
Toppan
Film
In Chapter 7 and Chapter 10, on the basis of applications, the Photomask market from 2018 to 2028 covers:
Semiconductor
Flat Panel Display
Touch Industry
Circuit Board
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Photomask market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Photomask industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Photomask market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Photomask industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Photomask market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Photomask market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Photomask market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
The photomask industry is a capital-intensive industry, with high industry barriers. In addition, the vigorous development of the downstream industry has increased the demand for photomasks, and some customer companies may expand their business along the industrial chain, in other word, enter the photomask industry, to serve their core business, and resulting in increased competition in the industry. In this context, if the company lacks an experienced technical team and a strong financial background, it will be difficult to gain a foothold in the global market; for a single market in certain regions, the relatively low price of high-quality products may provide opportunities for new entrants.
Influence of COVID-19 Outbreak on Photomask Industry Development
The spread of the COVID-19 has brought uncertainty to the global economy. Strictly implemented control policies will affect all major links and all entities in the industry chain. First of all, the downstream industry of the photomask may face a decline in demand and a slowdown in development. Second, the company's management efficiency has declined, commuting has been severely hindered, sales orders have been delayed, network expansion has been delayed, marketing has been delayed, brands have been forced to adjust, market sales have declined, and company and employee income have been damaged. Finally, the production of photomasks relies on the global industrial chain. The epidemic will result in insufficient supply of raw materials or failure to purchase in time, equipment cannot be installed in time, and project construction progress will be affected. This will affect the company's normal production plan.
In the short term, this epidemic will have a huge negative impact on the supply side. So far, although many countries have begun to resume production and production, but the clear turning point has not yet arrived. The OECD predicts that if the epidemic occurs a second wave before the end of the year, the global economy will decline by 7.6%. The final impact on the photomask industry will depend on the situation and duration of global epidemic prevention and control and the implementation of various prevention and control measures by governments around the world.
Strength
Increasing downstream demand:
Due to the growth of the middle-class population, consumption of consumer electronic devices is increasing. Consumer electronics requires semiconductors and ICs for processing, and photomasks are an important part of semiconductors manufacturing. Therefore, the increase in demand for consumer electronics has indirectly increased the demand for photomasks. Secondly, with the advent of the 5G era, the phenomenon of the Internet of Everything and the explosive growth of data have emerged. The rapid development of emerging industries represented by the Internet of Things, artificial intelligence, cloud computing, smart cars, smart homes, and wearable devices has generated a large number of chip product demands. It is expected to become a new driving force for the development of the semiconductor industry, bring new development opportunities for semiconductor companies, and indirectly promote the development of the photomask industry.
Relative high barrier of entry：
The industry is a capital-intensive industry. The high product cost and the complexity of the manufacturing process form a relatively high industry threshold. High industry barriers will eliminate outdated enterprises and hinder the entry of unqualified enterprises. This will help good companies develop and consolidate their stable market position, thereby promoting industry development.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Toppan, DNP, Photronics, Hoya Corporation and LG Innotek are the five key players in the global Photomask market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Photomask market in the past 5 years.
DNP, established in 1876, is a Japanese printing company. The company develops printing business in three areas; information and communication, lifestyle and industrial supplies, and electronic products.
It involves a variety of printing processes, from magazines to shadow masks used to produce displays, as well as output coupling enhancement structures for LCD displays and scattering for display backlights. The company has more than 35,000 employees.
Photronics, Inc. manufactures photomasks, which are high-precision quartz plates containing microscopic images of electronic circuits. The company's products are used to transfer circuit patterns to semiconductor wafers during integrated circuit manufacturing. Photronics has manufacturing facilities in Asia, Europe and North America.
Segmentation Overview:
Among different product types, Quartz Mask segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Semiconductor segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Photomask industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Photomask. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Photomask Market Report Include:
Market Size Estimates: Photomask market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Photomask market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Photomask market
Segment Market Analysis: Photomask market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Photomask market situations and prospects in major and top regions and countries
Photomask Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Photomask Industry Chain: Photomask market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Photomask Industry News, Policies by regions
Photomask Industry Porters Five Forces Analysis
Key players in the global Photomask market are covered in Chapter 2:
Toppan
Nippon Filcon
Photronics
Compugraphics
Hoya Corporation
SK-Electronics
Taiwan Mask Corporation
LG Innotek
DNP
Shenzhen Newway Photomask Making Co., Ltd
Shenzhen Qingyi Photomask Ltd
In Chapter 6 and Chapter 9, on the basis of types, the Photomask market from 2018 to 2028 is primarily split into:
Quartz Mask
Soda Mask
Toppan
Film
In Chapter 7 and Chapter 10, on the basis of applications, the Photomask market from 2018 to 2028 covers:
Semiconductor
Flat Panel Display
Touch Industry
Circuit Board
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Photomask market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Photomask industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Photomask market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Photomask industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Photomask market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Photomask market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Photomask market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
