Lithography Equipment Market Anticipated To Garner A Revenue Exceeding US$ 600 Million By The End Of This Period
The global lithography equipment market is characterized by a consolidated landscape with few prominent vendors holding a major chunk of the market, finds Transparency Market Research (TMR). As the cost of acquiring new lithographic equipment is markedly high, there are not too many suppliers in the market. A number of top players are focused on introducing cutting-edge technologies and bringing advancements that tend to increase the cost-efficiency of the entire equipment and of the various functionalities therein, notes TMR. Their efforts directly correlates with improving the profitability of manufacturers in the integrated circuits (ICs) and semiconductors industry. Introducing cost-efficient enhancements in production technology has helped these manufacturers develop advanced ICs with reduced cost per function. Some of the players operating in the market include Ultratech, SUSS, Canon, Nikon, EV Group, ASML Holding, USHIO America, Inc., Orbotech, and Screen Semi...