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Vacuum Coating Equipment Market : Eminent Players – Buhler AG, Kolzer SRL, BCI Blösch Group, ULVAC Inc., Scientific Vacuum Systems Ltd. (SVS), Semicore Equipment, Inc., and CVD Equipment Corp

04-29-2021 02:56 PM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Vacuum Coating Equipment Market

Vacuum Coating Equipment Market

Asia Pacific vacuum coating equipment market to garner profits from expanding electronics & electrical industry

Vacuum coating equipment market outlook is likely to be driven by wide-ranging application scope in various industries, from automotive, power generation to electronics industry.

Global consumer electronics market is rapidly expanding and is expected to witness growth rate of 4% over 2016-2024. Expansive usage of vacuum coating equipment in electronics industry for microelectronics, integrated circuits, and photovoltaic devices is rendering substantial opportunities for vacuum coating equipment industry growth. Moreover, ban on chromium coatings due to its carcinogenic in nature in many regions has fueled the adoption of vacuum coating, which may further supplement industry share.
In terms of revenue, worldwide vacuum coating equipment market size is likely to surpass USD 47 billion by 2024, projects Global Market Insights, Inc., in its latest in-depth report.

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How will vacuum coating equipment industry gain from PVD coatings application?

In 2015, PVD vacuum coating equipment market accounted for around 39% in the overall share. Unlike electroplating, painting, or other traditional coating methods, PVD coatings provide scratch resistant surface, brighter color options, and impart longer shelf life to the products. In vehicle engine components, these coatings reduce friction and risks of wear between the parts, hence resulting in better performance and efficiency of the engine.

PVD coatings are extensively used in engine parts, including drive train components, valve train components, piston rings, piston pins, gears, etc. A rapid increase in the sales of commercial and passenger vehicles have been witnessed in the last decade. For instance, in 2013 over 21 million units of commercial vehicles were manufactured in 2013, which crossed 22.8 million units in 2016 and global passenger vehicles sales registered a growth of 7.2% over 2015-2016. Increasing product adoption in automobile, as well as other industrial applications, is likely to change business landscape over the coming years.

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How will inflated demand for Magnetron sputtering from electronics industry fuel vacuum coating equipment market trends?

Magnetron sputtering vacuum equipment has wide and diversified applications in magnetic films, gas sensors, metallizing for microelectronic circuits, chip carriers, corrosion-resistant films, etc.
Constant improvements in the fabrication and design of semiconductor devices have led to the introduction of large and medium scale integration of microcircuits. Such advances have led to severe demands for coating techniques. In the present scenario, metallizing is an innovative technology, which is speedily replacing electroplating in electronics industry. From magnetron sputtering application, global vacuum coating equipment market will witness a growth rate of around 9% over 2016-2024.

How is the robust growth of the power industry favoring Asia Pacific vacuum coating equipment market?

Asia Pacific vacuum coating equipment market contributes nearly 50% in the overall revenue. Rapid industrialization in the region has massively increased energy requirements, which has resulted in significant expansion of its power generation industry. Surging demand for vacuum coating equipment in from the regional electrical sector may further boost industry expansion. Moreover, large-scale production of premium smartphone requiring luxurious external display will also boost product penetration.

Report Content

Chapter 1. Methodology and Scope

1.1. Methodology

1.2. Market definitions

1.3. Market estimation & forecast parameters

1.4. Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid sources

1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1. Vacuum coating equipment market 360° synopsis, 2016 – 2026

2.1.1. Business trends

2.1.2. Technology trends

2.1.3. Application trends

2.1.4. Regional trends

Chapter 3. Vacuum Coating Equipment Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2016 - 2026

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.3.2. Distribution channel analysis

3.4. Technology landscape

3.5. Industry impact forces

3.5.1. Growth drivers

3.5.1.1. Rising need to comply with engine emission norms

3.5.1.2. Advantages of decorative PVD coating over electroplating in consumer goods industry

3.5.2. Industry pitfalls & challenges

3.5.2.1. Operational snags and drawbacks

3.6. Industry megatrends

3.7. Regulatory landscape

3.7.1. U.S.

3.7.2. Europe

3.7.3. China

3.8. Growth potential analysis

3.9. Cost structure analysis

3.10. Competitive landscape, 2019

3.10.1. Company market share analysis, 2019

3.10.2. Strategic dashboard

3.11. Porter's analysis

3.11.1. Supplier power

3.11.2. Buyer power

3.11.3. Threat of new entrants

3.11.4. Industry rivalry

3.11.5. Threat of substitutes

3.12. PESTEL analysis

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.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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