The Asia Pacific ALD Equipment Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).
The Forge Nano patent as well as intellectual property for ALD wrapping on particles in an economy of scale, carrying it out of the research lab while making it a commercially viable approach for battery manufacturers, are also largely to blame for the increased use of ALD in the production of lithium-ion batteries. Another use for ALD is in Nanocoated catalysts. These coatings can make catalysts more thermally stable, be used to change the catalyst's chemical or physical characteristics, or be used to vary the catalyst's selectivity according to the process. The utilization of Nano-porous materials for tissue engineering, drug delivery, and implants has increased the appeal of atomic layer deposition in the biomedical sector.
ALD is a technique that has attracted a lot of attention for creating coatings and thin films with nanoscale dimensions on a variety of substrates. ALD produces extremely conformal thin films/coatings that can be applied to a variety of geometrically challenging surfaces, including spherical particles. Its applications span a variety of scientific disciplines, including semiconductor technologies, battery electrodes, transistors along with other electrical equipment, microelectromechanical systems, drug delivery, as well as tissue engineering applications, however it not a complete list.
The government is focused on achieving the crucial goal of establishing the total semiconductor ecosystem and making sure that it stimulates India's rapidly developing electronics manufacturing as well as innovation environment. The Union Cabinet presided over by the Honorable Prime Minister, approved the Semicon India program along with a total outlay of INR 76,000 crore intended to accelerate the development of the display and semiconductor manufacturing ecosystem in the nation, giving this vision of AtmaNirbharta, self-dependence, in electronics and semiconductors more momentum. Therefore, this factor would augment the growth of the ALD equipment market in the region.
The China market dominated the Asia Pacific Coating Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $22.7 Million by 2028. The Japan market is anticipated to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The India market would register a CAGR of 10.7% during (2022 - 2028).
Based on Deposition Method, the market is segmented into Plasma-enhanced, Thermal, Spatial, Roll-to-Roll & Powder and Others. Based on Film Type, the market is segmented into Oxide Films, Metal Films, Sulfide Films, Nitride Films and Fluoride Films. Based on Application, the market is segmented into Semiconductor and Non-semiconductor. Based on Semiconductor Type, the market is segmented into More Moore, Research & Development Facilities and More-than Moore. Based on Non-Semiconductor Type, the market is segmented into Energy, Medical, Conventional Optics and Coating. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide ALD Equipment Market is Projected to reach USD 6.5 Billion by 2028, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Applied Materials, Inc., ASM International N.V., Tokyo Electron Ltd., Lam Research Corporation, Kurt J. Lesker, Veeco Instruments Inc., Optorun Co., Ltd., CVD Equipment Corporation, Eugene Technology Co. Ltd., and Beneq Oy.
By Deposition Method
By Film Type
By Application
By Country
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