Kings Research today announced the release of its latest market intelligence study, “Global ALD Equipment Market: Size, Share, Trends & Forecast 2024–2031.” The report delivers a comprehensive analysis of the market’s growth trajectory, including forecasts, drivers, opportunities, and competitive dynamics.
According to Kings Research, the global atomic layer deposition (ALD) equipment market was valued at USD 8,750.0 million in 2023 and is projected to grow from USD 10,034.5 million in 2024 to USD 29,097.9 million by 2031, at a CAGR of 16.43% during the forecast period. Rising demand for precision deposition in semiconductor manufacturing, advanced packaging, and next-generation electronics is fueling ALD equipment adoption globally.
Atomic layer deposition (ALD) is a highly controlled thin-film deposition technique used in semiconductor manufacturing and advanced electronics. ALD equipment enables precise layer-by-layer material deposition at the atomic scale, crucial for producing next-generation microchips, memory devices, displays, and advanced packaging. With semiconductor scaling pushing the limits of conventional deposition techniques, ALD is emerging as an essential technology for enabling higher performance, energy efficiency, and miniaturization.
According to the Semiconductor Industry Association (SIA), global semiconductor industry sales reached USD 53.1 billion in August 2024, reflecting a 20.6% year-over-year increase (Source: https://www.semiconductors.org/). This underscores the surging demand for high-performance ALD systems in modern fabrication facilities.
Kings Research highlights some of the major factors influencing the atomic layer deposition (ALD) equipment market positively:
- Semiconductor Scaling
The push toward smaller transistor nodes and advanced packaging requires ALD for ultra-thin, conformal films, particularly in DRAM, logic, and memory applications. According to the SIA, approximately 75% of global semiconductor manufacturing capacity is concentrated in China and East Asia, with Taiwan and South Korea accounting for 100% of the world’s most advanced (sub-10 nanometer) chip production, 92% and 8% respectively, creating concentrated demand for ALD systems (Source: https://www.semiconductors.org/).
- Expansion of 3D NAND and Logic Devices
ALD enables high precision and conformality for 3D architectures, fueling demand in memory and logic manufacturing.
- Advanced Packaging Adoption & Battery Manufacturing
The U.S. Department of Energy (DOE) allocated up to USD 3.5 billion in 2023 under the Bipartisan Infrastructure Law to boost domestic production of advanced batteries and battery materials (Source: https://www.reuters.com/). ALD equipment plays a key role in this development, improving battery performance and lifespan, particularly for advanced chemistries and lithium-ion systems.
- Electrification & Energy Transition
According to the International Energy Agency (IEA), new electric car registrations in the U.S. reached 1.4 million in 2023, a 40% increase over 2022 (Source: https://www.iea.org/). As the EV market expands, ALD finds growing application in battery manufacturing and energy storage systems, further strengthening market demand.
- Regional Leadership
APAC dominates ALD equipment demand due to semiconductor manufacturing hubs in Taiwan, South Korea, and Japan, while North America drives innovation through R&D and advanced fabrication facilities.
For decision-makers—CIOs, CTOs, COOs—the ALD equipment market offers significant advantages:
- Precision Manufacturing: Atomic-scale layer deposition for high-performance devices.
- Scalability: Enabling wafer-level manufacturing for future semiconductor nodes.
- Performance Gains: Improved device reliability, speed, and energy efficiency.
- Competitive Differentiation: Early adoption enables leadership in advanced semiconductor fabrication and battery technology.
Regional Outlook
- Asia-Pacific (APAC): Largest market, driven by semiconductor fabrication hubs in Taiwan, South Korea, and Japan, and the expansion of advanced packaging facilities. APAC’s dominance is supported by concentrated semiconductor production—75% of the world’s capacity is in China and East Asia.
- North America: Significant growth, supported by innovation, advanced semiconductor fabrication facilities, and government funding initiatives like the DOE’s USD 3.5 billion program for advanced battery manufacturing.
Competitive Landscape
Prominent players in the ALD equipment market are expanding via capacity growth, technology innovation, and strategic partnerships. Leading companies include ASM International N.V., LAM RESEARCH CORPORATION, Tokyo Electron Limited, Applied Materials, Inc., Veeco Instruments Inc., Beneq, Picosun Oy, Oxford Instruments, Forge Nano Inc., Kurt J. Lesker Company, Merck KGaA, Entegris, Samco Inc., Ultimaterials B.V., and SENTECH Instruments GmbH.
The full Kings Research report offers detailed segmentation by reactor type, application, and geography, along with competitive benchmarking. To request a sample, access the full report, or explore custom consulting services, please visit https://www.kingsresearch.com/ald-equipment-market-1755.
About Kings Research
Kings Research is a global provider of syndicated research reports and consulting services, helping organizations navigate emerging markets, assess opportunities, and make informed business decisions.
All market data are sourced from Kings Research proprietary analysis, validated against credible industry sources. Examples cited include Semiconductor Industry Association (semiconductors.org), U.S. Department of Energy (energy.gov), and International Energy Agency (iea.org).