Physical Vapour Deposition Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

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The Physical Vapour Deposition Market is estimated to value over USD 34 billion by 2029 end and is projected to register a CAGR of over 8% during the forecast period 2019 to 2029.
Global Physical Vapour Deposition Market Introduction
Physical vapour deposition is used to apply on various products like medical equipment, microelectronics, cutting tools, solar products. This method forms a thin protective film over these products using a variety of materials. The factor that is primarily responsible for the market to expand is the growing demand for microelectronics in the automotive industry where PVD technique is widely used.
Microelectronics Dominates the Global Physical Vapour Deposition Market
The global market bifurcation based on the category is represented as PVD equipment, PVD material, PVD services. PVD equipment primarily comprise of condensation, heating, coating and vacuum. PVD equipment segment subjugated the market in 2017 and it is expected to showcase significant market augmentation during the forecast period.
Application-wise, the market is categorised into microelectronics, medical equipment, data storage, solar products and cutting tools. Microelectronics dominate the global market owing to a rapid expansion of this technology in a variety of sectors like VLSI, optoelectronics, integrated circuits, etc.
Global Physical Vapour Deposition Market Regional Insight
The North American region majorly influences the global market owing to ample support provided by the government in order to promote private investment at a domestic level in the semiconductor industry. Furthermore, many electronics and VLSI technology-based companies are present in this region resulting into the rise in demand for PVD coating.
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Global Physical Vapour Deposition Market Segmentation
1. By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
2. By Category
• PVD Equipment
• PVD Material
• PVD Services
3. By Application
• Microelectronics
• Medical Equipment
• Data Storage
• Solar Products
• Cutting Tools
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
Key Market Players:
• Oerlikon Blazers Hartec GmbH
• Denton Vacuum Inc.
• IHI Hauzer Techno Coating B.V
• Impact Coatings AB
• Johnsen Ultravac Inc.
• Plasma Quest Ltd.
• Tokyo Electron Ltd.
FutureWise Key Takeaways
• Technological advancements like mono-structured coating can be used on surface-related properties like super plasticity, optical, magnetic, catalytic and electronic properties which can augment the market substantially
Objectives of the Study:
• To provide with an exhaustive analysis on the physical vapour deposition market by region, by category, by application
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
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