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EUV Lithography Systems Market Size, Top Key Players, Latest Trends By 2022

EUV Lithography Systems Market

By the end of 2021, global EUV Lithography sales were estimated to be worth roughly US$ 4,648.6 million. Between 2022 and 2029, the market is expected to grow at a 21.5 percent CAGR, reaching a value of US$ 22,978.6 Mn. The term “extreme ultraviolet” relates to the wavelength of light. One of the primary aspects driving the global use of this technology is the increase in advanced lithographic systems.

Miniaturization of integrated circuits and microchips increased wafer production, and the semiconductor industry’s steady expansion is expected to accelerate EUV lithography adoption into chip manufacturing around the world. During the projected period of 2022-2029, the EUV lithography market is expected to grow at a stunning 21.5 percent CAGR.

Important Takeaways

  • One of the primary motivations that led to the creation of EUV lithography technology was the decrease of microprocessor sizes to fit them into smaller semiconductors.
  • Artificial intelligence (AI), machine learning, industrial IoT (IIoT), and autonomous driving have all accelerated the shrinking of microchips, necessitating EUV lithography in chip fabrication.
    In the EUV lithography market, constant innovation, R&D, and retrofitting of existing systems to boost wafer production are expected to remain major trends.
  • The majority of demand for EUV lithography systems is expected to come from integrated device manufacturers (IDM) and foundries, as they account for the majority of the microchip and integrated circuit (IC) demand across industries.
  • Acquisitions of major technology-based enterprises to supplement product development are expected to continue to be a popular trend in the market.
  • Given the technology’s infancy and high initial costs, many IDMs and foundries are currently wary of using EUV lithography in chip fabrication. Products are projected to become more efficient and less expensive as a result of constant innovation and R&D.

A Monopoly in the EUV Lithography Market

A single company dominates the EUV lithography market. ASML is the world’s only manufacturer of EUV lithography systems, with a monopoly on the market. The company is concentrating on acquiring shares in important companies that supply supporting technology for EUV lithography system manufacturing. It also works with solution providers to assist in the R&D and development of future generations of EUV lithography systems.

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