Miniaturisation of integrated circuits and microchips increased wafer production, and the semiconductor industry’s consistent growth is expected to propel the adoption of EUV Lithography Market into chip manufacturing around the world. The EUV lithography market is expected to grow at a staggering 21.5% CAGR between 2022 and 2029.
Key Takeaways
- The reduction of microchip sizes to incorporate them into shrinking semiconductors is one of the prime factors that resulted in the development of EUV lithography technology.
- The emergence of artificial intelligence (AI), machine learning, industrial IoT (IIoT), and autonomous driving has been driving the miniaturization of microchips, subsequently creating the need for EUV lithography in chip manufacturing.
- Constant innovation, R&D, and retrofitting of installed systems to improve wafer production, are anticipated to remain key trends in the EUV lithography market.
- Integrated device manufacturers (IDM) and foundries are projected to create the bulk of the demand for EUV lithography systems, as they are responsible for the majority of the microchip and integrated circuit (IC) demand across industries.
- Acquisition of stakes in key technology-based companies to complement product development is anticipated to remain a prominent trend in the market.
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Currently, many IDMs and foundries are cautious in the adoption of EUV lithography in chip manufacturing, given the infancy of the technology and high upfront costs. However, with continuous innovation and R&D, products are expected to become more efficient and cheaper.
A list of Key Players Covered in the EUV Lithography Market are:
- ASML
- Nikon
- Canon
- Carl Zeiss
- Toppan Printing
- NTT Advanced Technology
- Intel
- Samsung
- SK Hynix
- Toshiba
- TSMC
- Global Foundries
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