Global Atomic Layer Deposition (ALD) Equipment Market size is projected to be valued $8 Billion by 2024; with a CAGR of 29% from 2017 to 2025. Atomic layer deposition (ALD) is a thin film deposition technique based on sequential use in gas phase process. Demand for ALD equipment and technology has increased in the production of microprinters, videogames, portable media players, smartphones, and other electronic devices. Increase in research activity and surge in demand for high end semiconductor devices would show an increased atomic layer deposition equipment market trends.
Increase in demand for copper deposition equipment in memory devices, growth in application of ALD equipment in nanotechnology, and rise in demand for ALD in medical and aerospace electronics field are the major factors supporting the growth of the atomic layer deposition equipment market. However, high cost of initial investment and lack of skilled workforce would act as a restraint for the ALD equipment market. Applications of ALD in power devices, and energy storage systems would provide several growth opportunities for the market in the coming years.
The global atomic layer deposition equipment market has been segmented on the basis of type and application. By type, the market is further categorized into Metal ALD, Aluminum Oxide ALD, Catalytic ALD, ALD on Polymers, and others. By application, the market is bifurcated into semiconductor & electronics, and research & development facilities. Semiconductors & electronics dominated the application segment accounting for more than two-third of the global market share.
Based on geography, the global ALD equipment market has been segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, Italy, France, Germany, and others. Asia-Pacific covers China, India, Japan, Taiwan, South Korea, and others. Rest of the world covers South America, Middle East and Africa
Major companies operating in the ALD equipment market are ASM International N.V., Tokyo Electron Ltd., Aixtron SE, Hitachi Kokusai Electric Inc., Ultratech Inc., Adeka Corp, Applied Materials Inc., ATMI Inc., and Lam Research Corporation, among others.
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Scope of the Global Atomic Layer Deposition (ALD) Equipment Market