This report focuses on TFT-LCD Photomask volume and value at global level, regional level and company level. From a global perspective, this report represents overall TFT-LCD Photomask market size by analyzing historical data and future prospect.

Los Angeles, CA -- (SBWire) -- 07/17/2019 --Photomask consists of a fused silica (QZ) or, glass (SL) substrate coated with an opaque film, in to which an accurate replication of the device designer's pattern is etched. Photomask has a similar function as a film used in photography. Just like the identical pictures are printed from the film, photomask can reproduce thousands of circuits and patterns. The photolithography technique is employed in the photomask manufacturing process to create chrome pattern on a quartz substrate. The finished photomask is then used as photographic plates for LSI, LCD, PCB, etc.

The global TFT-LCD Photomask market is valued at 980 million US$ in 2018 is expected to reach 1,150 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025.

The industry is concentration, the key brand include CSL Hoya Corporation, Dai Nippon Printing Co., Ltd, SK-Electronics, Toppan Photomasks, Inc

Photronics (PKL), LG Innotek, Shenzhen Qingyi Photomask, Shenzhen Newway Photomask, Taiwan Mask Corporation and so on. Among them, Hoya Corporation are the leaders.

Owing to the increasing popularization of flat-panel TVs, the LCD panel market has grown substantially during the past ten years. As part of this trend, photomasks have also become larger year by year in response to the development of TVs with larger screens.

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At present, in developed countries, the Photomask industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in Japan and Taiwan. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies' manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese LCD panel line, their share in the international market is increasing, and competitiveness in the international market gradually increases.

Panel manufacturers in South Korea and other regions are planning to continue to shut down old LCD panel production lines. While an overall shift to OLED production lines is expected, manufacturers in China are planning to investment in LCD panel lines. BOE Technology Group, China's largest LCD panel manufacturer, announced plans to build the world's largest Gen-10.5 LCD panel fabrication plant that will use glass substrates. In addition, China Star Optoelectronics Technology (CSOT) revealed plans to construct a Gen-11 TFT-LCD panel fabrication plant. LCD panel production capacity in China is forecast to surpass that of South Korea and Taiwan combined.

China's Photomask industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption region of Photomask, but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import. Our research team believe that the development of Photomask for LCD depend on the growth in China.

The Global TFT-LCD Photomask Market Research Report 2019 released by QYResearch provides a basic overview of the TFT-LCD Photomask industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the TFT-LCD Photomask industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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