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.
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
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growing market for semiconductor manufacturing
3.4.1.2. Increase in technical innovation in the electronics industry
3.4.1.3. Rising adoption of steppers in photolithography process
3.4.2. Restraints
3.4.2.1. High cost of a semiconductor stepper system
3.4.3. Opportunities
3.4.3.1. Increasing adoption of AI-enabled chips connected devices across the globe
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: SEMICONDUCTOR STEPPER SYSTEMS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Extreme ultraviolet (EUV)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Deep ultraviolet (DUV)
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
CHAPTER 5: SEMICONDUCTOR STEPPER SYSTEMS MARKET, BY BUSINESS
5.1 Overview
5.1.1 Market size and forecast
5.2. OEM
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Aftermarket
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
CHAPTER 6: SEMICONDUCTOR STEPPER SYSTEMS MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2. Micro-Electro-Mechanical System (MEMS)
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. LED Devices
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Advanced Packaging
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
CHAPTER 7: SEMICONDUCTOR STEPPER SYSTEMS MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Business
7.2.4 North America Market size and forecast, by Application
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Type
7.2.5.1.3 Market size and forecast, by Business
7.2.5.1.4 Market size and forecast, by Application
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Type
7.2.5.2.3 Market size and forecast, by Business
7.2.5.2.4 Market size and forecast, by Application
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Type
7.2.5.3.3 Market size and forecast, by Business
7.2.5.3.4 Market size and forecast, by Application
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Business
7.3.4 Europe Market size and forecast, by Application
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Type
7.3.5.1.3 Market size and forecast, by Business
7.3.5.1.4 Market size and forecast, by Application
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Type
7.3.5.2.3 Market size and forecast, by Business
7.3.5.2.4 Market size and forecast, by Application
7.3.5.3 UK
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Type
7.3.5.3.3 Market size and forecast, by Business
7.3.5.3.4 Market size and forecast, by Application
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Type
7.3.5.4.3 Market size and forecast, by Business
7.3.5.4.4 Market size and forecast, by Application
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Type
7.3.5.5.3 Market size and forecast, by Business
7.3.5.5.4 Market size and forecast, by Application
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Business
7.4.4 Asia-Pacific Market size and forecast, by Application
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Type
7.4.5.1.3 Market size and forecast, by Business
7.4.5.1.4 Market size and forecast, by Application
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Type
7.4.5.2.3 Market size and forecast, by Business
7.4.5.2.4 Market size and forecast, by Application
7.4.5.3 South Korea
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Type
7.4.5.3.3 Market size and forecast, by Business
7.4.5.3.4 Market size and forecast, by Application
7.4.5.4 India
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Type
7.4.5.4.3 Market size and forecast, by Business
7.4.5.4.4 Market size and forecast, by Application
7.4.5.5 Taiwan
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Type
7.4.5.5.3 Market size and forecast, by Business
7.4.5.5.4 Market size and forecast, by Application
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Type
7.4.5.6.3 Market size and forecast, by Business
7.4.5.6.4 Market size and forecast, by Application
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Business
7.5.4 LAMEA Market size and forecast, by Application
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Type
7.5.5.1.3 Market size and forecast, by Business
7.5.5.1.4 Market size and forecast, by Application
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Type
7.5.5.2.3 Market size and forecast, by Business
7.5.5.2.4 Market size and forecast, by Application
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Type
7.5.5.3.3 Market size and forecast, by Business
7.5.5.3.4 Market size and forecast, by Application
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Canon Inc.
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 JEOL Ltd.
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 SUSS MicroTec SE
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 S-Cubed
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Veeco Instruments Inc.
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 Carl Zeiss AG
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 ASML Holdings N. V.
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Nikon Corporation
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 Onto Innovation, Inc
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Vistec Electron Beam GmbH
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Semiconductor Stepper Systems Market,' The semiconductor stepper systems market was valued at $18.2 billion in 2021, and is estimated to reach $45 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031. The semiconductor stepper system is one of the core components of the modern semiconductor manufacturing industry. Its primary objective is to help in projecting an extremely reduced the size of an integrated circuit’s design on a silicon wafer, during a photolithography process.Key factors driving the growth of the semiconductor stepper systems market include developments in the market for semiconductor manufacturing, increase in technological innovation in the electronics industry, and rise in adoption of steppers in the photolithography process. The electronics industry is evolving rapidly, manufacturers such as Samsung, LG, Intel, and others are innovating their offerings with every iteration of their products and challenging the limits of Moore’s Law. Moore’s law states that the number of transistors on a microchip doubles about every two years, making it difficult to make smaller chips with each development. The life of today’s generation is largely dependent on electronic devices such as smartphones, laptops, television, and others. Therefore, to enhance the functioning of electronic products companies are coming up with the latest technology. For instance, in June 2022, Samsung began production of 3-nanometer chips. Similarly, in August 2022, Taiwan Semiconductor Manufacturing Company Limited announced that it would also start production of 3-nanometer chips, and had already started R&D on 1.4-nanometer chip technology. In addition, the integration of semiconductor components in a chip is also evolving, in order to reduce the IC size, while making it more power efficient. Such developments in the electronics industry are driving the demand for semiconductor stepper systems.
The market also offers growth opportunities to the key players in the market. The global shortage of semiconductors is forcing countries across the world to develop their own domestic semiconductor industry. For instance, the U.S. government under president Biden’s administration has brought in the Innovation and Competition Act and intends to spend $52 billion on the semiconductors sector. Such investments are expected to provide lucrative growth opportunities for the semiconductor stepper system market growth.
The semiconductor stepper systems market is segmented on the basis of type, application, business, and region. By type, the market is bifurcated into extreme ultraviolet (EUV), and deep ultraviolet (DUV). On the basis of the business, it is bifurcated 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
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. The players in the market have been actively engaged in the adoption of various strategies such as business expansion, product launch, and collaboration to remain competitive and gain advantage over the competitors in the market. For instance, in August 2022, Onto Innovation, Inc. expanded its presence in Asia by establishing a new training, demonstration, and solutions development center in South Korea, focused on its broad line of inspection, metrology, and lithography solutions. This is anticipated to propel the growth of the semiconductor stepper systems market.
Key Market Insights
By type, the deep ultraviolet (DUV)segment was the highest revenue contributor to the market and is estimated to reach $36,078.0 million by 2031, with a CAGR of 9.3%. However, the extreme ultraviolet (EUV) segment is estimated to be the fastest-growing segment with a CAGR of 10.3% during the forecast period.By business, the OEM segment dominated the global market. However, the aftermarket segment is expected to be the fastest-growing segment with a CAGR of 10.0% during the forecast period.
Based on application, the Micro-Electro-Mechanical System (MEMS) segment was the highest revenue contributor to the market and is expected to grow with a CAGR of 8.7% during the forecast period.
Based on region, Asia-Pacific garnered the largest revenue share in 2021, and the same is anticipated to grow at the highest CAGR of 9.8% during the forecast period
Companies Mentioned
- 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
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 263 |
| Published | November 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 18156.4 million |
| Forecasted Market Value ( USD | $ 44974.5 million |
| Compound Annual Growth Rate | 9.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
