Global Physical Vapor Deposition Market Showcases Promising Growth during Forecast 2017-2025

In order to study the various trends and patterns prevailing in the overall market for Physical Vapor Deposition, Market Research Reports Search Engine (MRRSE) has included a new report titled “Physical Vapor Deposition Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The vendor landscape of the global physical vapor deposition (PVD) market features a high level of competition with tough entry barriers for small companies owing to the high degree of patent protection given to PVD technologies, processes, materials, and systems observes MRRSE in a recent report. The over 200 patents in the market have largely limited the entry of new companies in the market and have further restricted the expansion of small companies.

Some of the leading companies in the market are Veeco Instruments Inc., Oerlikon Balzers, Platit AG, Applied Materials, Inc., Mustang Vacuum Systems, Singulus Technologies AG, HEF USA, Semicore Equipment, Inc., ULVAC Inc., Silfex Inc. (Lam Research Corp.), IHI Corporation, and Buhler AG.

According to the report, the global PVD market is expected to expand at a promising CAGR of 8.3% over the period between 2017 and 2025, rising from a valuation of US$16,410.9 mn in 2016 to US$33,335.2 mn by 2025.

Of the key categories associated with the PVD market examined in the report, the segment of PVD equipment held nearly half of the overall market in 2016, making for the most in-demand and lucrative segment. The segment is also likely to remain the most lucrative segment over the forecast period, chiefly owing to the high costs of PVD equipment. However, the segment of services is likely to expand at a more promising pace as consumers look to cut down on operational costs as the level of competition rises in the business world. Geographically, the market in Asia Pacific is expected to account for a significant share in the global market owing to the steady demand for PVD services, equipment, and materials from key end-use industries.

End-use industries such as medical equipment and microelectronics are expected to increase the overall demand for products cured with PVD technology. Important applications of the PVD technology, such as microelectronics, data storage devices, cutting tools, architectural glasses, and medical equipment are in huge demand across a number of industries. The thriving automotive and construction industries are also expected to bode well for the expansion of the global PVD market. Rising focus on the inclusion of green power technologies in their energy mixes are driving the increased demand for effective solar energy products, which, in turn, is also expected to drive the market.

The market has been segmented based on category and applications. Each segment has been analyzed and forecast based on revenue (US$ Mn) from 2017 to 2025. Additionally, segments have been analyzed and forecast based on current trends at the global and regional level. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). Demand has been analyzed and forecast based on current trends for the next eight years.

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.

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The report segments the global physical vapor deposition market as follows:

Physical Vapor Deposition Market: Category Analysis

PVD Equipment
PVD Services
PVD Materials

Physical Vapor Deposition Market: Application Analysis

Microelectronics
Data Storage
Solar Products
Medical Equipment
Cutting Tools
Architectural Glasses

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This release was published on openPR.