Atomic Layer Deposition (ALD) Market Overview

The atomic layer deposition market size is likely to expand during the ongoing forecast period of 2021-2028. The global market operations are likely to be carried forward at a CAGR that accounts for 13.9% during the ongoing forecast period.

Atomic layer deposition (ALD) can be understood as a technique that helps build a thin film monolayer with a self-limiting reaction. ALD offers a high and reliable degree of thickness resolution, alongside excellent conformity for high aspect ratio surfaces, with a pinhole-free layer, as well. This deposition technique offers controlled functioning over large areas that have extreme precision and repeatability. The ALD technique is gaining a good degree of popularity and has the most common use in the semiconductor industry for its use across wide applications involved in high-k dielectric films in memory devices, CMOS processing, sensors, amongst others like micro-electromechanical systems (MEMS), and fuel cells.

COVID 19 Analysis

The system of virtual working and work-from-home scenarios has delivered extraordinary help since the pandemic has hit the existences of individuals across the world. Since the pandemic has hit, individuals are thinking that it is hard to acclimate to the new typical, and organizations have been significantly upset. The non-accessibility of main considerations like work, skilled labor, and resources that are contributing towards the development of the economy is going about as significant concerns. These are hurting the seriousness of the creation and assembling units and it is becoming hard for them to keep a smooth inventory network system by satisfying the atomic layer deposition market needs. Individuals who have contracted the Covid are under emergency clinic care or home quarantine. To seek better and proper treatment, they need to utilize such available items and give the wellbeing concerns and data that is valid and best according to one's information. 

Attributable to the innovative progression and cutthroat level of this administration programming, the public authority is supporting comparative drives from set up organizations and new businesses. Likewise, a large number of them are putting resources into comparative strides across the globe. Also, the atomic layer deposition market players are up for improvement for item variety, foundation, and dispatches for the main interest group that is spread in different locales across the globe.

Competitive Landscape

The prominent market players of the atomic layer deposition market are as follows:

• Jiangsu Leadmicro Guide Nano Equipment Technology Co., Ltd (China)


• 
  Denton Vacuum (US)


• CVD Equipment Corporation (US)


• Kurt J. Lesker Company (UK)


• 
  Veeco Instruments (US)


• Tokyo Electron Limited (Japan)

Market Dynamics

Drivers

The growth of the global atomic layer deposition (ALD) market size is driven by the application of the ALD technique that is present in complicated semiconductor components. The growing demand for ALD equipment in nanotechnology, followed by the growth of the solar power industry, and the inclusion of the ALD technique to conduct the manufacturing process of small components at low cost in various industries is likely to present the global market with lucrative opportunities for expansion in the global market premises for the audience. There is a better degree of sensitivity and precision of the ALD technique that is increasing its application in nanotechnology and further, resulting in increasing the size of the atomic layer deposition market on a global scale.

Restraints

However, the atomic layer deposition market is witnessing a high degree of initial investment and lack of skilled professionals are the major factors expected to hinder the market growth forecast for the ongoing forecast period that will end in 2028. The training cost of the ALD or chemical vapor deposition (CVD) technique is quite high, while the handling of the ALD process requires extreme caution and a high degree of precision.

Technology Analysis

The ALD method is recognized for helping in the synthesis and fabrication of nanomaterials while increasing the biocompatibility of the nanoparticles, as a part of the global atomic layer deposition market. According to the National Science Foundation (NSF), the nanotechnology industry is projected to register a CAGR of 12.8% by the end of the period in 2028 which is expected to propel the growth of the global atomic layer deposition (ALD) market in the global market premises. For instance, lithium compounds are being recognized for their use as sunscreen lotions. But, the direct use of lithium in sunscreen may adversely affect the skin types of various people. The coating sunscreen particles with ALD are known to help to effectively block ultraviolet radiation. Thus, the coating lithium nanoparticles alongside aluminum oxide make the lotions suitable for use for a larger target audience.

Study Objectives

• The global market report aims to direct the market examination dependent on the elements like drivers and restrictions that are accessible to the market during the ongoing forecast period that will be ending in 2028. These factors assistance in anticipating the CAGR rate and revenue worth of the atomic layer deposition market during the period and understanding the dynamics that have positive attributes in store for the market during the ongoing forecast period.


• The global market report aims to concentrate on available the available atomic layer deposition market divisions and segments and further, understand their capacity in various areas and thus, play a part in pushing the prominent and experienced market players to make significant strides and upgrade the common factors giving rise to competition that is prevailing in various global locations and amongst a series of the target audience.


• The atomic layer deposition market aims to investigate the market scope by seeing and understanding the means like recent developments, mergers, acquisitions, tradings, and much more, that have been attempted by the market players and are further, reflected in the new advancements embraced by them during the period that will be ending in 2028.

Segment Overview

The atomic layer deposition market show that the global market is witnessing a major degree of momentum owing to the rising demands of the target audience being catered by the market segments which are as follows:

Based on the market type

The global atomic layer deposition market share depicts type segmentation into metal ALD, aluminum oxide ALD, plasma enhanced ALD, catalytic ALD, amongst many others.

Based on the market application

The global atomic layer deposition market has been segmented based on applications and includes semiconductors, instrumentation, solar devices, nanotechnology, electronics, flexible devices, medical equipment, alongside others.

Based on the global regions

The global atomic layer deposition market trends are prevalent in global regions like North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

Regional Analysis

The global atomic layer deposition market size in this report has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. The Asia-Pacific market held over 40% share of the global atomic layer deposition market during the historic forecast period that had ended in 2019 and is expected to continue its dominance throughout the forecast period of 2021-2028, owing to increasing demand for consumer electronics such as smartphones, personal computers, laptops, and other gadgets. This has increased the use of complex ICs and chips.

However, with the growth of the medical industry, the atomic layer deposition market is expected to gain major traction during the review period. The European regional growth is majorly driven by the application of the ALD technique in the fabrication of semiconductor devices alongside the synthesis of nanomaterials that are coupled with the presence of a large number of automotive manufacturers in the geographical region in the period.

Recent Developments

June 2023: A company called Applied Materials announced the launch of its new ALD system, the Centura NXT. The Centura NXT is said to be the most advanced ALD system on the market, and it is designed to meet the growing demand for ALD in the semiconductor and electronics industries.June 2023: A team of researchers from the University of Texas at Austin developed a new method for using ALD to deposit graphene. This new method could lead to the development of more efficient and scalable graphene production processes.May 2023: A company called CVD Equipment Corporation announced the launch of its new ALD system, the ALD-300. The ALD-300 is a small-scale ALD system that is designed for research and development applications.

Report Overview

The atomic layer deposition market has been prepared to help the potential market investors and buyers to understand the scale of operations for the ongoing forecast period of 2021-2028. The market report helps to understand the rising market competition based on the recent developments undertaken by the market players during the period.

Report Attribute/Metric	Details
Market Size	2028: Significant Value
CAGR	13.9% (2021-2028)
Base Year	2020
Forecast Period	2021 to 2028
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Application
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	ALD NanoSolutions, Inc (US), Applied Materials, Inc (US), ASM International NV (The Netherlands), ALD Vacuum Technologies GmbH (Germany), Jiangsu Leadmicro Guide Nano Equipment Technology Co., Ltd (China), CVD Equipment Corporation (US), Tokyo Electron Limited (Japan), Denton Vacuum (US), Kurt J. Lesker Company (UK), and Veeco Instruments (US)
Key Market Opportunities	The use of ALD in biosensing and chemicals, such as quantum dot biomarkers, surface plasmon sensors, and organic pollution degradation is expected to boost the growth of the global market.
Key Market Drivers	The growth of the semiconductor industry, coupled with the increasing demand for copper deposition equipment for memory devices