Atomic Layer Deposition Market Size

Atomic Layer Deposition Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

ALD is a method of laying down thin layers of material on a surface by a process of atomic deposition. The ALD market is expected to grow at a CAGR of 14.0% from 2022 to 2030. This growth reflects the increasing demand for thin-film deposition processes in a variety of industries, particularly in the field of semiconductor manufacturing, where a precise control of atoms is essential. A key factor driving the growth is the increasing use of ALD in the manufacture of high-performance electronic devices and components. The increasing miniaturization of devices and the need for improved material properties in the field of flexible and stretchable electronics and energy storage are also driving the ALD market. In addition, developments in ALD processes, such as the development of new precursors and equipment, are contributing to the market growth. ASM International, Applied Materials, and Tokyo Electron are launching new ALD systems to meet the increasing demand for the technology.

Regional Market Size

Regional Deep Dive

The atomic layer deposition market is growing rapidly in all regions. This growth is driven by the development of the lithography process in the production of semiconductors, as well as by developments in nanotechnology and materials science. In North America, the market is characterized by the presence of a large number of research institutions and leading semiconductor companies, which promote the development and use of atomic layer deposition technology. In Europe, the market is characterized by the high demand for atomic layer deposition in the automobile and energy industries. The Asian-Pacific market is growing rapidly due to increased investment in the field of consumer goods and electrical engineering. The Middle East and Africa are slowly becoming a new market for atomic layer deposition, with the main application being in the oil and gas industry. The Latin American market is beginning to develop the technology of atomic layer deposition in the field of electrical engineering.

North America

• ALD is one of the advanced manufacturing methods developed by the US Department of Energy to increase the energy efficiency of the production of silicon chips.
• ALD is a new method of depositing thin films, and has not yet reached the industrial scale, but the large companies Applied Materials and Lam Research have been developing and improving this method, which has led to improvements in deposition uniformity and reduced cycle times.
• Miniaturization in the field of electronics is forcing the manufacturers to use the ALD process, which is indispensable for the production of high-performance devices.

Europe

• ALD is one of the most promising new energy-related developments. The European Union’s Horizon 2020 programme is funding ALD-based research projects that are developing new energy-related applications, especially for solar cells and batteries.
• ASM International and Oxford nsults are at the forefront of developing ALD equipment for the automobile industry, which will increase the performance of electric vehicles.
• The regulation of the environment and the use of ALD for the production of light materials in various industries is mainly driven by the reduction of CO2 emissions.

Asia-Pacific

• ALD is widely used in China's chip industry, which is in great demand for the rapid development of the industry, and it is mainly because of the support of the central government.
• The leading South Korean electronics companies, such as Samsung and SK Hynix, are investing in ALD to enhance the performance of memory and logic devices.
• Tokyo Electric is at the forefront of ALD technology, and is developing the next-generation displays and sensors.

MEA

• In the field of oil and gas, the UAE is working on the use of ALD technology, with the aim of improving the efficiency of extraction and refining.
• In South Africa, the first research centres are beginning to investigate the use of ALD in the synthesis of nanomaterials, which could lead to a great many technological advances.
• In the region, governments are slowly beginning to recognize the potential of ALD to diversify economies beyond oil.

Latin America

• Brazil is beginning to invest in ALD for its expanding electronics industry, in particular for the production of semi-conductors and photovoltaic cells.
• Universities and local companies are now beginning to work together in joint projects, especially in the field of ALD and its applications in nanotechnology and materials science.
• The support of innovation and the development of new manufacturing methods are gradually increasing, encouraging the use of advanced manufacturing processes such as ALD.

Did You Know?

“ALD can be used to deposit materials with atomic-level precision, which is essential for the manufacture of next-generation semiconductors and other micro- and nano-devices.” — International Journal of Nanotechnology

Segmental Market Size

The atomic layer deposition market is currently experiencing strong growth, largely due to its importance in the semiconductor and nanotechnology industries. The miniaturization of electrical components, which requires an accurate deposition of thin films, and the use of atomic layer deposition for the preparation of advanced materials for applications such as batteries and photovoltaics are also important driving factors. In addition, government initiatives in favour of sustainable manufacturing processes are likely to further increase the appeal of this market.

During the course of the present decade, ALD has been used in a number of fields. It is now a mature technology, with the leading companies ASM and Applied Materials at the forefront. Among the regions where ALD is most widely used are East Asia, especially South Korea and Taiwan. Here the main applications are in the manufacture of integrated circuits. ALD is used to produce high-k dielectrics and barrier layers in microelectronics, as well as to coat medical devices. ALD is also used to produce a wide variety of optical coatings. The drive for energy-efficient devices and the emphasis on sustainable development are driving the market. The advent of new ALD processes, such as spatial ALD and plasma-enhanced ALD, is shaping the future.

Future Outlook

The ALD market is expected to grow at a CAGR of 13.6% from 2023 to 2030. This robust growth is driven by the increasing demand for advanced materials in the semiconductor industry, especially as the industry moves towards smaller nodes and more complex architectures. By 2030, the ALD market will be a major contributor to the manufacturing of next-generation devices, such as smartphones, IoT devices, and high-performance computers. The ALD market for the IC industry is expected to reach up to 40% of the total deposition market by 2030, which reflects the growing trend towards higher precision and efficiency in manufacturing processes.

ALD is a promising technology with a lot of potential. With the development of new precursors and improved equipment, the technology is expected to be further improved and become more widely applicable. ALD is also likely to be favored by the growing demand for sustainable and energy-efficient production processes, as it offers a combination of excellent material properties and low energy consumption. Also contributing to the growth of the market are new trends, such as the integration of ALD into the production of nanostructures and the growing importance of ALD in the fields of photovoltaics and batteries. In view of the increased focus on high-performance materials, the ALD market will continue to develop into an important component of the advanced manufacturing industry and is expected to play an important role in the technological developments of the future.