PUBLISHER: KBV Research | PRODUCT CODE: 1593662
PUBLISHER: KBV Research | PRODUCT CODE: 1593662
The Latin America, Middle East and Africa Lithography Equipment Market would witness market growth of 11.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Lithography Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $943.6 million by 2031. The Argentina market is expected to witness a CAGR of 12.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 10.5% during (2024 - 2031).
At the forefront of the lithography equipment market are companies like ASML, Canon, and Nikon, which are crucial in advancing lithography technology. ASML, for instance, is the only company that produces EUV lithography systems, which are essential for manufacturing chips at the smallest nodes available today. The high demand for EUV technology underscores its importance in the industry, as semiconductor manufacturers are willing to invest heavily in these machines to gain a competitive edge.
The cost of these machines, often in the hundreds of millions of dollars, highlights the critical role that lithography equipment plays in the semiconductor supply chain. As companies compete to produce chips with the most advanced specifications, they depend on the innovations driven by these lithography equipment manufacturers.
South Africa's efforts to develop its semiconductor industry are part of a broader plan to enhance its high-tech manufacturing sector under the Department of Trade, Industry, and Competition (DTIC). The government's Industrial Policy Action Plan (IPAP) emphasizes developing a domestic electronics and semiconductor sector to support the digital economy. Although South Africa's semiconductor industry is still limited, growing demand for electronics in mining, telecommunications, and automotive industries fosters interest in local semiconductor production.
Electronics manufacturing contributes 4% to South Africa's total manufacturing output. In 2018, the electrical machinery sub-sector contributed 2.3% to manufacturing output. Radio, television, and communication apparatus and equipment accounted for about 1.1% of manufacturing output. Household appliances contributed 0.6% to manufacturing output. The government's collaboration with educational institutions to develop specialized talent and research facilities is gradually increasing demand for lithography equipment, paving the way for a budding semiconductor industry. Hence, the LAMEA region shows promise as an emerging market for lithography equipment, with growth potential driven by a collective push towards high-tech industry development.
Based on Type, the market is segmented into Deep Ultraviolet (DUV), and Extreme Ultraviolet (EUV). Based on Application, the market is segmented into Advanced Packaging, LED, MEMS, and Power Devices. Based on Technology, the market is segmented into ArF Immersion, ArF Scanners, KrF Steppers, i-line Steppers, Mask Aligners, and Other Technology. Based on Packaging Platforms, the market is segmented into 3D IC, 2.5D Interposer, Wafer Level Chip Scale Packaging (WLCSP), FO WLP Wafer, 3D WLP, and Other Packaging Platforms. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Lithography Equipment Market Report Segmentation
By Type
By Application
By Technology
By Packaging Platforms
By Country