Global Lithography Systems Market Size, Forecast, and Trend Highlights Over 2025-2037
Lithography Systems Market size was valued at USD 8.95 billion in 2024 and is likely to cross USD 18.17 billion by 2037, registering more than 5.6% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of lithography systems is estimated at USD 9.35 billion.
The growth of the lithography systems market can be attributed to the rapid expansion of the semiconductor industry. Lithography is the most widely used method for the semiconductor fabrication of microchips or integrated circuits. According to data published by The Observatory of Economic Complexity in 2023, the U.S. exported semiconductor devices worth USD 3.47 billion, and the prominent destination of exports of semiconductor devices was China, amounting to USD 578 million.
Additionally, lithography systems are widely used in printing and packaging. High-quality graphics can be made on posters, maps, and newspapers with the help of a lithography system. A recent data release from the U.S. Bureau of Labor Statistics on manufacturing goods witnessed a 3.7% average surge in the Producer Price Index in 2023. Other than this, the U.S. Department of Commerce has declared significant funding to propel the semiconductor supply chain. For instance, USD 18.2 million has been awarded to Edwards Vacuum to develop a manufacturing facility in New York. The project aims to enhance the dependency on the domestic supply chains and lower the reliance on imports from foreign countries.