PUBLISHER: The Business Research Company | PRODUCT CODE: 1658768
PUBLISHER: The Business Research Company | PRODUCT CODE: 1658768
ALD (Atomic Layer Deposition) equipment is an innovative deposition technology that enables the precise deposition of ultra-thin layers, reaching thicknesses as fine as a few nanometers. ALD is utilized for applying protective and functional coatings, particularly in applications that demand corrosion or wear resistance, such as fuel cells. The technology is based on a surface-controlled thin film deposition process.
The main deposition methods of ALD equipment include plasma-enhanced ALD, thermal ALD, spatial ALD, roll-to-roll ALD, powder ALD, and others. Plasma-enhanced ALD is particularly used for synthesizing ultra-thin films with A (angstrom)-level resolution. This technique enables atomic-scale control of thin films made from various materials. The films deposited by ALD equipment include oxide films, metal films, sulfide films, nitride films, and fluoride films. These films find applications in non-semiconductor sectors such as medical, energy, conventional optics, and coatings. Additionally, they are applied in the semiconductor sector under the categories of 'more-than-Moore,' research and development facilities, and 'Moore' technologies.
The ALD equipment market research report is one of a series of new reports from The Business Research Company that provides ALD equipment market statistics, including ALD equipment industry global market size, regional shares, competitors with a ALD equipment market share, detailed ALD equipment market segments, market trends and opportunities, and any further data you may need to thrive in the ALD equipment industry. This ALD equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ALD equipment market size has grown strongly in recent years. It will grow from $3.41 billion in 2024 to $3.7 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to semiconductor industry growth, nanotechnology advancements, rising demand for miniaturization, emergence of advanced materials, growing demand in medical devices.
The ALD equipment market size is expected to see strong growth in the next few years. It will grow to $5.22 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to novel materials development, R&D and innovation investments, energy sector innovations, telecommunications industry needs, growth in optical coatings. Major trends in the forecast period include energy and battery technologies, medical and biotechnology applications, aerospace and defense applications, environmental concerns and green technologies, focus on surface engineering.
The rapid expansion of the electronics and semiconductor sector is anticipated to boost the ALD (Atomic Layer Deposition) equipment market. The electronics industry encompasses businesses involved in creating, designing, manufacturing, and selling various equipment, including radios, televisions, stereos, computers, semiconductors, transistors, and integrated circuits. ALD equipment plays a crucial role in the electronics and semiconductor industry by producing substrates for microelectronics and nanotechnology. Furthermore, ALD technologies are vital for fabricating protective and functional coatings used in applications such as fuel cells, which require corrosion or wear resistance. For example, according to ROI Revolution, a US-based digital marketing agency, online revenue from consumer electronics is projected to reach $74.86 billion in 2021 and is expected to rise to over $88.3 billion by 2025. Additionally, e-commerce sales for consumer electronics are forecasted to exceed $79 billion in 2022, marking a 7% increase from 2021. Consequently, the growth in electronics and semiconductor sales will drive the ALD equipment market.
The burgeoning solar industry is set to catalyze the growth of the ALD equipment market. This global sector is dedicated to advancing and commercializing solar energy technologies. In solar cell and photovoltaic system manufacturing, ALD equipment plays a crucial role, enabling enhanced performance and functionality through its deposition techniques. Notably, ALD facilitates the development of solar cells with higher efficiency and improved energy conversion rates. For instance, in March 2023, Canadian Solar Inc. reported a remarkable 68% year-over-year increase in solar module shipments to 6.4 GW and a 29% revenue surge to $1.97 billion. Their 2022 record revenues of $7.47 billion marked a substantial 42% year-on-year increase. This data underscores the pivotal role of ALD in driving growth within the solar industry.
The ALD equipment market is witnessing a surge due to the emergence of advanced technologies. Innovative materials and designs deployed in advanced chip production have surged the demand for atomic layer deposition solutions. The rising utilization of various logic devices and memory technologies has substantially contributed to the proliferation of ALD applications. For example, ASM International N.V. introduced TENZATM ALD in July 2022-an advanced 300mm wafer single wafer ALD process technique. This innovation optimized for gap-fill applications boasts superior film quality, conformal coverage throughout the trench, and highest productivity within its class, augmenting the demand for ALD solutions.
Major companies in the ALD (Atomic Layer Deposition) equipment market are concentrating on innovative developments, particularly in energy efficiency, which leads to reduced energy consumption and improved precursor utilization. Energy efficiency involves using less energy to achieve the same task or outcome. For example, in August 2024, Kalpana Systems, a Netherlands-based company specializing in advanced technology solutions, introduced roll-to-roll spatial atomic layer deposition (sALD) tools, representing a significant leap in thin film deposition technology. This new roll-to-roll sALD tool is designed for industries such as solar PV, OLEDs, batteries, and packaging. The technology allows for high-speed deposition of thin layers with atomic precision, improving stability and durability. It is energy-efficient and can be integrated with other deposition methods for large-scale applications, thereby supporting rapid, flexible manufacturing processes across various sectors.
In June 2022, Applied Materials, a US-based company, engaged in materials engineering solutions for semiconductors, flat panel displays, and solar photovoltaic (PV), acquired Picosun Oy for an undisclosed amount. With this acquisition, Picosun's ALD technology expands Applied Materials, Inc ICAPS's product offering and customer engagements. Additionally, Picosun would contribute substantial R&D skills, talented teams, and excellent links with major research institutions and universities worldwide. Picosun Oy is a Finland-based company engaged in innovative atomic layer deposition (ALD) technology, primarily for specialty semiconductors.
Major companies operating in the ALD equipment market are ASM International N.V., Tokyo Electron Limited, Applied Materials Inc, Lam Research Corporation, Veeco Instruments Inc, Kurt J. Lesker Company, Optorun Co Ltd, CVD Equipment Corporation, Eugene Technology Co Ltd, Beneq Oy, Oxford Instruments PLC, Arradiance LLC, Encapsulix, EntegrisInc, Picosun Oy, SENTECH Instruments GmbH, Aixtron SE, Denton Vacuum LLC, Adeka Corporation, Jiangsu Leadmicro Guide Nano Equipment Technology Co Ltd, Forge Nano Inc, Nano-Master Inc, Air Liquide S.A., Applied Microengineering Ltd., Cambridge Nanotech Inc., Genus PLC, Hitachi Kokusai Electric Inc., Jusung Engineering Co. Ltd., KDF Electronic & Vacuum Services Inc., Levitech BV, MNTech Co. Ltd.
Asia-Pacific was the largest region in the ALD equipment market in 2024. The regions covered in the ald equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the ald equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ALD equipment market consists of sales of aluminum oxide ALD, ALD on polymers, and catalytic ALD. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
ALD Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ald equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ald equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ald equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.