Physical Vapor Deposition (PVD) Market
Global Physical vapor deposition (PVD) Market Size, Share & Trends Analysis Report By Category (Physical Vapor Deposition Equipment, Physical Vapor Deposition Services, and Physical Vapor Deposition Materials), and by Type (Cathodic Arc Vapor Deposition, Electron Beam Vapor Deposition, Evaporative Deposition, Sputter Deposition, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global physical vapor deposition (PVD) market is anticipated to grow at a significant CAGR of 8.5% during the forecast period. The major factors that are augmenting the growth of the market include considerable growth in the semiconductor industry, rising demand for medical equipment application, and preference for PVD over other coating techniques. Moreover, the global physical vapor deposition has been widely used in medical applications to deposit wear-resistant thin film coating on medical devices including pacemakers, dental instruments, orthopedic implants, and surgical instruments.
In addition to all these applications, PVD coating is used in the solar panel industry to produce greener electricity and to reduce friction for high-performance moving parts in the aerospace and automotive industry. However, certain factors are hindering the growth of the market that for instance including high capital investment, lack of product differentiation, innovation, and the requirement for skilled labor.
Impact of COVID-19 Pandemic on Global Physical vapor deposition (PVD) Market
In the COVID-19, the PVD market has been negatively impacted as it does not fall under essential service products. There was a decrease in demand from applications such as electronics, solar components, and others companies where PVD is majorly used. Moreover, as PVD equipment manufacturing, coating services, and material all such process are based labor-intensive owing to it COVID-19 there was workforce unavailability, trade restrictions, raw materials the market was hampered.
Segmental Outlook
The global physical vapor deposition market is categorized on the basis of category and type. Based on the category, the market is segmented on the basis of PVD services, PVD equipment, and PVD material. The PVD equipment segment of the category is anticipated to hold the major market share, owing to the growing investment by governments in healthcare to provide basic healthcare facilities. This increased investment in healthcare will generate demand for medical devices and equipment and subsequently will drive the global market.
Global Physical vapor deposition (PVD) Market Share by Type, 2021 (%)
The Sputter Deposition Segment is Dominating the Global Physical Vapor Deposition (PVD) Market
Major key players and other companies in PVD equipment manufacturers are focusing on developing magnetron sputtering systems owing to it can be used for the deposition of various metallic films that includes aluminum alloys, aluminum, platinum, gold, and tungsten, among many others. Sputtering technologies can deliver the highest rate of scalability with low-level impurity. Moreover, sputter deposition technology in PVD has several advantages over the contrast of other technologies, such as it has higher packing densities and improved adhesion. Attributed to such factors the segment growth is attributed and is dominating the global PVD market.
Regional Outlooks
The global physical vapor deposition (PVD) market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. North America is anticipated to hold a significant market share in the global market. The policies for stopping the usage of electroplating due to rising environmental concerns in the economies, such as the US, and Canada are anticipated to drive the growth of the market in North America.
Global Physical vapor deposition (PVD) Market Growth, by Region 2022-2028
The Asia Pacific Region is Fastest Growing in the Global Physical Vapor Deposition (PVD) Market
The Asia-Pacific is holding a prominent share during the forecast period. The growing demand from the booming electronics industry in China for physical vapor deposition coating is projected to drive market growth. Furthermore, the increase in demand for PVD coated solar PV panels from India, that is anticipated to be a major provider of solar by 2028 is again boosting the demand for the PVD market in Asia-Pacific. Major key players are investing in PVD manufacturing and services offering is also augmenting the market growth. For instance, in April 2021, Oerlikon Balzers expanded its coating services offering across the Asia Pacific by opening its new customer center in Vietnam. The company with the expansion is trying to offer high-quality and well-established coating services in Vietnam.
Market Players Outlook
The competitive landscape includes key strategies of leading players, recent developments, and key company analysis. The major players that contribute to the growth of the market include Advanced Energy Industries, Inc., AJA International, Inc., Angstrom Engineering, Inc., Lam Research Corp., Oerlikon Balzers, Veeco Instruments, Inc., and others., and many others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new Deployment launches, to stay competitive in the market. For instance, in January 2020, Oerlikon Balzers acquired D-Coat GmbH provider of diamond coating technology in Germany. With this acquisition, Oerlikon Balzers’ has expanded its portfolio of surface treatment technologies, for aerospace and automotive industries and is applying cutting tools in the industry.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global physical vapor deposition (PVD) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current TYPE Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Physical Vapor Deposition (PVD) Market
• Recovery Scenario of Global Physical Vapor Deposition (PVD) Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. AJA INTERNATIONAL, Inc.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Angstrom Engineering Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Applied Materials, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. OC Oerlikon Corp. AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Veeco Instruments Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Physical Vapor Deposition (PVD) Market by Category
4.1.1. Physical Vapor Deposition Equipment
4.1.2. Physical Vapor Deposition Services
4.1.3. Physical Vapor Deposition Materials
4.2. Global Physical Vapor Deposition (PVD) Market by Type
4.2.1. Cathodic Arc Vapor Deposition
4.2.2. Electron Beam Vapor Deposition
4.2.3. Evaporative Deposition
4.2.4. Sputter Deposition
4.2.5. Others (Ion Implantation and Pulsed Laser Vapor Deposition)
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Advanced Energy Industries Inc.,
6.2. ASM International
6.3. HEF Group
6.4. IHI Corp.
6.5. Kurt J. Lesker Co.
6.6. Lam Research Corp.
6.7. Linde plc.
6.8. Mustang Vacuum Systems, Inc.
6.9. Praxair S.T. Technology, Inc.
6.10. Plasma-Therm
6.11. PLATIT AG
6.12. Semicore Equipment, Inc.
6.13. SINGULUS TECHNOLOGIES AG.
6.14. Tanury Industries
6.15. Tokyo Electron Ltd.
6.16. ULVAC, Inc.?
1. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
2. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
6. GLOBAL PHYSICAL CATHODIC ARC VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PHYSICAL ELECTRON BEAM VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL PHYSICAL VAPOR EVAPORATIVE DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL PHYSICAL VAPOR SPUTTER DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL PHYSICAL VAPOR OTHERS DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
11. NORTH AMERICAN PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
14. EUROPEAN PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. EUROPEAN PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
16. EUROPEAN PHYSICAL VAPOR DEPOSITION (PVD)MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC PHYSICAL VAPOR DEPOSITION (PVD)MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. REST OF THE WORLD PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. REST OF THE WORLD PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD PHYSICAL VAPOR DEPOSITION (PVD) MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET, 2021-2028 (%)
4. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET SHARE BY CATEGORY, 2021 VS 2028 (%)
5. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MATERIALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL PHYSICAL Cathodic Arc VAPOR DEPOSITION (PVD) MARKET SHARE BY TYPE, 2021 VS 2028 (%)
9. GLOBAL PHYSICAL Electron Beam VAPOR DEPOSITION (PVD) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL PHYSICAL VAPOR Evaporative DEPOSITION (PVD) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL PHYSICAL VAPOR Sputter DEPOSITION (PVD) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL PHYSICAL VAPOR DEPOSITION (PVD) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. US PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
16. UK PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD PHYSICAL VAPOR DEPOSITION (PVD) MARKET SIZE, 2021-2028 ($ MILLION)
