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Physical Vapor Deposition Market will expand from a valuation of US$13,600.0 mn in 2015 to US$21,898.8 mn by 2024, market is expected to exhibit a healthy 5.5% CAGR over the period between 2016 and 2024
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Transparency Market Research Physical Vapor Deposition Market (Type - PVD Equipment, PVD Materials, and PVD Services; Applications - Microelectronics, Storage, Solar and Cutting Tools) - Global Industry Analysis, Trends, and Forecast 2016 - 2024 Published Date 2016-10-03 145 Page Report Request Sample Buy Now Press Release Global Physical Vapor Deposition (PVD) Market: Physical and Environmental Benefits over Conventional Coatings to Boost Demand 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 PVD Market: Snapshot The global PVD market is primarily driven by the high adoption of PVD technologies in microelectronics and architectural applications. Silver, copper, molybdenum, tungsten, and aluminum and aluminum alloys are used in the manufacture of sputter targets for coating application for semiconductors in microelectronics. High demand for microelectronics components in defense, automotive, and health care industries is expected to drive the PVD market. Environmentally-friendly characteristics of PVD make it a preferred choice over its substitutes. PVD coatings are also increasingly used to improve the efficiency of solar panels. This is expected to create lucrative growth opportunities for market players. Browse Physical Vapor Deposition Market Research Report: http://www.transparencymarketresearch.com/physical-vapor-deposition-market.html Transparency Market Research estimates that the global PVD market will exhibit a healthy 5.5% CAGR over the period between 2016 and 2024. If the numbers hold true, the market, which had a valuation of US$13,600.0 mn in 2015, is expected to rise to US$21,898.8 mn by 2024. PVD Equipment to Continue to Contribute Significant Revenues to Market The PVD market has been divided into three core segments: PVD equipment, PVD materials, and PVD services. PVD equipment primarily comprises vacuum, heating, condensation, and coating 2 Transparency Market Research
Physical Vapor Deposition Market equipment. PVD equipment dominated the global market in terms of revenue in 2015, accounting for over 57% in 2015 and is expected to rise significantly in the next few years as well. The segment of PVD materials comprise raw materials such as titanium, aluminum, and nitrogen, which are materials commonly used as target materials in PVD technology. The segment contributes significant share in the overall revenues of the PVD market. In order to cater to increasing demand for PVD materials in microelectronics and solar applications, PVD materials manufacturers are laying increased focus on capacity expansions and new capacity additions for the increased production of PVD materials. The segment of PVD services include installation of equipment and coating services. Expansion in end-use industries such as microelectronics and solar power generation is projected to drive the PVD services market. PVD services is estimated to emerge as a rapidly growing segment during the forecast period. Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1202 Asia Pacific PVD Market to Benefit from Rising Investments in New Manufacturing Facilities 3 Transparency Market Research
Physical Vapor Deposition Market From a geographical standpoint, the global PVD market has been segmented in the report into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Of these, Asia Pacific and North America held the dominant positions in 2015, collectively accounting for more than 63% in the global market. Asia Pacific alone accounted for over 40% of the market in the said year. Demand for PVD in the regions is led by the large number of end-use industries. Owing to the high profit margins provided by the PVD market in Asia Pacific, PVD service providers are focusing on expanding their presence in the region. Significant investments in new manufacturing facilities in ASEAN are also anticipated to drive the PVD market in Asia Pacific. A number of small-, and medium-scale domestic companies, including AJA International, Inc., KDF Electronics, Vacuum Aurora Scientific Corp., and Novellus Systems, and several large players operate in the North America PVD market, making the regional market more competitive. In Europe, which is considered to be another highly promising regional market for PVD services, materials, and equipment, the market is primarily driven by demand across the market for renewable energy generation. The Europe PVD market is especially expected to benefit from the rising demand for PVD coatings in solar panels. High demand for PVD coatings in low emissivity or low-e glass, primarily used to reduce heat losses through architectural glass, is also expected to play an important part in PVD market’s healthy growth in regions such as Europe and Middle East and Africa. The PVD market is Europe is likely to expand at a CAGR of 5.4% between 2016 and 2024. 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/ Browse The Market Research Blog : http://cmfeglobalreports.blogspot.in/ 5 Transparency Market Research