Press release
Vacuum Coating Equipment Market Forecast & Business Opportunities 2017-2024
Global Market Insights
"Vacuum Coating Equipment Market is forecast to reach USD 47 billion according to this new research report.
Vacuum coating equipment is primarily driven by booming demand from electronic and automobile industry. The product market has seen considerable growth over the recent years on account of its widespread application in energy & power industry, especially in solar power generation. It is basically used for uniformly coating solar panels by black layer for capturing as much amount of solar energy as possible. These versatile feature makes this product highly desirable for energy and allied applications.
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Vacuum coating equipment are considerably used for microelectronic applications. The PVD coating technology is slowly emerging as substitute to conventional methods of painting and electroplating. It is also gradually replacing chrome plating. Hence, increasing awareness and adoption of this technology as an alternative to conventional methods shall fuel vacuum coating equipment market growth in the forecast duration. Desirable characteristics such as durability and appealing aesthetics makes the product suitable for electronics and automobile applications.
Physical vapor deposition (PVD) segment is expected to expand at a growth rate close to 9% in the coming years. This technology requires semi-skilled operator for handling and has minimum initial cost in comparison with chemical vapor deposition technology. Magnetron squirting has emerged as most attractive segment of vacuum coating equipment market over the recent years. It is the higher version to physical vapor deposition coating equipment. Though magnetron squirting holds a considerably low market compared to the other two product segments, it is likely to witness maximum gains nearby 9% by 2024 over the forecast timespan.
Booming electronics & electrical industry offers promising growth prospects for chip carriers and microelectronic circuits in magnetron squirting during the forecast period. Magnets are employed in steel industry, speakers and other numerous industrial applications. The above-mentioned magnetron squirting end-users shall propel vacuum coating equipment market in the coming years.
North America shall witness substantial growth in vacuum coating equipment market. U.S is a big investor in non-conventional energy sources development contributing almost 40% in overall industry share in 2016. Hence, solar applications demand is anticipated to increase in this region, which in turn, will accelerate product demand over the forecast period.
Asia Pacific generated more than 50% of overall global product revenue in 2016. Rapid industrialization has considerably boosted the energy and power generation demand in this region. Furthermore, many smartphone players are entering premium phones manufacturing that requires attractive external body. This shall stimulate vacuum coating equipment market over the forecast timeframe.
In 2016, vacuum coating equipment market was fairly consolidated with major companies holding close to half of the global market share. Major industry players are CVD Equipment Corporation, Kolzer SRL, Buhler AG, Scientific Vacuum Systems (SVS), Semicore Equipment and Applied Materials. Other major players are Singulus Technologies, Miba Group, BCI Blösch group, AJA International, IHI Corporation and OC Oerlikon.
Browse key industry insights spread across 190 pages with 169 market data tables & 15 figures & charts from the report, “Vacuum Coating Equipment Market Size By Product (PVD, Magnetron Sputtering, CVD), By Application (PVD [Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools], Magnetron Sputtering [Metallizing For Microelectronic Circuits And Chip Carriers, Electrical Resistance Films, Magnetic Films, Opto Storage Devices, Corrosion-Resistant Films, Gas Sensors], CVD [Integrated Circuits & Photovoltaic Devices, Polymerization, Metal-Organic Frameworks, Gas Sensing & Low-K Dielectrics]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/vacuum-coating-equipment-market
Glimpse of Table of Content (ToC)
Chapter 3. Vacuum Coating Equipment Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Technology & innovation landscape
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Need to comply with engine emission norms
3.5.1.2. Advantages of decorative PVD coatings over electroplating in consumer goods industry
3.5.2. Industry pitfalls & challenges
3.5.2.1. Operational snags and drawbacks
3.6. Growth potential analysis
3.7. Regulatory trends
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Porter’s analysis
3.9. Company market share analysis, 2015
3.9.1. Strategy dashboard
3.10. PESTEL analysis
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.2. Raw material trends
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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