Photolithography Equipment Market Outlook 2026 By Size, Share, Trends, Competition Forecast
According To TechSci Research, Global photolithography equipment market is expected to reach USD28,973.50 million by 2026, growing at a CAGR of 10.75% owing to the rapid technological advancements and increasing demand from the semiconductor industry. The increasing adoption of digital transformation across sectors, rising demand for smart appliances, burgeoning advancements in automotive and innovations across the semiconductor industry is providing impetus to photolithography equipment growth across the globe. With the onset of advances in semiconductor manufacturing technologies, the companies are focusing on increasing precision and production capacity while decreasing overall manufacturing and overhead costs for semiconductor manufacturers. One such innovation is led by ASML, a Netherlands based photolithography equipment manufacturer which launched EUV photolithography equipment and revolutionized the way chips are manufactured. It has an ability to manufacture the chips at...