Global Deposition Equipment Market (by Type, Application, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)

Global Deposition Equipment Market (by Type, Application, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)


Market Insight:

The process of depositing a coating of material on a surface is known as deposition. Several processes are involved in the deposition of thin films, including atom adsorption, atom diffusion on the wafer surface, and coalescence at crucial spots.

Deposition is a critical manufacturing process in the production of a wide range of opto-electronic, solid-state, and medical equipment and products, such as consumer electronics, semiconductor lasers, fibre lasers, LED displays, optical filters, compound semiconductors, and so on. Growth in the consumer electronics sector, rise in the automotive industry, increasing usage of advanced medical equipment, expanding need for environmentally friendly coating processes, rising silicon wafer demand, and so on are some of the primary reasons why firms are employing deposition equipment. The global deposition equipment market is predicted to rise to US$25.77 billion in 2023, growing at a CAGR of 13.75%, during the forecast period.

Segment Covered:
  • By Type: On the basis of type, the report provides the bifurcation of the global deposition equipment market into eight segments: PECVD, Sputtering PVD, Tubular CVD, Non-tubular LPCVD, ALD, MOCVD, Electroplating ECD, and Other. PECVD segment dominated the deposition equipment market and is expected to be the highest growing segment in the coming years. Given its great optical clarity and versatility, the smooth & tiny structure with high malleable qualities makes plasma-enhanced chemical vapor deposition equipment an ideal substance for optical filters, devices with unwanted refractive index, and anti-reflective coatings. The tough, resilient, and versatile qualities of these plasma coatings, together with advances that make them environmentally friendly, fuel the expansion of the PECVD equipment industry.
  • By Application: In terms of application, the global deposition equipment market is divided into six segments: Semiconductor & Microelectronics, Solar Products, Data Storage, Medical Equipment, Cutting Tools, and Other. The Semiconductor & Microelectronics segment held the highest share in the market as they provide increased productivity and cost-efficiency. Solar Products segment is expected to be the fastest growing segment in the forecasted period. This is because of their effectiveness and potential for reducing production costs through large-scale production. The increase in global awareness regarding depletion of fossil fuels and its negative impact on the environment have created a demand for harnessing renewable energy resources such as solar energy.
Geographic Coverage:

According to this report, the global deposition equipment market can be divided into four regions: Asia Pacific, North America, Europe, and Rest of the World. The countries covered in North America region are the US, Mexico, and Canada, while Europe includes Germany, Spain, UK, Italy, France, and the Rest of Europe. Moreover, China, Japan, South Korea, and Rest of Asia Pacific are included in the Asia Pacific region.

The Asia Pacific dominated the market owing to the increase in growth in end-user applications such as capacitors, transistors, inductors, and resistors, coupled with rapid adoption of smartphones and laptops. China held the largest share in the Asia Pacific deposition equipment market, owing to the strong economic growth in the region, the growing demand for microelectronics, automotive, photovoltaic cells coupled with emerging trend of electric/hybrid vehicles and green vehicles. Moreover, North America is anticipated to be the fastest growing region in the forecasted period due to the shifting consumer focus toward smart home automation and new product innovations. The US held the major share in the North American deposition equipment market, owing to the high disposable income, huge demand for the high-end products, increased adoption rate of the latest technologies, presence of several leading manufacturers of the electronics, and the high standards of living.

Top Impacting Factors:

Growth Drivers
  • Growth in Consumer Electronics Industry
  • Rise in Automotive Industry
  • Rising Silicon Wafer Demand
  • Escalating Use of Advanced Medical Equipment
Challenges
  • High Cost Associated with Deposition Equipment Manufacturing
  • Functional Defects and Complexities
Trends
  • Increasing Penetration of Artificial Intelligence (AI) Applications
  • Increasing Demand for Electronic Vehicles
  • Escalation of Internet of Things (IOT)
  • Growing Global Demand For Photovoltaic Cells
  • Driver: Growth in Consumer Electronics Industry
Consumer electronics, often known as home electronics, are the devices designed for everyday use, generally in private homes. Devices used for entertainment, communication, and recreation are all examples of consumer electronics. The consumption of electronic devices such as smartphones, tablets and laptops, had increased over the years and one of the primary factors driving the growth of consumer electronics is the growing preference for smart electronic devices. Semi conductor chips, which are used as components in power devices, compactness optical sensors, and light emitters, are the basic requirement for the manufacturing of these smart electronic devices. A semiconductor material is a device that allows electric current to pass through it and is used in devices such as CPUs. It is made up of a large number of transistors. The surge in demand for consumer electronics has directly impacted the growth in deposition equipment market, especially due to growth in demand for semiconductor market, which is a major end-user of deposition equipment market.
  • Challenge: Functional Defects and Complexities
The deposition equipment’s are used in the manufacturing of semiconductors, integrated circuits, transistors, etc. Advanced semiconductor production might entail thousands of process stages, making the method extremely difficult. Each piece of equipment in a process step has the potential to fail, resulting in a default and potentially lowering production yield. Advanced semiconductor production can entail thousands of pieces purchased from a range of suppliers. Chambers, pumps, seals, and valves are examples of these components. Corrosion, pressure regulator malfunction, and improperly sized or fitted seals are all common fabrication equipment issues. Any of these issues could have a significant impact on the performance and quality of fabrication equipment. As a result, functional failures and difficulties might occur at any time, causing delays in product creation and delivery, thus disrupting the supply chain.
  • Trend: Increasing Demand for Electronic vehicles
Semiconductors will play a critical role in the development and advancement of automotive technology used in connected cars and electrified vehicles. The constantly developing automotive sector offers a ripe opportunity for automotive semiconductors to support higher connectivity, battery performance in EVs, improved sensors, and other technologies. Semiconductors are used in vehicles as microcontrollers to control emission release and antilock brakes. As autonomous vehicles evolved, semiconductor technology generated chips that are utilized to equip the vehicle with eyes in the form of cameras and sensors located around its exterior. As a result, the growing development of semiconductor chips will drive up the demand for deposition equipment.

The COVID-19 Analysis:

The outbreak of COVID-19 brought in a mixed impact on the overall deposition equipment market, which were majorly positive in nature. Early during the outbreak, several firms had to suspend production completely and this, along with global travel restrictions, meant that there were some severe supply concerns. As economic activity improved, the market for semiconductors recovered swiftly, as corporations began to renew their investments in cloud infrastructure and as artificial intelligence and linked gadgets become increasingly ubiquitous in the society. The sudden increase in demand for semiconductor sector during the second half of 2020 and start of 2021 increased demand for deposition equipment.

Analysis of Key Players:

The global deposition equipment market is highly consolidated. The PVD equipment market is almost a monopoly controlled by Applied Materials. The ALD equipment market is led by Tokyo Electron and ASM International. The key players of the global deposition equipment market are:
  • Applied Materials Inc.
  • Lam Research Corporation
  • ASM International N.V
  • Tokyo Electron Limited
  • Veeco Instruments Inc.
  • CVD Equipment Corporation
  • Aixtron SE
  • Singulus Technologies AG
  • Bühler Alzenau
  • AJA International, Inc.
  • Samco Inc.
  • Plasma-Therm
Some of the strategies among key players in the market for deposition equipment are product launches, mergers, acquisitions, and collaborations. For instance, in July 2022, ASM International launched TENZATM ALD, an innovative single wafer atomic layer deposition (ALD) process technology for 300mm wafers. TENZATM ALD is optimized for gap-fill applications and provides the best film quality, conformal coverage through the full trench and highest productivity in its class. Whereas, in September 2022, Aixtron SE launched the company’s new G10-SiC 200 mm system for high volume manufacturing of latest generation Silicon Carbide (“SiC”) power devices on 150/200 mm SiC wafers.


1. Executive Summary
2. Introduction
2.1 Deposition Equipment: An Overview
2.1.1 Introduction to Deposition Equipment
2.1.2 Comparison of Three Main Types of Deposition
Table 1: Comparison of Three Main Types of Deposition
2.2 Deposition Equipment Segmentation: An Overview
2.2.1 Deposition Equipment Segmentation
Table 2: Deposition Equipment Segmentation
3. Global Market Analysis
3.1 Global Deposition Equipment Market: An Analysis
3.1.1 Global Deposition Equipment Market: An Overview
3.1.2 Global Deposition Equipment Market by Value
Table 3: Global Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 4: Global Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.1.3 Global Deposition Equipment Market by Type (PECVD, Sputtering PVD, Tubular CVD, Non-tubular LPCVD, ALD, MOCVD, Electroplating ECD, and Other)
Table 5: Global Deposition Equipment Market by Type; 2021 (Percentage, %)
3.1.4 Global Deposition Equipment Market by Application (Semiconductor & Microelectronics, Solar Products, Data Storage, Medical Equipment, Cutting Tools, and Other)
Table 6: Global Deposition Equipment Market by Application; 2021 (Percentage, %)
3.1.5 Global Deposition Equipment Market by Region (Asia Pacific, North America, Europe, and Rest of the World)
Table 7: Global Deposition Equipment Market by Region; 2021 (Percentage, %)
3.2 Global Deposition Equipment Market: Type Analysis
3.2.1 Global Deposition Equipment Market by Type: An Overview
3.2.2 Global PECVD Equipment Market by Value
Table 8: Global PECVD Equipment Market by Value; 2017-2021 (US$ Billion)
Table 9: Global PECVD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.3 Global Sputtering PVD Equipment Market by Value
Table 10: Global Sputtering PVD Equipment Market by Value; 2017-2021 (US$ Billion)
Table 11: Global Sputtering PVD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.4 Global Tubular CVD Equipment Market by Value
Table 12: Global Tubular CVD Equipment Market by Value; 2017-2021 (US$ Billion)
Table 13: Global Tubular CVD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.5 Global Non-tubular LPCVD Equipment Market by Value
Table 14: Global Non-tubular LPCVD Equipment Market by Value; 2017-2021 (US$ Billion)
Table 15: Global Non-tubular LPCVD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.6 Global ALD Equipment Market by Value
Table 16: Global ALD Equipment Market by Value; 2017-2021 (US$ Billion)
Table 17: Global ALD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.7 Global MOCVD Equipment Market by Value
Table 18: Global MOCVD Equipment Market by Value; 2017-2021 (US$ Million)
Table 19: Global MOCVD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.8 Global Electroplating ECD Equipment Market by Value
Table 20: Global Electroplating ECD Equipment Market by Value; 2017-2021 (US$ Million)
Table 21: Global Electroplating ECD Equipment Market by Value; 2022-2027 (US$ Billion)
3.2.9 Global Other Deposition Equipment Market by Value
Table 22: Global Other Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 23: Global Other Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.3 Global Deposition Equipment Market: Application Analysis
3.3.1 Global Deposition Equipment Market by Application: An Overview
3.3.2 Global Semiconductor & Microelectronics Deposition Equipment Market by Value
Table 24: Global Semiconductor & Microelectronics Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 25: Global Semiconductor & Microelectronics Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.3.3 Global Solar Products Deposition Equipment Market by Value
Table 26: Global Solar Products Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 27: Global Solar Products Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.3.4 Global Data Storage Deposition Equipment Market by Value
Table 28: Global Data Storage Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 29: Global Data Storage Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.3.5 Global Medical Deposition Equipment Market by Value
Table 30: Global Medical Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 31: Global Medical Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.3.6 Global Cutting Tools Deposition Equipment Market by Value
Table 32: Global Cutting Tools Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 33: Global Cutting Tools Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
3.3.7 Global Other Deposition Equipment Market by Value
Table 34: Global Other Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 35: Global Other Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4. Regional Market Analysis
4.1 Asia Pacific Deposition Equipment Market: An Analysis
4.1.1 Asia Pacific Deposition Equipment Market: An Overview
4.1.2 Asia Pacific Deposition Equipment Market by Value
Table 36: Asia Pacific Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 37: Asia Pacific Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.1.3 Asia Pacific Deposition Equipment Market by Region (China, Japan, South Korea, and the Rest of Asia Pacific)
Table 38: Asia Pacific Deposition Equipment Market by Region; 2021 (Percentage, %)
4.1.4 China Deposition Equipment Market by Value
Table 39: China Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 40: China Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.1.5 Japan Deposition Equipment Market by Value
Table 41: Japan Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 42: Japan Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.1.6 South Korea Deposition Equipment Market by Value
Table 43: South Korea Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 44: South Korea Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.1.7 Rest of Asia Pacific Deposition Equipment Market by Value
Table 45: Rest of Asia Pacific Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 46: Rest of Asia Pacific Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.2 North America Deposition Equipment Market: An Analysis
4.2.1 North America Deposition Equipment Market: An Overview
4.2.2 North America Deposition Equipment Market by Value
Table 47: North America Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 48: North America Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.2.3 North America Deposition Equipment Market by Region (The US, Canada, and Mexico)
Table 49: North America Deposition Equipment Market by Region; 2021 (Percentage, %)
4.2.4 The US Deposition Equipment Market by Value
Table 50: The US Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 51: The US Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.2.5 Canada Deposition Equipment Market by Value
Table 52: Canada Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 53: Canada Deposition Equipment Market by Value; 2022-2027 (US$ Million)
4.2.6 Mexico Deposition Equipment Market by Value
Table 54: Mexico Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 55: Mexico Deposition Equipment Market by Value; 2022-2027 (US$ Million)
4.3 Europe Deposition Equipment Market: An Analysis
4.3.1 Europe Deposition Equipment Market: An Overview
4.3.2 Europe Deposition Equipment Market by Value
Table 56: Europe Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 57: Europe Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.3.3 Europe Deposition Equipment Market by Region (Germany, Spain, UK, Italy, France, and the Rest of Europe)
Table 58: Europe Deposition Equipment Market by Region; 2021 (Percentage, %)
4.3.4 Germany Deposition Equipment Market by Value
Table 59: Germany Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 60: Germany Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.3.5 Spain Deposition Equipment Market by Value
Table 61: Spain Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 62: Spain Deposition Equipment Market by Value; 2022-2027 (US$ Million)
4.3.6 UK Deposition Equipment Market by Value
Table 63: UK Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 64: UK Deposition Equipment Market by Value; 2022-2027 (US$ Million)
4.3.7 Italy Deposition Equipment Market by Value
Table 65: Italy Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 66: Italy Deposition Equipment Market by Value; 2022-2027 (US$ Million)
4.3.8 France Deposition Equipment Market by Value
Table 67: France Deposition Equipment Market by Value; 2017-2021 (US$ Million)
Table 68: France Deposition Equipment Market by Value; 2022-2027 (US$ Million)
4.3.9 Rest of Europe Deposition Equipment Market by Value
Table 69: Rest of Europe Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 70: Rest of Europe Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
4.4 Rest of the World Deposition Equipment Market: An Analysis
4.4.1 Rest of the World Deposition Equipment Market: An Overview
4.4.2 Rest of the World Deposition Equipment Market by Value
Table 71: Rest of the World Deposition Equipment Market by Value; 2017-2021 (US$ Billion)
Table 72: Rest of the World Deposition Equipment Market by Value; 2022-2027 (US$ Billion)
5. Impact of COVID-19
5.1 Impact of COVID-19 on Deposition Equipment Market
5.2 Post COVID-19 Impact on Deposition Equipment Market
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Rapid Urbanization
Table 73: Developed Economies and Developing Economies Urban Population; 2016, 2021 & 2050 (Million)
6.1.2 Growth in Consumer Electronics Industry
Table 74: Global Consumer Electronics Revenue; 2022-2026 (US$ Billion)
6.1.3 Rise in Automotive Industry
Table 75: Global Motor Vehicle Production Statistics by Region; 2018-2021 (Million)
6.1.4 Rising Silicon Wafer Demand
Table 76: Global Demand For 300mm Silicon Wafer Market; 2019-2024 (Million Wafer/month)
6.1.5 Escalating Use of Advanced Medical Equipment
6.1.6 Increasing Demand for Environmentally Friendly Coating Processes
6.1.7 Favorable Government Support
6.2 Challenges
6.2.1 High Cost Associated with Deposition Equipment Manufacturing
6.2.2 Geo Political Tension
6.2.3 Functional Defects and Complexities
6.3 Market Trends
6.3.1 Increasing Penetration of Artificial Intelligence (AI) Applications
Table 77: Global Artificial Intelligence Market Revenue; 2020-2023 (US$ Billion)
6.3.2 Increasing Demand for Electronic vehicles
Table 78: Global Electronic Vehicles Sales; 2017-2021 (Million)
6.3.3 Escalation of Internet of Things (IOT)
Table 79: Global Number of Internet of Things (IOT) Connected Devices; 2019-2024 (Billion)
6.3.4 Emerging Industrial Robotics
Table 80: Global Annual Installations of Industrial Robots; 2016-2021 (Thousands)
6.3.5 Growing Global Demand For Photovoltaic Cells
Table 81: The US Solar PV Installation Capacity; 2017-2021 (Thousand MWdc)
6.3.6 Emergence of 5G Network
Table 82: Global 5G Mobile Subscription; 2021–2027 (Million)
7. Competitive Landscape
7.1 Global ALD Equipment Players by Market Share
Table 83: Global ALD Equipment Players by Market Share; 2021 (Percentage, %)
7.2 Global PVD Equipment Players by Market Share
Table 84: Global PVD Equipment Players by Market Share; 2021 (Percentage, %)
7.3 Global MOCVD Equipment Players by Market Share
Table 85: Global MOCVD Equipment Players by Market Share; 2016-2021 (Percentage, %)
8. Company Profiles
8.1 Applied Materials Inc.
8.1.1 Business Overview
8.1.2 Operating Segments
Table 86: Applied Materials Revenue by Segments; 2022 (Percentage,%)
8.1.3 Business Strategy
8.2 Tokyo Electron Limited
8.2.1 Business Overview
8.2.2 Operating Segments
Table 87: Tokyo Electron Limited Net Sales by Segments; 2022 (Percentage,%)
8.2.3 Business Strategy
8.3 Lam Research Corporation
8.3.1 Business Overview
8.3.2 Operating Regions
Table 88: Lam Research Corporation Revenue by Region; 2022 (Percentage,%)
8.3.3 Business Strategy
8.4 ASM International N.V
8.4.1 Business Overview
8.4.2 Operating Regions
Table 89: ASM International Revenue by Region; 2021 (Percentage,%)
8.4.3 Business Strategy
8.5 Veeco Instruments Inc.
8.5.1 Business Overview
8.5.2 Sales by End-Market
Table 90: Veeco Instruments Inc. Sales by End-Market; 2021 (Percentage,%)
8.5.3 Business Strategy
8.6 CVD Equipment Corporation
8.6.1 Business Overview
8.6.2 Operating Segments
Table 91: CVD Equipment Corporation Revenue by Segments; 2021 (Percentage,%)
8.6.3 Business Strategy
8.7 Aixtron SE
8.7.1 Business Overview
8.7.2 Revenues by Goods and Services
Table 92: Aixtron SE Revenues by Goods and Services; 2021 (Percentage,%)
8.7.3 Business Strategy
8.8 Bühler Alzenau
8.8.1 Business Overview
8.8.2 Operating Segments
Table 93: Bühler Alzenau Revenue by Segments; 2021 (Percentage,%)
8.8.3 Business Strategy
8.9 Samco Inc.
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Singulus Technologies AG
8.10.1 Business Overview
8.10.2 Business Strategy
8.11 Plasma-Therm
8.11.1 Business Overview
8.11.2 Business Strategy
8.12 AJA International, Inc.
8.12.1 Business Overview

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