Press release
Atomic Layer Deposition Market 2021 Advance Technology and New Innovations – Applied Materials Inc., Lam Research Corporation
Atomic Layer Deposition Market - Growth, Trends, and Forecasts (2020 - 2025)The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Atomic Layer Deposition Market on the basis of stating current situation of the industry in 2021.
This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market.
The Atomic Layer Deposition (ALD) Market is expected to grow at a CAGR of 14.2% over the forecast period 2020 to 2025.
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Competitive Landscape
The Atomic Layer Deposition market is fragmented in nature as several players are operating in the market. The major players include Applied Materials Inc., Lam Research Corporation, Entegris Inc., among others.
Key Developments:
- November 2019 - Applied Materials Inc. introduced the Materials Engineering Technology Accelerator (META Center), a facility aimed at speeding customer prototyping of new materials, process technologies, and devices. As chipmaking is becoming increasingly challenging, the META Center has extended Applieds ability to collaborate with customers to pioneer new ways of improving chip performance, power, and cost.
- July 2019 - Applied Materials Inc. announced the acquisition of the semiconductor equipment maker, Kokusai Electric, for USD 2.2 billion, from KKR & Co. (KKR). This acquisition is expected to strengthen Applieds footprint in Asia and add to the existing processing technologies of the company.
The demand for atomic layer deposition solutions is increasing, as it enables the use of new materials and designs for advanced chip manufacturing.
- Industries are increasingly adopting the miniaturization trend globally. Thus, presently, there has been an increased demand for miniaturized electronics and equipment.
- According to Cisco, there will be around 500 billion devices connected to the Internet by 2030. Each device includes sensors that collect data, interact with the environment, and communicate over a network. These applications need miniaturized storage devices and ICs. The increasing amount of data generated from the growing connected devices have proliferated the demand for storage devices.
- Moreover, there are several data center projects inline, owing to the rise in data center traffic due to higher data generation. By 2020, it is anticipated that major global data centers will begin more than 10 construction projects around the world, of which, more than 80% are expected to be initiated by the North American data center market.
- Further, factory automation and increased use of robots are also expected to drive the sales of semiconductors, which, in turn, will drive the market for ALD technology. In 2017, 3-D printing technologies enabled the German company, Adidas, to set up two speed factories for shoe production, where one in Ansbach, Germany, and the other in Atlanta in the United States.
- The spread of Covid-19 pandemic has impacted both the supply and demand segment of the market and had prompted multiple companies to fast-track their business decision in the market. With Samsung moving manufacturing units to India and Vietnam, the supply sector is expected to readjust in APAC region as with Covid-19 impact businesses are trying to diversify their supply dependencies to remain function in the face of new challenges.
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Key Market Trends:
Semiconductors and Electronics Segment to Drive the Market Growth
- Atomic layer deposition technology is expected to be driven by the demand from the semiconductor and electronics segment. While the semiconductor segment is expected to directly affect the growth of the technology, any surge in the electronics sector will lead to the growth of the technology.
- The electronics industry goes through cyclic phases of ups and downs. The electronic industrys forecast in the short to medium term are encouraging. According to the Ericsson Mobility Report, there will be about 8.9 billion mobile subscriptions, 8.4 billion mobile broadband subscriptions, and 6.2 billion unique mobile subscribers by 2024. This is expected to boost the growth of ALD technology.
- The rise in the sale of microelectronics and consumer electronics is expected to fuel the demand for semiconductor ICs, during the forecast period. The increase in demand for semiconductor ICs is projected to improve the production capacity of semiconductor device manufacturers, which, in turn, may augment the demand for the atomic layer deposition market.
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