The global atomic layer deposition Market was valued at US$ 2.03 Bn in 2023, exhibiting a CAGR of 13.1% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 4.81 Bn by 2030.
Global Atomic Layer Deposition Market - Segmentation
Among product, theluminium oxide segment accounted for the highest market share of 33% in the global atomic layer deposition market in 2022. The use of atomic layer deposition to create aluminium oxide thin films aids in the encapsulation of organic light emitting devices, or OLEDs. The growing demand for OLEDs from the electronic industry has propelled the segment's growth.
Figure 1: Global Atomic Layer Deposition Market , By Product, 2023
Global Atomic Layer Deposition Market - Trends
The semiconductor and electronics industries are expected to drive demand
The semiconductor and electronics industries are expected to drive demand for atomic layer deposition technology. While the semiconductor industry is expected to have a direct impact on the technology's development, any increase in the electronics industry will help the technology advance. As a result, the atomic layer deposition market is expected to grow in the forecast period.
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