EUV Lithography Market will Grow at a CAGR of 12% during 2022-2029
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EUV Lithography Market Size and Overview :
The global UV lithography sales will reach US$ 4,648.6 million by the year 2021. The market will reach a CAGR of 21.5% between 2022 and 2029, reaching a value of US$ 22,978.6 Mn by 2029. Increasing advance lithographic systems for light wavelength is one of the key factors to accelerate the sales of this technology in the market.
EUVL is similar to optical lithography in that light is refracted onto the substrate through camera lenses. Extreme Ultraviolet Lithography (EUVL) is an advanced technology that makes microprocessors a hundred times more powerful than conventional ones.
The report covers all the major trends and drivers playing a crucial role in the growth of the global EUV Lithography market.
Extreme ultraviolet light, operating at a different wavelength, has different properties such as being reflected from mirrors rather than being refracted by lenses, the hallmark of which is the perfect construction of mirrors to reflect light with sufficient accuracy.
Increasing demand for smartphones in the global market drives the market for UV lithography. Extreme UV is a next-generation lithography technology that uses a range of extreme ultraviolet (EUV) wavelengths, with an approximately 2% FWHM bandwidth up to 13.5 nm.
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Regional Analysis:
The EUV lithography market is segmented by geography into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, India held APAC's majority share of the global EUV lithography market due to the presence of major players and growing demand for consumer electronics such as smartphones, tablets, and automobiles from countries such as China, Japan, and South Korea.
Global semiconductor manufacturing and inspection equipment billings reached USD 16.7 billion in 2018, according to SEMI, of which USD 13.2 billion of the semiconductor inspection and manufacturing equipment market share was captured by Asian countries such as Korea, China, Taiwan and Japan. It is 80% worldwide.
Electronics and automotive industries will witness high growth in the market due to increasing consumer demand Availability of highly skilled labor at low cost as per consumer demands will further propel the growth of the global EUV lithography market during the forecast period.
EUV Lithography Market Competitive Landscape:
In the market, key players in the EUV lithography market are focusing on a data-centric approach with an aim to expand their portfolio of technology solutions that meet customer needs. To meet the needs of customers, the most promising key players use innovation to expand and develop their product offerings. Players focus on research & development to develop new products.
ASML and Intel Corporation announced in January 2022, the latest phase of their long-standing collaboration to advance the state-of-the-art of semiconductor lithography technology.
Taiwan Semiconductor Manufacturing Co. Ltd. announced the expansion of the Open Innovation Platform (OIP) Cloud Alliance in April 2019, Samsung Electronics announced the industry's first 3rd generation 10-nanometer-class (1z-nm) eight-gigabit (GB) Double Data Samsung uses EUV for its own 7nm Exynos 9825 chip ??2019, announced to be used in August.
Rate 4 (DDR4) DRAM in March 2019 Developed by SK Hynix 1Znm 16GB (Gigabits) DDR4 (Double Data Rate 4) DRAM in October 2019
Some of the major countries covered in the global report such as the United States, Canada, Brazil, Germany, Italy, Spain, United Kingdom, Russia, European countries, United Arab Emirates, Saudi Arabia, South Africa, Japan, China, India, South Korea, Australia, and rest of the countries over the globe
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Major Key Players of EUV Lithography (EUVL) Market:
The EUV Lithography (EUVL) Market is primarily segmented on the basis of Types:
On the basis of applications, the market covers:
Global EUV Lithography Market by Category:
By end Use:
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