Global EUV Lithography Market to Reach USD 22.98 Billion by 2029, Growing at 21.5% CAGR

In 2021, global EUV lithography sales were valued at approximately USD 4,648.6 million. By 2029, the market is projected to grow at a robust CAGR of 21.5%, reaching an estimated value of USD 22,978.6 million. The adoption of this technology is fueled by advancements in lithographic systems, the growing demand for miniaturized chips, and the steady expansion of the semiconductor industry.

The EUV lithography market is set for significant growth, driven by the ongoing miniaturization of integrated circuits and microchips, increasing wafer production demands, and the continuous expansion of the semiconductor industry. As technology advances, EUV lithography is becoming essential to meet the finer resolution requirements of modern semiconductor manufacturing processes.

EUV lithography, a specialized segment of the semiconductor industry, focuses on producing and utilizing cutting-edge systems for advanced chip manufacturing. This technology enables the creation of intricate patterns on silicon wafers, allowing for the development of smaller, faster, and more powerful semiconductors.

 EUV Lithography Market
EUV Lithography Market

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

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

Global EUV Lithography Market by Category

By End Use:

  • Integrated Device Manufacturer (IDM)
  • Foundry
  • Memory

By Region:

  • Americas
  • EMEA
  • Asia Pacific

Report Preview: https://www.futuremarketinsights.com/reports/euv-lithography-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogsYouTube

Leave a comment

Your email address will not be published. Required fields are marked *