Global Atomic Layer Deposition Market

Atomic Layer Deposition Market Size, Share, Growth Analysis, By Product(Thermal ALD, Metal ALD), By Application(Electronics & Semiconductors, Solar Devices) - Industry Forecast 2024-2031

Report ID: SQMIG45O2009 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 63 | Figures: 75

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Atomic Layer Deposition Market size was valued at USD 1.91 billion in 2022 and is poised to grow from USD 2.14 billion in 2023 to USD 5.43 billion by 2031, growing at a CAGR of 12.30% during the forecast period (2024-2031).

atomic layer deposition market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Adeka Corporation', 'Applied Materials, Inc.', 'ASM International NV', 'Aixtron SE', 'Entegris, Inc.', 'Tokyo Electron Limited', 'Lam Research Corporation', 'Veeco Instruments Inc.', 'Picosun Oy', 'Oxford Instruments plc', 'Ultratech, Inc.', 'Kurt J. Lesker Company', 'Beneq Oy', 'ALD NanoSolutions, Inc.', 'Arradiance, Inc.', 'LAMINAR Coating Technologies, Inc.', 'SENTECH Instruments GmbH', 'SoLayTec B.V.', 'Applied Microstructures, Inc.', 'NCD Technologies, Inc.'

Governments all around the world are investing in and promoting the use of electric vehicles due to growing worries about warming and environmental degradation. As a result, the market for lithium-ion batteries is expanding due to their potential as an energy source for automobiles. The use of atomic layer deposition in lithium-ion battery manufacturing is having a favourable impact on the market's expansion.

Manufacturing the tiniest mechanical, electrical, and optical components is known as miniaturisation. In other terms, it is a method of decreasing the size of electronic gadgets. Because everyone desires smaller, more compact, and portable devices, miniaturisation is in vogue. Currently, nanotechnology holds the promise of turning the molecular beam into tiny electronics (functional). This is a significant advance in miniaturisation.

Asia Pacific held the greatest market share, accounting for 40.6% of total revenue in 2021 Due to the presence of numerous electronics manufacturers in the regional economies. Increased government spending on infrastructure development is also projected to benefit market expansion in this region by encouraging top electronics and automobile firms to locate manufacturing facilities there. Due to the established electronics manufacturing hubs in South Korea, China, and Taiwan, there is less demand for deposition technologies. The spread of electronics product production, extraordinary modernization, growing economies, and rising consumer electronics consumption have all contributed to the region's growth.

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