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.
Request a free sample copy: https://growthmarketreports.com/request-sample/23
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.
For More Information: https://growthmarketreports.com/enquiry-before-buying/23
Buy Full Report at https://growthmarketreports.com/press-release/global-atomic-layer-deposition-equipment-market
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 |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
Request a free sample copy: https://growthmarketreports.com/request-sample/23
About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.
At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.
Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.