Veeco's Overview - Veeco's 2024 revenue is projected to be approximately $710 million[6] - The company anticipates its Served Available Market (SAM) to reach approximately $43 billion[9] - Veeco projects a Compound Annual Growth Rate (CAGR) of approximately 15% for its SAM[10] Semiconductor Market - The semiconductor SAM is expected to grow to approximately $20 billion[9] - Laser Spike Annealing (LSA) SAM is projected to grow from approximately $600 million to approximately $750 million, with a projected CAGR of approximately 20%[12] - Nanosecond Annealing (NSA) SAM is projected to grow from $0 million to approximately $450 million[12] - Ion Beam Deposition (IBD) for EUV mask blanks is expected to grow from approximately $50 million to approximately $100 million[12] - IBD300 for Front End Semi is expected to grow from $0 million to approximately $350 million[12] Compound Semiconductor Market - The compound semiconductor SAM is expected to grow to approximately $18 billion[9] - SiC Power Electronics SAM is projected to grow from approximately $350 million to approximately $650 million[33] - GaN Power Electronics SAM is projected to grow from approximately $100 million to approximately $300 million[33] - MicroLED SAM is projected to grow from $0 million to approximately $200 million[33] Financial Performance - Semiconductor revenue is expected to increase from 37% of total revenue in 2020 to over 60% in 2024[40]