Semiconductor wafers lead global lithography tool market
ASML Holding N.V., Canon Inc., Nikon Corp., and NuFlare Technology Inc. are the key vendors analysed in the report, "Global Lithography Systems Market 2014-2018"
According to Sandlerresearch.org, the short replacement cycle of portable electronic devices is another major trend witnessed in the Global Lithography Systems market .
In the current scenario, portable electronic devices such as smartphones and tablets are becoming obsolete within a short span of time. The main reason for this is the quick succession of next-version models, which results in consumers replacing older versions of their devices with newer ones.
Currently, the duration of the replacement cycle period is eight to twelve months; earlier, the replacement period used to be much longer. Therefore, this reduction in the product replacement cycle is fostering the demand for semiconductor wafers for their use in newly launched devices.
Analysts forecast the Global Lithography Systems market to grow at a CAGR of 3.06 percent over the period 2013 to 2018.
According to the report, there are several drivers in the Global Lithography Systems market, the most important of which is the rising demand for smartphones and tablets. The main reason for the growing demand for these devices is their increasing adoption in emerging markets. This rising demand has subsequently created more demand for semiconductor wafers, driving the growth of the Global Lithography Systems market.
What's more, the report states that one of the key challenges in the market is the cyclical nature of the Semiconductor industry. As a result of this, many lithography systems manufacturers often experience fluctuating revenues, which in turn adversely affects their profitability.
The report recognises the following companies as the key players in Global Lithography Systems Market: ASML Holding NV, Canon Inc., Nikon Corp., and NuFlare Technology Inc.
Other vendors mentioned in the report are GlobalFoundries Inc., Intel Corp., JEOL Ltd., SUSS Microtec AG, Samsung Semiconductor Inc., Semiconductor Manufacturing International Corp., Taiwan Semiconductor Manufacturing Co. Ltd., United Microelectronics Corp., Ultratech Inc., and Vistec Semiconductor Systems.
