Saturday Feb 04, 2023

Global ALD Equipment Market (2022 to 2027) – Rising Demand for Photovoltaics Presents Opportunities – Yahoo Finance


DUBLIN, Sept. 21, 2022 /PRNewswire/ — The “ALD Equipment Market by Film Type (Oxide, Metal, Sulfide, Nitride), Deposition Method, Application (Semiconductor), Application (Non-semiconductor) and Region – Global Forecast to 2027” report has been added to’s offering.

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The ALD equipment market is projected to reach USD 6.0 billion by 2027 from USD 4.1 billion by 2022, at a CAGR of 8.2% during the forecast period.

Constantly developing semiconductor industry and proliferation of 3D NAND SSDs are the key factors boosting the ALD equipment market growth. However, challenges such as high costs and capital expenditure, the requirement of skilled workforce and process complexity might impede the market growth.

The market for oxide films to account for the largest share during the forecast period

Oxide films are expected to dominate the market during the forecast period. A major factor driving the market growth for oxide films is the increasing demand for high permittivity (high-k) gate oxides. Deposition of high permittivity (high-k) oxides such as Al2O3, ZrO2, and HfO2 is a major semiconductor application of ALD. Deposition of high-k oxides eliminates the problem of high tunneling current, which arises while using SiO2 dielectrics in devices such as MOSFETs. There has been a tremendous increase in demand for oxide films as they facilitate the development of thicker gate dielectrics with reduced tunneling current.

Plasma-enhanced ALD to account for the largest share of the ALD equipment market during the forecast period

The growing demand for logic and memory devices for various applications is expected to create opportunities for the adoption of ALD. Plasma-enhanced ALD is highly suited for thin film encapsulation of OLED displays and wafer processing for manufacturing logic and memory devices. In recent years, there has been a significant rise in demand for plasma-enhanced ALD due to the advantages it offers, such as facilitating the deposition of thin films at low temperatures and a higher growth rate compared to conventional deposition methods such as thermal ALD.

North America to account for the second largest share of ALD equipment market during forecast period

North America held the second largest share of the ALD equipment market in 2021 and is expected to witness high growth during the forecast period. Many established semiconductor companies in this region are expected to provide growth opportunities for market players offering ALD equipment.

The US is not only home to many semiconductor and consumer electronics companies but also consists of major fabrication plants and research and development facilities that enable the adoption of ALD for various applications. Furthermore, the growing support from governments is also expected to drive market growth in this region. For instance, in February 2022, the Canadian government announced an investment of ~USD 240 million to strengthen Canada’s position as a leader in the photonics industry.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Premium Insights
4.1 Attractive Growth Opportunities for Market Players
4.2 ALD Equipment Market, by Deposition Method
4.3 …….


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