Applied Materials and Lam Research - Head to head comparasion

Here is an interesting head to head comparison by Seeking Alpha between the two leading Equipment Manufacturers in Semiconductor industry - Applied Materials and Lam Research. Neither have until now considering the opportunities and resources that they had been that successful in ALD.

The big mystery  - Applied Materials is actually dominating much of all : Epi, PVD, Implant, CMP, RTP and CD-SEM businesses, but has only like 2% of the ALD Market and Etch is also not looking that good. So it will be interesting to follow how the new Olympia platform takes on the competition.

Most inserting, while the OEM market a sa whole is concentrated into the Top 5 players (Applied Materials, Lam Research, ASML, Tokyo Electron and KLA-Tencor) that all together has a market share of  >70% ALD ist totally different. Here the sub Top 5 players constitute >65% of the market (ASMI, Kokusai, Jusung, Aixtron, Picosun, Ultratec, Beneq, Oxford Instruments, NCD and others).

Table 1 - AMAT and LRCX Shares for Etch and Deposition (PECVD)
Etch ($M)	2012 Revenues	Share	2015 Revenues	Share
Applied Materials	395	10%	1,130	18%
Lam Research	1,745	45%	3,250	52%
Total Market	3,840		6,250
PECVD ($M)	2012 Revenues	Share	2015 Revenues	Share
Applied Materials	700	55%	1,070	57%
Lam Research	430	34%	600	32%
Total Market	1,275		1,880
Total Etch-Deposition	2012 Revenues	Share	2015 Revenues	Share
Applied Materials	1,095	21%	2,200	27%
Lam Research	2,175	43%	3,850	47%
Total Market	5,115		8,130
Source: The Information Network (theinformationnet.com)