openPR Logo
Press release

Physical Vapor Deposition Market: Vaporizing Boundaries - Market Overview 2024

05-14-2024 12:42 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Physical Vapor Deposition Market: Vaporizing Boundaries -

The physical vapor deposition market size has grown rapidly in recent years. It will grow from $21.48 billion in 2023 to $23.64 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to growth in semiconductor manufacturing, expansion of hard coatings and thin films, advancements in material science and nanotechnology, aerospace and automotive applications, development of wear-resistant coatings..

The physical vapor deposition market size is expected to see strong growth in the next few years. It will grow to $34.18 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to green and sustainable pvd processes, miniaturization and high-performance coatings, growth in renewable energy applications, expansion of mems and nems technologies, customized coatings for specific industries.. Major trends in the forecast period include pvd for advanced energy storage, biocompatible and bioactive pvd coatings, coatings for flexible and wearable electronics, regulatory standards for environmental impact, additive manufacturing and pvd synergy.

Market Overview -
Physical vapor deposition refers to several different vacuum deposition techniques that can be used to create thin films and coatings. Physical vapor deposition is described as a method in which a material transforms from a condensed to a vapor phase before returning to a thin-film condensed phase.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5156&type=smp

Growing Medical Device Demand Boosts Physical Vapor Deposition (PVD) Market
The rise in demand for medical devices and equipment is projected to drive the growth of the physical vapor deposition (PVD) market in the coming years. Physical vapor deposition (PVD) is increasingly being used by medical device manufacturers to create extremely strong, thin coatings on stainless steel, titanium, ceramics, and other advanced products. PVD coating methods are used to increase corrosion resistance in medical device coatings, orthopaedic surgical instruments, and implants. For instance, according to the International Trade Administration (ITA), the USA continues to be the world's largest medical device sector, with a projected value of $208 billion by 2023. Therefore, the rise in demand for medical devices and equipment propels the growth of the physical vapor deposition market.

Competitive Landscape -
Major companies operating in the physical vapor deposition market include Applied Materials Inc., IHI Hauzer B.V., Oerlikon Balzers Coating AG, Advanced Energy Industries Inc., Platit AG, Semicore Equipment Inc., Angstrom Engineering Inc., Singulus Technologies AG, Veeco Instruments Inc., AJA International Inc., Buhler Alzenau GmbH, Intevac Inc., Impact Coatings AB, Mustang Vacuum Systems Inc., Silfex Inc., Denton Vacuum LLC, CHA Industries Inc., Plasma Quest Limited, Kurt J. Lesker Company, HEF USA LLC, Tokyo Electron Limited, Richter Precision Inc., Lam Research Corporation, KDF Electronics & Vacuum Services Inc., Impreglon Canada Ltd., Plasma-Therm LLC, ULVAC Inc., voestalpine AG, ASM International N.V., Techmetals Inc.

Launch Of Pvd With Excellent Thermal Stability
Major companies operating in the physical vapor deposition market are innovating products with excellent thermal stability. Excellent thermal stability refers to the ability of a material or component to maintain its structural integrity and performance characteristics over a wide range of temperatures without significant degradation. For instance, in September 2022, Walter AG, a Germany-based machine industry company, launched Tiger·tec Gold (physical vapor deposition) PVD Grade WSP45G. Tiger·tec Gold (physical vapor deposition) PVD Grade WSP45G is available with an aluminum oxide (Al2O3) multilayer, which makes it highly crystallized and provides excellent thermal stability. It is suitable for various applications, including the milling of stainless steel, difficult-to-machine materials, and other high-performance materials.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/physical-vapor-deposition-global-market-report

Key Segments -

The physical vapor deposition market covered in this report is segmented -
1) By Type: PVD Equipment, PVD Materials, PVD Services
2) By Process: Thermal Evaporation, Sputter Deposition
3) By Application: Microelectronics, Data Storage, Solar products, Cutting Tools, Medical Equipment, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Physical Vapor Deposition Market: Vaporizing Boundaries - Market Overview 2024 here

News-ID: 3495827 • Views:

More Releases from The Business Research Company

In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Multimodal Product Search Market
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Mu …
The multimodal product search market is set to undergo substantial growth in the coming years, driven by rapid advancements in artificial intelligence and evolving consumer demands. This sector is becoming increasingly vital as retailers and technology providers aim to deliver more seamless, intuitive shopping experiences across various platforms. Below, we explore the market size, key players, emerging trends, and segment breakdowns shaping this dynamic industry. Projected Market Expansion of the Multimodal
Trends in Growth, Segment Analysis, and Competitive Strategies Influencing the Artificial Intelligence (AI) Ethics Advisory Services Market
Trends in Growth, Segment Analysis, and Competitive Strategies Influencing the A …
The rapid advancement of artificial intelligence (AI) technologies has brought with it growing concerns about ethical practices and responsible usage. As organizations increasingly adopt AI, the demand for specialized advisory services that address AI ethics is rising sharply. This emerging market is set to experience robust growth as businesses seek expert guidance to navigate regulatory requirements and promote trustworthy AI deployment. Projected Expansion and Market Size of the AI Ethics Advisory
Key Players and Competitive Dynamics in the Mobile Cloud Market
Key Players and Competitive Dynamics in the Mobile Cloud Market
The mobile cloud market is on the verge of remarkable expansion as technological advancements and shifting user demands reshape how cloud services are accessed via mobile devices. This sector is set to undergo significant growth over the next several years, driven by innovations and increasing reliance on mobile connectivity in both personal and enterprise environments. Let's explore the market's projected size, key players, emerging trends, and segmentation to better understand
Leading Companies Reinforce Their Presence in the Airport Cargo Handling Services Market
Leading Companies Reinforce Their Presence in the Airport Cargo Handling Service …
The airport cargo handling services sector is set to experience consistent growth as global trade and logistics demands evolve. With increasing cross-border e-commerce and advancements in technology, this industry is moving toward more automated and efficient operations. Let's explore the market's size projections, leading players, key trends, and segment breakdowns shaping this important part of the air freight ecosystem. Projected Market Expansion in Airport Cargo Handling Services The airport cargo

All 5 Releases


More Releases for PVD

PVD Coating Service Market Report 2025
On Oct 14, 2025, Global Info Research released a research report titled "Global PVD Coating Service Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides detailed data analysis of the PVD Coating Service market from 2020 to 2031. Including the market size and development trends of PVD Coating Service Market, it analyzes market size indicators such as revenue, growth rate, average price and
PVD Salt Manufacturing Plant Project Report
Physical Vapour Deposition (PVD) is an advanced technology used to apply thin, durable coatings on various materials. While the method itself does not inherently involve salt production, the term "PVD salt manufacturing" can be interpreted as a specific process or material within a PVD-related application. In this context, we can explore the potential steps, costs, equipment, and industry considerations for establishing a manufacturing plant focused on producing a material known
PVD Coating Equipment for Semiconductor Market
PVD Coating Equipment for Semiconductor Market The global PVD Coating Equipment for Semiconductor market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030. North American market for PVD Coating Equipment for Semiconductor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast
PVD Coating Services Market Size, Forecast 2031 by Key Companies- ASSAB, Vergaso …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global PVD Coating Services Market size was valued at USD 5.28 Billion in 2023 and is projected to reach USD 8.2 Billion By 2031, growing at a CAGR of 6.35% during the forecast period 2024 to 2031. The PVD (Physical Vapor Deposition) Coating Services Market presents ample opportunities driven by the increasing demand for advanced surface coating solutions across various industries.
Guyson Grit Blaster For Cleaning PVD Shields
Guyson International, the UK's leading manufacturer of industrial finishing equipment, has recently delivered its latest Guyson Euroblast® 7PF 'Pressure Fed' manually operated blast cabinet into a tool coating company for reclaiming expensive vacuum coating shields used in the Physical Vapour Deposition (PVD) coating process. The Euroblast size 7 cabinet has proven to be the favoured choice of many of the world's foremost cutting tool coating companies for this application. Using physical
PVD Coating Services Market 2020 - 2026 Top Companies Tanury, Northstar Coating, …
Global PVD Coating Services Market report 2020 contains a thorough analysis and careful investigation of around the world which enables the client to assess the long haul based request and predicts exact executions. The development rate which is really anticipated relying upon the scholarly examination gives thorough data on the overall PVD Coating Services industry. The research study on Global PVD Coating Services Industry organizes the overall perspective of the