ALD Systems Market Size, Share, Growth, and Industry Analysis by Type (PE-ALD and Thermal ALD) By Application (Semiconductor and Integrated Circuits, PV Industry, and Others), Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2022 To 2030

Updated On: 11 September 2023

ALD Systems Market Report Overview

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The global ALD systems market size is expected to be USD 1.8286 billion in 2022 and is projected to touch USD 3.0689 billion by 2028, exhibiting a CAGR of 7.7% during the forecast period.

ALD, an advanced deposition method, enables the perfectly controlled deposition of ultra-thin films that are only a few nanometers thick. Excellent thickness control and homogeneity are provided by ALD, which also makes it possible to conformably coat 3D structures for high aspect-ratio structures. The method is important as a scaling and 3D enabler because of its self-limiting nature and the associated potential for conformal deposition.

The electronics sector is rapidly expanding and evolving, powered by changing consumer trends and expectations. Consumers are not only demanding more compact tech, but also smarter and more powerful solutions. While the consumer tech sector is primarily driving the product demand, the PV industry is also slated to created promising opportunities for the ALD systems market growth during the forthcoming years. Growing solar deployment will positively influence the market outlook during the forecast period.

COVID-19 Impact: Disrupted Supply Chain to Hamper the Market Trends

The negative consequences of COVID-19 affected businesses in the ALD systems industry particularly hard, with supply chain management being the biggest challenge. The management of production in the face of supply and labor limitations has reduced company profitability and necessitated the adoption of more agile working practices.

However, expanding tendencies in online work and education as well as the industry's rapid growth in e-commerce make it possible for businesses to reclaim market share for ALD systems.

LATEST TRENDS

"Growing Demand for Storage Devices to Boost the Market"

By 2030, Cisco projects that there will be about 500 billion linked devices. Each gadget has sensors that gather information, engage with the environment, and connect to a network. Smaller storage and integrated circuits are required for these applications. The market is expanding as a result of the rising demand for storage devices brought on by the growing number of linked devices.

Additionally, a number of data Centre projects are in the works due to the increase in data Centre traffic brought on by increased data creation. Major global data centers are predicted to start more than 10 building projects throughout the world, with the North American data Centre sector likely to start more than 80% of them. These factors will positively influence the ALD systems market growth in the forthcoming years.

ALD Systems Market Segmentation

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• By Type Analysis

By type, market is segmented into PE-ALD and thermal ALD. The PE-ALD segment will dominate the market in the coming years.

• By Application Analysis

Based on applications, the market is classified into semiconductor and integrated circuits, PV industry and others. The semiconductor and integrated circuits segment will lead the global share through 2028.

DRIVING FACTORS

"Increasing Need to Create Smarter Goods is Pushing the Market Growth"

The industry for ALD systems is expanding as a result of new generation ALD systems with enhanced performance, higher precision, and greater flexibility, as well as simple system integration. However, a paradigm shift toward a connected world and an increasing need for downsizing are driving the need for additional development in the ALD system industry and the creation of smarter goods. On account of these factors, the ALD systems market share will expand considerably over the next few years.

"Miniaturization is Leading to the Market Growth"

As it permits the use of novel materials and designs for advanced chip fabrication, the demand for ALD systems is rising. The trend toward miniaturisation is being embraced by industries all around the world. As a result, there is currently a higher need for microelectronics and machinery. With growing need for miniaturization to address the demand for more compact electronics, the demand for ALD systems is slated to rise considerably over the next few years, which will positively influence the market trends.

RESTRAINING FACTORS

High Cost of Design and Implementation Could Hamper Growth Prospects

Despite rapid progress in ALD systems and their widespread implementation across various end-use segments, there are various factors that could affect the market growth in the future. These include high cost of design and implementation of ALD systems. These factors are affecting the technology demand across numerous applications, which could propel the demand for alternative technologies, and, in turn, affect the ALD systems market share negatively.

ALD Systems Market Regional Insights

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"Asia Pacific to Dominate Led By Expanding Consumer Electronics Sector"

Asia Pacific is slated to dominate the ALD systems market share during 2022-2028. OEMs are now concentrated in the Asia Pacific region, which serves the electronics sector. Additionally, developing nations like Vietnam have made significant investments in this sector, creating healthy rivalry among the various nations in the area. Furthermore, existing centers like Taiwan and China continue to make significant investments in R&D, allowing them to stay in front of breakthroughs that fuel market expansion.

The need for server memory is anticipated to rise due to China's unprecedented IP and mobile data traffic. According to Cisco Systems, the number of network devices is anticipated to reach close to 5.5 billion as IoT develops in China.

Another important industry that employs ALD systems and units for production purposes is the car industry. Thin film is utilized in virtually every element of the automotive industry, making it a key user in this sector as well. The thin film, for instance, can be utilized to lengthen the lifespan and reduce the size of certain parts. To save money and the environment, thin coatings are employed in the car industry. This is accomplished by lowering the weight of frequently used building components, extending their useful lives, and so raising the caliber of nanomaterials produced as a result.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• ASM International (U.S.)
• Tokyo Electron (Japan)
• Lam Research (U.S.)
• Applied Materials (U.S.)
• Eugenus (U.S.)
• Veeco (U.S.)
• Picosun (Finland)
• Beneq (Finland)
• Leadmicro (China)
• NAURA (China)
• Ideal Deposition ()
• Oxford Instruments (UK.)
• Forge Nano (U.S.)
• Solaytec (Netherlands)
• NCD (India)
• CN1 (South Korea)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.