Global Atomic Layer Deposition Equipment Market
Report, published by Variant Market Research, forecast that the global market is
expected to reach $8,059 million by 2024 from $1,041 million in 2016; growing
at a CAGR of 29.1% from 2016 to 2024. By geography, Asia-Pacific and Rest of
the world (RoW) are expected to grow at a CAGR of 29.9% and 29.7%,
respectively, during the forecast period.
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Major drivers of the global
atomic layer deposition market are growth in application of ALD equipment in
nanotechnology, rise in demand for copper deposition equipment in memory
devices, and increasing demand for ALD in medical and aerospace electronics
field. However, high cost of initial investment and lack of skilled workforce may hinder the market growth in the coming
years. Application of ALD in power devices, and energy storage systems
would provide several growth opportunities for the market in the coming years.
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The global atomic layer
deposition equipment market is segmented into type and application. Under type
segment, the market is further categorized into Aluminum Oxide ALD, ALD on
Polymers, Metal ALD, Catalytic ALD, and others. The Aluminum Oxide ALD segment
was followed by the metal ALD segment and accounted for the largest market
share in 2016, owing to its extensive usage in various applications such as
dielectric layers, solar cell surface passivation, insulating layers, and
others. Furthermore, application segment is bifurcated into semiconductor &
electronics, and research & development facilities. Semiconductors &
electronics dominated the application segment accounting for more than
two-third of the global market share.
Geographically, the
global ALD equipment market has been segmented into
·
North
America
·
Europe
·
Asia-Pacific,
·
Rest
of the World (RoW).
In 2016, Asia-Pacific
accounted for the largest market share of 52.5%, owing to the presence of cheap
skilled labour & land, and government subsidies which have increased the
adoption of ALD equipment in the region. In the same year, North America
accounted for the second largest market share of 21.2% driven by technological
advancement and growing application of atomic layer deposition equipment across
semiconductor, automotive, and industrial sectors. In terms of growth,
Asia-Pacific is expected to attain the fastest CAGR of 29.9% during the
forecast period 2016-2024.
Major companies
operating in the global atomic layer deposition equipment market include,
·
Cambridge
NanoTech Inc,
·
N.V.,
·
Novellus
Systems Inc.,
·
Aixtron
SE,
·
Tokyo
Electron Ltd.,
·
Hitachi
Kokusai Electric Inc.,
·
Ultratech
Inc.,
·
Adeka
Corp,
·
Applied
Materials Inc.,
·
ATMI
Inc.,
·
ASM
International.
VARIANT MARKET RESEARCH LLP
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