Global Thin Layer Deposition Market Forecasts, 2019-2024 - Increase in Demand for Microelectronics & Consumer Electronics to Fuel the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 14, 2019--
The “Thin Layer Deposition Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.
The thin layer deposition market is expected to register a CAGR of 15.25% over the forecast period of 2019-2024.
In April 2019, The Centre for Process Innovation (CPI) and Beneq have signed a long term collaboration agreement for the use of atomic layer deposition (ALD) technologies in printable electronics applications.
Thin-film semiconductor deposition is a next-generation technology that is achieving rapid acceptance across various industries. The range of applications of thin-film semiconductors in solar panels will create an increasing demand in thin-film semiconductor deposition manufacturing.
The demand for thin layer deposition semiconductors has increased due to their advantages such as lightweight, higher efficiency, less space consumption, and flexibility in shape. They are widely used in various applications such as solar panels, DRAMs, microprocessors, and wearable technologies among others.
The market is largely driven by the increasing demand for microelectronics and flexible electronics such as flexible display & batteries. Moreover, the need for miniaturization of the circuit had supplemented the growth of Thin-layer deposition market. The requirement for advanced OLED displays will further boost the demand in the coming years.
Moreover, the surge in demand of sensors in the smartphone industry and increasing application of solar systems in household equipment, transportation facilities, and aircraft are expected to create numerous opportunities for the growth of the thin-layer deposition market in the coming years.
However, restraints associated with the thin layer deposition market is a huge initial investment required for setting up a new manufacturing facility for thin layer deposition and increasing the cost of raw materials.
Key Market Trends
Increase in Demand for Microelectronics & Consumer Electronics to Fuel Demand
Asia-Pacific to Dominate the World Market
The thin layer deposition market is a highly competitive market and is currently dominated by a few players from Asia-Pacific, followed by those in North America and Europe, with their technological expertise in deposition technology. The global market is expected to be consolidated in nature, and the major players with a prominent share in the market are focusing on expanding their customer base across foreign countries by leveraging on strategic collaborative initiatives to increase their market share and their profitability.
Key Topics Covered
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Demand for Microelectronics & Consumer Electronics to Fuel the Demand
4.2.2 Surge in Demand of Sensors in the Smartphone Industry and Increasing Application of Solar Systems
4.3 Market Restraints
4.3.1 High Set up Cost
4.3.2 Increasing Cost of Raw Material
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter’s Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Deposition Technology
5.1.1 Physical Vapor Deposition (PVD)
5.1.2 Chemical Vapor Deposition (CVD)
5.1.3 Atomic Layer Deposition (ALD)
5.2.1 North America
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Applied Materials Inc.
6.1.2 Aixtron SE
6.1.3 Advanced Micro-Fabrication Equipment (AMEC)
6.1.4 IHI Hauzer Techno Coating B.V.
6.1.5 Lam Research Corporation
6.1.6 Veeco Instruments Inc.
6.1.7 CVD Equipment Corporation
6.1.8 Tokyo Electron Limited
6.1.9 Oerlikon Balzers
6.1.10 Canon Anelva Corporation
6.1.11 ASM International N.V.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/q6bjo0
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SOURCE: Research and Markets
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PUB: 11/14/2019 01:18 PM/DISC: 11/14/2019 01:17 PM