ALD Equipment Market worth $6.0 billion by 2027 - Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 12, 2022 /PRNewswire/ -- ALD Equipment Market is projected reach USD 6.0 billion by 2027 from USD 4.1 billion in 2021, at a CAGR of 8.2% during forecast period, according to a new report by MarketsandMarkets™. Constantly developing semiconductor industry, proliferation of 3D NAND SSDs, and the advantages offered by ALD are some of the major factors driving the market growing during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96683066
Browse in-depth TOC on "ALD Equipment Market"
Plasma-enhanced ALD to account for the largest share of the ALD equipment market during the forecast period
The growing demand for logic and memory devices for various applications is expected to create opportunities for the adoption of ALD. Plasma-enhanced ALD is highly suited for thin film encapsulation of OLED displays and wafer processing for manufacturing logic and memory devices. In recent years, there has been a significant rise in demand for plasma-enhanced ALD due to the advantages it offers, such as facilitating the deposition of thin films at low temperatures and a higher growth rate compared to conventional deposition methods such as thermal ALD.
More-than-Moore applications to register highest growth in the ALD equipment market during the forecast period
The emergence of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and 5G has significantly increased the demand for semiconductor devices. To meet this increasing demand, market players are manufacturing various More-than-Moore devices such as MEMs and sensors, RF devices, advanced packaging, power devices, photonics, and CMOS image sensors. The adoption of these devices facilitates higher device scaling and cost reduction. For More-than-Moore applications, ALD can be used for various front-end processes such as surface passivation, wafer level encapsulation, nucleation layers, and gate dielectric deposition.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=96683066
Asia Pacific to account for the largest share of the ALD equipment market during forecast period
Financial support by various governments is a major factor driving the market growth in Asia Pacific. For instance, the South Korean government announced an expenditure of USD 451 billion by 2030 to strengthen the country's domestic semiconductor production capabilities. Moreover, the growing number of research facilities and growing advancements related to the semiconductor industry in Asia Pacific are expected to provide growth opportunities for market players offering ALD equipment. The availability of inexpensive skilled workforce in Asia Pacific is also a major factor driving the market growth.
The report profiles key players such as ASM International N.V. (Netherlands), Tokyo Electron Limited (Japan), Applied Materials, Inc. (US), Lam Research Corporation (US), Veeco Instruments Inc. (US), Kurt J. Lesker Company (US), Optorun Co., Ltd. (Japan), CVD Equipment Corporation (US), Eugene Technology Co. Ltd. (South Korea), and Beneq (Finland)
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=96683066
Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Semiconductor Manufacturing Equipment Market by Front-end Equipment, Back-end Equipment, Fab Facility Equipment, Product Type, Dimension, Supply Chain Participant, Region (2021-2027)
Compound Semiconductor Market with COVID-19 Impact Analysis by Type (GaN, GaAs, SiC, InP), Product (LED, RF Devices, Power Electronics), Application (Telecommunication, General Lighting, Automotive, Power Supply), and Geography - Global Forecast to 2025
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
Keynote Presentation TBA
Private Network strategies
Special Keynote Address