Global Atomic Layer Deposition Market was valued US$ 1.09 Bn in 2017 and is expected to reach US$ 3.41 Bn by 2026 and will grow at a 13.14 % CAGR during the forecast period.
Global Atomic Layer Deposietion Market
Increasing demand from end use industries like automotive, industrial, and medical sectors drives the atomic layer deposition market. Growing application of atomic layer deposition in nanotechnology and 3D NAND memory systems is further accelerating the growth of atomic layer deposition market. Application of atomic layer deposition in power devices, energy storage systems, hydrophobic coatings, flexible electronics, and electronic textiles provide several growth opportunities for the atomic layer deposition market. However, high cost of initial investment and stringent export procedures and policies act as a barrier for the atomic layer deposition market. At present, atomic layer deposition market is experiencing scarcity of skilled professionals thereby posing a challenge for market.