Global $18.5 Bn Photolithography Equipment (EUV, DUV, I-line, ArF, ArFi, KrF) Markets, 2016-2020 & 2021-2026
DUBLIN, June 16, 2021 /PRNewswire/ -- The "Global Photolithography Equipment Market, By Type (EUV, DUV, I-line, ArF, ArFi, KrF), By Wavelength, By Device Wavelength, By End-Use, By Application, By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Photolithography Equipment Market is expected to reach USD18.51 billion by 2026, growing at a CAGR of 8.56% owing to the rapid technological advancements and growing demand from the semiconductor market.
The increasing digitization in all sectors around the world, rising number of smartphones and evolving business models are creating numerous growth opportunities for the Global Photolithography Equipment Market. The industries are progressively receiving diverse types of photolithography equipments specified typically for each use, with growing technology requirements, for example, EUV, DUV, I-Line, ArF, ArFi, KrF.
ASML, Canon, Nikon, EV Group, Global Foundries, and Eulithia AG are some of the leading players which are operating in the Global Photolithography Equipment Market. ASML here plays a role of a monopoly market contributing to the highest share of 91.6% in the market with its major customers being Samsung, Intel, and TSMC. ASML has been the key market player for the past 10 years and is expected to lead the market in the future as well on account of its high reliability and importer satisfaction.
These companies are launching highly reliable photolithography techniques with progressive instruction sets, technologically advanced light beam techniques with high frequency, accuracy, and precision. The companies operating in the market are using organic strategies such as new product launches and merges & collaborations to boost their shares in the market and meet consumer demands.
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