The global extreme ultraviolet lithography market is estimated to be valued at US$ 1,918.8 million in 2023 and is expected to reach US$ 17,353 million by registering a CAGR of 24.6% in the forecast period 2023 to 2033. One of the factors driving the growth of the worldwide extreme ultraviolet lithography market is the increasing usage of smartphones throughout the world.
Following its introduction, lithography technology was widely used in microprocessors. The advent of extreme ultraviolet lithography, an enhanced lithography technology, has resulted in continuous improvements and breakthroughs in the semiconductor industry. During the forecast period, extreme ultraviolet lithography technology is predicted to replace presently used conventional optical lithography techniques for creating microcircuits, which are widely installed in electronic devices.
Data Points | Key Statistics |
---|---|
Expected Market Value (2023) | US$ 1,918.8 million |
Anticipated Forecast Value (2033) | US$ 17,353 million |
Projected Growth Rate (2023 to 2033) | 24.6% CAGR |
Extreme UV Lithography is a lithography technology that uses ultraviolet wavelengths of a few nanometers to produce a more resolved output. Mirrors are used for reflection instead of lenses in extreme ultraviolet lithography, which is used in traditional lithography procedures. The primary use of Extreme Ultraviolet Lithography is to print complicated patterns on semiconductor wafers that define integrated circuits.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global demand for extreme ultraviolet lithography market is projected to increase at a CAGR of 24.6% during the forecast period, according to a report from Future Market Insights (FMI). From 2018 to 2022, sales witnessed significant growth, registering a CAGR of 22.5%.
One of the primary factors fuelling the growth of the extreme ultraviolet lithography market is the increase in smartphone penetration among consumers worldwide. The increased usage of extreme ultraviolet lithography for creating tiny electronic chips with low cost, low power consumption, and low complexity, as well as the rise in demand for performance and storage memory in the consumer applications industry, drive market growth.
The market is also influenced by the increased preference for extreme ultraviolet lithography over smartphones and personal computers, as well as the increasing usage of the technology in the production of more powerful microprocessors. Moreover, urbanization and digitalization, increased demand from the packaging industry, increased adoption of new technologies, mobile technology, and the development of end-use industries all favorably impact the extreme ultraviolet lithography market.
Global Adoption of Consumer Electronics to Escalate Market Growth
When compared to traditional lithography procedures, the use of extreme ultraviolet lithography yields a superior output. Furthermore, in comparison with other lithography techniques, aspects such as smaller size, cost-effectiveness, reduced power consumption, and bigger storage capacity are likely to be driving factors for the growth of the extreme ultraviolet lithography market.
Furthermore, as extreme ultraviolet lithography is vital in many consumer electronic gadgets, global adoption of consumer electronics is projected to drive the market.
Lack of user awareness of Hinder Growth Prospects
The dearth of user awareness, the possibility of undiscovered technological defects, and insufficient knowledge of the technology are the key barriers to growth in the extreme ultraviolet lithography market since the technology is still in its early stages of development.
Furthermore, the high cost of extreme ultraviolet lithography and the precision required in the fabrication of the complex designed mirror, a component of extreme ultraviolet lithography, operate as restraint factors for the overall extreme ultraviolet lithography market.
Mature Manufacturing Industry, creating opportunities for Extreme Ultraviolet Lithography manufacturers
The manufacturing industry in the United States is quite strong. The country's manufacturing industry is one of the leading industries, accounting for a considerable share of the country's overall GDP.
According to the National Institute of Standards and Technology of the United States Department of Commerce, the manufacturing industry contributed US$ 2,269.2 to the United States GDP in 2020, or 10.8% of total GDP. Manufacturing accounts for an estimated 24% of GDP when direct and indirect value-added are considered. In 2021, the United States dominated the North American extreme ultraviolet lithography market and continue to do so until 2033. Thus, due to the aforementioned reasons, North America is expected to possess a 28.6% market share in 2023, registering a CAGR of 25.5% for the extreme ultraviolet lithography market in the assessment period 2023 to 2033.
Expansion of the Automotive Sector favoring market growth
The growing need for sophisticated and automated cars, as well as the expansion of the automotive sector, is driving the growth of the extreme ultraviolet lithography market in the area. The automobile sector employs 13.8 million Europeans directly or indirectly, accounting for 6.1% of total employment in the EU. Direct production of automobiles employs 2.6 million people, accounting for 8.5% of all manufacturing jobs in the EU.
The EU is one of the world's leading automakers. The automotive sector is the leading private investment in R&D. To strengthen the competitiveness of the EU vehicle sector and retain its position as a technical leader internationally. The European Commission fosters technology harmonization. It gives grants for R&D. Thus, Europe is expected to hold 19.5% of the market share in 2023.
Increased Investments in Extreme Ultraviolet Lithography Technology Fuelling Rapid Adoption
The Asia Pacific region continues to dominate the global market for extreme ultraviolet lithography in revenue. Over the projected period, Taiwan is likely to have an advantage in the area. TSMC's development in Taiwan and increased investments in extreme ultraviolet lithography technology are two of the most important reasons driving the growth of Taiwan's Extreme Ultraviolet lithography industry. The country controls the majority of the revenue share of the Asia Pacific extreme ultraviolet lithography market. Aside from Taiwan, the markets for extreme ultraviolet lithography in Japan, China, and South Korea are likely to provide considerable potential for stakeholders in the next years.
Chinese chipmakers are also using old chipmaking machinery as they scramble to manufacture local goods amid trade concerns between the United States and China, driving up equipment costs in Japan's secondary market. According to Japanese second-hand equipment vendors, prices are up 20% over last year.
The United States sanctions against China do not affect older-generation devices, allowing Chinese gamers unrestricted access. The coronavirus pandemic-induced stay-at-home tendency is also a factor. As chip demand grows throughout the world, even older equipment is selling quickly. As a result, the scarcity of semiconductors used in autos may be extended.
ASML's new training center may almost certainly benefit both firms. While the company is Europe's leading maker of semiconductor gear, the Taiwanese manufacturer is its key customer. According to the Asian Nikkei Review, TSMC may receive 20 of the 35 extreme ultraviolet lithography systems ASML plans to export this year. By familiarising more of the chipmaker's personnel with its tools, the Dutch company is preparing for future sales. ASML also intends to construct a new research and development center in Taiwan, increasing its local workforce to 500 by 2023. Thus, Asia Pacific is expected to procure a 17% market share for the Extreme Ultraviolet Lithography market in 2023.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The Laser Produced Plasmas Segment to Have a Huge Demand
The extreme ultraviolet lithography systems market study is classified into three categories based on light sources: laser-produced plasmas, vacuum sparks, and gas discharges.
In 2021, the laser-produced plasmas category held the biggest market share for extreme ultraviolet lithography equipment. The vacuum sparks category, on the other hand, is predicted to develop at a rapid CAGR from 2023 to 2033.
Key startup players in the Extreme Ultraviolet Lithography market are
Intel Corporation, Nikon Corporation, Canon Inc., IBM Corporation, ASML, and Samsung Corporation are some of the main participants in the Extreme Ultraviolet Lithography industry.
Recent Market Developments in the Extreme Ultraviolet Lithography Market:
Attribute | Details |
---|---|
Market Value in 2023 | US$ 1,918.8 million |
Market Value in 2033 | US$ 17,353 million |
Growth Rate | CAGR of 24.6% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
Customization | Available Upon Request |
The advent of products with better designs and enhanced functionality has strengthened the market.
In 2023, the global market value could be around US$ 1,918.8 million.
The overall demand is anticipated to record a CAGR of 24.6% till 2033.
North America leads and could account for nearly 28.6% share in 2023.
The regional market is estimated to contribute roughly 19.5% of the global revenue in 2023.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Light Source Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Light Source Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Light Source Type, 2023 to 2033
5.3.1. Laser Produced Plasmas
5.3.2. Vacuum Sparks
5.3.3. Gas Discharges
5.4. Y-o-Y Growth Trend Analysis By Light Source Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Light Source Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Light Emitting Diodes (LEDs)
6.3.2. Micro-Fluidics
6.3.3. Micro-Needles
6.3.4. Biotechnology
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Light Source Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Light Source Type
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Light Source Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Light Source Type
9.3.3. By Application
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Light Source Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Light Source Type
10.3.3. By Application
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Light Source Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Light Source Type
11.3.3. By Application
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Light Source Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Light Source Type
12.3.3. By Application
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Light Source Type
13.2.3. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Light Source Type
13.3.3. By Application
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Light Source Type
14.2.3. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Light Source Type
14.3.3. By Application
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Light Source Type
15.1.2.2. By Application
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Light Source Type
15.2.2.2. By Application
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Light Source Type
15.3.2.2. By Application
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Light Source Type
15.4.2.2. By Application
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Light Source Type
15.5.2.2. By Application
15.6. United Kingdom
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Light Source Type
15.6.2.2. By Application
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Light Source Type
15.7.2.2. By Application
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Light Source Type
15.8.2.2. By Application
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Light Source Type
15.9.2.2. By Application
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Light Source Type
15.10.2.2. By Application
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Light Source Type
15.11.2.2. By Application
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Light Source Type
15.12.2.2. By Application
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Light Source Type
15.13.2.2. By Application
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Light Source Type
15.14.2.2. By Application
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Light Source Type
15.15.2.2. By Application
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Light Source Type
15.16.2.2. By Application
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Light Source Type
15.17.2.2. By Application
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Light Source Type
15.18.2.2. By Application
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Light Source Type
15.19.2.2. By Application
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Light Source Type
15.20.2.2. By Application
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Light Source Type
15.21.2.2. By Application
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Light Source Type
15.22.2.2. By Application
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Light Source Type
15.23.2.2. By Application
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Light Source Type
16.3.3. By Application
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Intel Corporation
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Nikon Corporation
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. Canon Inc.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. IBM Corporation
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. ASML
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Samsung Corporation
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Tappan Photomasks Inc.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. NTT Advanced Technology Corporation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Ushio Inc.
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. TRUMPF
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.11. Imagine Optic
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Explore Technology Insights
View Reports