According to the latest report by IMARC Group, titled “Lithography Systems Market: Global Industry, Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global lithography systems market size reached US$ 9 Billion in 2021. Lithography, also known as semiconductor lithography, is the process of creating shapes, patterns, dimensions, and locations of various components in an integrated circuit (IC). This is primarily used to print on a wide range of surfaces, including leather, cloth, catalogs, magazines, plastic, wood, and metal, with optimal image quality at a relatively lower cost. As lithography system creates sharp, smooth and clear images, it is widely utilized to microfabricate a major fraction of a planar surface or several parts of a thin film.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Lithography Systems Market Trends:
Significant technological advancements in lithography systems have enabled end users to utilize them in a variety of wavelengths ranging from high-resolution wavelengths of 193 nanometers to blue wavelengths. This represents one of the primary factors strengthening the market growth. Moreover, increasing applications of semiconductor integrated circuits (IC) in communication, memory devices, electronic devices and sensor devices are acting as another major growth-inducing factor. Additionally, the escalating demand for smart technologies, such as smart homes, smartphones and fitness trackers, which require ICs developed from lithography systems, is positively influencing the growth of the market. The leading manufacturers are investing in the research and development (R&D) activities and coming up with cutting edge technologies and a variety of ultra-high-precision semiconductor photolithography tools with a reduced cost per function. This is anticipated to foster the lithography market growth around the world further. Looking forward, the market is projected to reach US$ 12 Billion by 2027, expanding at a CAGR of 4.8% during the forecast period (2022-2027).
- On the basis of the technology, the market has been classified into ArF immersion, KrF, i-line, ArF dry and EUV. At present, ArF immersion holds the largest market share.
- Based on the end-use, the market has been segmented into foundry, memory, and integrated device. Foundry currently accounts for the majority of the total market share.
- Region-wise, Asia Pacific enjoys the leading position in the market. Other major regions include North America, Europe, Latin America, and Middle East and Africa.
- The competitive landscape of the market has been examined, with some of the key players being ASML Netherlands B.V., Canon Inc., Nikon Corporation, NuFlare Technology, Inc., Veeco Instruments Inc. and SÜSS MicroTec SE.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Follow us on twitter : @imarcglobal