Global Physical Vapour Deposition Market, By Category (Physical Vapour Deposition (PVD) Equipment, Physical Vapour Deposition (PVD) Materials and Physical Vapour Deposition (PVD) Services), Application (Semiconductor and Electronics, Microelectronics, Data Storage, Solar Products, Medical Equipment, Cutting Tools, Architectural Glasses and Others), Process (Thermal Evaporation, Sputter Deposition and Others) – Industry Trends and Forecast to 2030.
Physical Vapour Deposition Market Analysis and Size
The physical vapour deposition market has developed significantly in last few years owing to technological advancement and innovation for the manufacturing of new products. Physical vapour deposition technology is extremely preferred over conventional coating technologies across several industries. The “semiconductor and electronics “is the highest-growing application segment of the market during the forecast period. This is attributed to the wide application of physical vapour deposition coating in home appliances, consumer electronics, and other electronic products.
Data Bridge Market Research analyses that the physical vapour deposition market was valued at USD 2.86 billion in 2022 and is expected to reach USD 5.29 billion by 2030, registering a CAGR of 8.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Physical Vapour Deposition Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Category (Physical Vapour Deposition (PVD) Equipment, Physical Vapour Deposition (PVD) Materials and Physical Vapour Deposition (PVD) Services), Application (Semiconductor and Electronics, Microelectronics, Data Storage, Solar Products, Medical Equipment, Cutting Tools, Architectural Glasses and Others), Process (Thermal Evaporation, Sputter Deposition and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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IHI HAUZER B.V. (Netherlands), IHI Ionbond AG (Switzerland), Applied Materials Inc. (U.S.), Adeka Corporation (Japan), Plasma Therm (U.S.), Aixtron SE (Germany), Tokyo Electron Limited (Japan), IHI Group (Japan), Lam Research Corporation (U.S.), Kurt J. Lesker Company (U.K.), Veeco Instruments (U.S.), Oerlikon Balzers Coating AG (Switzerland), ULVAC (U.S.), ASM International (Netherlands), JUSUNG ENGINEERING (South Korea), Aurora Scientific Corp. (Canada)
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Market Opportunities
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Market Definition
Physical vapour deposition (PVD) is a procedure which is used to form a metal vapour that can be placed on electrically conductive materials as a highly adhered pure, thin metal or alloy coating. The thickness of this deposit varies from micrometres to nanometres. The examples of semiconductor materials are medical equipment, microelectronics, solar products, cutting tools and others, these are covered with a thin protective film or layer by using physical vapour deposition process.
Physical Vapour Deposition Market Dynamics
Drivers
- Growing penetration of microelectronics
Rising penetration of microelectronics across numerous industries is mainly boosting the market's growth rate. Microelectronics is used for the manufacture of small electronic equipment which is micrometers in size and they find application across defense, automotive, and healthcare sectors. Microelectronics is one of the main application areas for the physical vapour deposition. Hence the growth of the microelectronics market is ultimately fuelling the growth of physical vapour deposition market.
- High demand of physical vapour deposition due to unique properties
Physical vapour deposition has gained substantial traction during forecast period of 2023 to 2030 because it aids in increasing the durability and appearance of product and its base material with additional functions. Furthermore, physical vapour deposition does not need any process medium to make it eco-friendly. This vapour deposition has wide range of application in a industrial and consumer components.
Opportunities
- High usage of physical vapour deposition in low-e glass production
Growing usage of physical vapour deposition in the manufacture of low-e glass for automotive and construction industries is anticipated to create lucrative opportunities for the market growth. Physical vapour deposition (PVD) materials for coating of low-e glass contain aluminum and aluminum alloy, copper & its alloy, chromium, silver. Low-e glass aids in the decrease of heat loss which is gaining massive importance in the construction industry. Hence, increasing demand for low-e glass from the construction sector is anticipated to boost the growth of physical vapour deposition market.
- Rising demand of physical vapour deposition in automotive industry
In the automotive industry, the thin and transparent nature of the coating enables electromagnetic waves and light to pass through the coated components. It is important to integrate multi-sensor technology into the latest generation of automobiles because it helps increase the safety and aesthetics features of electronic components in automobiles. Huge investments by private and public stakeholders, backed by continuous rising demand for electronic products in automobile and strong policy support are anticipated to contribute to the market's growth in both emerging and developed economies.
Restraints/ Challenges
- High cost associated with physical vapour depositions
High capital investment and lack of product innovation and differentiation are expected to hamper the growth of physical vapour deposition market. Advance and new product development technology need high capital investment in research and development activities, which further hinders market growth during the forecast period.
This physical vapour deposition market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the physical vapour deposition market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, Veeco Instruments, a physical vapor deposition industry, revealed its Environmental, Social, and Governance (ESG) aims to showcase the company's on-going commitment to corporate social responsibility in 2022 and beyond. The objectives are mainly based on the feedback received from the company’s stakeholders and results of their 2021 materiality assessment, product responsibility, related to climate change, diversity and responsible corporate governance.
- In 2022, Veeco Instruments announced that they ordered Veeco’s IBD-LDD Ion Beam Deposition (IBD) System. This system will be used to fulfill increasing demand for extreme ultraviolet (EUV) mask blanks. This mask will use to create semiconductor devices related to advanced memory and logic applications.
Global Physical Vapour Deposition Market Scope
The physical vapour deposition market is segmented on the basis of category, application and process. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Category
- Physical Vapour Deposition (PVD) Equipment
- Physical Vapour Deposition (PVD) Materials
- Physical Vapour Deposition (PVD) Services
Application
- Semiconductor and Electronics
- Microelectronics
- Data Storage
- Solar Products
- Medical Equipment
- Cutting Tools
- Architectural Glasses
- Others
Process
- Thermal Evaporation
- Sputter Deposition
- Others
Physical Vapour Deposition Market Regional Analysis/Insights
The physical vapour deposition market is analysed and market size insights and trends are provided by country, category, application and process as referenced above.
The countries covered in the physical vapour deposition market report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the physical vapour deposition market in terms of revenue and market share. This is mainly due to increased penetration of smartphones and other gadgets especially in the emerging economies in this region.
North America will continue to project the highest growth rate during the forecast period of 2023-2030 owing to rising demand for the semiconductors and LEDs products and strict regulation over the usage of Cr6 in the electroplating technology in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Physical Vapour Deposition Market Share Analysis
The physical vapour deposition market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to physical vapour deposition market.
Some of the major players operating in the physical vapour deposition market are:
- IHI HAUZER B.V. (Netherlands)
- IHI Ionbond AG (Switzerland)
- Applied Materials Inc. (U.S.)
- Adeka Corporation (Japan)
- Plasma Therm (U.S.)
- Aixtron SE (Germany)
- Tokyo Electron Limited (Japan)
- IHI Group (Japan)
- Lam Research Corporation (U.S.)
- Kurt J. Lesker Company (U.K.)
- Veeco Instruments (U.S.)
- Oerlikon Balzers Coating AG (Switzerland)
- ULVAC (U.S.)
- ASM International (Netherlands)
- JUSUNG ENGINEERING (South Korea)
- Aurora Scientific Corp. (Canada)
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