PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1455666
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1455666
Extreme Ultraviolet Lithography Market size was valued at USD 9,561.62 Million in 2023, expanding at a CAGR of 22.43% from 2024 to 2032.
EUV lithography, or Extreme Ultraviolet lithography, is an advanced semiconductor manufacturing technique that utilizes light with an exceptionally short wavelength of around 13.5 nanometers to create intricate patterns on silicon wafers. This technology enables the production of smaller, more densely packed semiconductor components, allowing for increased performance, energy efficiency, and functionality in a wide range of electronic devices. EUV lithography plays a critical role in pushing the boundaries of chip miniaturization, facilitating the development of next-generation technologies such as 5G, artificial intelligence, and autonomous vehicles.
Extreme Ultraviolet Lithography Market- Market Dynamics
Increasing demand for semiconductor chips to propel market demand
The market for EUV lithography is witnessing a surge due to the escalating demand for semiconductor chips with ever-smaller geometries in advanced technological end uses. As traditional lithography techniques struggle to meet the stringent requirements of producing nanometer-scale features, EUV lithography's capability to utilize extremely short wavelengths of light, such as 13.5 nm, offers unparalleled precision and efficiency. This technology is becoming indispensable for semiconductor manufacturers aiming to achieve higher performance and integration in products like 5G devices, artificial intelligence systems, and automotive electronics. As a result, the market for EUV lithography is experiencing rapid growth to cater to the burgeoning needs of the semiconductor industry.
Extreme Ultraviolet Lithography Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 22.43% over the forecast period (2024-2032)
Based on product type segmentation, light source was predicted to show maximum market share in the year 2023
Based on End use segmentation, Integrated Device Manufacturers was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Extreme Ultraviolet Lithography Market is segmented on the basis of Product Type, End use, and Region.
The market is divided into three categories based on product type: Light Sources, Mirrors, and Masks. Within the EUV lithography market, the EUV light source emerges as the dominant segment due to the pivotal role EUV light sources play in the lithography process. As the fundamental component responsible for generating high-energy EUV light, these sources are indispensable for patterning semiconductor wafers with exceptional precision and intricacy. However, their prominence is not solely due to their critical function; it also stems from the intricate and expensive nature of their development. Crafting EUV light sources demands advanced technology and precise engineering to emit light at extremely short wavelengths, typically around 13.5 nanometers. Consequently, only a handful of suppliers possess the expertise and resources to manufacture these sophisticated devices, leading to limited availability in the market. This scarcity, coupled with the high demand for EUV lithography in semiconductor manufacturing, solidifies the dominance of EUV light sources in terms of market share throughout the forecast period.
The market is divided into two categories based on End use: Foundry and Integrated Device Manufacturers (IDMs). In the forecast period, the Integrated Device Manufacturers segment is projected to retain its dominance in the EUV lithography market. The growing need for wafer capacity is a key driver propelling the lithography market forward during the forecast period. Furthermore, the emergence of new leading-edge nodes with heightened lithography intensity is expected to bolster demand within the IDM segment. Additionally, the increasing demand for advanced semiconductors, which play a pivotal role in various transformative technologies, contributes to the heightened demand for the Integrated Device Manufacturer segment in the forecast period.
Extreme Ultraviolet Lithography Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
The Extreme Ultraviolet Lithography Market is relatively consolidated, with a few dominant players holding significant market share. These companies typically employ strategies such as continuous innovation in technology, strategic partnerships for access to complementary resources, strong customer relationships, and vertical integration to secure key components of the supply chain. While competition remains intense, the barriers to entry and the complexity of the technology tend to limit the number of viable competitors, resulting in a consolidated market landscape.
In March 2022, Nikon Corporation disclosed plans to unveil a new Gen 8 plate FPD lithography system designed to bolster the production of diverse high-definition panels for premium displays like high-end monitors, large TVs, and smart devices.
GLOBAL EXTREME ULTRAVIOLET LITHOGRAPHY MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
ASML
Carl Zeiss AG
TOPPAN Inc.
NTT Advanced Technology Corporation
KLA Corporation
ADVANTEST CORPORATION
Ushio Inc.
SUSS MicroTec SE
AGC Inc.
Lasertec Corporation
NuFlare Technology
Energetiq Technology Inc.
Photronics, Inc.
HOYA Corporation
TRUMPF
Rigaku Corporation
Edmund Optics Ltd.
Park Systems
Zygo Corporation
Imagine Optic
Applied Materials, Inc.
Others