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Rising Application of ALD Equipment in Nanotechnology Drives the ALD Equipment Market



According to the latest report published by Variant Market Research, the global atomic layer deposition market size was valued at $1,041 million in 2016, and is estimated to reach $8,059 billion by 2024. In this report, the global atomic layer deposition equipment market forecast says that the global market is growing at a CAGR of 29.1 % from 2016 to 2024.

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The global atomic layer deposition equipment market is primarily driven by growing demand for copper deposition equipment in memory devices

Some of the factors such as growing demand for atomic layer deposition in medical & aerospace sector, rising demand for copper deposition equipment in memory devices, and growth in application of ALD equipment in nanotechnology are the key atomic layer deposition equipment market trends propelling the growth of the market. Besides, expensive initial investment and dearth of skilled professional may hinder the growth of the market. Moreover, adoption of ALD in power devices, and energy storage systems is likely to gain the significant impetus for the ALD equipment market growth in the given forecast timeframe.

Market Segmentation
Type, application, and geography are the three major segments considered in the global atomic layer deposition equipment market. The type segment is further segmented into Aluminum Oxide ALD, ALD on Polymers, Catalytic ALD, Metal ALD, and other types. The segmentation by applications consist of research & development facilities, semiconductor & electronics and other applications.

Geographically, the market has been bifurcated into North America, Europe, Asia-Pacific, and RoW. North America (U.S., Mexico, and Canada), Europe (Germany, Italy, France, UK, and Rest of Europe), Asia-Pacific (India, Japan, Taiwan, South Korea, China, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.

Aluminium oxide ALD dominated the type segment with major share in 2016

Aluminium, by type, accounted for the largest market share in the year 2016, followed by metal ALD, driven by extensive usage in various applications such as solar cell surface passivation, dielectric layers, insulating layers and others.

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Semiconductors & electronics, by application held for the largest market share in the year 2016

Semiconductors & electronics occupied the major chunk in the application segment, accounting for two-third of the total atomic layer deposition equipment market share, and is likely to attain the fastest CAGR during the forecast period 2016 – 2014.

Asia-Pacific generated the largest revenue region in the global market in 2016

Asia-Pacific was the largest revenue generating segment in 2016, accounting for 52.5% of the total market share in the geography segment, driven by the presence of government subsidies , cheap skilled labour & land which have raised the adoption of anatomic. In terms of growth, Asia-Pacific is expected to achieve the fastest CAGR of 29.9% throughout the forecast period 2016 – 2024. Moreover, North America held the second largest share with 21.2% of the global market, owing to advancement in technology and increasing applications of ALD equipment across semiconductor, automotive, and other industrial sectors.

Competitive Landscape
The key players profiled in the report include Cambridge NanoTech Inc, Tokyo Electron Ltd., Hitachi Kokusai Electric Inc., Aixtron SE, Ultratech Inc., ATMI Inc., Adeka Corp, Applied Materials Inc., ASM International, N.V., and Novellus Systems Inc., among others.

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Scope of Atomic Layer Deposition Equipment Market
Type Segments
• Metal ALD
• Aluminum Oxide ALD
• ALD on Polymers
• Catalytic ALD
• Others

Application Segments
• Research & Development Facilities
• Semiconductor & Electronics

Geographical Segments
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Italy
o France
o Germany
o Others

• Asia-Pacific
o China
o India
o Japan
o Taiwan
o South Korea
o Others

• RoW
o South America
o Middle East
o Africa

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2. Global Electric Motor Market is estimated to reach $173 billion by 2024, Says Variant Market Research
3. Global Industrial Robotics Market is estimated to reach $77.7 Billion by 2024, Says Variant Market Research

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News Release: Rising Application of ALD Equipment in Nanotechnology Drives the ALD Equipment Market
Submitted on: February 09, 2018 12:15:59 PM
Submitted by: manoj
On behalf of: https://www.variantmarketresearch.com
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