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Global Physical Vapor Deposition Market was valued at US$16,410.9 mn in 2016 and is projected to reach US$33,335.2 mn by 2025 at a CAGR of 8.3% from 2017 to 2025
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Transparency Market Research Physical Vapor Deposition Market (Category - PVD Equipment, PVD Services, and PVD Materials; Application - Microelectronics, Data Storage, Solar Products) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 Published Date 2017-08-17 203 Page Report Request Sample Buy Now Press Release Global Physical Vapor Deposition Market: Rising Demand in Microelectronics to Drive Growth, TMR finds Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Physical Vapor Deposition Market REPORT DESCRIPTION Global Physical Vapor Deposition Market: Snapshot Physical vapor deposition (PVD) is a vacuum coating process in which the surfaces of various products such as microelectronics, cutting tools, storage devices, medical equipment, solar products, etc. are coated with materials to form a thin protective film. Manufacturers are increasingly giving preference to PVD coating over conventional coating techniques due to the environment-friendly properties of the PVD process along with other operational benefits. Furthermore, companies are adopting innovative technologies in order to differentiate their products in an increasingly competitive market scenario. Browse Market Research Report: http://www.transparencymarketresearch.com/physical-vapor-deposition-market.html The global physical vapor deposition market has been boosted by a number of drivers such as the rising demand from the electronics industry, which has adopted physical vapor deposition on a large scale. The growing demand for microelectronics in a number of application areas such as the automotive industry is also vital for the physical vapor deposition market. The global physical vapor deposition market is anticipated to grow at a fast CAGR of more than 8% during the forecast period. According to Transparency Market Research, the global physical vapor deposition market was valued at US$16,410.9 mn in 2016 and is projected to reach US$33,335.2 mn by 2025 at a CAGR of 8.3% from 2017 to 2025. 2 Transparency Market Research
Physical Vapor Deposition Market PVD Equipment Likely to Dominate Global Physical Vapor Deposition Market The global physical vapor deposition market can be segmented based on category, applications, and region. On the basis of category the physical vapor deposition market is segmented into PVD equipment, PVD services, and PVD materials. PVD equipment mainly comprises vacuum, heating, condensation, and coating equipment. PVD equipment dominated the global market in terms of revenue in 2016. The market revenue share of PVD equipment stood at above 50% in 2016 and is expected to experience significant growth in the coming years. PVD services include installation of equipment and coating services. Growth in end-use industries such as microelectronics and solar is projected to drive the PVD services market. PVD services is estimated to emerge as the fastest growing segment during the forecast period. PVD materials include various raw materials such as titanium, aluminum and nitrogen. Physical vapor deposition is used for a broad range of applications such as microelectronics, data storage, solar products, medical equipment, cutting tools, architectural glasses, and others. Microelectronics is one of the leading application segments for physical vapor deposition (PVD) and held more than 40% of the global physical vapor deposition market in 2016. Rapid expansion of the microelectronics segment has thus been a major factor driving the PVD market. Demand for PVD for cutting tools applications is projected to increase at the fastest rate during the forecast period. PVD coatings are widely employed on cutting tools in order to provide excellent wear resistance, advanced oxidation resistance, increased cutting speed and feed rate, etc. 3 Transparency Market Research
Physical Vapor Deposition Market Get accurate market forecast and analysis on the Physical Vapor Deposition market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1202 Asia Pacific Likely to Dominate Global Physical Vapor Deposition Market Asia Pacific held the largest market for physical vapor deposition, with a share of more than 40% in global figures in 2016. China, India, and Japan are expected to dominate the demand for physical vapor deposition in Asia Pacific. The Asia Pacific physical vapor deposition market was valued at US$7,441.1 mn in 2016 and is likely to near double in valuation over the 2017-2025 forecast period at a robust CAGR of 8.6%. North America constituted the second-largest market for physical vapor deposition in 2016. Growing use of PVD in microelectronics application is likely to boost demand from the physical vapor deposition market in North America. Following North America, Europe accounted for more than 19.0% of the total market revenue in 2016. Demand for physical vapor deposition is comparatively low in Latin America, the Middle East, and Africa. However, rise in demand for PVD in manufacturing of architectural glass and low-e glass is anticipated to provide lucrative opportunity for PVD in the Middle East and Africa during the forecast period. Key manufacturers in the physical vapor deposition market are Platit AG, Mustang Vacuum Systems, Oerlikon Balzers, Veeco Instruments Inc., Applied Materials, Inc., ULVAC Inc., Semicore Equipment, Inc., HEF USA, Singulus Technologies AG, IHI Corporation, Silfex Inc. (Lam Research Corp.) and Buhler AG. 4 Transparency Market Research
Physical Vapor Deposition Market About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 5 Transparency Market Research
