In 2022, it is anticipated that the global atomic layer deposition (ALD) market would grow to US$ 13.0 billion. The demand for ALD equipment will rise globally between 2022 and 2032 at a CAGR of 21.3%. The market will most likely be valued at US$ 89.9 billion by the end of 2032.
The market for ALD equipment will continue to be dominated by aluminium oxide ALD. From 2022 to 2032, the target segment is anticipated to grow at a CAGR of 21.1%.The global atomic layer deposition equipment market is being driven by its utilisation in semiconductor and electronics applications. In addition, the demand for atomic layer deposition equipment will be fueled by the increased demand for semiconductors and power-converting devices.
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Burgeoning demand for solid-state thin-film batteries due to their use in medical gadgets and smartwatches will create growth prospects for ALD equipment market. Further, development of new devices and technologies, such as PEALD (plasma-enhanced ALD technology) will boost the market.
Growing awareness about the benefits of atomic layer deposition is likely to fuel sales. Rising penetration of miniaturization & digitalization will create opportunities for ALD equipment manufacturers.
Another factor that will propel ALD demand is the government incentives to promote the solar energy industry. ALD equipment are being used in solar cell manufacturing. Hence growing demand for solar cells will trigger atomic layer deposition sales.
Key Takeaways from the Market Report:
- Global atomic layer deposition equipment sales will rise at 21.3% CAGR through 2032.
- By product, aluminum oxide ALD segment is likely to rise at 21.1% CAGR.
- Based on application, semiconductor & electronics segment will progress at 21.0% CAGR.
- The United States atomic layer deposition equipment industry is forecast to reach US$ 12.6 billion by 2032
- Atomic layer deposition equipment demand in China will rise at 23.0% CAGR through 2032.
- Sales in South Korea market are set to increase at 21.8% CAGR over the next ten years.
- Atomic layer deposition equipment sales in the United Kingdom will reach US$ 2.3 billion by the end of 2032.
“Booming semiconductor and electronics sectors will elevate atomic layer deposition equipment demand. Besides this, high demand modern microelectronic devices will boost ALD equipment sales.” Says a lead Future Market Insights analyst.
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Who is Winning?
- Entegris,
- ASM International,
- Aixtron,
- Oxford Instruments plc,
- CVD Equipment Corporation,
- Lam Research Corporation,
- Beneq Group,
- Forge Nano Inc.,
- Veeco Instruments, and
- Arradiance LLC
are key manufacturers of atomic layer deposition equipment.
These companies are committed to developing novel ALD products and systems to increase sales. They are also employing strategies such as mergers, collaborations, and acquisitions to expand their presence.
For instance,
· In September 2020, a new atomic layer deposition platform featuring ICEFill Technology was introduced by Lam Research Corporation.
Atomic Layer Deposition Equipment Market Segmentation:
By Product:
- Metal ALD
- Aluminum Oxide
- ALD on Polymers
- Catalytic ALD
By Application:
- Semiconductor and Electronics
- Research and Development Facilities
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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