Press release
Global Extreme Ultraviolet Lithography Market Comprehensive Study: Forecasted Market Size And Growth Rate
Extreme Ultraviolet Lithography Market
The Business Research Company offers in-depth market insights through Extreme Ultraviolet Lithography Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The extreme ultraviolet lithography market size has grown exponentially in recent years. It will grow from $4.06 billion in 2023 to $5 billion in 2024 at a compound annual growth rate (CAGR) of 23.2%. The growth in the historic period can be attributed to increased semiconductor device complexity and miniaturization, demand for higher resolution and reduced line widths in semiconductor manufacturing, r&d investments in semiconductor fabrication technologies, transition to advanced nodes in semiconductor manufacturing (e.g., 7nm, 5nm, 3nm), need for enhanced productivity and yield in semiconductor fabs.
The extreme ultraviolet lithography market size is expected to see exponential growth in the next few years. It will grow to $11.69 billion in 2028 at a compound annual growth rate (CAGR) of 23.7%. The growth in the forecast period can be attributed to adoption of euv lithography in memory and logic device production, market growth in emerging economies and developing semiconductor markets, focus on high-volume manufacturing with euv technology, integration of ai and machine learning in semiconductor manufacturing. Major trends in the forecast period include multi-patterning techniques with euv, high numerical aperture (na) euv systems, advanced euv mask technologies, euv pellicles for mask protection, metrology and inspection solutions for euv, high-throughput euv systems for production.
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Market Segmentation:
The extreme ultraviolet lithography market covered in this report is segmented by equipment into the light source, mirrors, masks, and others, by the light source into laser-produced plasma, gas discharge, vacuum sparks, by end-user into integrated device manufacturers (IDM), foundry, others.
Major Driver - Surging Smartphone Demand Drives Growth In The Extreme Ultraviolet Lithography (EUVL) Market
Increasing demand for smartphones is expected to boost the demand for the extreme ultraviolet lithography market. Extreme ultraviolet lithography (EUVL) is an advanced technology used for manufacturing more powerful microprocessors than traditional ones for smartphones and personal computers. EUV lithography helps build compact electronic chips with less complexity, reduced cost, and fewer power requirements. For instance, in March 2022, according to the Cybercrew article, a UK-based company association of tech-obsessed people that works on computers, mobile phones, and gaming, around 87% of adults owns smartphones in the year 2020 and with a global smartphone penetration rate of 78.9%, the UK is ranked second. Thus, increasing demand for more advanced smartphones creates a higher demand for EUV lithography to enable chipmakers to produce faster, smaller, and more powerful chips.
Competitive Landscape:
Major companies operating in the extreme ultraviolet lithography market include ASML Holding N.V., Nikon Corporation, Canon Inc., Intel Corporation., Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC), SUSS Microtec AG, Carl Zeiss AG, Toshiba Corporation, Ultratech Inc., Vistec Semiconductor Systems, SK hynix Inc., GlobalFoundries Inc., NTT Advanced Technology Corporation., Toppan Photomasks Inc., KLA Corporation., Advantest Corporation, Ushio Inc., AGC Inc., Lasertec Corporation, NuFlare Technology, Energetiq Technology Inc., Photronics Inc., HOYA Corporation, The TRUMPF Group, Rigaku Corporation, Edmund Optics Ltd., Park Systems Pvt Ltd., Zygo Corporation, Hitachi High-Technologies Corporation, Lam Research Corporation, Tokyo Electron Limited, Plasma-Therm LLC
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Top Trend - High System Costs Pose A Challenge To Growth In The Extreme Ultraviolet Lithography (EUVL) Market
The high price of extreme ultraviolet lithography systems may restrict the growth of the extreme ultraviolet lithography market. A lithography machine is one of the major tools in manufacturing chips. High-end lithography machines for cutting the most sophisticated chips are produced by only one company, ASML. The extreme ultraviolet lithography machine is made of more than 1,00,000 parts and costs about $120 million. Therefore, the high price of the systems may restrict the growth of the extreme ultraviolet lithography market.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Extreme Ultraviolet Lithography Market Characteristics
3. Extreme Ultraviolet Lithography Market Trends And Strategies
4. Extreme Ultraviolet Lithography Market - Macro Economic Scenario
5. Extreme Ultraviolet Lithography Market Size And Growth
…..
27. Extreme Ultraviolet Lithography Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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