Dublin, Jan. 02, 2025 (GLOBE NEWSWIRE) — The “Extreme Ultraviolet Lithography Market by Component and End User – Global Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering.
The EUV lithography market is expected to reach USD 22.69 billion by 2029 from USD 12.18 billion in 2024, at a CAGR of 13.2% during the 2024-2029 period.
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall EUV lithography market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the objectives of the market and provides information on key market drivers, restraints, opportunities, and challenges.
Continuing advances in consumer electronics increase demand for extreme ultraviolet lithography markets. With an increase in thinner, more powerful, energy-efficient devices, the usage of extreme ultraviolet lithography also increases. Advanced functionality with high performance is achieved using a smaller semiconductor chip in modern smartphones, smartwatch, laptops, and also a whole smart home device. EUVL has the ability to etch extremely intricate patterns down at nanometer scales, making it absolutely necessary to produce next-generation chips.
The increasing deployment of technologies such as 5G, artificial intelligence (AI), and augmented reality/virtual reality rises the demand for high-performance processors, memory chips, and other semiconductor components, which in turn increases the need for EUV systems. Consumer expectations for longer battery life, faster processing speeds, and sleek designs also reinforce the trend towards miniaturization, which EUV lithography facilitates.
Also, in the quest for technological superiority among leading consumer electronics brands, investments in advanced semiconductor manufacturing processes fuel the growth of the EUV lithography market. In this interaction between innovation in consumer electronics and semiconductor fabrication, the EUV lithography stands out as a key to future technologies.
South Korea is projected to grow at the highest CAGR during the forecast period from 2024-2029
The South Korean region is expected to have the highest compound annual growth rate (CAGR) for the EUV lithography market over the forecast period due to the country’s leadership in semiconductor manufacturing and aggressive investments in advanced lithography technologies. South Korea is also the home of some of the world’s largest makers of semiconductors, notably Samsung and SK Hynix, key adopters of EUV for producing high-performance chips at such advanced nodes as 5nm and lower.
The government of South Korea considers the development of a robust ecosystem of semiconductors with considerable support in terms of finance and with policy incentives to reduce imports and thus establish a stronger position in markets around the world. Moreover, South Korean manufacturers are under rising pressure from the increasing demands of AI, 5G, IoT, and automotive applications in both home and international markets.
Continuous collaborations with EUV equipment vendors, such as ASML, will provide South Korean fabs with the most advanced lithography tools. The strategic move of South Korea to scale up EUV lithography, in addition to the semiconductor industry’s push toward smaller, more energy-efficient, and powerful chips, drives the market to the robust CAGR in the region.
The report provides insights on the following pointers:
- Analysis of key drivers (adoption of EUV lithography for advanced semiconductor nodes), restraint (significant upfront capital investment in EUV lithography), opportunity (rising investments in advanced EUV lithography and semiconductor devices), and challenges (competition from alternative lithography techniques)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the EUV lithography market
- Market Development: Comprehensive information about lucrative markets – the report analyses the EUV lithography market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the EUV lithography market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like KLA Corporation (US), Carl Zeiss AG (Germany), TRUMPF (Germany), TOPPAN Inc. (Japan), and AGC Inc. (Japan).
Key Attributes:
Report Attribute | Details |
No. of Pages | 164 |
Forecast Period | 2024 – 2029 |
Estimated Market Value (USD) in 2024 | $12.18 Billion |
Forecasted Market Value (USD) by 2029 | $22.69 Billion |
Compound Annual Growth Rate | 13.2% |
Regions Covered | Global |
Companies Featured
- Asml
- Carl Zeiss AG
- Ntt Advanced Technology Corporation
- Kla Corporation
- Advantest Corporation
- Ushio Inc.
- Suss Microtec SE
- Agc Inc.
- Lasertec Corporation
- Toppan Inc.
- Energetiq Technology, Inc.
- Nuflare Technology Inc.
- Photronics, Inc.
- Hoya Corporation
- Trumpf
- Rigaku Holdings Corporation
- Edmund Optics Inc.
- Imagine Optic
- Applied Materials, Inc.
- Park Systems
- Euv Tech
- Mloptic Crop.
- Mks Instruments
- Brooks Automation
- Pfeiffer Vacuum GmbH
For more information about this report visit https://www.researchandmarkets.com/r/uni5xr
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- Extreme Ultraviolet Lithography Market