Atomic Layer Deposition Market, by Product (Aluminum Oxide, Metal, Catalytic, Plasma Enhanced, and Others), by Application (Solar Devices, Semiconductors, Electronics, Medical Equipment, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East and Africa)
Atomic layer deposition is used in the production of integrated circuits (ICs), various components and devices such as semiconductor devices and electronic components, and industrial applications. The growing demand for semiconductor devices in industries like consumer electronics, industrial equipment, automotive products, and healthcare equipment is driving the silicon wafer market and atomic layer deposition equipment demand.
Market Dynamics
As cosmetics witness higher demand, demand for atomic layer deposition increases, particularly as people try to move to nonpetroleum-based products. A strong focus on personal grooming and good hygiene is propelling the cosmetics market’s growth, which in turn is driving the global atomic layer deposition market growth. Atomic layer deposition acts as nonpetroleum product alternatives for the cosmetics and personal care industries, which is expected to drive the global atomic layer deposition market’s growth.
Atomic layer deposition is widely used for conformal coatings in solar cells and devices. Hence, the rise in demand for solar devices is expected to drive target market growth over the forecast period. Furthermore, the high growth of the solar energy industry is also driven mainly by increasing photovoltaic device (PV) installations.
Key market players are focusing on product launches, product expansions, mergers, acquisitions, and partnerships in order to expand their businesses in the market. For instance, in February 2020, Forge Nano, a global leader in surface engineering and precision nano-coating technology, and ALD NanoSolutions, Inc., merged to bring cutting-edge surface engineering techniques to the atomic layer deposition market. ALD NanoSolutions, Inc. is a manufacturer of advanced materials that are transforming industries.
Key features of the study:
This report provides an in-depth analysis of the global atomic layer deposition Market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global atomic layer deposition market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study ALD Nano Solutions, Inc., Applied Materials, Inc., ASM International, Beneq, Denton Vacuum, Hitachi, Kurt J. Lesker Company, Lam Research Corporation, Tokyo Electron and Wonik IPS
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global atomic layer deposition market report caters to various stakeholders in this industry including investors, suppliers, caffeine manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global atomic layer deposition market