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Kenneth Research added a report on Atomic Layer Deposition Equipment Market into the repository of market research reports. The report includes in-depth analysis on the growth drivers, expansion opportunities, restraints and challenges and the recent trends in the market. The market is anticipated to grow at a CAGR of 29.1% during the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Atomic Layer Deposition Equipment Market products.
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Global Atomic Layer Deposition (ALD) Equipment Market is estimated to reach $8,059 million by 2024; growing at a CAGR of 29.1% from 2016 to 2024. Atomic layer deposition (ALD) is a thin film deposition technique based on sequential use in gas phase process. ALD has gained popularity in the research and industrial applications, owing to its low deposition rate. It is used for producing nanofilms for various commercial sectors and mechanical devices such as microprinters, smartphones, videogames, DVD players, portable media players, and others. Rising demand for high end semiconductor devices and growth in research activity pose an increased demand for atomic layer deposition equipment.
The global atomic layer deposition equipment market is majorly driven by growth in application of rise in demand for ALD in medical and aerospace electronics field, ALD equipment in nanotechnology, and increase in demand for copper deposition equipment in memory devices. However, lack of skilled workforce and high cost of initial investment would act as a restraint for the market. Application of ALD in power devices, and energy storage systems would provide several growth opportunities for the market in the coming years.
Type, application, and geography are the major segments of global ALD equipment market. Type segment includes Catalytic ALD, Metal ALD, ALD on Polymers, Aluminum Oxide ALD, and others. By application, the market is categorized into semiconductor & electronics, and research & development facilities. Aluminum Oxide ALD dominated the type segment followed by the metal ALD segment 2016, owing to its extensive usage in various applications such as dielectric layers, insulating layers, solar cell surface passivation, and others.
Geographically, the global ALD equipment market has been bifurcated into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, Italy, France, Germany, and others. Asia-Pacific covers China, India, Japan, Taiwan, South Korea, and others. Rest of the world covers South America, Middle East and Africa.
The Key players in the atomic layer deposition equipment market are ASM International N.V., Cambridge NanoTech Inc, Novellus Systems Inc., Tokyo Electron Ltd., Aixtron SE, Hitachi Kokusai Electric Inc., Ultratech Inc., Adeka Corp, Applied Materials Inc., and ATMI Inc., among others.
The key takeaways from the report:
The report will provide detailed analysis of Atomic Layer Deposition Equipment Market with respect to major segments such as type, and application. The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024. Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report. An exhaustive regional analysis of Atomic Layer Deposition Equipment Market has been included in the report.
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Profile of the key players in the Atomic Layer Deposition Equipment Market, will be provided, which include key financials, product & services, new developments and business strategies.
Scope of Atomic Layer Deposition Equipment Market
Type Segments
Metal ALD
Aluminum Oxide ALD
ALD on Polymers
Catalytic ALD
Others
Application Segments
Research & Development Facilities
Semiconductor & Electronics
Geographical Segments
North America
US
Canada
Mexico
Europe
UK
Italy
France
Germany
Others
Asia-Pacific
China
India
Japan
Taiwan
South Korea
Others
RoW
South America
Middle East
Africa
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