The atomic layer deposition market was valued at USD 1.9 billion globally in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 12.9% over the course of the forecast period. It is anticipated that rising demand for semiconductor chips for a range of electronics goods will propel market expansion. The market is expanding considerably due to the need for industrial production of solar cells and lithium-ion batteries.

During the projected period, the market is anticipated to rebound as vaccines and precautions increase. The atomic layer deposition technology has significantly improved the speed at which small electronic devices may expand. Furthermore, the growing use of electronics and semiconductor technologies around the world is one of the factors propelling the market for atomic layer deposition.

 

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Growth Drivers

ALD is now more frequently used to improve the longevity and performance of lithium-ion batteries and solar cells as a result of the drive for renewable energy sources. ALD increases battery longevity and energy conversion efficiency by offering protective coatings. Because of its capacity to provide antimicrobial and biocompatible coatings for implants and medical equipment, ALD is becoming more and more popular in the medical field.

The market's dynamic expansion is a result of cooperation between academic institutions and business entities. The market is expanding rapidly due to the expansion of the electronics and semiconductor industries as well as global industrialization.

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

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

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