Published: Apr, 2017
The global atomic layer deposition (ALD) equipment market has been expected to witness a weighty presence of both regional and international players by the analysts at Transparency Market Research (TMR). A latest research study authored by TMR has revealed that the global ALD equipment market could see an intensified level of competition during the course of the forecast period 2016–2024. Top players operational in the global ALD equipment market are anticipated to be exposed to heightened rivalry based on factors such as product upgrade, technology, and development.
After registering a more than 28.0% share in the world ALD equipment market in 2015, ASM International N.V. had sprung up as a supreme player. In the same year, an estimate cumulative share of close to 59.0% was recorded by Tokyo Electron Ltd., Applied Materials, Inc., and ASM International N.V. in the world ALD equipment market.
As per the statistics of the TMR report, the international ALD equipment market held a valuation of US$0.87 bn in 2015 and has been envisioned to reach US$8.58 bn by 2024 at an almost 30.0% CAGR. Aluminum oxide (Al2O3) ALD could draw a decent revenue of US$3.48 bn by the concluding forecast year in the international ALD equipment market. Asia Pacific could lead the international ALD equipment market on the back of its staggering 59.5% share expected by the same year.
Research and Semiconductor Processing Applications Give Assurance to Manufacturers
The analysts have foretold the rising requirement of copper deposition equipment for memory devices as a strong factor helping the worldwide ALD equipment market to gain momentum. Aluminum oxide (Al2O3) ALD could raise the hopes of vendors in the worldwide ALD equipment market as it finds extensive usage in the research field for a plentitude of optoelectronics and micro applications. With a snowballing technology usage in smartphone and other electronic gadget manufacturing, the demand for semiconductor processing in the worldwide ALD equipment market has been prognosticated to increase.
Approving government subsidies, availability of skilled labor at cheaper cost, high sales prospects, and speedy industrialization are some of the factors that have been prophesied to pamper the growth of Asia Pacific in the worldwide ALD equipment market. The nanotechnology sector could see a mushrooming usage of ALD equipment because of the latest developments in the ALD technology.
Struggling Sales and Deposition Rates bring Standstill in Demand
Low sales owing to the exorbitant initial investment needed to get possession of ALD equipment and strict regulatory norms for exports could hinder the growth of the world ALD equipment market. Besides this, sluggish ALD equipment deposition rate and deprivation of skilled human resource have been predicted to impede the demand in the world ALD equipment market.
Nonetheless, manufacturers functioning in the world ALD equipment market could leverage opportunities birthing from the burgeoning of ALD across various applications such as electronic textiles, hydrophobic coatings, and flexible electronics. As a result, manufacturers could expect to sustain their growth in the world ALD equipment market. Moreover, superior players in the world ALD equipment market have been envisioned to take advantage of the proliferating applications of ALD throughout energy and power storage devices.
This review is based on the information published by TMR in a new report, titled “Atomic Layer Deposition Equipment Market (Type - Aluminum Oxide (Al2O3) ALD, Catalytic ALD, Metal ALD, and ALD on Polymers; Application - Semiconductor and Electronics (Barrier Layers, Integrated Circuit (IC) Applications, Solar Panels, Display Panels, and Sensors) and Research and Development Facilities) - Global Industry Analysis Size Share Growth Trends, and Forecast 2016-2024.”
The global ALD equipment market has been segmented as given below:
Global ALD Equipment Market by Type
- Aluminum Oxide (Al2O3) ALD
- Catalytic ALD
- Metal ALD
- ALD on Polymers
Global ALD Equipment Market by Application
- Semiconductor and Electronics
- Barrier Layers
- Integrated Circuit (IC) Applications
- Solar Panels
- Display Panels
- Research and Development Facilities
Global ALD Equipment Market by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Middle East and Africa
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