This report calculates the Physical Vapor Deposition Market size, future trends, demand, revenue, price, growth, market drivers, opportunities and challenges, sales channels and distributors, and forecast (2021-2027). The competition in the global Physical Vapor Deposition industry is analyzed, taking into consideration price, revenue, sales, and market share by company, market concentration rate, competitive situations and trends, expansion, merger and acquisition, and market shares of top companies.
(Our SAMPLE COPY of the report gives a brief introduction of the Physical Vapor Deposition market, Detailed TOC, key players of the market, list of tables and figures, and comprising key countries & regions.)
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Physical vapor deposition (PVD) is also referred to as physical vapor transport (PVT) which includes a variety of vacuum deposition the process that is used to produce thin films and coatings. In this process materials are transferred from condensed phases to vapor phases and then get back to the condensed phase of thin films. Physical vapor deposition (PVD) is used across various applications such as fabrication of microelectronic devices, surface modifications battery and fuel cell electrodes, interconnects, diffusion barriers, optical and conductive coatings.
The global physical vapor deposition market is projected to reach around US$ 25.7 billion by the end of 2027, in terms of revenue, growing at a CAGR of 5.4% during the forecast period (2019-2027).
Increasing penetration of microelectronics across various industries is primarily fueling the market growth of physical vapor deposition. Microelectronics is used to production of small electronic equipment that is micrometers in size and they find application across automotive, defense, and healthcare industries. Microelectronics is one of the major application areas for physical vapor deposition (PVD). Hence the growth of the microelectronics market is fueling the market growth of physical vapor deposition.
High capital investment and lack of product differentiation and innovation is expected to restrict the market growth of physical vapor deposition. New and advanced product development technology requires huge capital investment in research and development and this high cost of investment is expected to hinder the market growth of physical vapor deposition technology.
Rising demand for physical vapor deposition coating for improving the appearance of products and durability coupled with renovating the product’s base material is expected to propel the market growth of physical vapor deposition. In addition, the process is also gaining demand because of its eco-friendly nature and other advantages that provide durability, appealing, and bright finishes to a wide range of industrial products.
The rising trend of using plastic materials in place of metal across the electrical industry is expected to propel the market growth of physical vapor deposition. Such plastic used in the electrical industry should be durable and scratch-resistant to meet the functional requirements and aesthetic appearance. PVD technology is highly preferred over conventional coating technologies, thus propelling the market growth of physical vapor deposition.
Key players operating in the global physical vapor deposition market are Oerlikon Balzers (Oerlikon Group), IHI Corporation, Silfex Inc. (Lam Research Corp.), Lam Research Corp, Singulus Technologies AG, Applied Materials, Inc., ULVAC Inc., Veeco Instruments Inc., Buhler AG, Semicore Equipment, Inc., and Platit AG.
[Note: *The PDF Brochure Includes
1) Table of Content (ToC),
2) Research Framework of the actual report, and
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Important Information that can be extracted from the Report:
♦ Assessment of the COVID-19 impact on the growth of the Physical Vapor Deposition Market
♦ Successful market entry strategies formulated by emerging market players
♦ Pricing and marketing strategies adopted by established market players
♦ Country-wise assessment of the Physical Vapor Deposition Market in key regions
♦ Year-on-Year growth of each market segment over the forecast period 2027
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In Addition, The Years Considered For The Study Are As Follows:
Historical year – 2014 to 2018
Base year – 2019
Forecast period – 2020 to 2026
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