Wilmington, Delaware, United States, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - Growth in trend of miniaturization of electronics is propelling the application of smaller and denser chips and integrated circuits for applications in 5G, AI, and IoT systems and is likely to bolster the DUV lithography systems market development. Advancements in fabrication techniques have led to continuous semiconductor device scaling, and DUV lithography systems enable semiconductor companies to improve production of miniaturized wafers. The global DUV lithography systems industry was valued at US$ 8.6 Bn in 2022, and is projected to reach US$ 12.3 Bn by 2031.
Need for 3D stacked high-density packages has fueled R&D in chip stacking technology. This factor has positively influenced the demand dynamics in the DUV lithography systems market. The utilization of advanced IC packaging technologies, especially fan-out wafer-level packaging and system-in-package (SiP), is substantial in the semiconductor industry and has augmented the market size.
Foundries are adopting DUV lithography technology to increase production capacity as these lithography systems have high throughput and overlay accuracy. The foundry end-use segment held a leading market share of 66.0% in 2022.
Request to Sample PDF of this Strategic Report (Use Corporate Mail ID for Top Priority) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83455
Key Findings of Study
- Rise in Demand for High-performance Miniaturized Electronic Components: Increase in trend of incorporating miniaturized electronic components has propelled the popularity of dense ICs. Use of densely packed transistors in modern electronics is expected to broaden the DUV lithography systems market outlook. DUV lithography system has enabled chip manufacturers to develop ICs that lower the power consumption of electronics. Surge in demand for sensors and memory devices for high-end electronics, such as in IoT and consumer electronics, is anticipated to fuel the adoption rate of products in the global DUV lithography systems market.
- Substantial Utilization of DUV Lithography Systems in Wafer Fabrication: Usage of semiconductor lithography systems such as ArF and KrF scanners has increased significantly in the past few years. The KrF type is expected to be the leading segment during the forecast period, reveals the TMR study on the DUV lithography systems market. KrF scanners are extensively utilized in the fabrication of advanced ICs. Surge in demand for chips has led semiconductor companies to seek advanced wafer production technologies to improve their productivity. Rise in production of wafers is therefore anticipated to create significant revenue growth opportunities for the market during the forecast period. Furthermore, advancement in optics and illumination systems is expected to open up promising avenues for companies in the market.
Key Drivers
- Increase in R&D activities in energy efficient microchip fabrication technologies is expected to propel the market
- Trend of miniaturization in modern electronics is expanding the market outlook for advanced lithography machines, which is expected to bolster the DUV lithography systems market development
- Advancements in 3D integrated circuit fabrication technologies are likely to create lucrative avenues for companies
Buy this Premium Research Report | Immediate Delivery Available - https://www.transparencymarketresearch.com/checkout.php?rep_id=83455<ype=S
Regional Growth Dynamics
- Asia Pacific is anticipated to account for the leading market share during the forecast period. Growth of the market in Asia Pacific is anticipated to be fueled by extensive semiconductor manufacturing in Taiwan and South Korea. Taiwan accounted for a significant share of the DUV lithography systems market in the region in 2022. Presence of several key foundries and lithography manufacturers is estimated to accelerate market growth in Asia Pacific.
- High product adoption is likely to propel the market in the Americas, and the region accounted for a key share of the overall market in 2022. Demand for advanced miniaturized IC packaging is expected to propel revenue growth in the regional market.
Competition Dynamics
The landscape is consolidated, with the presence of a few large-scale vendors accounting for a major share of the market. Key players are engaged in product innovations and committing sizable funds to R&D activities in order to retain their dominance in the market. Companies are striving to commercialize DUV lithography machines with high resolution and precision optics in order to increase revenue in the market. For instance, development of state-of-the-art ArF immersion scanner by Nikon.
Prominent players operating in the DUV lithography systems market are ASML Holding, Canon Inc., and Nikon Precision.
Ask for References - https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=83455
DUV Lithography Systems Market Segmentation
Type
- ArF Immersion
- ArF Dry
- KrF
End-use
- IDM
- Foundry
Region
- Americas
- Asia Pacific
- EMEA
Countries Covered
- U.S.
- China
- Japan
- South Korea
- Taiwan
Latest Electronics and Semiconductors Industry Reports : -
OLED Display Market Growth Report 2022 - 2031
Wire and Cable Market Size & Share Report, 2022-2031
Smart Parking Technologies Market Size, Share | Industry Report, 2022-2031
Biosensors Market Size & Share Report, 2022 - 2031
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: 1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com