The global physical vapor deposition market size was estimated at USD 19 billion in 2019 and projected to register a significant CAGR of 8.5% during the forecast period 2019 to 2027. The rising demand in electronics and microelectronics in various applications such as automotive industry is a key factor to drive the market positively. Manufactures are giving higher preference to PVD coating over conventional coating due to its eco-friendly properties.
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The market is segmented on the basis of category, application, and region. Physical vapor deposition is used in wide application such as data storage, cutting tools, medical equipments, microelectronics, solar products and other. Microelectronics is accounted for as a leading segment of the industry and held more than 40% market share globally in 2019. On the basis of region, the Asia Pacific is expected to hold the largest market share during the forecast period due to increasing numbers of applications in microelectronics.
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The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.
Global physical vapor deposition (pvd) market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.
Physical Vapor Deposition (PVD) Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.
Physical Vapor Deposition (PVD) Market Segmentation:
By Category:
PVD Equipment
PVD Services
PVD Materials
By Application:
Microelectronics
Data Storage
Solar Products
Medical Equipment
Cutting Tools
Others
List of Key Companies:
Platit AG
Mustang Vacuum Systems
Oerlikon Balzers
Veeco Instruments Inc.
Applied Materials, Inc.
ULVAC Inc.
Semicore Equipment, Inc.
Geographic Coverage:
North America
Europe
Asia-Pacific
Rest of The World
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