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Extreme Ultraviolet Lithography Market Size, Trends And Strategies For Expansion 2024-2033
Extreme Ultraviolet Lithography Market
As per the report, 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 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%.
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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.
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 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
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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
Contents of the report:
1. Executive Summary
2. Extreme Ultraviolet Lithography Market Report Structure
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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