Vacuum Coating Equipment Market is expected to be favorably influenced by the rapid growth of the consumer electronics, power generation, automotive, and aviation sectors
— APAC vacuum coating equipment market, which contributed over 50% of the revenue in 2015, is predicted to boost the overall industry growth in the future subject to rising energy requirement and the huge presence of key smartphone manufacturers in the region. LATAM vacuum coating equipment industry is forecast to observe a massive surge over the coming seven years, driven by escalating equipment demand for metallizing chip carriers and microelectronic circuits.
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Vacuum Coating Equipment Market is expected to be favorably influenced by the rapid growth of the consumer electronics, power generation, automotive, and aviation sectors. The ability of vacuum coating equipment to provide an aesthetic appearance, durability, and scratch-resistance will stimulate its demand from the consumer electronics sector, which is predicted to register significant gains of 4% during the period from 2016 to 2024. The rapid growth of this market will impel vacuum coating equipment industry over the years to come.
This product is also used for PV cells coatings as it helps absorb sun rays effectively, thereby stimulating vacuum coating equipment market share from solar energy sector. According to Global Market Insights, Inc., “Vacuum Coating Equipment Industry revenue, which was estimated at USD 23 billion in 2015, is predicted to hit USD 47 billion by 2024.” With immense demand for vacuum coating technology such as PVD coatings across various sectors like microelectronics, cutting tools, solar, storage, medical equipment, etc., the industry is bound to witness a high surge over the years ahead.
The rapid development of the electronics and automotive sectors is a major factor propelling the growth of global vacuum coating equipment market. Vacuum coatings offer the benefits of scratch resistance, surface perfection, uniformity, durability, and aesthetic appearance, subject to which they find applications across numerous sectors. Moreover, they overcome the disadvantages of chromium plating, which will further impel vacuum coating equipment industry.
Browse key industry insights spread across 190 pages with 169 market data tables & 15 figures & charts from the report, “Vacuum Coating Equipment Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/vacuum-coating-equipment-market
Worldwide consumer electronics industry is slated to register a CAGR of 4% between 2016-2024. This sector is witnessing an increase in the adoption of integrated circuits for the production of high-end connected vehicles and industrial automation. The increasing PVD usage across the global electronics sector will propel vacuum coating equipment market from the microelectronics applications.
The key companies operating in vacuum coating equipment market include ULVAC Inc., Miba Coating Group, Semicore Equipment, Inc., Singulus Technologies, AJA International, OC Oerlikon, CVD Equipment Corporation, BCI Blösch Group, Buhler AG, Scientific Vacuum Systems Ltd., T-M Vacuum Products Inc., Kolzer SRL, PVD Products Inc., IHI Corporation AG, and Applied Materials Inc.
Major Key Points from Table of Content:
Chapter 3. Vacuum Coating Equipment Market Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Technology & innovation landscape
3.5. Industry impact forces
3.5.1. Growth drivers
188.8.131.52. Need to comply with engine emission norms
184.108.40.206. Advantages of decorative PVD coatings over electroplating in consumer goods industry
3.5.2. Industry pitfalls & challenges
220.127.116.11. Operational snags and drawbacks
3.6. Growth potential analysis
3.7. Regulatory trends
3.8. Porter’s analysis
3.9. Company market share analysis, 2015
3.9.1. Strategy dashboard
3.10. PESTEL analysis
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.2. Raw material trends
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