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Atomic Layer Deposition Market with Insights on the Key Factors and Trends Impacting the Growth

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The atomic layer deposition market was exceeded US$ 3.7 billion in 2020 and is projected to reach US$ 7.5 billion by 2030, expanding at an annual CAGR of 7.3 percent, according to a 2021 study by Precedence Research, the Canada-based market Insight Company. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The dairy products market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

Atomic layer deposition is a very popular and best methods for producing thin films. These thin films are extensively used in telecommunication devices, integrated circuit, transistors, LCDs, LEDs, solar cells, computer chips, and in many other applications. This has become an important part of the human life. Therefore, the extensive usage of thin films which is generally made from the atomic deposition techniques is driving the growth of the market across the globe. Further, the growing adoption of miniature devices and equipment in various industrial manufacturing units is boosting the growth of the global atomic layer deposition market. The rapid urbanization and rapid industrialization are the major factors that are expected to fuel the market growth especially in the developing economies of China, India, Brazil, and South Korea.

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Market Report Scope

Report Highlights Details
Market Size USD 7.5 Billion by 2030
Growth Rate CAGR of 7.3% From 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered Product, Application, Region

Competition Landscape

In the final section of the research report, Precedence Research provided the global atomic layer deposition market structure and a detailed competition landscape to provide a dashboard view of key players operating in the atomic layer deposition market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the atomic layer deposition market include:

  • Lam Research Corporation
  • Applied Materials, Inc.
  • Tokyo Electron Ltd.
  • ASM International
  • Veeco Instruments, Inc.
  • Denton Vacuum, LLC.
  • Picosun Group
  • ALD NanoSolutions, Inc.
  • Beneq Oy.
  • Kurt J. Lesker Company
  • Canon Anvela Corporation

Crucial factors accountable for market growth are:

  • Rapid industrialization
  • Government policies to attract FDIs in the developing regions
  • Growing demand for the electric vehicles and growth of the automotive industry
  • Sustainable growth of the white goods industry across the globe
  • Growing production of miniature devices and equipment
  • Rapidly growing medical equipment manufacturing industry
  • Rising demand for the solar devices

Report Highlights

  • By product, the aluminium oxide segment dominated the global atomic deposition market in 2020. The extensive use of the atomic layer deposition technique for the production of aluminium oxide thin films significantly contributed to the segment growth. The growth of this segment is directly related to the growth of the electronics and the automotive industries.
  • By application, the solar devices segment is estimated to be the fastest-growing segment. The rising concerns regarding global warming, had resulted in the growth of the government initiatives to reduce carbon footprint. This resulted in the higher adoption of solar energy across the globe. Therefore, the growing demand for the solar devices is expected to foster the growth of this segment during the forecast period.

Market Dynamics

Drivers

The atomic layer deposition market is significantly driven by the growing demand for the logic chips and foundries for expanding production. Further, increasing demand for the high performance processors and development of 5G smartphones is expected to foster the growth of the global atomic layer deposition market during the forecast period.

Restraints

The high costs associated with the use of technologies of atomic layer deposition and the costs associated with the research and development is a major factor that may hamper the market growth during the forecast period.

Opportunities

The growing investments towards the development of V2X (Vehicle to everything) and M2X (Machine to everything is expected to provide new opportunities to the market players of the atomic layer deposition market. The V2X and M2X are the wireless communication technologies that requires extensive use of atomic layer deposition technique.

Challenges

Growing demand for the innovative and compact technologies have resulted in the development of the technological challenges. The technologies have now become more complex due to the complexity in the device structures. Hence these complexities are to be dealt with by the market players to sustain the growth.

Regional Snapshots

The Asia Pacific is the dominating and the fastest-growing atomic layer deposition market. The atomic layer deposition market in Asia Pacific is primarily driven by the huge number of electronics manufacturers in the economies such as China, Japan, South Korea, Taiwan, and India. This has fueled the consumption of the atomic layer deposition in the past. Further, the rising government expenditure on building infrastructure to attract top electronics and automotive manufacturers to set up manufacturing units in the region is expected to positively impact the growth of the atomic layer deposition market in this region.

North America is the second largest market just after Asia Pacific. The rapid growth of the industries has fueled the growth of the market in North America. Moreover, the presence of top automotive market players such as Ford Motor Company, Toyota Motors, and General Motors has significantly contributed towards the growth of the atomic layer deposition market in the region. Further, the growing popularity of electric vehicles is a major factor that is estimated to boost the consumption of the atomic layer deposition technology in the developed markets of Canada and US.

Market Segmentation

By Product

  • Aluminium Oxide
  • Metal
  • Catalytic
  • Plasma Enhanced
  • Others

By Application

  • Solar Devices
  • Semiconductors
  • Electronics
  • Medical Equipment
  • Others

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and

Questionnaire based research etc.

  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Most Asked Questions –

  • What was the market size value of the atomic layer deposition in 2020?
  • What is the expected market size by 2030?
  • What is the atomic layer deposition market growth?
  • What are the key factors that positively influence market growth?
  • Who are the prominent players in the atomic layer deposition market?

Why should you invest in this report?

If you are aiming to enter the global atomic layer deposition market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for atomic layer deposition are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1295

TABLE OF CONTENT

By Product

  • Aluminium Oxide
  • Metal
  • Catalytic
  • Plasma Enhanced
  • Others

By Application

  • Solar Devices
  • Semiconductors
  • Electronics
  • Medical Equipment
  • Others

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1295

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