Outlook on the Deposition Equipment Global Market to 2027 - Featuring Applied Materials, Tokyo Electron, Lam Research, ASM International and Veeco Instruments Among Others - ResearchAndMarkets.com

The "Global Deposition Equipment Market: Analysis By Type; By Application; By Region Size, and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.

In 2021, the global deposition equipment market was valued at US$19.98 billion and is anticipated to grow to US$43.14 billion by 2027. Deposition is the process of depositing a layer of material on a surface. Deposition of thin films involves several processes, including atom adsorption, atom diffusion on the wafer surface, and coalescence at strategic locations.

Deposition is an important manufacturing step in the fabrication of various opto-electronic, solid-state, and medical equipment and products, including consumer electronics, semiconductor lasers, fibre lasers, LED displays, optical filters, compound semiconductors, etc.

Some of the major reasons why companies are using deposition equipment are the growth in consumer electronics industry, rise in automotive industry, escalating use of advanced medical equipment, increasing demand for environmentally friendly coating processes, rising silicon wafer demand, etc. The deposition equipment market is expected to grow at a CAGR of 13.85% over the forecast period of 2022-2027.

Market Dynamics

Growth Drivers

  • Rapid Urbanization
  • Growth in Consumer Electronics Industry
  • Rise in Automotive Industry
  • Rising Silicon Wafer Demand
  • Escalating Use of Advanced Medical Equipment
  • Increasing Demand for Environmentally Friendly Coating Processes
  • Favorable Government Support


  • High Cost Associated with Deposition Equipment Manufacturing
  • Geo Political Tension
  • Functional Defects and Complexities

Market Trends

  • Increasing Penetration of Artificial Intelligence (AI) Applications
  • Increasing Demand for Electronic vehicles
  • Escalation of Internet of Things (IOT)
  • Emerging Industrial Robotics
  • Growing Global Demand For Photovoltaic Cells
  • Emergence of 5G Network

Market Segmentation Analysis:

  • By Type: The report provides the bifurcation of the deposition equipment market into eight segments based on type: PECVD, Sputtering PVD, Tubular CVD, Non-tubular LPCVD, ALD, MOCVD, Electroplating ECD, and Other. In 2021, PECVD segment lead the deposition equipment market and is expected to be the highest growing segment in the coming years. Given its great optical clarity and versatility, the smooth & tiny structure with high malleable qualities makes plasma-enhanced chemical vapor deposition equipment an ideal substance for optical filters, devices with unwanted refractive index, and anti-reflective coatings. The tough, resilient, and versatile qualities of these plasma coatings, together with advances that make them environmentally friendly, fuel the expansion of the PECVD equipment industry.
  • By Application: In the report, the global deposition equipment market is divided into six segments based on the application: Semiconductor & Microelectronics, Solar Products, Data Storage, Medical Equipment, Cutting Tools, and Other. The Semiconductor & Microelectronics segment held the highest share in the market in 2021 as they provide increased productivity and cost-efficiency. Solar Products segment is expected to be the fastest growing segment in the forecasted period. This is because of their effectiveness and potential for reducing production costs through large-scale production. The increase in global awareness regarding depletion of fossil fuels and its negative impact on the environment have created a demand for harnessing renewable energy resources such as solar energy.
  • By Region: The global deposition equipment market can be divided into four regions: Asia Pacific, North America, Europe, and Rest of the World. The Asia Pacific dominated the market in 2021 owing to the increase in growth in end-user applications such as capacitors, transistors, inductors, and resistors, coupled with rapid adoption of smartphones and laptops. China held the major share in the Asia Pacific deposition equipment market in 2021, owing to the strong economic growth in the region, the growing demand for microelectronics, automotive, photovoltaic cells coupled with emerging trend of electric/hybrid vehicles and green vehicles.
  • North America is anticipated to be the fastest growing region in the forecasted period period due to the shifting consumer focus toward smart home automation and new product innovations. The surging demand for the various home improvement products and electronic devices for the personal and professional use is driving the demand for the consumer electronics across the region. The US held the major share in the North American deposition equipment market in 2021, owing to the high disposable income, huge demand for the high-end products, increased adoption rate of the latest technologies, presence of several leading manufacturers of the electronics, and the high standards of living.

Competitive Landscape:

The global deposition equipment market is highly consolidated. The PVD equipment market is almost a monopoly controlled by Applied Materials. The ALD equipment market is led by Tokyo Electron and ASM International. The key players of the global deposition equipment market are

  • Applied Materials Inc.
  • Tokyo Electron Limited
  • Lam Research Corporation
  • ASM International N.V
  • Veeco Instruments Inc.
  • CVD Equipment Corporation
  • Aixtron SE
  • Buhler Alzenau
  • Samco Inc.
  • Singulus Technologies AG
  • Plasma-Therm
  • AJA International, Inc.

Some of the strategies among key players in the market for deposition equipment are product launches, mergers, acquisitions, and collaborations.

For instance, in July 2022, ASM International launched TENZATM ALD, an innovative single wafer atomic layer deposition (ALD) process technology for 300mm wafers. TENZATM ALD is optimized for gap-fill applications and provides the best film quality, conformal coverage through the full trench and highest productivity in its class.

Whereas, in September 2022, Aixtron SE launched the company's new G10-SiC 200 mm system for high volume manufacturing of latest generation Silicon Carbide ("SiC") power devices on 150/200 mm SiC wafers.

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