Atomic Layer Deposition Equipment Market: To Reflect Impressive Growth Rate By 2016 - 2024
Competition among the leading players in the global market for atomic layer deposition equipment is expected to grow in coming years. Applied Materials, Inc., ASM International N.V., and Tokyo Electron Ltd. hold more than half of the share in the global market, finds Transparency Market Research (TMR) in a new study. Among these three ASM International N.V. has emerged dominant. These companies are putting efforts to develop advanced technologies and make innovations. Some of the companies in the market are also undergoing regular technological upgradation to keep pace with the changing market. As per TMR, the global atomic layer deposition (ALD) equipment market is projected to reach a valuation of US$ 8.58 bn by the end of 2024. During the forecast period between 2016 and 2024, the market is estimated to expand at 29.4% of CAGR. Based on application, semiconductor and electronics held the dominant share of 87.4% in 2015 in the atomic layer deposition equipment marke...