Global physical vapor deposition market is projected to register a substantial CAGR of 6.4% in the forecast period of 2019–2026 due to rise in the demand in semiconductor industry, increase in demand of microelectronics in industries such as automotive and growing technological advancement likely to drive the market. Physical vapour deposition is set of processes which are utilized for the deposition of thin layers of material. The thickness range varies from few nanometres to micrometres. Generally, physical vapour deposition is an environmental friendly technique of material deposition. Physical vapour deposition has wide applications including interconnects, fabrication of microelectronic devices, diffusion barriers, battery and fuel cell electrodes, surface modifications, and optical and conductive coatings.
Market Restraints:
· Stringent regulations against the use of PVD technologies is restraining the market growth
· Strict legislation and barriers for the new entrants in the market may hamper the growth of the market
· High capital investment because of patented technologies may restrict the market growth
Market Drivers:
· Increasing demands from semiconductor industry which have deployed physical vapour deposition on large scale is driving the growth of the market
· Rising demand of microelectronics in various industries such as automotive industry is a driver for this market
· Worldwide growing demand for electronic goods such as smartphones, tablets and portable devices boosting the market growth
· Growing technological advancement is likely to drive the market growth
Segmentation: Global Physical Vapor Deposition Market
Global Physical Vapor Deposition Market By Category (PVD Equipment, PVD Materials, PVD Services), Application (Microelectronics, Data Storage, Solar Products, Medical Equipment, Cutting Tools, Architectural Glasses, Others), Process (Thermal Evaporation, Sputter Deposition, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) — Industry Trends and Forecast to 2026
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Major Market Competitors/Players
Few of the major competitors currently working global physical vapor deposition market are Oerlikon Balzers Coating India Pvt. Ltd , Denton Vacuum, IHI HAUZER B.V., Impact Coatings AB, Kurt J. Lesker Company, Plasma Quest Limited, PLATIT AG, Richter Precision, Inc, Sulzer Ltd, Tokyo Electron Limited, , Applied Materials, Inc, Advanced Energy Industries, Inc, Angstrom Engineering Inc., Intevac, CHA Industries, Inc , ADEKA CORPORATION, AIXTRON, ASM International, LAM RESEARCH CORPORATION, Plasma-Therm and among others.
Competitive Analysis
Global physical vapor deposition market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of physical vapor deposition market for Global, Europe, North America, Asia Pacific and South America.
Key Insights in the report:
· Complete and distinct analysis of the market drivers and restraints
· Key market players involved in this industry
· Detailed analysis of the market segmentation
· Competitive analysis of the key players involved
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