Resist Processing Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Resist Processing Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Resist Processing Equipment Market

The resist processing equipment market size was valued at USD 2.16 billion in 2023, and the market is now projected to grow from USD 2.22 billion in 2024 to USD 3.32 billion by 2032, exhibiting a CAGR of 5.3% during the forecast period of 2024-2032.

The electronics industry primarily keeps a balance of global supply chain management for insignificant substances, parts, and machines. The carry out of Covid-19 pandemic distracted the supply chain which had the effect of beginning the production and delivery of resist processing equipment. The demand in the sector dropped as a result of semiconductor manufacturers halted their operations also caused a negative effect on the resist processing equipment market growth.

The growing need for modern electronic products like smartphones, tablets, computer peripherals, Internet of Things devices, and high-performance computing systems requires manufacturing processes on semiconductors, and consequently, the product. The expanding fusion of the Internet of Things (IoT) and Artificial Intelligence (AI) into home luxury products and wearable devices and the widening emergence of connected intelligent home facilities are scattering all over the world the further levels of worldwide industry growth. Besides, growing huge silicon installations in the U.S., and China, as well as others in 5G internal parts, telecommunications, and automotive fields will pave the way in this sector toward a high resist processing equipment market share.

Top producers existing on the market produce systems with cutting-edge technologies integrating 3D and Industry 4.0, quantum computing, 5G technology, and AI-based systems in the resist processing equipment.

Comprehensive Analysis of Resist Processing Equipment Market

The share of the market for resist processing equipment is increasing following the broad range of goods available. Furthermore, the unstoppable improvement in machines and equipment is additional. Now, the rise in this market is the reason why we can consciously increase the range of the technologies with different dimensions that treat the present situation in the supply and demand side of the equipment industry and also the new products industry. The market has been classified on the lines of the way of operation, equipment type, application, and the end user. Depending on its type markets are divided into manual and automatic ones. The classifications of equipment cover tools such as photoresist coating equipment, photoresist developer/printer, photoresist steppers, and also cleaning equipment. The market application-wise is segregated into MEMS, the Printed Circuit Board, and others. Major end users of the market are the semiconductor and microelectronic industry, photonics, nanotechnology, and lithography.

The Asia Pacific, in 2023, reigned supreme among the regions about the resist processing equipment in terms of USD value scoring 1. 32 billion in the year of estimates and however, it would remain the leading airline by the end of the asseverated period. There is a specific reason for this. It is a strong supply chain covering integrated circuits, semiconductor chips, logic circuits, and other discrete devices in countries such as China, Taiwan, South Korea, and others. In turn, the insatiable demand for semiconductor devices in sectors of the industry, including consumer electronics, electric vehicles, and advanced medical devices, leads later also to the demand for such specially-fabricated equipment, which consequently drives up the market share of resist processing equipment in the Asia Pacific region.

ASML Holding N.V. (Netherlands), Fujifilm Holdings Corporation (Japan), JEOL Ltd (Japan), EV Group (Austria), Lam Research Corporation (U.S.), Nikon Corporation (Japan), Obducat AB (Publ) (Sweden), Screen Semiconductor Solutions Co Ltd (Japan), SUSS Micro-Tec SE (Germany), and Tokyo Electron Limited (Japan) are some major players in this industry. These groups of companies who are leaders within the discipline offer a stage playing field for all their competitors as they guarantee increase and set requirements for the arena.

In December 2023, Tokyo Electron released a new Ulucus G thinning system for manufacturing the robust and thin 300mm silicon carbide wafer. It is applied in the production of coatings and prints. Therefore, these machines are widely utilized for the crafting of excellent semicon specifications modems that in the process reduce the labor needed in mass production capacity.

Segmentation Table

Global Resist Processing Equipment Market Scope

Study Period 2019-2032

Base Year 2023

Estimated Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.3% from 2024 to 2032

Unit Value (USD Billion)

By Mode of Operation

Manual

Automatic

By Equipment Type Photoresist Coating Equipment

Photoresist Developer/Printer

Photoresist Steppers

Others (Cleaning Equipment)

By Application

Micro Electromechanical System

Printed Circuit Board

Others (Silicon Wafers)

By End User

Semiconductor and Microelectronics

Photonics

Nanotechnology

Others (Lithography)

By Region North America (By Application)

-

 The U.S. (By Application)

 Canada (By Application)

Europe (By Application)

-

 Germany (By Application)

 UK (By Application)

 France (By Application)

 Italy (By Application)

 Spain (By Application)

 Russia & CIS (By Application)

 Rest of Europe (By Application)

Asia Pacific (By Application)

-

 China (By Application)

 Japan (By Application)

 India (By Application)

 ASEAN (By Application)

 Rest of Asia Pacific (By Application)

Latin America (By Application)

-

 Brazil (By Application)

 Mexico (By Application)

 Rest of Latin America

Middle East & Africa (By Application)

-

 GCC (By Application)

 South Africa (By Application)

Rest of the Middle East & Africa (By Application) North America (By Mode of Operation, By Equipment Type, By Application, By End User, and By Country)

- U.S. (By Equipment Type)

- Canada (By Equipment Type)

- Mexico (By Equipment Type)

Europe (By Mode of Operation, By Equipment Type, By Application, By End User, and By Country)

- Germany (By Equipment Type)

- U.K. (By Equipment Type)

- France (By Equipment Type)

- Italy (By Equipment Type)

- Spain(By Equipment Type)

- Nordics (By Equipment Type)

- Benelux (By Equipment Type)

- Rest of Europe

Asia Pacific (By Mode of Operation, By Equipment Type, By Application, By End User, and By Country)

- China (By Equipment Type)

- Japan (By Equipment Type)

- India (By Equipment Type)

- South Korea (By Equipment Type)

- Southeast Asia (By Equipment Type)

- Rest of the Asia Pacific

Middle East & Africa (By Mode of Operation, By Equipment Type, By Application, By End User, and By Country)

- GCC (By Equipment Type)

- South Africa (By Equipment Type)

- Rest of the Middle East & Africa

South America (By Mode of Operation, By Equipment Type, By Application, By End User, and By Country)

- Brazil (By Equipment Type)

- Argentina (By Equipment Type)

 Rest of South America


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