PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1032497
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1032497
According to Stratistics MRC, the Global Atomic Layer Deposition Equipment Market is accounted for $8.38 billion in 2020 and is expected to reach $43.62 billion by 2028 growing at a CAGR of 22.9% during the forecast period. Increasing demand from end use industries such as medical equipment, rise in the usage of solar power cells and growing amount of data generated are driving the market growth. However, economic slowdown and geopolitical matters are hampering the growth of the market.
Atomic Layer Deposition is a sequential deposition method, which is different from most bottom-up deposition methods. Atomic layer deposition uses two different types of precursor material for formation of film or coatings, unlike the sequential deposition method in which one precursor gets deposition then another. Various equipment used for atomic layer deposition based on the application type.
Based on the product, the aluminium oxide atomic layer deposition (ALD) segment is going to have lucrative growth during the forecast period which can be attributed to the ease of availability of precursor material, stability to various substrates and phenomenal characteristics.
By geography, Asia Pacific is going to have high growth during the forecast period as the region is moving towards becoming a hub for original equipment manufacturers (OEMs) particularly in the electronics industry. Furthermore, emerging countries in the region have displayed keen interest on investing in the industry which is leading to the growth of the market.
Some of the key players profiled in the Atomic Layer Deposition Equipment Market include Aixtron, ALD Nanosolutions, Applied Materials, Arradiance, ASM International, Beneq, CVD Equipment, Encapsulix, Entegris, Kurt J. Lesker, Oxford Instruments, Picosun, SENTECH Instruments, Ultratech and Veeco Instruments.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.