Overview and Scope
The ALD equipment refers to an innovative deposition technology that allows the accurate deposition of ultra-thin sheets as thin as a few nanometres. ALD provides protective and functional coatings for fuel cells and other applications that require corrosion or wear resistance. It is based on a surface-controlled thin film deposition.
Sizing and Forecast
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.
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Segmentation & Regional Insights
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
Asia-Pacific was the largest region in the ALD equipment market in 2023. The regions covered in the ald equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the ald equipment market report are ASM International N.V., Tokyo Electron Limited, Applied Materials Inc, Lam Research Corporation, Veeco Instruments Inc, Kurt J. Lesker Company, Optorun Co Ltd, CVD Equipment Corporation, Eugene Technology Co Ltd, Beneq Oy, Oxford Instruments Plc, Arradiance LLC, Encapsulix, EntegrisInc, Picosun Oy, SENTECH Instruments GmbH, Aixtron SE, Denton Vacuum LLC, Adeka Corporation, Jiangsu Leadmicro Guide Nano Equipment Technology Co Ltd, Forge Nano Inc, Nano-Master Inc, Air Liquide S.A., Applied Microengineering Ltd., Cambridge Nanotech Inc., Genus PLC, Hitachi Kokusai Electric Inc., Jusung Engineering Co. Ltd., KDF Electronic & Vacuum Services Inc., Levitech BV, MNTech Co. Ltd.
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
…..
31. Global ALD Equipment Market Competitive Benchmarking
32. Global ALD Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The ALD Equipment Market
34. ALD Equipment Market Future Outlook and Potential Analysis
35. Appendix
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