The global photoresist and photoresist ancillaries market to grow at a CAGR of 5.98% during the period 2017-2021.
The report, Global Photoresist and Photoresist Ancillaries Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increasing use of NEMS technology. NEMS are devices that integrate electrical and mechanical systems at a nanoscale. NEMS are the logical next generation of devices after MEMS. NEMS have a large number of features, such as low power consumption and low production costs, because of their relatively small size. Although NEMS have a small size, usually less than 100nm in diameter, these devices have a large surface area, which makes them useful for devices such as ultrasensitive sensors and high-frequency resonators.
NEMS can also be used in a number of devices such as portable power generators, sensors, energy harvesters, drug delivery systems, and displays. Although NEMS are still in the research phase and have only been manufactured in low volumes, these components will change the technological landscape once they are designed and manufactured in large volumes.
According to the report, one of the major drivers for this market is microfabrication requirements. One of the biggest drivers in the market is the focus on the production of miniaturized components. There has been significant growth in the production of miniaturized components that are used in a number of consumer electronic devices. The nano-sized components that are being designed will allow more semiconductor components to be placed on a single chip. More functionalities are added, and the bulkiness of the entire IC is reduced. Miniaturization can be seen on various devices, from cell phones and computers to car engines and even phone adapters.