Atomic Layer Deposition Market 2025 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: EP250423 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of the atomic layer deposition market was estimated to be USD 1.9 billion in 2024 and is projected to grow at a CAGR of 12.9% during the forecast period. Growing demand for the semiconductor chips for various electronics products is expected to drive the growth in the market significantly. The demand for industrial manufacturing of lithium-ion batteries and solar cells is also driving growth in the market significantly.
The market is expected to recover with increasing precautions and vaccinations
during the forecast period. The rapid expansion of tiny electronic devices has
been greatly enhanced by the atomic layer deposition process. Moreover, a
factor driving the growth of the atomic layer deposition market is the
increased adoption of electronics and semiconductor technologies globally.
The demand for smaller and more efficient electronic devices such as smartphones, wearables, and IoT gadgets is propelling the adoption of the ALD market. ALD plays a pivotal role in nanotechnology, enabling precise control over thin-film deposition at the atomic level.
Growth Drivers
The push for renewable energy solutions has led to
increased use of ALD in enhancing the performance and durability of solar cells
and lithium-ion batteries. By providing protective coatings, ALD improves
energy conversion efficiency and battery longevity. ALD is gaining traction in
the medical sector for its ability to create biocompatible and antimicrobial
coatings on implants and medical devices. Continuous research and development
efforts are leading to the development of next-generation ALD systems with
improved precision and scalability.
Collaboration between research institutions and
industrial players is contributing to the dynamic growth in the market. Growth
in the semiconductor and electronics industry and increasing industrialization
all around the world are driving growth in the market significantly.
Segmentation
Atomic Layer
Deposition Product segmentation
·
Thermal ALD
·
Metal ALD
·
Plasma-enhanced ALD
·
Others
Atomic Layer
Deposition Application segmentation
·
Electronics & Semiconductors
·
Solar devices
·
Medical
·
Others
By Region
·
Asia-Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Atomic layer
deposition Market by product segmentation
On the basis of the products, the atomic layer deposition market is segmented into thermal ALD, plasma-enhanced ALD, and metal ALD. Thermal ALD is the leading segment, and it forms a unique layer with surface control, and the rising demand for alumina film is also contributing to the market growth. Its excellent properties, ease of access to precursor materials, and stability on various substrates are the factors contributing to the market.
The plasma-enhanced ALD segment is the fastest growing
among all the products, registering a CAGR of 12.6% during the forecast period.
The rise in the demand for this product is due to its advantages, such as
encouraging the deposition of thin films at lower temperatures and a higher
growth compared to traditional deposition approaches like thermal ALD.
Increasing industrial growth all over the world is the key reason behind the
growth in the market.
Atomic layer
deposition by application segmentation
The push for renewable energy solutions has led to
increased use of ALD in enhancing the performance and durability of solar cells
and lithium-ion batteries. By providing protective coatings, ALD improves
energy conversion efficiency and battery longevity. ALD is gaining traction in
the medical sector for its ability to create biocompatible and antimicrobial
coatings on implants and medical devices. Continuous research and development
efforts are leading to the development of next-generation ALD systems with
improved precision and scalability. So with environmental costs on the rise we
are predicting that ALD tool will show a shift toward small footprint, longer
mean time between service intervals economical low carbon emissions and so
forth.
Collaboration between research institutions and
industrial players is contributing to the dynamic growth in the market. Growth
in the semiconductor and electronics industry and increasing industrialization
all around the world are driving growth in the market significantly.
Regional
Outlook
On the basis of the regions the atomic layer deposition
market is analyzed into 5 regions: Asia-Pacific, North America, Latin America,
Europe, and Middle East and Africa. Asia-Pacific region is the leading region,
and is expected to dominate during the forecast period due to high concentration
of semi-conductor manufacturers in countries like South Korea, Taiwan, China,
and Japan. Rapid growth in electronics, LED, and solar panel is driving the
market significantly towards success. Significant investment in research and
development, and infrastructure for advance manufacturing technologies is
driving growth in the market.
Rapid urbanization, and industrialization in all around the world is driving growth in the market significantly. North America and European region is witnessing significant growth in atomic layer deposition market because the U.S. leads in semiconductor manufacturing, with ALD being crucial for producing advanced microchips. Growth in the solar energy projects and lithium ion battery production is boosting ALD applications. ALD is increasingly used for coating implants and medical equipment to enhance biocompatibility, and durability.
United States of America, Canada, and Mexico are witnessing significant growth during the forecast period. European market is also a leading one because it is vital for fabricating nanoscale coatings used in sensors, catalysts, and drug delivery systems. This technique is employed for developing electrodes for batteries in super capacitors, enhancing charge capacity, and stability. Medical equipment is utilized for coating implants to improve performance, and longevity. Companies such as Applied Materials, Veeco Instruments and Lam Research have been expanding their ALD technology offerings. This focus area is centered on low-temperature deposition, atomic scale precision and AI-driven process optimization for manufacturing.
Europe remains a principal center for ALD
technical innovation, notably with Germany, France and the Netherlands
continuing to forge ahead in semiconductor R&D, photovoltaic breakthroughs
and precision coatings. The European Green Deal initiative is driving ALD's
wider adoption in energy-efficient coatings, solar cell manufacturing
techniques, and modern use of batteries. The automotive industry has been
moving strongly towards electric vehicles and advanced coatings. It has also
been leading on demand for ALD equipment.
Key Players
·
Forge Nano Inc.
·
Beneq Group
·
Oxford Instruments plc
·
The Kurt J. Lesker Company
·
Pico sun Oy
·
SENTECH Instruments GmbH
·
Arradiance, LLC
·
NCD Co. Ltd.
·
Lam Research Corporation
·
ASM International
·
Applied Materials, Inc.
·
Veeco Instruments Inc.
·
CVD Equipment Corporation
· Other Players