Press release
Physical Vapor Deposition (PVD) Coating System Market to Witness Robust Expansion by 2028
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The global PVD coating system market is segmented based on substrates, materials, and applications. Based on substrates the market is sub-segmented into nylon, plastics, glass, ceramics and metals. Based on materials the market is sub-divided into titanium, zirconium, aluminium, stainless steel and copper. Based on application the market is categorized into electronics and panel display, optics and glass, automotive, tools and hardware, and others. Based on substrates, the plastic PVD coating segment is expected to grow at a significant rate, owing to its corrosion-resistant electroplating property that improves the finishing of the surface, and provides superior performance while posing no environmental risks, to various products such as automotive parts, electronics, and semiconductor. However, the PVD glass segment has registered a favourable growth during the forecast period, owing to its Low-e glass feature that aids in the reduction of heat loss, which is becoming increasingly important in the construction industry.
The electronics and panel display segment held a favourable market share in the PVD coating system market. This is attributed to the extensive application of physical vapour deposition coating in consumer electronics, home appliances, and other electronic products. The rising consumer spending and demand for electronic products are expected to facilitate market growth. Moreover, the government's financial support and numerous schemes for promoting the growth of electronics, semiconductors and display products will further drive the segment growth. for instance, according to the National Investment Promotion & Facilitation Agency, The global electronic devices market was $2.9 trillion in 2020, and India's share in the global electronic systems manufacturing industry has grown from 1.3% in 2012 to 3.6% in 2019. As per the same source, India's semiconductor market is set to increase from $15 Billion in 2020 to $110 Billion in 2030, growing at a CAGR of 22%.
A full Report of Physical Vapor Deposition (PVD) Coating System Market is Available @ https://www.omrglobal.com/industry-reports/pvd-coating-system-market
Global PVD Coating System Market Segmentation
By Substrates
Nylon
Plastics
Glass
Ceramics
Metals
By Materials
Titanium
Zirconium
Aluminum
Stainless Steel
Copper
By Application
Electronics and Panel Display
Optics and Glass
Automotive
Tools and Hardware
Other
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Advanced Coating Service
Anglo American Plc
Angstrom Engineering Inc.
Denton Vacuum.
Diamond Materials Gmbh
Hef
Ihi Corp.
Impact Coatings AB
Intevac, Inc.
Kobe Steel Ltd
Kolzer
Kurt Lesker Co
Lafer S.P.A.
Morgan Advanced Materials Plc
Nissin Electric Co.,Ltd
Oc Oerlikon Corp. Ag
Sp3 Diamond Tech
Sumitomo Electric Industries Ltd
Voestalpine High Performance Metals India Pvt. Ltd.
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Over 100+ paid data sources mined for investigation.
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