The EUV lithography market (EUVL) is expected to increase from US$ 1.51 billion in 2020, and is expected to reach US$ 9.82 Bn by 2027, growing at a CAGR of 26.7% during the forecast period.
The rising trend of miniaturization and a reduction in process complexity with the cost of factors are driving the global EUV lithography market.
The factors driving the growth of the market are the trend of miniaturization and a reduction in process complexity with the cost factor. Extreme UV lithography uses the smallest wavelength to create circuits with smart features and obtain an output with better resolution. It is said to be a next-generation lithography technology.
Lithography is primarily an integrated circuit onto semiconductor wafers to print complex patterns. EUV lithography is one of the leading next generation lithography technologies. High power EUV radiation is produced by prominent technologies such as discharge-produced plasma & laser-produced plasma.
We can get compact electronic chips with less power requirements using EUVL. This technology is cost-effective and has features like enhanced resolving power. In the near future, the global extreme ultraviolet lithography systems market is expected to witness moderate growth. However, the risk of unknown technical flaws and limited acceptance are estimated to hamper market growth. The emergence of LTE and 5G and Artificial Intelligence systems is expected to ramp up the production of suitable microchips and processors using EUV lithography systems. Both technologies will have a high impact on the growth of the target market.
Wafer-processing capability and increasing demand from fab-less players are the major drivers for the growth of EUV lithography market in APAC. The world’s leading foundry acquiring more than 50% of the revenue is TSMC (Taiwan), which has started investing in the expansion of its wafer-processing capability and has planned to invest in EUV lithography industry. The foundry holds the highest number of wafer-processing capabilities than any other leading players in the semiconductor manufacturing industry.
With minimum power requirements, we get compact electronic chips with the help of EUV Lithography. This is an advanced technology which includes features to enhance the resolving power and to make it cost effective. This results in the rapid growth of the continuous delivery market. The adoption of EUV lithography in the region is estimated to be significantly boosted by the rising market for performance and storage memory in growing consumer applications in APAC. China, Japan, Taiwan, and South Korea are the leading countries in APAC that are dealing with semiconductor electronics manufacturing. However, the growth of the global EUV lithography market is estimated to be hampered by limited acceptance and the risk of unknown technical flaws. The rising trend of miniaturization and reduction in process complexity and cost the factors driving market growth.