The global extreme ultraviolet lithography market size is expected to grow from $2.87 billion in 2021 to $3.27 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The change in the extreme UV lithography market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $7.22 billion in 2026 at a CAGR of 21.9%.
What is the Global Extreme Ultraviolet Lithography Market?
The extreme ultraviolet lithography market consists of sales of extreme ultraviolet lithography (EVUL) systems by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing extreme ultraviolet lithography systems that use the smallest wavelength to create circuits with small features and obtain an output with better resolution. Only goods and services traded between entities or sold to end consumers are included.
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What drives the Global Extreme Ultraviolet Lithography 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 electronics chips with less complexity, reduced cost, and fewer power requirements. According to the joint study conducted by ASSOCHAM-PwC in May 2019, the number of smartphone users in India is expected to double to reach 859 million by 2022. 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.
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Global Extreme Ultraviolet Lithography Market Segments
The global extreme ultraviolet lithography market is segmented:
By Equipment: Light Source, Mirrors, Mask, Others
By Light Source: Laser-Produced Plasma, Gas Discharge, Vacuum Sparks
By End-User: Integrated Device Manufacturers (IDM), Foundry, Others
By Geography: The regions covered in the extreme ultraviolet lithography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Extreme Ultraviolet Lithography Global Market Report 2022provides market size and growth forecasts for the global extreme ultraviolet lithography market, global extreme ultraviolet lithography market share, extreme ultraviolet lithography market segments and geographies, extreme ultraviolet lithography market competitive landscape including leading competitors’ revenues, profiles and market shares. The extreme ultraviolet lithography market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Extreme Ultraviolet Lithography Industry Playersinclude ASML, Nikon, Canon, Intel Corporation, Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC), SUSS Microtec AG, Carl Zeiss AG, Toshiba, and Ultratech Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
