Table of Content


1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 DEFINITION 22
1.2.1 INCLUSIONS AND EXCLUSIONS 23
1.3 STUDY SCOPE 23
1.3.1 MARKETS COVERED 23
FIGURE 1 PHOTOLITHOGRAPHY EQUIPMENT MARKET 23
1.3.2 GEOGRAPHIC SCOPE 24
1.3.3 YEARS CONSIDERED 24
1.4 CURRENCY 24
1.5 LIMITATIONS 25
1.6 STAKEHOLDERS 25
1.7 SUMMARY OF CHANGES 25

2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
FIGURE 2 PHOTOLITHOGRAPHY EQUIPMENT MARKET: RESEARCH DESIGN 26
2.1.1 SECONDARY AND PRIMARY RESEARCH 28
2.1.2 SECONDARY DATA 29
2.1.2.1 Secondary sources 29
2.1.3 PRIMARY DATA 29
2.1.3.1 Primary sources 30
2.1.3.2 Key industry insights 30
2.1.3.3 Breakdown of primaries 31
2.2 MARKET SIZE ESTIMATION 31
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY 31
2.2.1 BOTTOM-UP APPROACH 32
FIGURE 4 BOTTOM-UP APPROACH: MARKET SIZE ESTIMATION METHODOLOGY 32
2.2.2 TOP-DOWN APPROACH 32
FIGURE 5 BOTTOM-UP APPROACH: MARKET SIZE ESTIMATION METHODOLOGY 33
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 34
FIGURE 6 DATA TRIANGULATION 34
2.4 RESEARCH ASSUMPTIONS 35

3 EXECUTIVE SUMMARY 36
FIGURE 7 TOP 3 PLAYERS IN PHOTOLITHOGRAPHY EQUIPMENT MARKET
FROM 2017 TO 2025 36
FIGURE 8 EUV SEGMENT TO HOLD LARGE SHARE OF PHOTOLITHOGRAPHY
EQUIPMENT MARKET IN 2025 37
FIGURE 9 70 NM–1 NM SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN 2025 38
FIGURE 10 LASER-PRODUCED PLASMAS SEGMENT TO ACCOUNT FOR LARGEST SIZE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN 2025 38
FIGURE 11 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 39

4 PREMIUM INSIGHTS 41
4.1 ATTRACTIVE OPPORTUNITIES IN PHOTOLITHOGRAPHY EQUIPMENT MARKET 41
FIGURE 12 INCREASED GLOBAL DEMAND FOR SEMICONDUCTOR CHIPS FOR USE IN CONSUMER ELECTRONICS FUELS GROWTH OF PHOTOLITHOGRAPHY EQUIPMENT MARKET 41
4.2 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE 41
FIGURE 13 EUV SEGMENT TO ACCOUNT FOR LARGE SHARE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN 2025 41
4.3 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH 42
FIGURE 14 70 NM–1 NM SEGMENT TO ACCOUNT FOR LARGEST SIZE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET FROM 2017 TO 2025 42
4.4 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE 42
FIGURE 15 LASER-PRODUCED PLASMAS SEGMENT TO ACCOUNT FOR LARGEST SIZE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN 2025 42
4.5 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY END USER 43
FIGURE 16 FOUNDRIES SEGMENT TO ACCOUNT FOR LARGE SHARE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN 2020 AND 2025 43
4.6 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY REGION 43
FIGURE 17 APAC TO HOLD LARGEST SIZE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET FROM 2020 TO 2025 43

5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
FIGURE 18 PHOTOLITHOGRAPHY EQUIPMENT MARKET DYNAMICS 44
5.2.1 DRIVERS 45
5.2.1.1 Surged demand for semiconductor devices across several industries 45
FIGURE 19 GLOBAL SEMICONDUCTOR MARKET GROWTH FROM 2018 TO 2025 45
5.2.1.2 Advent of advanced technologies for semiconductor
device manufacturing 45
5.2.1.3 Increased government support to companies operating in photolithography equipment market 46
FIGURE 20 IMPACT OF DRIVERS ON PHOTOLITHOGRAPHY EQUIPMENT MARKET 46
5.2.2 RESTRAINTS 47
5.2.2.1 Functional defects in photolithography equipment and feature pattern complexity during manufacturing process 47
5.2.2.2 Lack of technical expertise to operate EUV
photolithography equipment 47
5.2.2.3 High costs of photolithography equipment 47
TABLE 1 EUV PHOTOLITHOGRAPHY EQUIPMENT PRICING ANALYSIS,
2016–2025 (USD MILLION) 47
FIGURE 21 IMPACT OF RESTRAINTS ON PHOTOLITHOGRAPHY EQUIPMENT MARKET 48
5.2.3 OPPORTUNITIES 49
5.2.3.1 Growth of advanced packaging market across the world 49
FIGURE 22 IMPACT OF OPPORTUNITIES ON PHOTOLITHOGRAPHY EQUIPMENT MARKET 49
5.2.4 CHALLENGES 49
5.2.4.1 Technical difficulties faced in fabrication of ICs 49
5.2.4.2 Limited reliability of exposure tools 49
5.2.4.3 Chances of mask contamination 50
FIGURE 23 IMPACT OF CHALLENGES ON PHOTOLITHOGRAPHY EQUIPMENT MARKET 50
5.3 VALUE CHAIN ANALYSIS 51
FIGURE 24 PHOTOLITHOGRAPHY EQUIPMENT MARKET: VALUE CHAIN ANALYSIS 51
5.4 PORTER FIVE FORCE ANALYSIS 52
TABLE 2 IMPACT OF PORTER’S FIVE FORCES ON PHOTOLITHOGRAPHY EQUIPMENT MARKET, 2019–2025 52
5.5 PRICING ANALYSIS 53
FIGURE 25 PRICING ANALYSIS FOR EUV PHOTOLITHOGRAPHY EQUIPMENT,
2016–2025 (USD MILLION) 53
FIGURE 26 PRICING ANALYSIS FOR DUV PHOTOLITHOGRAPHY EQUIPMENT,
2016–2025 (USD MILLION) 53
5.6 TRADE ANALYSIS 54
TABLE 3 IMPORT DATA OF MACHINES AND APPARATUSES USED FOR MANUFACTURING SEMICONDUCTOR DEVICES OR ELECTRONIC INTEGRATED CIRCUITS, BY COUNTRY, 2015–2019 (USD MILLION) 55
TABLE 4 EXPORT DATA OF MACHINES AND APPARATUSES USED FOR MANUFACTURING SEMICONDUCTOR DEVICES OR ELECTRONIC INTEGRATED CIRCUITS, BY COUNTRY, 2015–2019 (USD MILLION) 55
5.7 ECOSYSTEM ANALYSIS 56
5.8 CASE STUDIES/USE CASES 57
5.8.1 VA-Q-TEC PARTNERED WITH ASML FOR RISK ASSESSMENT OF
TEMPERATURE PROFILES ON ROUTES OF ASML 57
5.8.2 LAM RESEARCH UNVEILS TECHNOLOGY BREAKTHROUGH FOR
EUV LITHOGRAPHY 57
5.8.3 TSMC PLACES ORDER FOR EUV SYSTEMS WITH ASML TO BOOST ITS
CHIP PRODUCTION CAPACITY 57
5.8.4 SAMSUNG ELECTRONICS STARTED MASS PRODUCTION OF 7 NM
AND 6 NM CHIPS 57
5.9 PATENT ANALYSIS 58
5.10 TECHNOLOGY ANALYSIS 60
TABLE 5 PHOTOLITHOGRAPHY TECHNOLOGIES 61
5.11 REGULATORY STANDARDS 61
5.11.1 RESTRICTION OF HAZARDOUS SUBSTANCES (ROHS) AND WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT (WEEE) 61
5.11.2 REGISTRATION, EVALUATION, AUTHORIZATION, AND RESTRICTION OF CHEMICALS (REACH) 62
5.11.3 UN FRAMEWORKS TO ADDRESS GLOBAL ISSUES RELATED TO ENVIRONMENT 62
5.12 CODES AND STANDARDS 63
TABLE 6 MANDATORY CODES & STANDARDS IN SEMICONDUCTOR INDUSTRY 63

6 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE 64
6.1 INTRODUCTION 65
FIGURE 27 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2020 & 2025 65
TABLE 7 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE,
2015–2019 (USD MILLION) 65
TABLE 8 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE,
2020–2025 (USD MILLION) 65
TABLE 9 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2015–2019 (UNITS) 66
TABLE 10 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2020–2025 (UNITS) 66
TABLE 11 PHOTOLITHOGRAPHY EQUIPMENT SHIPMENTS OF ASML, BY TYPE,
2015–2019 (UNITS) 66
FIGURE 28 SHIPMENTS OF EUV PHOTOLITHOGRAPHY EQUIPMENT OF ASML TO
GROW AT HIGHEST CAGR FROM 2020 TO 2025 67
TABLE 12 PHOTOLITHOGRAPHY EQUIPMENT SHIPMENTS OF ASML, BY TYPE,
2020–2025 (UNITS) 67
TABLE 13 PHOTOLITHOGRAPHY EQUIPMENT SHIPMENTS OF CANON, BY TYPE,
2015–2019 (UNITS) 67
TABLE 14 PHOTOLITHOGRAPHY EQUIPMENT SHIPMENTS OF CANON, BY TYPE,
2020–2025 (UNITS) 68
TABLE 15 PHOTOLITHOGRAPHY EQUIPMENT SHIPMENTS OF NIKON, BY TYPE,
2015–2019 (UNITS) 68
TABLE 16 PHOTOLITHOGRAPHY EQUIPMENT SHIPMENTS OF NIKON, BY TYPE,
2020–2025 (UNITS) 68
6.2 EUV 69
6.2.1 INCREASED USE OF EUV PHOTOLITHOGRAPHY FOR
MANUFACTURING COMPUTER CHIPS BEYOND CURRENT 193 NM-BASED OPTICAL LITHOGRAPHY 69
TABLE 17 EUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH,
2015–2019 (USD MILLION) 70
TABLE 18 EUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH,
2020–2025 (USD MILLION) 70
TABLE 19 EUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE,
2015–2019 (USD MILLION) 70
TABLE 20 EUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE,
2020–2025 (USD MILLION) 71
6.3 DUV 71
TABLE 21 DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY EQUIPMENT TYPE,
2015–2019 (USD MILLION) 71
TABLE 22 DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY EQUIPMENT TYPE,
2020–2025 (USD MILLION) 72
TABLE 23 DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY EQUIPMENT TYPE,
2015–2019 (UNITS) 72
FIGURE 29 I-LINE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET IN 2020 72
TABLE 24 DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY EQUIPMENT TYPE,
2020–2025 (UNITS) 73
6.3.1 I-LINE 73
6.3.1.1 Low-cost of i-line DUV photolithography equipment leads to their increased global adoption 73
TABLE 25 I-LINE DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2015–2019 (USD MILLION) 73
TABLE 26 I-LINE DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2020–2025 (USD MILLION) 74
TABLE 27 I-LINE DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2015–2019 (USD MILLION) 74
TABLE 28 I-LINE DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2020–2025 (USD MILLION) 74
6.3.2 KRF 75
6.3.2.1 Surged use of KrF lithography in high-resolution
photolithography equipment 75
TABLE 29 KRF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2015–2019 (USD MILLION) 75
TABLE 30 KRF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2020–2025 (USD MILLION) 75
TABLE 31 KRF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2015–2019 (USD MILLION) 76
FIGURE 30 EXCIMER LASERS SEGMENT OF KRF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET TO GROW AT SIGNIFICANT RATE FROM 2020 TO 2025 76
TABLE 32 KRF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2020–2025 (USD MILLION) 76
6.3.3 ARF 77
6.3.3.1 Risen adoption of DUV ArFi photolithography by chip manufacturers to address requirements of 10 nm device nodes 77
TABLE 33 ARF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2015–2019 (USD MILLION) 77
TABLE 34 ARF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2020–2025 (USD MILLION) 77
TABLE 35 ARF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2015–2019 (USD MILLION) 78
TABLE 36 ARF DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2020–2025 (USD MILLION) 78
6.3.4 ARFI 78
6.3.4.1 ArFi segment contributes significantly to growth of
DUV photolithography equipment market globally 78
TABLE 37 ARFI DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2015–2019 (USD MILLION) 79
TABLE 38 ARFI DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2020–2025 (USD MILLION) 79
TABLE 39 ARFI DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2015–2019 (USD MILLION) 79
TABLE 40 ARFI DUV PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2020–2025 (USD MILLION) 80

7 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH 81
7.1 INTRODUCTION 82
FIGURE 31 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH, 2020 & 2025 82
TABLE 41 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH,
2015–2019 (USD MILLION) 82
TABLE 42 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY WAVELENGTH,
2020–2025 (USD MILLION) 82
7.2 370 NM–270 NM 83
7.2.1 I-LINE PHOTOLITHOGRAPHY EQUIPMENT USE 370 NM–270 NM WAVELENGTH TO MANUFACTURE SEMICONDUCTOR DEVICES 83
TABLE 43 PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 370 NM–270 NM WAVELENGTH, BY TYPE, 2015–2019 (USD MILLION) 83
TABLE 44 PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 370 NM–270 NM WAVELENGTH, BY TYPE, 2020–2025 (USD MILLION) 83
7.3 270 NM–170 NM WAVELENGTH 84
7.3.1 INCREASED ADOPTION OF 270 NM–170 NM WAVELENGTH IN KRF AND
ARF PHOTOLITHOGRAPHY 84
TABLE 45 PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 270 NM–170 NM WAVELENGTH, BY TYPE, 2015–2019 (USD MILLION) 84
FIGURE 32 ARFI SEGMENT TO HOLD LARGEST SIZE OF PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 270 NM–170 NM WAVELENGTH FROM 2020 TO 2025 85
TABLE 46 PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 270 NM–170 NM WAVELENGTH, BY TYPE, 2020–2025 (USD MILLION) 85
7.4 70 NM–1 NM WAVELENGTH 86
7.4.1 SURGED DEMAND FOR EUV PHOTOLITHOGRAPHY EQUIPMENT TO
DRIVE GROWTH OF 70 NM–1 NM WAVELENGTH SEGMENT OF MARKET
FROM 2020 TO 2025 86
TABLE 47 PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 70 NM–1 NM WAVELENGTH, BY TYPE, 2015–2019 (USD MILLION) 86
TABLE 48 PHOTOLITHOGRAPHY EQUIPMENT MARKET FOR 70 NM–1 NM WAVELENGTH, BY TYPE, 2020–2025 (USD MILLION) 87

8 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE 88
8.1 INTRODUCTION 89
FIGURE 33 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE, 2020 & 2025 89
TABLE 49 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE,
2015–2019 (USD MILLION) 89
TABLE 50 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY LIGHT SOURCE,
2020–2025 (USD MILLION) 90
8.2 MERCURY LAMPS 90
8.2.1 MERCURY LAMPS GENERATE DIFFERENT WAVELENGTHS SIMULTANEOUSLY 90
TABLE 51 MERCURY LAMP-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2015–2019 (USD MILLION) 90
TABLE 52 MERCURY LAMP-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2020–2025 (USD MILLION) 91
?
8.3 EXCIMER LASERS 91
8.3.1 INCREASED USE OF EXCIMER LASERS FOR MANUFACTURING SEMICONDUCTOR CHIPS AND MICRO STRUCTURING OF
GLASS AND PLASTICS 91
TABLE 53 EXCIMER LASER-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2015–2019 (USD MILLION) 91
FIGURE 34 ARFI SEGMENT TO HOLD LARGEST SIZE OF EXCIMER LASER-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET FROM 2025 TO 2025 92
TABLE 54 EXCIMER LASER-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2020–2025 (USD MILLION) 92
8.4 FLUORINE LASERS 92
8.4.1 SURGED USE OF FLUORINE LASERS AT 193 NM WAVELENGTH FOR
ARF IMMERSION (ARFI) 92
TABLE 55 FLUORINE LASER-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET,
BY TYPE, 2015–2019 (USD MILLION) 93
TABLE 56 FLUORINE LASER-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET,
BY TYPE, 2020–2025 (USD MILLION) 93
8.5 LASER-PRODUCED PLASMAS 93
8.5.1 RISEN GLOBAL DEMAND FOR EUV PHOTOLITHOGRAPHY EQUIPMENT FUELS GROWTH OF LASER-PRODUCED PLASMAS SEGMENT OF MARKET 93
TABLE 57 LASER-PRODUCED PLASMA-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2015–2019 (USD MILLION) 94
TABLE 58 LASER-PRODUCED PLASMA-BASED PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY TYPE, 2020–2025 (USD MILLION) 94

9 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY END USER 95
9.1 INTRODUCTION 96
FIGURE 35 FOUNDRIES SEGMENT TO LEAD PHOTOLITHOGRAPHY EQUIPMENT MARKET FROM 2020 TO 2025 96
TABLE 59 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY END USER,
2015–2019 (USD BILLION) 96
TABLE 60 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY END USER,
2020–2025 (USD BILLION) 97
9.2 INTEGRATED DEVICE MANUFACTURERS 97
9.2.1 INCREASED SPENDING OF INTEGRATED DEVICE MANUFACTURERS
FOR IN-HOUSE MANUFACTURING OF INTEGRATED CIRCUITS FUELS
MARKET GROWTH 97
9.3 FOUNDRIES 98
9.3.1 LARGE-SCALE ADOPTION OF EUV PHOTOLITHOGRAPHY-BASED
EQUIPMENT BY FOUNDRIES 98

10 GEOGRAPHIC ANALYSIS 100
10.1 INTRODUCTION 101
FIGURE 36 GEOGRAPHIC SNAPSHOT OF PHOTOLITHOGRAPHY EQUIPMENT MARKET FROM 2020 TO 2025 101
TABLE 61 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY REGION,
2015–2019 (USD MILLION) 101
TABLE 62 PHOTOLITHOGRAPHY EQUIPMENT MARKET, BY REGION,
2020–2025 (USD MILLION) 102
10.2 NORTH AMERICA 102
FIGURE 37 SNAPSHOT OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN
NORTH AMERICA 103
TABLE 63 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN NORTH AMERICA,
BY COUNTRY, 2015–2019 (USD MILLION) 103
TABLE 64 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN NORTH AMERICA,
BY COUNTRY, 2020–2025 (USD MILLION) 104
10.2.1 US 104
10.2.1.1 US to be largest market for photolithography equipment in
North America from 2020 to 2025 104
10.2.2 OTHERS 105
10.3 EUROPE 106
FIGURE 38 SNAPSHOT OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN EUROPE 107
TABLE 65 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN EUROPE, BY COUNTRY,
2015–2019 (USD MILLION) 107
TABLE 66 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN EUROPE, BY COUNTRY,
2020–2025 (USD MILLION) 108
10.3.1 GERMANY 108
10.3.1.1 Germany projected to be largest electronics manufacturer in
Europe from 2020 to 2025 108
10.3.2 ISRAEL 108
10.3.2.1 Intel invested USD 5.0 billion in expanding its Kiryat Gat production plant in Israel 108
10.3.3 FRANCE 108
10.3.3.1 Increased demand for semiconductor devices drive growth of photolithography equipment market in France 108
10.3.4 ITALY 109
10.3.4.1 Growth of IoT market in Italy to fuel demand for
semiconductors in country 109
10.3.5 NETHERLANDS 109
10.3.5.1 Presence of ASML in Netherlands 109
10.4 APAC 109
TABLE 67 SEMICONDUCTOR COMPANIES IN APAC 110
FIGURE 39 SNAPSHOT OF PHOTOLITHOGRAPHY EQUIPMENT MARKET IN APAC 110
TABLE 68 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN APAC, BY COUNTRY,
2015–2019 (USD MILLION) 111
TABLE 69 PHOTOLITHOGRAPHY EQUIPMENT MARKET IN APAC, BY COUNTRY,
2020–2025 (USD MILLION) 111
10.4.1 CHINA 111
10.4.1.1 Accelerated efforts in China to make its domestic semiconductors industry self-reliant 111
10.4.2 SOUTH KOREA 112
10.4.2.1 Increased number of patents related to photolithography filed by companies based in South Korea to boost market growth 112
10.4.3 JAPAN 112
10.4.3.1 Advancements in EUV testing to fuel market growth in Japan 112
10.4.4 TAIWAN 113
10.4.4.1 TSMC drives growth of photolithography equipment market in Taiwan 113
10.4.5 REST OF APAC 113
10.5 REST OF THE WORLD (ROW) 113
11 COMPETITIVE LANDSCAPE 114
11.1 OVERVIEW 114
11.2 REVENUE ANALYSIS OF TOP 3 PLAYERS 114
FIGURE 40 ASML DOMINATED PHOTOLITHOGRAPHY EQUIPMENT MARKET
FROM 2015 TO 2019 114
TABLE 70 NEW EQUIPMENT SALES OF ASML, 2000–2010 (UNITS) 115
TABLE 71 NEW EQUIPMENT SALES OF ASML, 2011–2019 (UNITS) 115
TABLE 72 NEW EQUIPMENT SALES OF ASML, 2020–2025 (UNITS) 115
TABLE 73 CUMULATIVE NEW EQUIPMENT SALES OF ASML, 2015–2019 (UNITS) 115
TABLE 74 CUMULATIVE NEW EQUIPMENT SALES OF ASML, 2020–2025 (UNITS) 116
TABLE 75 NEW EQUIPMENT SALES OF CANON, 2000–2010 (UNITS) 116
TABLE 76 NEW EQUIPMENT SALES OF CANON, 2011–2019 (UNITS) 116
TABLE 77 NEW EQUIPMENT SALES OF CANON, 2020–2025 (UNITS) 116
TABLE 78 CUMULATIVE NEW EQUIPMENT SALES OF CANON, 2015–2019 (UNITS) 116
TABLE 79 CUMULATIVE NEW EQUIPMENT SALES OF CANON, 2020–2025 (UNITS) 117
TABLE 80 NEW EQUIPMENT SALES OF NIKON, 2000–2010 (UNITS) 117
TABLE 81 NEW EQUIPMENT SALES OF NIKON, 2011–2019 (UNITS) 117
TABLE 82 NEW EQUIPMENT SALES OF NIKON, 2020–2025 (UNITS) 117
TABLE 83 CUMULATIVE NEW EQUIPMENT SALES OF NIKON, 2015–2019 (UNITS) 117
TABLE 84 CUMULATIVE NEW EQUIPMENT SALES OF NIKON, 2020–2025 (UNITS) 118
11.3 MARKET SHARE ANALYSIS, 2019 118
FIGURE 41 TOP 3 PLAYERS DOMINATED PHOTOLITHOGRAPHY EQUIPMENT
MARKET IN 2019 118
TABLE 85 LIST OF FABRICATION FACILITIES OF SAMSUNG 119
TABLE 86 LIST OF FABRICATION FACILITIES OF TSMC 119
TABLE 87 LIST OF FABRICATION FACILITIES OF GLOBAL FOUNDRIES 120
TABLE 88 LIST OF FABRICATION FACILITIES OF UMC 120
TABLE 89 LIST OF FABRICATION FACILITIES OF SMIC 121
TABLE 90 LITHOGRAPHY TECHNOLOGY ADOPTION BY MAJOR FOUNDRIES 121
11.4 COMPANY EVALUATION MATRIX 121
11.4.1 STAR 122
11.4.2 PERVASIVE 122
11.4.3 EMERGING LEADER 122
11.4.4 PARTICIPANT 122
FIGURE 42 PHOTOLITHOGRAPHY EQUIPMENT MARKET (GLOBAL)
COMPANY EVALUATION QUADRANT, 2019 123
11.4.5 PRODUCT FOOTPRINT ANALYSIS OF TOP PLAYERS 124
TABLE 91 PRODUCT FOOTPRINT OF COMPANIES 124
TABLE 92 REGIONAL FOOTPRINT OF COMPANIES 124
11.5 COMPETITIVE SITUATIONS AND TRENDS 125
TABLE 93 PHOTOLITHOGRAPHY EQUIPMENT MARKET: PRODUCT LAUNCHES
AND DEVELOPMENTS 125
TABLE 94 PHOTOLITHOGRAPHY EQUIPMENT MARKET: AGREEMENTS 126

12 COMPANY PROFILES 127
12.1 KEY PLAYERS 127
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View)*
12.1.1 ASML HOLDING N.V. 127
FIGURE 43 ASML HOLDING N.V.: COMPANY SNAPSHOT 127
12.1.2 NIKON CORPORATION 130
FIGURE 44 NIKON CORPORATION: COMPANY SNAPSHOT 130
12.1.3 CANON INC. 133
FIGURE 45 CANON, INC.: COMPANY SNAPSHOT 133
12.1.4 NUFLARE TECHNOLOGY INC. 136
FIGURE 46 NUFLARE TECHNOLOGY INC.: COMPANY SNAPSHOT 136
12.1.5 ONTO INNOVATION INC. 138
FIGURE 47 OTNO INNOVATION INC.: COMPANY SNAPSHOT 138
12.1.6 VEECO INSTRUMENTS INC. 142
FIGURE 48 VEECO INSTRUMENTS INC.: COMPANY SNAPSHOT 142
12.1.7 SUSS MICROTEC AG 144
FIGURE 49 SUSS MICROTEC AG: COMPANY SNAPSHOT 144
12.1.8 NEUTRONIX QUINTEL 146
12.1.9 EV GROUP 148
12.1.10 EULITHA AG 149
12.1.11 NIL TECHNOLOGY 151
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.

13 ADJACENT & RELATED MARKETS 152
13.1 INTRODUCTION 152
13.2 LIMITATIONS 152
13.3 EXTREME ULTRAVIOLET LITHOGRAPHY MARKET 152
13.3.1 MARKET DEFINITION 152
13.3.2 MARKET OVERVIEW 152
13.4 EXTREME ULTRAVIOLET LITHOGRAPHY MARKET, BY GEOGRAPHY 153
TABLE 95 EUVL MARKET, BY GEOGRAPHY, 2016–2023 (USD BILLION) 153
TABLE 96 EUVL MARKET IN AMERICAS, BY END USER, 2016–2023 (USD BILLION) 153
TABLE 97 EUVL MARKET IN AMERICAS, BY END USER, 2016–2023 (UNITS) 153
TABLE 98 EUVL MARKET IN APAC, BY END USER, 2016–2023 (USD BILLION) 153
TABLE 99 EUVL MARKET IN APAC, BY END USER, 2016–2023 (UNITS) 154
13.5 EUVL MARKET, BY END USER 154
TABLE 100 EUVL MARKET, BY END USER, 2016–2023 (USD BILLION) 154

14 APPENDIX 155
14.1 INSIGHTS FROM INDUSTRY EXPERTS 155
14.2 DISCUSSION GUIDE 156
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 159
14.4 AVAILABLE CUSTOMIZATION 161
14.5 RELATED REPORTS 161
14.6 AUTHOR DETAILS 162