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Atomic Layer Deposition Market: The Road to US$ 89.9 Billion Valuation Paved with 21.3% CAGR

09-25-2023 01:20 PM CET | IT, New Media & Software

Press release from: Future Market Insights

Atomic Layer Deposition Market: The Road to US$ 89.9 Billion

The global atomic layer deposition market size reached US$ 13.0 billion in 2022. Looking ahead, we anticipate a significant increase in demand for Atomic Layer Deposition (ALD) equipment over the next decade, with a projected Compound Annual Growth Rate (CAGR) of 21.3%. By the conclusion of 2032, we expect the market to achieve a substantial valuation of US$ 89.9 billion.

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.

Recent Developments:

In February 2020, to enable high-performance photonics devices, a suite of Lumina Metal-organic chemical vapor deposition (MOCVD) was introduced by Veeco Instruments.
In June 2022, SPARC, a new deposition technology for advanced logic and DRAM was introduced by Lam Research Corporation. With its SPARC technology, Lam produces homogenous, strong low-k films that comply with features both in terms of composition and thickness. The delicate SPARC film is applied without the use of direct plasma, which may harm the delicate equipment underneath.
In June 2022, Applied Materials completed its acquisition of Picosun. This will help to broaden the company's portfolio for specialty chips.

Leading Key Players:

ASM International
Entegris
Aixtron
CVD Equipment Corporation
Forge Nano Inc.
Beneq Group
Oxford Instruments plc
Arradiance LLC
Veeco Instruments
Lam Research Corporation

Purchase Now and Seize this Opportunity for a Detailed Atomic Layer Deposition Market Report
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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

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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