Vapor Deposition Market Report Trends 2023 by Top Leaders - Oerlikon Balzers Coating AG, ULVAC Technologies, Applied Materials, IHI Ionbond, ASM International N.V, JUSUNG ENGINEERING, LAM RESEARCH, Kurt J. Lesker, Plasma-Therm and Aurora Scientific Corp

Industry Developments:

In August 2018, The U.S. based Structured Materials Industries Inc (SMI) optimized a design version of its NanoV CVD research reactor to explore thin films of silicon germanium tin (SiGeSn) materials.

In August 2018, VaporTech, U.S., designed VT-3000i coating system to deposit materials using plasma-enhanced chemical vapor deposition (PE-CVD) or physical Vapor Deposition (PVD).

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Market Segmentation:

By process, the vapor deposition market is segmented into Chemical Vapor Deposition (CVD) and Physical Vapor Deposition (PVD). The CVD segment is sub-segmented into low-pressure CVD, atmospheric pressure CVD, metalorganic, and Plasma Enhanced CVD (PECVD). The PVD segment is further sub-segmented into cathodic arc deposition, electronic beam PVD, and sputter deposition.

By Application, the Global Vapor Deposition Market has been segmented into microelectronics, cutting tool, medical devices & equipment, and decorative coatings among others.

By End-Use Industry, the Vapor Deposition Market is segmented into electrical & electronics, automotive, aerospace, metal industry, medical, and others.

Competitive Dashboard:

Some of the key players profiled by MRFR in the report are Oerlikon Balzers Coating AG, Applied Materials Inc., IHI Ionbond AG, ASM International N.V, ULVAC Technologies, Inc., JUSUNG ENGINEERING Co., Ltd., Kurt J. Lesker, LAM RESEARCH CORPORATION, Plasma-Therm LLC., and Aurora Scientific Corp.

Regional Analysis:

By Region, the Global Vapor Deposition Market has been segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is poised to exhibit the steepest rise in revenue creation, thriving at 7.39% CAGR. The market in Asia Pacific is estimated to reach a valuation of USD 63,686.7 Mn by 2023. The factors favoring growth and expansion of the market are favorable government policies, and, rapid industrialization. Furthermore, China is the global leader of Vapor Deposition Market, which complements the growth of Asia Pacific Vapor Deposition Market. North America is anticipated to command the second largest share of the market and value at USD 14,552.4 Mn across the assessment period. Led by the U.S., the region is expected to retain its prominence over the next few years. Europe is projected to remain a significant growth pocket during the review period. Germany is likely to dominate the region due to massive demand from the automotive industry. The Middle East & Africa, and, Latin America regions are estimated to exhibit a relatively slower growth throughout the projection period.

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