What is the global market size of the Atomic Layer Deposition Market?

Global Atomic Layer Deposition Market size was valued at USD 1.7 billion in 2021 and is poised to grow from USD 1.91 billion in 2022 to USD 4.83 billion by 2030, growing at a CAGR of 12.3% in the forecast period (2023-2030).

Atomic Layer Deposition Market Size, Share, Growth Analysis, By Product(Thermal ALD, Metal ALD, Plasma-enhanced ALD and Others), By Application(Electronics & Semiconductors, Solar Devices, Medical, Others), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Atomic Layer Deposition Market?

Atomic Layer Deposition Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Adeka Corporation', 'Applied Materials, Inc.', 'ASM International NV', 'Aixtron SE', 'Entegris, Inc.', 'Tokyo Electron Limited', 'Lam Research Corporation', 'Veeco Instruments Inc.', 'Picosun Oy', 'Oxford Instruments plc', 'Ultratech, Inc.', 'Kurt J. Lesker Company', 'Beneq Oy', 'ALD NanoSolutions, Inc.', 'Arradiance, Inc.', 'LAMINAR Coating Technologies, Inc.', 'SENTECH Instruments GmbH', 'SoLayTec B.V.', 'Applied Microstructures, Inc.', 'NCD Technologies, Inc.'

Report ID: SQMIG45O2009 | Region: Global | Published Date: October, 2024
Pages: 197 | Tables: 63 | Figures: 75

Atomic Layer Deposition Market Dynamics

Atomic Layer Deposition Market Drivers

Rapid Development of Electric Vehicles are Bolstering demand for Atomic Layer Deposition

Governments all around the world are investing in and promoting the use of electric vehicles due to growing worries about global warming and environmental degradation. As a result, the market for lithium-ion batteries is expanding due to their potential as an energy source for automobiles. The use of atomic layer deposition in lithium-ion battery manufacturing is having a favourable impact on the market's expansion.

Atomic Layer Deposition Market Restraints

High Cost to Hinder Market Growth

Precursor materials are deposited on surfaces via atomic layer deposition (ALD). The provider must purchase equipment for the atomic layer deposition process in order to provide ALD services. Each piece of equipment costs roughly USD 10,000, and the service provider must purchase every piece of equipment in order to offer all varieties of atomic layer deposition services. To offer all kinds of atomic layer deposition services, a significant amount of equipment would be required. As a result of the high price compared to standard furniture, many purchasers will refrain from purchasing.

Atomic Layer Deposition Market Report Snapshots

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Global Atomic Layer Deposition Market size was valued at USD 2.10 billion in 2022 and is poised to grow from USD 2.36 billion in 2023 to USD 6.06 billion by 2031, growing at a CAGR of 12.50% during the forecast period (2024-2031).

atomic layer deposition market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Forge Nano Inc. (US) ', 'Beneq Group (Finland) ', 'Oxford Instruments plc (UK) ', 'The Kurt J. Lesker Company (US) ', 'SENTECH Instruments GmbH (Germany) ', 'Arradiance, LLC (US) ', 'NCD Co. Ltd. (South Korea) ', 'Lam Research Corporation (US) ', 'ASM International (Netherlands) ', 'Applied Materials, Inc. (US) ', 'Veeco Instruments Inc. (US) ', 'CVD Equipment Corporation (US) ', 'Tokyo Electron Limited (Japan) ', 'Encapsulix SAS (France) ', 'Aixtron SE (Germany) ', 'NANO-MASTER, Inc. (US) ', 'Lotus Applied Technology LLC (US) ', 'SAXE Group (Germany) ', 'Atomic Layer Deposition Systems LLC (US) ', 'Meaglow Ltd. (Canada) ', 'Intevac, Inc. (US) ', 'IHI Corporation (Japan) ', 'OkyayTech ALD (Turkey)'

Governments all around the world are investing in and promoting the use of electric vehicles due to growing worries about global warming and environmental degradation. As a result, the market for lithium-ion batteries is expanding due to their potential as an energy source for automobiles. The use of atomic layer deposition in lithium-ion battery manufacturing is having a favourable impact on the market's expansion.

Manufacturing the tiniest mechanical, electrical, and optical components is known as miniaturisation. In other terms, it is a method of decreasing the size of electronic gadgets. Because everyone desires smaller, more compact, and portable devices, miniaturisation is in vogue. Currently, nanotechnology holds the promise of turning the molecular beam into tiny electronics (functional). This is a significant advance in miniaturisation.

Asia Pacific held the greatest market share, accounting for 40.6% of total revenue in 2021 Due to the presence of numerous electronics manufacturers in the regional economies. Increased government spending on infrastructure development is also projected to benefit market expansion in this region by encouraging top electronics and automobile firms to locate manufacturing facilities there. Due to the established electronics manufacturing hubs in South Korea, China, and Taiwan, there is less demand for deposition technologies. The spread of electronics product production, extraordinary modernization, growing economies, and rising consumer electronics consumption have all contributed to the region's growth.

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Atomic Layer Deposition Market Size, Share, Growth Analysis, By Product(Thermal ALD, Metal ALD, Plasma-enhanced ALD and Others), By Application(Electronics & Semiconductors, Solar Devices, Medical, Others), By Region - Industry Forecast 2024-2031

Atomic Layer Deposition Market Dynamics

Atomic Layer Deposition Market Report Snapshots

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What is the global market size of Atomic Layer Deposition Market?

Who are the key vendors in the Atomic Layer Deposition Market?

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