Global Extreme Ultraviolet (EUV) Lithography Market, by Equipment (Mask, Mirrors, Light Source, and Others), by End User (Integrated Device Manufacturers (IDM), Foundry, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Global Forecast to 2028, is expected to be valued at US$ 29,648.4 million by 2028, exhibiting a CAGR of 26.1% during the forecast period (2021-2028), as highlighted in a report published by Coherent Market Insights.
Extreme ultraviolet (EUV) lithography is an advanced version of lithography which is used in chip printing and wafer fabrication. EUV lithography requires a variety of element technologies which include the masks, light source, mirrors, optics, photoresist, and other lithography tools.
The global extreme ultraviolet (EUV) lithography market is estimated to account for US$ 4,660.4 Mn in 2020.
Increasing Use of Smartphone
Increasing use of smartphone is one of the factor which drives the growth of the global extreme ultraviolet (EUV) lithography market. For instance, according to the U.S. General Services Administration, smartphone and tablet accounted for 36% of all internet traffic in December 2015, which increased to 43% in December 2016. Furthermore, rising disposable income and urbanization exhibits significant growth during the forecast period. The rising demand for new technology premium 5G smartphones and high adoption of 5G network generates the demand for high speed data transfer. For instance according to Coherent Market Insight’s report, the number of smart phone users in the U.S. increased from 209.5 million in 2016 to 273.3 million in 2020.
Growing investment and research & development activities related to extreme ultraviolet (EUV) lithography technology.
Growing investment extreme ultraviolet (EUV) lithography is expected to fuel the growth of the global extreme ultraviolet (EUV) lithography market in forecast period. For instance, from July 2, 2021, Micron Technology will start investing in next-generation EUV facilities in earnest. Micron said the increase was mainly due to EUV facility investment. Micron is planning to install ASML Holding’s (innovation leader in the semiconductor industry) new EUV lithography equipment NXE:3600D at its research facilities at the end of this year. The company is expected to apply the new equipment to mass-production lines for experimental purposes before using it for volume production in earnest.
Adoption extreme ultraviolet (EUV) lithography technology by foundries
Adoption of extreme ultraviolet (EUV) lithography technology by various foundries such as, Samsung, Taiwan Semiconductor Manufacturing Company, Limited, and other for chip manufacturing and wafer fabrication propelling the growth of extreme ultraviolet (EUV) lithography market. For instance, in February 2018, Qualcomm announced Qualcomm Snapdragon 5G mobile chipsets which are manufactured by using Samsung’s 7nm LPP EUV technology. Furthermore, in August 2020, Samsung announced the production of 16 GB LPDDR5 memory modules on its 10nm-class “1z” foundry node. These chips are the first LPDDR5 modules built using extreme ultraviolet lithography, which both Samsung and TSMC are in the process of deploying. Samsung integrate EUV directly with its first-generation 7nm node, while TSMC tackle that process in two steps.
Global Extreme Ultraviolet (EUV) Lithography Market - Impact of Coronavirus (Covid-19) Pandemic
The global extreme ultraviolet (EUV) lithography market was affected, as several key players in the market had to temporarily closedown in order to safeguard health of their employees. Furthermore, on the supply chain side, unavailability of raw materials for manufacturing of components due to complete lockdown is a major restraint for the growth of the market. Due to delay in supply of raw materials and components, the manufacturing companies were unable to deliver the products in the market. Therefore, the global extreme ultraviolet (EUV) lithography market is affected by the pandemic. As governments of various countries are releasing lockdown restrictions in some extent, production is resuming, however, companies are still working with partial employees on the shop floor and remaining from home. Therefore, the manufacturers of various electronic and semiconductor components are experiencing delay in completing their production target.
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Key players operating in the global extreme ultraviolet (EUV) lithography market include Canon Inc., Samsung Electronics Co. Ltd, Toppan Photomasks Inc., Ushio, Inc., ASML Holding NV, NTT Advanced Technology Corporation, Nikon Corporation, Intel Corporation, and Taiwan Semiconductor Manufacturing Company Limited.
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