Semiconductor Stepper Systems Market By Type (Extreme ultraviolet (EUV), Deep ultraviolet (DUV)), By Business (OEM, Aftermarket), By Application (Micro-Electro-Mechanical System (MEMS), LED Devices, Advanced Packaging): Global Opportunity Analysis and Industry Forecast, 2021-2031
The semiconductor stepper systems market size was valued at $18,156.4 million in 2021 and is projected to reach $44,974.5 million by 2031, registering a CAGR of 9.5% from 2022 to 2031. The semiconductor stepper system also referred to as the step-and-repeat exposure system is an indistinguishable part of photolithography equipment that is used for manufacturing semiconductors. The semiconductor stepper system produces highly complex and compact integrated circuits down to the level of a few nanometers.
The electronics industry including the semiconductor industry is witnessing rapid technological developments and growth. This is attributed to the increase in demand for electronic devices such as smartphones, wearables, consumer durables, robots, automated industrial machines, and other smart devices. In addition, the rise in artificial intelligence, internet of things (IoT), and quantum computing is boosting the semiconductor stepper system market growth. Moreover, nations such as U.S., South Korea, China, and India are witnessing an increase in investments in semiconductors manufacturing industries. For instance, in June 2022, the Indian government announced that it will spend $30 billion to restructure its IT industry and build up a semiconductor supply chain. All such factors are fueling the semiconductor stepper system market growth.
Furthermore, the high cost of semiconductor stepper systems is expected to restrain market growth. However, the global semiconductor shortage is encouraging countries across the world to develop their domestic semiconductor industry. This is providing lucrative growth opportunities for the semiconductor stepper systems market.
The semiconductor stepper systems market is segmented on the basis of type, application, business, and region. On the basis of type, the market is bifurcated into extreme ultraviolet (EUV), and deep ultraviolet (DUV). On the basis of business, it is classified into OEM and aftermarket. On the basis of application, the market is categorized into micro-electro-mechanical systems (MEMS), LED devices, and advanced packaging. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch, collaboration, and business expansion to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the semiconductor stepper systems market report include ASML Holdings N.V., Canon Inc., Carl Zeiss AG, JEOL Ltd., Nikon Corporation, Onto Innovation, Inc, S-Cubed, SUSS MicroTec SE, Veeco Instruments Inc., and Vistec Electron Beam GmbH.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging semiconductor stepper systems market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2031.
Extensive analysis of the semiconductor stepper systems market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global semiconductor stepper systems market forecast analysis from 2022 to 2031 is included in the report.
The key market players within semiconductor stepper systems market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the semiconductor stepper systems industry.
Key Market Segments
By Type
Extreme ultraviolet (EUV)
Deep ultraviolet (DUV)
By Business
OEM
Aftermarket
By Application
Micro-Electro-Mechanical System (MEMS)
LED Devices
Advanced Packaging
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Taiwan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Canon Inc.
JEOL Ltd.
SUSS MicroTec SE
S-Cubed
Veeco Instruments Inc.
Carl Zeiss AG
ASML Holdings N.V.
Nikon Corporation
Onto Innovation, Inc
Vistec Electron Beam GmbH
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