FMI Forecasts Demand for EUV Lithography to Increase at 22% CAGR through 2029

VALLEY COTTAGE, N.Y. – A new study by Future Market Insights (FMI) projects that the EUV lithography market size will grow from US$ 2 Bn in 2018 to US$ 22 Bn by 2029. Improving reflectivity of mirrors with minimal absorption, developing defect-free masks, and increasing the output power of EUV light to increase the overall efficiency of EUV lithography are the major technological advancements that are boosting the market growth.

EUV lithography is a next-generation technology that is expected to bring photolithography in semiconductor manufacturing. Additionally, growing wafer capacities in the industry are driving the demand for EUV lithography worldwide. Furthermore,  penetration of IoT and advent of 5G are a few of the major trends that are expected to propel the market growth in near future. Demand for EUV lithography is also gaining a boost from significant growth in cloud computing and rise of mobile communication along with growing economy around the globe.

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“The EUV lithography technology has undergone tremendous R&D over a decade to refine and improve the system performance as well as cost-effectiveness to attract a large number of consumers to adopt EUV in microchip patterning,” says FMI analyst.

Foundry Remains Top Application Area  

Application of EUV lithography in foundries is projected to surpass US$ 10 Bn by 2029. Significant technological advancements and increasing demand for advanced packaging for miniaturized devices continue to influence the application scope of EUV lithography. Additionally, adoption by integrated device manufacturers (IDMs) is projected to grow at a highly notable CAGR of 25% through to 2029. Some of the innovations projected to catapult the EUV lithography market growth are:

  • Samsung Makes Major Stride in EUV lithography Technology

In April 2019, Samsung Electronics, a global leader in advanced semiconductor technology, announced completion of 5-nanometer FinFET process technology in its development. The product is also ready for customers’ sample test. Samsung is proving its leadership in advanced foundry market by adding another cutting-edge node to its EUV-based process offerings. Additionally, with power performance area enhancements from 7nm to 5nm, customers can fully utilize Samsung’s highly sophisticated EUV lithography technology.

Preview Analysis of 2019 Analysis and Review of EUV Lithography Market by End Use – IDM, Foundries, Memory, and Fabless for 2019 – 2029:https://www.futuremarketinsights.com/reports/euv-lithography-market

  •  Huawei Slated to Unveil the Kirin 990 SoC 

In September 2019, Huawei Technologies Co. Ltd, a leading Chinese smartphone manufacturer, announced a launch of a 5G version of Kirin 990 chip made in the TSMC 7nm process with EUV lithography along with a non-5G version made in conventional TSMC 7nm process. This SoC is expected to provide 20% more transistor density and increased power efficiency.

APAC’s EUV Lithography Market to Surpass US$ 16 Bn Revenue

APAC subjugated the global EUV lithography market with approximately one-third of the total revenue share in 2019, and the region will continue to maintain its lead through to 2029. This growth is attributed to growing presence of fab-less players in various foundries and rising number of wafer processing capabilities in the marketplace. Additionally, strong presence of leading IDMs and foundries investing in the expansion of their wafer-processing capability and subsequently in EUV lithography technology will guide the future of the APAC’s market.

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