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Global Atomic Layer Deposition Equipment Market Expected to Reach USD 3,755.3 Million by 2027


Global Atomic Layer

iCrowdNewswire   Jan 12, 2021  2:46 AM ET

23_Atomic Layer Deposition Equipment Market Share Analysis

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Atomic Layer Deposition Equipment Market by Type, Application, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 1,770.5 Million in 2019 and is expected to grow at a healthy growth rate of 10.4% by the year 2027. The market is driven by factors such as growth in industries such as electronics and semiconductor solutions, rise in the demand for electronic components in the automotive industry, increase in concerns for global warming climate change, and increasing use of component miniaturization in the electronic devices. However, high processing costs, high material waste, and high energy waste rates are key restraint of this market.

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The global atomic layer deposition equipment market is fragmented based on types, by application, and region. On the basis of types, the atomic layer deposition equipment market is segmented into metal ALD, aluminum oxide ALD, plasma enhanced ALD, catalytic ALD, and others. Based on applications, the atomic layer deposition equipment market is categorized as research & development facilities, semiconductor & electronics, solar devices, medical equipment, and others. Based on region, the global Atomic Layer Deposition Equipment market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into, India, China, South Korea, Australia, Japan, and Rest of Asia Pacific. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe, and the MEA region is further divided into Saudi Arabia, Egypt, Iran, Israel, South Africa, UAE, and Rest of Middle East & Africa (MEA).

The effect of COVID-19 is anticipated to be strongly felt in the consumer durable industry due to high dependency of different global industries for imports. Moreover, the pandemic situation has led to the closure of several non-essential businesses reducing the demand for consumer durables in the world, which in turn, is impeding the semiconductor industry. Since the COVID-19 pandemic is diminishing the end-user demand for daily semiconductor-powered products worldwide, the demand for ALD equipment is reducing in the short-term.  The COVID-19 effects majorly on manufacturing units which are currently working with 50% workforce. The global supply chain has at the same time slowed down due to restrictions on national borders.

As per GMR industry analyst Rajat Verma, “The Global Atomic Layer Deposition Equipment Market is anticipated to witness significant growth during forecast period 2021-2027. The aluminum oxide ALD segment holds a major share of the market due to the easy availability of aluminum, and the high demand for aluminum oxide film using the ALD deposition technique. Aluminum oxide coated films are considered to be efficient due to various pin-hole free morphology, uniformity, and efficiency contain permeation barriers. The semiconductor & electronics segment is projected to account for a significant share of the market due to an increase in the sales of semiconductor-based devices and the rise in miniaturized components. The need for a shrinking device dimension in accordance with high durability has increased the deposition technology application scope tremendously.

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Key Takeaways from the Study:

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Report Scope:

Report Metric

Details

Market Value in 2019

USD 1,770.5 Million

Market Growth Rate (from 2021 to 2027)

10.4 %

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (USD Million)

Market Segments

By Types , By Applications

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

U.S., Canada, Brazil, Mexico, Rest of Latin America, India, China, Japan, Indonesia, Australia, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, UAE, and Rest of MEA.

Key Companies Profiled

Tokyo Electron Limited
Applied Materials, Inc.
LAM RESEARCH CORPORATION
Arradiance, LLC
ASM International
Beneq
CVD Equipment Corporation
Encapsulix
Entegris
Eugene Technology Co., Ltd.
Others

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

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