Press release
Extreme Ultraviolet Lithography Market to Reach $5 Billion in 2024, Driven by Surging Smartphone Demand
Extreme Ultraviolet Lithography Market Overview
Drivers:
Smartphone Boom Boosts Demand:
The extreme ultraviolet lithography (EUVL) market is witnessing a substantial upswing propelled by the escalating demand for smartphones. As EUV lithography technology becomes instrumental in producing faster, smaller, and more powerful chips for smartphones, the global smartphone penetration rate of 78.9%, as reported by Cybercrew, drives a surge in EUV lithography demand to meet the evolving needs of chipmakers.
Rising Semiconductor Industry Demand:
The growing demand within the semiconductor industry is a driving force behind the extreme ultraviolet lithography market's expansion. Utilized to create smaller, energy-efficient chips, EUV lithography enhances semiconductor performance. The Semiconductor Industry Association's reports reveal a record-high annual total of $574.1 billion in global semiconductor sales in 2022, signifying the market's integral role in the industry's growth.
Explore the Global Extreme Ultraviolet Lithography Market with a Detailed Sample Report:
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Key Players:
Key players such as ASML Holding N.V., Intel Corporation, and Taiwan Semiconductor Manufacturing Company Limited (TSMC) spearhead the extreme ultraviolet lithography market, contributing to its trajectory through innovation and technological advancements.
Innovations and Milestones:
TSMC's N7+ Technology Breakthrough:
TSMC's introduction of the seven-nanometer plus (N7+) technology, the first commercially available EUV lithography in the industry, marks a groundbreaking advancement. N7+ delivers increased chip density and improved power consumption, positioning it as a pivotal choice for the industry's next-wave outcomes.
Intel's High-Volume Manufacturing Milestone:
Intel's initiation of high-volume manufacturing using Intel 4 technology in Leixlip, Ireland, represents a significant milestone. Employing extreme ultraviolet (EUV) lithography, this marks a crucial step for Intel in meeting the escalating demand for smaller, more potent chips, with upcoming products like Intel Core Ultra processors and future-generation Intel Xeon processors.
Regional Insights:
Asia-Pacific emerges as the dominant region in the extreme ultraviolet lithography market in 2023, while North America secures its position as the second-largest region during the forecast period. The regions covered include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Segments:
The extreme ultraviolet lithography market covered in this report is segmented -
1) By Equipment: Light Source, Mirrors, Mask, Other Equipments
2) By Light Source: Laser-produced Plasma, Gas Discharge, Vacuum Sparks
3) By End User: Integrated Device Manufacturers (IDM), Foundry, Other End-Users
Access the Complete Report for In-Depth Analysis:
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Extreme Ultraviolet Lithography Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Extreme Ultraviolet Lithography Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on extreme ultraviolet lithography market size, extreme ultraviolet lithography market drivers and trends, extreme ultraviolet lithography market major players, extreme ultraviolet lithography market competitors' revenues, extreme ultraviolet lithography market positioning, and extreme ultraviolet lithography market growth across geographies. The extreme ultraviolet lithography market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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