DUV Lithography Systems Market Revenue Expected to Record Steady Growth During COVID-19 Affected Period
The DUV Lithography Systems Market is expected to surpass the value of US$12.1 billion by 2031, expanding at a CAGR of 4.1% during the forecast period 2021-2031
ALBANY, NY, USA, January 24, 2022 /EINPresswire.com/ — Transparency Market Research provides key insights into the global market DUV Lithography Systems Market. In terms of revenue, the global DUV Lithography Systems market is expected to grow at a CAGR of 4.1% during the forecast period, driven by numerous factors, about which TMR offers in-depth insights and forecasts in its report. in the global market for DUV lithography systems.
The global DUV lithography systems market is widely affected by several factors including increasing application areas, expanding semiconductor industry, and technological advancements. Thus, the growing applications of DUV lithography systems in different industries is propelling the global market.
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DUV Lithography Systems Market: Dynamics
The adoption of DUV lithography systems in the manufacture of chips for 5G, artificial intelligence, and IoT in various sectors such as telecommunications, healthcare and consumer electronics has increased. This is expected to provide a lucrative opportunity for the lithography market. In addition, the demand for connectivity solutions for 5G, such as necessary equipment for network expansion, 5G-enabled devices and data center expansion, has increased. Advanced chips are continuously used in devices such as sensors and communication devices. These factors are driving the DUV lithography system market.
The use of Argon Fluoride (ArF) laser technology XLR 960ix is increasing due to its higher power, improved energy stability, higher bandwidth and wavelength stability. In addition, this technology improves local critical dimension (CDU) uniformity, decreasing pattern defects in IC fabrication, and increases throughput of immersion lithography systems. In addition, manufacturers emphasize technological developments. For example, Cymer has introduced its new seventh-generation argon fluoride (ArF) laser technology, called the XLR 960ix. These factors are driving the DUV lithography system market.
The increase in the use of multiple patterning in the chip manufacturing process is further driving the market. It is used to increase feature density and to overcome process limitations. These advantages allow devices, such as smartphones, laptops, tablets, etc., to pack various functions into small and lightweight packages. This technique includes litho-etching-litho-etching (LELE) and self-aligned patterning, which are useful for creating holes, 2D lines, and unidirectional lines. Additionally, this technique is used by foundry manufacturers for 7nm and beyond node processes in the semiconductor industry. Therefore, multiple patterning plays a crucial role in chip fabrication to provide smaller and higher performance devices. These factors are driving the DUV lithography systems market.
However, the high costs associated with DUV lithography systems, the need for regular maintenance, the risk of unknown technical defects, and the complexity of the manufacturing process are key factors expected to hamper the DUV lithography systems market.
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DUV Lithography Systems Market: Major Regions
The North America DUV lithography systems market is expected to grow over the forecast period, owing to the presence of key market players, advancements in technology, and the increasing use of DUV lithography systems in the semiconductors in the region. The market for DUV lithography systems in Europe and the Middle East is expected to grow at a steady pace over the forecast period, owing to the low presence of semiconductor manufacturers. However, the rise in investments can have a positive impact on the market in these regions. The Asia Pacific DUV Lithography System Market is expected to grow at a significant rate over the forecast period, owing to an increase in the usage of DUV Lithography Systems, the presence of a large number of of actors designing and producing DUV lithography systems, the presence of large foundries, and the expansion of the semiconductor industry in the region.
DUV Lithography Systems Market: Key Players
The major players operating in the global DUV lithography systems market are Canon Inc., Nikon Corporation, and ASML Holdings.
Growing demand for advanced miniaturized packaging: a key driver
Advancements have been seen in consumer electronics and miniaturization of devices in recent years. Miniaturized chips are gaining popularity in lightweight, thin, and high-complexity ICs, due to increased demand for wearables, smartphones, and smart devices. Miniaturization allows chip makers to fit more structures and makes the chip faster, more efficient and reduces manufacturing costs.
Advances in lithography processes also play an important role in the miniaturization of next-generation electronic devices. Semiconductor industry suppliers are focusing on the development of miniaturized electronics with low power consumption. These factors are driving the DUV lithography system market.
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Growing wafer processing and fabrication capabilities in the semiconductor industry
Currently, the semiconductor industry is focused on increasing its production capacity due to the worldwide shortage of chips. Major industry players are focusing on investing in developing new manufacturing processes and expanding older facilities. Thus, increasing adoption of new factories and investment in manufacturing technology is driving the market for DUV lithography systems.
For example, TSMC, which is Taiwan’s first pure play foundry, has a large share of the global market and has spent 80% of its capital to expand the capabilities of advanced chip-making technologies and to invest in deep UV lithography. These factors are fueling the growth of the market.
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