Extreme Ultraviolet Lithography (EUVL) Market: Top Companies, Sales, Revenue, Fo

Posted by Sakshi Mishra on December 30th, 2019

According to a new market research report titled ‘Extreme Ultraviolet Lithography Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research, the global extreme ultraviolet lithography market is expected to reach value of US$ 3,807.5 Mn by 2026, expanding at a CAGR of 26.8% from 2018 to 2026. According to the report, the global market is expected to be influenced by a range of macroeconomic and market-specific factors during the forecast period. In terms of demand, Asia Pacific is projected to lead the global market, with the market in the region expanding at a CAGR of 28.6% between 2018 and 2026. Advancements in the miniaturization of electronic devices and reduced number of masking layers are anticipated to significantly drive the market during the forecast period.

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Growing adoption of miniaturization to drive the global extreme ultraviolet lithography market

The global extreme ultraviolet lithography is projected to expand at a significant growth rate during the forecast period, due to growing adoption of miniaturization and sophistication of electronic circuit devices. The cutting-edge EUV lithography system enables customers to manufacture smaller, more rapid, and more powerful chips, giving rise to the demand for extreme ultraviolet lithography. Also, the conventional argon fluoride (ArF) immersion technology requires expensive multi-patterning mask sets. This technology needs up to four masks to create a silicon wafer layer, while the EUV lithography technology requires only a single mask to create the layer. This factor is likely to augment the extreme ultraviolet lithography market in the next few years.