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Market HighlightsMajor end users industries for vapor deposition are automotive, aerospace, pharmaceutical, metal industry, and others. In automotive and aerospace industry, physical vapor deposition process used for coating into automotive parts like wheels and pistons, surgical tools, drill bits, and guns.
The growing demand in end user industry such as automotive, aerospace, pharmaceutical, metal industry, and others is expected driving factor for the global vapor deposition market in in near future. Global Chemical Vapor Deposition Market is expected to witness a significant growth of USD ~ 32.93 billion by 2023 with CAGR of ~7.12% and The Global Physical Vapor Deposition Market is expected to witness a significant growth of USD ~ 30.94 billion by 2023 with CAGR of ~6.2% between 2016 and 2023.
Key Players
• Aurora Scientific Corp (UK),
• IHI Hauzer Techno Coating BV (Europe),
• ULVAC Technologies (Japan),
• Oerlikon Balzers Coating AG (Europe),
• Semicore Equipment, Inc (US),
• Plasma-Therm, LLC (US),
• Aixtron SE (Germany),
• Tokyo Electron Limited (Japan),
• Lam Research Corporation (US),
• CHA Industries, Inc. (UK),
• Others.
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The market witnessed a significant growth over the forecasted period owing to growing applications such as into microelectronics, electrical energy storage, solar, cutting tools, medical equipment, coating, and others across various industries.
The major driving factors of vapor deposition market are growing demand from automotive industry. In addition, the increasing demand from the automotive, metal industry, and aerospace industry is expected to enhance market growth of vapor depositions in near future.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Vapor Deposition Market Research Report- Forecast to 2023”
Segmentation
The global vapor deposition market is majorly segmented on the basis of process, application, end users and region. Based on process market is segmented into physical vapor deposition (PVD) and chemical vapor deposition (CVD). Based on application of vapor deposition the market is segmented into microelectronics, electrical energy storage, solar, cutting tools, medical equipment, coating, and others (free-standing bodies, films, and fibers). Based on end user the market segmented into automotive, aerospace, pharmaceutical, metal industry, and others(electronics, optical, and military), and based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
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Regional analysis:
The global vapor deposition market is classified on the basis of mixed geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific vapor deposition market is largest market owing to robust industry growth of application industry in China, Japan and India. Asia Pacific vapor deposition market size is likely to witness highest gains over the forecast period. Positive stance on end-use industries such as automotive, aerospace, pharmaceutical, metal industry, and others in countries like China & India is predict to drive demand. China is major dominating country owing to large scale production of end user industries such as automotive and metal industry. The Asia Pacific vapor deposition market is expected to grow owing to rising interest in electrical energy storage for small scale solar photovoltaic system. In India, China and Japan the demand is likely to continue over the next couple of years due to requirement to fulfill insufficient energy structure. However, various key players of vapor deposition are projected to enter the market from countries such as China and India near the end of the forecasted period.
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