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Atomic Layer Deposition Equipment Market Global Growth, Share, Revenue and Applications Market Resea

Author: Sheryl Dias
by Sheryl Dias
Posted: Feb 14, 2022

The global atomic layer deposition equipment market was valued at USD 1,770.5 Million in 2019 and is projected to reach USD 3,755.3 Million by 2027, expanding at a CAGR of 10.4% during the forecast period. The atomic layer deposition (ALD) is a method that enables the deposition of thin films of a variety of materials onto any substrate. The ALD process involves a substrate surface that is exposed to alternating precursors which are not overlapping but are sequentially introduced.

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Market Introduction

The introduction of Industry 4.0, IoT, artificial intelligence, and big data technology can enhance the manufacturing process and thus create sustainable market opportunities. The rise in the usage of smartphones and the launch of 5G technology is expected to have a positive impact on semiconductor trends

Market Dynamics

The market is driven by factors such as growth in industries such as electronics and semiconductor solutions, rise in the demand for electronic components in the automotive industry, increase in concerns for global warming climate change, and increasing use of component miniaturization in the electronic devices. However, high processing costs, high material waste, and high energy waste rates are key restraint of this market.

Emerging applications of ALD and recent developments in molecular precursors for ALD are increasing the adoption of ALD equipment, thus boosting the growth of the market. Recent market trends include spatial ALD for flexible electronics, 3D printed reactor for ALD, enables complex 3D nanostructures, and uniformity & conformality.

Regional Outlook

Based on countries, the ME Atomic Layer Deposition Equipment Market is fragmented into Saudi Arabia, Egypt, the UAE, and Rest of Global. Saudi Arabia is expected to hold major share of the market during the forecast period. The Global is a repository of the largest reserves of oil in the world. A large number of countries in the region produce large quantities of oil for export. The Saudi Arabian and Iraqi are the two major pipeline systems in the Global. In the countries Saudi Arabia and UAE are expected grow during the forecast period owing to increasing number of oil pipelines and export activities in the region.

Competitive Landscape

  • Key players in the market include Tokyo Electron Limited, Applied Materials, Inc. and LAM RESEARCH CORPORATION. They considered as key manufacturers of the market based on their different varieties of product availability, regional presence, better supply chain management system, and the increasing demand for the products.
  • The players are adopting key strategies such as acquisition, and geographical expansion where potential opportunity for the atomic layer deposition equipment extraction is added in the company’s capacity.

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Author: Sheryl Dias

Sheryl Dias

Member since: Mar 16, 2021
Published articles: 10

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