EUV lithography market is estimated for a staggering CAGR of 21.5% during the forecast period of 2022-2029. Miniaturization of integrated circuits and microchips elevated wafer production, and consistent growth of the semiconductors industry is anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe.
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.
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Key Takeaways
A list of Key Players Covered in the EUV Lithography Market are:
EUV Lithography Market – A Monopoly
A single manufacturer leads the EUV lithography market. ASML is the sole manufacturer of EUV lithography systems in the world today and holds a monopoly in the market. The company is focused on acquiring stakes in key companies, which provide supporting technology for the manufacturing of EUV lithography systems. It is also engaged in collaborations with solution providers to help in the R&D and development of future generations of EUV lithography systems.
Will EUV Dominate Lithography Systems?
In the present lithography market, EUVs are a new and upcoming technology, with the first commercial product being sold in 2016. Given their ability to process light onto microchips of very small surfaces and with the growing adoption of technologies demanding miniaturization of microchips, the EUV lithography market is anticipated to capture a huge market share of lithography systems in the coming years.
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Know More About Report Inclusions
Future Market Insights’ new market research report on the EUV lithography market includes a global industry analysis for 2014–2021 and an opportunity assessment for 2022–2029. The report details EUV lithography market demand by end-use across three different regions, the Americas, EMEA, and the Asia Pacific.
The research report also offers global consumer electronics demand trends, the impact of wide-scale 5G technology and IoT adoption, wafer production trends, the installed base of EUV lithography systems as well as market demand patterns across the mentioned regions.
Global EUV Lithography Market by Category
By End Use :
By Region :
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