EUV Lithography Market to Reach USD 25.3 Billion by 2028: A 21.8% CAGR Surge
EUV Lithography Market Set to Surge: Projected Growth to USD 25.3 Billion by 2028 The extreme ultraviolet ( EUV) lithography market is poised for significant expansion, with projections indicating it will reach USD 25.3 billion by 2028, up from USD 9.4 billion in 2023. This represents a compound annual growth rate (CAGR) of 21.8% during the 2023–2028 period. The rapid adoption of EUV lithography is driven by the increasing demand for advanced semiconductors, which are essential for powering next-generation technologies such as artificial intelligence (AI), 5G, and autonomous vehicles. The Role of EUV Lithography in Semiconductor Manufacturing EUV lithography is a critical technology in semiconductor manufacturing, enabling the production of smaller, faster, and more power-efficient chips. Traditional lithography methods have reached their physical limits in terms of resolution, making it challenging to produce the intricate patterns required for advanced semiconductor nodes. EUV l...