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ATOMIC LAYER DEPOSITION (ALD) MARKET ANTICIPATED TO GROW AT A CAGR OF 19.49% FROM 2019 TO 2030

Summary

Market Industry Reports (MIR) has published a new report titled “Atomic Layer Deposition (ALD) Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2030.” According to the report, the global atomic layer deposition (ALD) was valued at over US$ […]

Market Industry Reports (MIR) has published a new report titled “Atomic Layer Deposition (ALD) Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2030.” According to the report, the global atomic layer deposition (ALD) was valued at over US$ 723.9 Mn in 2018 and It is anticipated to grow at a CAGR of 19.49% from 2019 to 2030.

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Increasing use of ALD technology across different verticals, like healthcare, nanotechnology and solar energy among others is the prime factor driving the market growth. The rising demand for 3D NAND storage and nano based applications provides significant opportunity to the players present in this market.

Key players are looking for advancement in technology

As the market is consolidated with few players holding the significant share in the ALD market, leading players have focused on acknowledging the adoption of ALD technology for the deposition of high quality layers for photovoltaic (PV) applications. ASM International, Tokyo Electron Limited (TEL) and LAM Research Corporation are some of the leading players in the market. Other prominent players in the market are Veeco Instruments Inc., Picosun Oy, Applied Materials, Inc., AIXTRON, Kurt J. Lesker Company, Denton Vacuum, and ADEKA CORPORATION among others

Technological advancements

The use of ALD equipment in nanotechnology is one of the major factors driving the market growth. Technologically advanced ALD equipment is extensively used as tools for the manipulation of nanotechnology. As the market for nanotechnology is anticipated to grow over the years, this will indirectly influence the growth of ALD market. Moreover, growing demand for 3D NAND memory devices, have contributed significantly to the ALD market, as ALD technologies are widely used in fabrication of these products.

Increasing demand from various end use applications

Rising demand of ALD technology for various end use applications is the major factor driving the market growth. ALD driven nanoscale semiconductor also finds several applications, in functional coatings, catalysis & photo catalysis, renewable energy conversion & storage, chemical sensing, opto-electronics, and flexible electronics. ALD is increasingly used in lithium batteries as it can store large amount of energy in compact size. Moreover, rise in R&D also provide new avenues for the market growth

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By Product

Aluminum Oxide
Catalytic
Metal
Plasma Enhanced (PEALD)
Other Products

By Application

Solar Devices
Healthcare
Semiconductors
Electronics
Other applications

Some Key Point From TOC:

INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study
Currency Used

RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecast Model
Limitations/Assumptions of the Study

ABSTRACT OF THE STUDY

MARKET DYNAMICS ASSESSMENT
Overview
Drivers
Barriers/Challenges
Opportunities

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