Reticle Manufacturing Machine Market

The global market for reticle manufacturing machines is facing a decline in demand, with a projected CAGR of -0.8% in volume and +1.6% in value from 2022 to 2030. In 2022, consumption and production saw an increase, but overall trends indicate a flat pattern. The United States leads in both consumption and production, surpassing China and other major players in the market. Imports and exports also show growth, with China being the top exporter of these machines. Despite fluctuations in prices, the market is expected to continue to evolve in the coming years.

Market Forecast

Depressed by shrinking demand for reticle manufacturing machine worldwide, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -0.8% for the period from 2022 to 2030, which is projected to depress the market volume to 825K units by the end of 2030.

In value terms, the market is forecast to contract with an anticipated CAGR of +1.6% for the period from 2022 to 2030, which is projected to bring the market value to $14.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Machines For The Manufacture Of Masks And Reticles, Semiconductor Devices Or Electronic Integrated Circuits

In 2022, the amount of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits consumed worldwide skyrocketed to 878K units, picking up by 24% on the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Global consumption peaked at 923K units in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global reticle manufacturing machine market size reached $12.5B in 2022, picking up by 5.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a noticeable setback. Global consumption peaked at $18.8B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The United States (419K units) constituted the country with the largest volume of reticle manufacturing machine consumption, comprising approx. 48% of total volume. Moreover, reticle manufacturing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, China (138K units), threefold. Thailand (114K units) ranked third in terms of total consumption with a 13% share.

From 2012 to 2022, the average annual growth rate of volume in the United States totaled +20.9%. In the other countries, the average annual rates were as follows: China (-2.1% per year) and Thailand (-15.1% per year).

In value terms, China ($3.5B), Thailand ($2.1B) and the United States ($1.2B) appeared to be the countries with the highest levels of market value in 2022, with a combined 55% share of the global market.

Among the main consuming countries, the United States, with a CAGR of +13.6%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced mixed trends in the market figures.

The countries with the highest levels of reticle manufacturing machine per capita consumption in 2022 were Thailand (1.6 units per 1000 persons), Malaysia (1.6 units per 1000 persons) and the United States (1.3 units per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +20.1%), while consumption for the other global leaders experienced mixed trends in the per capita consumption figures.

Production

World Production of Machines For The Manufacture Of Masks And Reticles, Semiconductor Devices Or Electronic Integrated Circuits

Global reticle manufacturing machine production expanded remarkably to 614K units in 2022, with an increase of 11% against the previous year. Over the period under review, production, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2015 with an increase of 46% against the previous year. Over the period under review, global production hit record highs at 934K units in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In value terms, reticle manufacturing machine production rose to $14.6B in 2022 estimated in export price. In general, production, however, saw a pronounced descent. The growth pace was the most rapid in 2015 with an increase of 30% against the previous year. Global production peaked at $19.9B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Production By Country

China (245K units) constituted the country with the largest volume of reticle manufacturing machine production, comprising approx. 40% of total volume. Moreover, reticle manufacturing machine production in China exceeded the figures recorded by the second-largest producer, Thailand (110K units), twofold. Malaysia (54K units) ranked third in terms of total production with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled +3.8%. In the other countries, the average annual rates were as follows: Thailand (-15.7% per year) and Malaysia (+2.6% per year).

Imports

World Imports of Machines For The Manufacture Of Masks And Reticles, Semiconductor Devices Or Electronic Integrated Circuits

In 2022, supplies from abroad of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits increased by 29% to 675K units, rising for the second year in a row after two years of decline. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. Over the period under review, global imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, reticle manufacturing machine imports contracted slightly to $11.7B in 2022. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of $11.7B, leveling off in the following year.

Imports By Country

The United States prevails in imports structure, reaching 454K units, which was approx. 67% of total imports in 2022. China (45K units) ranks second in terms of the total imports with a 6.6% share, followed by Malaysia (5%). South Korea (21K units), Taiwan (Chinese) (15K units), Brazil (13K units), the Philippines (12K units), Turkey (12K units) and Singapore (11K units) held a minor share of total imports.

Imports into the United States increased at an average annual rate of +20.0% from 2012 to 2022. At the same time, Turkey (+48.8%), the Philippines (+22.8%), Malaysia (+19.2%), Brazil (+12.2%), Singapore (+12.2%), China (+9.9%) and South Korea (+4.0%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the world, with a CAGR of +48.8% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. While the share of the United States (+21 p.p.), the Philippines (+1.8 p.p.) and Turkey (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of China (-4.4 p.p.), South Korea (-5.9 p.p.) and Taiwan (Chinese) (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($4.8B) constitutes the largest market for imported machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits worldwide, comprising 41% of global imports. The second position in the ranking was held by South Korea ($1.4B), with a 12% share of global imports. It was followed by the United States, with a 7.9% share.

In China, reticle manufacturing machine imports increased at an average annual rate of +12.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+4.1% per year) and the United States (+8.2% per year).

Import Prices By Country

In 2022, the average reticle manufacturing machine import price amounted to $17,276 per unit, shrinking by -22.7% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. Global import price peaked at $29,342 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($106,944 per unit), while Brazil ($1,143 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.8%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Machines For The Manufacture Of Masks And Reticles, Semiconductor Devices Or Electronic Integrated Circuits

For the third consecutive year, the global market recorded growth in overseas shipments of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits, which increased by 10% to 411K units in 2022. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, reticle manufacturing machine exports dropped to $13.2B in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports attained the peak of $14.9B, and then fell in the following year.

Exports By Country

China represented the major exporter of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits in the world, with the volume of exports reaching 152K units, which was approx. 37% of total exports in 2022. Singapore (61K units) ranks second in terms of the total exports with a 15% share, followed by Japan (12%), South Korea (11%), Malaysia (8.4%) and the United States (8.4%). Taiwan (Chinese) (12K units) took a minor share of total exports.

China was also the fastest-growing in terms of the machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits exports, with a CAGR of +26.0% from 2012 to 2022. At the same time, South Korea (+14.1%), the United States (+12.5%), Singapore (+7.3%), Taiwan (Chinese) (+7.0%), Japan (+5.2%) and Malaysia (+2.5%) displayed positive paces of growth. While the share of China (+28 p.p.), South Korea (+3.6 p.p.) and the United States (+2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Singapore (-3.1 p.p.), Japan (-5.7 p.p.) and Malaysia (-7.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($5.6B) remains the largest reticle manufacturing machine supplier worldwide, comprising 43% of global exports. The second position in the ranking was taken by Japan ($1.9B), with a 14% share of global exports. It was followed by South Korea, with a 9.4% share.

In Singapore, reticle manufacturing machine exports increased at an average annual rate of +16.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+5.0% per year) and South Korea (+14.2% per year).

Export Prices By Country

The average reticle manufacturing machine export price stood at $32,216 per unit in 2022, shrinking by -19.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 when the average export price increased by 22%. Over the period under review, the average export prices attained the maximum at $42,701 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($92,633 per unit), while China ($6,767 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform