The global photolithography equipment market size is expected to reach USD 22.90 Billion at a steady CAGR of 8.9% in 2028, according to latest analysis by Emergen Research. A key factor attributed to rapid market revenue growth includes rapid growth of the global semiconductor industry. Photolithography equipment is used to make geometric patterns to a semiconductor substrate/film. These patterns on a semiconductor substrate help in providing a path for electrical conductivity and in turn development of semiconductor devices. The primary benefit of photolithography is in the offering of parallel process technique, which is essential for mass production. Additionally, photolithography is capable of controlling the precise shape and size of whole semiconductor substrate, along with transferring of pattern created through CAD (computer-aided design) software. https://www.emergenresearch.com/industry-report/photolithography-equipment-market