LOS ANGELES, May 14, 2019 (GLOBE NEWSWIRE) -- The Global Atomic Layer Deposition Market is estimated to grow at CAGR above 11.5 % over the forecast time frame 2019 to 2026 and reach the market value around USD 3.2 billion by 2026.

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Due to its high efficiency of storing conformal layers, equal to thickness measurements by nano-layers for complicated semiconductor components, the market is expected to grow substantially over the forecast period. Deposition of atomic layers is a critical process in the production of semiconductor devices and is part of the tools for nanomaterial synthesis. This method for production of thin conformal films is regarded as one of the significant deposits methods. The demand in connection with the advent of nanoscience for complex and miniaturized components has driven the ALD market.

Other important technologies such as physical vapor deposition, chemical vapor deposition, sputtering and epitaxy equipment are the thin film deposition markets. Although CVD currently accounts for a larger market share, its advanced ALD process, rich in features and high production levels with minimal waste, holds its own significance. CVD is the only alternative to ALD, but to a limited degree. Films similar to atomic layer technology are not precisely compatible with this.

Due to their excellent output and the fastest surface reaction rate, Plasma Enhanced-ALD is expected to be the fastest growing product type. ALD is a process of deposition that is surface sensitive. PEALD increases the modification of the surface by plasma exposure that changes nucleation. PEALD films with an extraordinary flatness and uniformity are ultra-slim films. The current work of leading companies worldwide is focused mainly on delivering new, higher-quality, high-performance dielectric materials.

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Regional Overview

Asia-Pacific dominated the 2016 region with an estimated turnover of more than USD 504 million that year. As demand for end-use industries such as semiconductors, electronics and medical equipment as well as the solar sector has rapidly increased, Asia Pacific has achieved maximum market share. China, South Korea, and Taiwan have increased demand for deposition technology due to their deep-rooted electronics manufacturing base. The growth of this region was supported by the proliferation of electronic manufacturing products, huge modernization and increasing economies combined with the increase of consumer electronics spending.

In 2018 the market capitalization of the ALD market in North America was followed by Asia Pacific. The United States and Canada play a major role in regional market growth. The United States emerged as the borderline and in the next eight years it is expected to grow by more than 12 percent. The major driver of growth for North America includes productive regulatory government support to promote domestic private investment, which is likely to play an important role for the growing semiconductor and consumer electro-generating sector in the region.

Market Snapshots

A total of USD 1.09 billion was appreciated in 2016 in the global deposition industry, with a CAGR estimate of 12% from 2019 to 2026.

Due to the growing global status of each industry, the Solar and Medical Equipment industries are two of ALD's fastest-growing applications.

An increase in consumer electronics spending has increased the use of complex ICs and chips for personal computers, laptops, smartphones, and other advanced devices.

Asia Pacific accounted for over 40 percent of total 2018 revenues, mainly in China, Japan, South Korea and Taiwan due to the strong presence of strong production bases and increasing semiconductor and electronic products, solar and medical devices industries.

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Key Players & Strategies

Increased competition among the major international players is born from global nuclear deposition (ALD). The most important aspects of competition are technological progress and innovative product launches. ASM International NV, Lam Research Corporation, Applied Materials Inc., Aixtron SE and Adeka Corporation are key companies in the industry.

Recurring technological improvements and product launches for producing high quality conformal films and gaining sustainability have also been undertaken by some of the major enterprises. Companies work on these aspects in terms of consumer demand and the dynamics of industry. Denton Vacuum LLC, Tokyo Electron Limited, Kurt J. Lesker Company, Veeco Instrument, Beneq Oy, Canon Anvela Corp., Picosun Oy, Entergis Inc. and ALD NanoSolutions, inc. are among the other industrial players that supply this technology.

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