The ALD Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s ALD Equipment Global Market Report 2024, The ald equipment market size has grown strongly in recent years. It will grow from $3.17 billion in 2023 to $3.47 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to semiconductor industry growth, nanotechnology advancements, rising demand for miniaturization, emergence of advanced materials, growing demand in medical devices.
The ald equipment market size is expected to see strong growth in the next few years. It will grow to $4.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to novel materials development, r&d and innovation investments, energy sector innovations, telecommunications industry needs, growth in optical coatings.. Major trends in the forecast period include energy and battery technologies, medical and biotechnology applications, aerospace and defense applications, environmental concerns and green technologies, focus on surface engineering.
The rapid growth in the electronics and semiconductor sector is expected to propel the ALD equipment market. The electronics industry refers to businesses that create, design, manufacture, and sell equipment such as radios, televisions, stereos, computers, semiconductors, transistors, integrated circuits, and more. ALD equipment is used in the electronic and semiconductor industry to produce substrates for microelectronics and nanotechnology. Additionally, ALD technologies enable the fabrication of protective and functional coatings used in fuel cells and other applications needing corrosion or wear resistance. For instance, in December 2021, according to a report published by Semiconductor Industry Association (SIA), states that, In October 2021, global semiconductor sales were $48.8 billion, a 24.0% rise over the October 2020 total of $39.4 billion, and a 1.1% increase over the September 2021 total of $48.3 billion. Furthermore, according to a vision document published by the Ministry of Electronics and Information Technology, an executive agency of the Union Government of the Republic of India, the electronics industry is anticipated to rise from the estimated US$15 billion in 2021–2022 to US$120 billion by 2026, showing a significant demand for electronics. Therefore, increasing electronics and semiconductors sales growth will drive the ALD equipment market.
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The ald equipment market covered in this report is segmented –
1) By Deposition Method: Plasma-Enhanced ALD, Thermal ALD, Spatial ALD, Roll-To-Roll ALD, Powder ALD, Others Deposit Method
2) By Film Type: Oxide Films, Metal Films, Sulfide Films, Nitride Films, Fluoride Films
3) By Application: Research And Development Facilities, Semiconductor And Electronics, Solar Devices, Medical Equipment, Other Applications
The emergence of technologies is a key trend gaining popularity in the ALD equipment market. The utilisation of novel materials and designs for advanced chip production is boosting the demand for atomic layer deposition solutions. The rising use of various logic devices and memory technologies has fueled ALD applications. For instance, in July 2022, ASM International N.V., a Netherlands-based semiconductor wafer and ALD equipment manufacturer launched TENZATM ALD. It is an advanced 300mm wafer single wafer atomic layer deposition (ALD) process technique. The gap-fill application-optimised TENZATM ALD offers the best film quality, conformal coverage through the whole trench, and highest productivity in its class.
The ald equipment market report table of contents includes:
1. Executive Summary
2. ALD Equipment Market Characteristics
3. ALD Equipment Market Trends And Strategies
4. ALD Equipment Market – Macro Economic Scenario
5. Global ALD Equipment Market Size and Growth
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26. South America ALD Equipment Market
27. Brazil ALD Equipment Market
28. Middle East ALD Equipment Market
29. Africa ALD Equipment Market
30. ALD Equipment Market Competitive Landscape And Company Profiles
Top Major Players:
- SM International N.V.
- Tokyo Electron Limited
- Applied Materials Inc.
- Lam Research Corporation
- Veeco Instruments Inc
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