Global Vacuum Coating Equipment Market Trends Accelerated By Top Key Player: Miba Group, CVD Equipment Corporation, Bühler Group, ULVAC Technologies, Inc, Singulus Technologies AG, Applied Materials, BCI, PVD Products, IHI

North America is likely to witness a healthy share in the vacuum coating equipment market. The U.S. had been the biggest investor in renewable energy production, contributing 41% in the global share, 2015. Thus, the demand for solar applications in the region will be growing in the coming years, portraying bright prospects for market in the forecast timeframe. Latin America is one of the largest producers of commodities in the world. In 2015, it produced 40% of copper and 15% of iron ore, as a proportion of total global production. There is a broader scope for the rise in demand for applications such as metallizing for microelectronic circuits and chip carriers and metal-organic frameworks in the region, contributing to vacuum coating equipment market growth.

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Asia Pacific contributes significantly in the market with nearly 50% share in revenue generation. Rapid industrialization has increased energy requirements of this region and boosted power generation industry significantly. Leading players of smartphone are foraying into manufacturing of premium smartphones category which requires luxurious external body display this in turn will stimulate vacuum coating equipment market demand.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Miba Group
2. CVD Equipment Corporation
3. Bühler Group
4. ULVAC Technologies, Inc
5. Singulus Technologies AG
6. Applied Materials
7. BCI
8. PVD Products
9. HI

Vacuum Coating Equipment Market size will cross USD 47 billion to grow at 8% CAGR till 2024. The industry has recorded substantial growth in past few years with varied applications in electronics, power generation, automotive sector etc. It is commonly used in the electronics industry for integrated circuits, photovoltaic devices and microelectronics. Global consumer electronics market will record a CAGR of 4% till 2024.Industrial automation and manufacturing of high-end vehicles have increased adoption of integrated circuits in these fields. Escalating electrical & electronics industry will ramp up vacuum coating equipment market demand.

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PVD coating accounted for significant share of around 39% in vacuum coating equipment market in 2015. It has an edge over traditional coating methods (electroplating and painting) of providing longer shelf life, bright colors, and scratch resistant surface to the product. It provides a coating to engine components that reduces friction and wear between the parts, resulting in better efficiency and performance of the engine.

Magnetron sputtering has wide and diversified applications such as in gas sensors, corrosion-resistant films, magnetic films, metallizing for microelectronic circuits and chip carriers. Metallizing is an innovative technology replacing electroplating in electronics industry. Magnetron sputtering application will grow above 9% CAGR in global vacuum coating equipment market till 2024.

PVD coating is applied on engine parts such as valve train components, drive train components, piston pins, piston rings, and gears. In 2013, over 21 million units of commercial vehicles were manufactured and in 2016, manufacturing crossed 22.8 million units. Global passenger vehicles sales registered a growth of 7.2% between March 2015 to March 2016.

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Increasing adoption of this coating in automobile industry and other industrial applications will strengthen vacuum coating equipment market in future. It is specifically replacing chrome plating, as chromium is carcinogenic in nature and is getting ban in many regions. On the other hand, complex machinery requirements and the need for skilled operators etc. are some of the factors that will hinder growth PVD coating penetration.

Key physical vapor deposition applications are microelectronics, storage, and solar panels. These applications are expected to witness a moderate market growth in the forecast period. Microelectronics is an upcoming field that has seen noteworthy rise in last few years. Storage application has grown considerably owing to rapid industrialization in emerging economies. Government friendly policies are encouraging the setup of solar power plants in developing economies such as India and China.

The foremost manufacturers of vacuum coating equipment market are Bühler Group, PVD Products, BCI, Applied Materials, IHI, Singulus Technologies AG, KOLZER, T-M Vacuum Products, Inc., ULVAC Technologies, Inc, CVD Equipment Corporation, Semicore Equipment, Inc., OC Oerlikon Corporation AG, and Miba Group.

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