Global Sputter Coating Market Size, Share - Industry Trend and Forecast 2016 - 2024

Latest industry research report on: Global Sputter Coating Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

The field of electron microscope requires the coating of samples for better imaging. Furthermore, the created layer is conductive in nature which enables charging and reduces the thermal damage to improve the secondary electron signals for topographic examination. Sputter Coating is one such method which involves the process of applying an ultra thin coating of electrically conductive metals such as gold, silver platinum and palladium among others. These coatings have a thickness range of 2-20 nanometers. The market is expected to grow significantly during the forecast period.

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The sputter coating technology is increasingly being applied in the glass coating technology. The rising technological innovation in the glass displays is aiding to the growth of glass coating. This will indirectly drive the market for sputter coating market. Furthermore, the technological innovations in the semiconductor industry have lead to the growth of internet of things (IoT) market. Sputter Coating technology also finds it application in semiconductor industry. Hence the rising demand for IoT market is expected to drive the market for sputter coatings market significantly. In addition, there are several technologies under sputter coating which includes ion-assisted deposition which is one of the methods. This method is being used in medical implants, which is in return, pushing the demand for sputter coatings in the healthcare industry. Furthermore, the rising concern and upcoming government regulations for controlled hexavalent chrome emission is further driving the demand for sputter coating market globally.

However, the use and application of sputter coating technology involves high expenditure which is restraining the growth of the market. In addition, proper application of sputter coating requires highly skilled technicians. These factors are expected to slow the growth of the market across all the regions.

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The market is expected to witness robust growth in future. The rising demand for voice over LTE (VOLTE) services in developing regions is expected to drive the market for sputter coatings in the telecommunication industry. Moreover, the demand for improved telecommunication is expected to create the need for improved smart phones with enhanced network capabilities. With the rise in telecommunication and smart phone industry, the overall semiconductor sector is expected to grow robustly. Sputter Coating technology is an essential aspect in rising demand in the semiconductor domain and hence expected to witness a steady growth globally.

The sputter coating market can be segmented by substrate, target material, application and geography. In terms of substrate, the market can be segregated into semiconductors, insulators and metals & dielectric. Furthermore, in terms of target material, the market can be bifurcated into compounds, alloys and pure metal. The sputter coatings find their application in several areas which includes automotive, energy, defense, lighting, optical coating, healthcare, architecture, electronics and decorative coating among others.

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By geography, the sputter coating market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America and Europe are expected to witness steady growth at the initial stage as they are the early adapters of new technology. Furthermore, the use of sputter coatings involves high initial investment which is not available across all the regions. However, Asia Pacific region is expected to witness a strong growth in future due to the presence of developing regions like China and India.

The sputter coating market is witnessing strong competition from the major players. Frequent mergers and acquisition among the top players is aiding to the growth of the market globally. The leading players in the market include Umicore Group, Heraeus Deutschland GmbH & Co. Kg, AJA International Inc., Mitsubishi Materials Corporation, Treibacher Industries AG, Corning Precision Materials Korea Co., Ltd., Hitachi Metals, Ltd., Intevac Inc, Soleras Advanced Coatings, Honeywell Electronics Material and Plansee among other players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and projected size of the market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging niche segments and regional markets

An objective assessment of the trajectory of the market

Recommendations to companies for strengthening their foothold in the market

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