Press release
Vacuum Coating Equipment Market: Rising Demand and Expanding CAGR Propels Market Growth Through 2029
Unprecedented growth is forecasted in the global vacuum coating equipment market, driven by a surge in demand for energy-efficient and functional coatings across multiple industries.What Is The Projected Market Size Of The Global Vacuum Coating Equipment Market And Its Growth Rate?
The global vacuum coating equipment market has witnessed robust growth, attributable mainly to the rising demand in consumer electronics and semiconductors, as well as in the medical and automotive sectors.
• Market size of $35.58 billion in 2024
• Growth to $38.18 billion at a CAGR of 7.3% in 2025
• Expected to reach $51.83 billion by 2029, growing at a CAGR of 7.9%
Growth factors contributing to this upswing include an increasing demand for nanocoatings and thin films, the integration of automation and robotics, and a green shift to eco-friendly coating processes.
What Is Driving The Growth In The Vacuum Coating Equipment Market?
The rise in demand for electric vehicles is propelling the vacuum coating equipment market, as coatings are critical in protecting the substrates of these vehicles and their components from rust and damage. As per Bloomberg New Energy Finance, EV sales are expected to constitute 10% of global passenger vehicle sales by 2025, reaching 28% by 2030 and a staggering 58% by 2040. This rising demand for electric vehicles is hence pushing the growth of the vacuum coating equipment market.
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Who Are the Key Players Driving Vacuum Coating Equipment Market Growth?
• Bühler Group
• ULVAC Inc.
• Applied Materials Inc.
• Singulus Technologies AG
• Kolzer Srl
• CVD Equipment Corporation
• Semicore Equipment Inc.
What Are The Key Trends In The Vacuum Coating Equipment Market?
Prevailing trends in the vacuum coating equipment market include:
• Smart coatings
• Industry 4.0 integration
• 5G technology incorporation
• Customized coatings
• Nanotechnology applications
What Are The Segments Of The Global Vacuum Coating Equipment Market?
The global vacuum coating equipment market is divided by:
• Product: Physical Vapor Deposition (PVD), Magnetron Sputtering, Chemical Vapor Deposition (CVD)
• Application: Transparent Electrical Conductors, Optical Films, Packaging, Hard and Wear-Resistant Coatings, Other Applications
• Vertical: Electronics, Automotive, Healthcare, Other Verticals
Which Region Leads The Vacuum Coating Equipment Market?
Asia-Pacific dominated the vacuum coating equipment market in 2024 and is expected to maintain its leading position. The Asian market is likely to see the highest rate of growth due to increasing demand across various sectors for advanced coating technologies.
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What Is Covered In The Vacuum Coating Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Vacuum Coating Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Vacuum Coating Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Vacuum Coating Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Vacuum Coating Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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