Physical Vapor Deposition (PVD) Market 2019

Adroit Market Research
Global Physical Vapor Deposition
(PVD) Market Size
By Industry (PVD Equipment, PVD Materials and PVD Services), By
Application (Microelectronics, Data Storage, Solar Products, Cutting
Tools, Medical Equipment and Others) and By Region (North
America, Europe, Asia Pacific, Latin America and MEA)
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Adroit Market Research
Global Physical Vapor Deposition Market is Anticipated to Grow at a CAGR of
8% by 2025
• Adroit Market Research studied Global Physical Vapor Deposition (PVD) Market Size, by Industry (PVD Equipment, PVD
Materials and PVD Services), by Application (Microelectronics, Data Storage, Solar Products, Cutting Tools, Medical
Equipment and Others) and by Region (North America, Europe, Asia Pacific, Latin America and MEA).
• The global physical vapor deposition market analysis include industry trends, opportunities, drivers and restrains. The
study includes S.W.O.T. and PORTER’S analysis of the physical vapor deposition market.
• This coupled with competitive landscape of the major players in the global physical vapor deposition market we, have the
forecast of the global physical vapor deposition market size till 2025.
• The global physical vapor deposition market is projected to show a steady growth reaching to USD 34 billion by 2025.
Rising demand for PVD coatings in explosively growing microelectronics industry to drive the market growth during the
forecast period. Further, increased medical and cutting tool applications is projected to fuel the growth of the global
physical vapor deposition market by 2025.
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Adroit Market Research
Global Physical Vapor Deposition Market is Anticipated to Grow at a CAGR
of 8% by 2025
• By type, PVD equipment is projected to have the largest share of 57% in the global physical vapor deposition market by
2025. Players in the industry are expected to invest heavily in the latest equipment to gain maximum production
efficiency, are expected to drive the growth of the global physical vapor deposition market during the forecast period.
• PVD services are expected to grow with the fastest CAGR of 9.2% by 2025 in the global physical vapor deposition market.
The growth is expected as implementation of the processes such as evaporation, vacuum and others will be on top
priority to achieve a superior quality of coatings.
• By 2025 microelectronics are expected to continue its supremacy accounting to 57% share in the global physical vapor
deposition market. PVD coating increases the impact bearing capacity, durability and prevents the components from
corrosion.
• Hence, the microelectronics industry, especially from the Asia Pacific, has adopted to PVD coatings driving the growth of
the global physical vapor deposition market during the forecast period. By 2025 PVD coated medical equipment are
projected to grow with the fasted CAGR of 9.4% as the healthcare sector in regions like North America, Latin America
and MEA is booming.
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Adroit Market Research
Global Physical Vapor Deposition Market is Anticipated to Grow at a CAGR of
8% by 2025
• The Asia Pacific is projected to be the largest market during the forecast period accounting to 48% share in the global
physical vapor deposition market. Countries such as China are projected to surge at a CAGR of 8.8% as demand from
booming electronic industry in the country for PVD coatings is projected to drive the market growth.
• Solar PV panels coated with PVD are expected to surge in demand in a country like India which is projected to be a leader
in solar energy by 2025 boosting the market growth in the country. Further, PVD coated medical equipment is predicted to
grow strongly especially in South-East Asia.
• The players that are projected to have a strong position in the global physical vapor deposition market are Veeco
Instruments Inc, Oerlikon Balzers Hartec GmbH, Semicore Equipment, Inc., Impact Coatings, Applied Materials, Inc., AEG
Power Solutions, Sulzer Metplas, Platit AG, IHI Corporation and Others.
• The global physical vapor deposition market is fragmented as there are many players in the industry and new players are
expected to enter during the forecast period owing to high industry attractiveness and low threat of substitute. Thus,
major players are adopting to mergers and acquisition to strengthen its position during the forecast period in the global
physical vapor deposition market. For instance, in 2017, Oerlikon Balzers Hartec GmbH acquired Depots Metalliques Sous
Vide (DMX), a French PVD player. The aim of the acquisition is to improve the services and product offering in France.
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Segment overview of Global Physical Vapor Deposition Market
Application Overview, 2015-2025 (USD million)
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Microelectronics
Data storage
Solar products
Cutting tools
Medical equipment
Others
Type Overview, 2015-2025 (USD million)
• PVD equipment
• PVD materials
• PVD services
Regional Overview, 2015-2025 (Million Square Meters, USD Million): North America, Europe, Asia Pacific, Latin America,
Middle East & Africa
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Global Physical Vapor Deposition (PVD) Market Size is estimated to exhibit a stable growth crossing to USD 34 billion and growing at a CAGR of 8% from 2018 to 2025.