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Physical vapor deposition is a collective term for processes that are used for the deposition of lean sheets of material. The range of thickness differs from some nanometres to micrometres. The technique is considered being an eco-friendly method used for material deposition. Physical vapor deposition technique has wide number of applications including optical and conductive coatings, surface modifications, battery and fuel cell electrodes, diffusion barriers, fabrication of microelectronic devices and interconnects. The coatings used in PVD technology are of oxides, nitrides, carbides, metals and ceramics. Several technologies are used to deposit the film on the material like cathodic arc deposition, electron beam deposition, laser deposition and sputter deposition. These technologies are used in numerous industries like energy, cutting tools industry and microelectronics.The physical vapor deposition market was valued at USD 17 billion in 2017.
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The global Physical vapor deposition industry has been witnessing an exponential rise in the growth over the past few years. The vapor deposition market growth is mainly being driven by the strict laws and regulations imposed by the governments in order to restrict the deployment of Cr6 due to the environmental impacts caused by these coatings. Furthermore, the rising urbanization is causing change in lifestyle and the led to increase in disposable income in developing economies. This change in lifestyle has escalated the use of numerous electronic devices which in turn is bolstering the growth of the Physical vapor deposition industry. In addition to that, the rising demand for equipment and tools, electronic devices, portable home appliances and medical equipment and devices is also providing momentum to the growth of the industry.
The medical sector has evolved to be a promising end-user in vapor deposition industry as it is rapidly adopting latest and advanced technologies for defeating the ever-growing number of diseases as well as complex disorders which in turn is providing numerous growth opportunities for the players in the industry. Furthermore, the demand for lightweight materials in automotive sector attributed by the need to cut down fuel consumption and CO2 emissions has increased significantly. As a result of which, the demand for magnesium, carbon-reinforced plastic materials and aluminum has been bolstered. However, these materials have an affinity to bond to the cutting tool which results into reducing the lifespan. To overcome these challenges, the industry players in automotive sector prefer low coefficient of friction coating materials such as vapor deposition, which has offered lucrative growth opportunities in the PVD industry. However, the growth of the PVD industry is anticipated to be restrained by the high costs involved in the implementation of VD Technology.
Major players in the global physical vapor deposition market are Platit AG, Oerlikon Balzers Hartec GmbH, Veeco Instruments Inc., Applied Materials, Inc., AEG Power Solutions, Semicore Equipment, Inc., Impact Coatings, Sulzer Metplas, IHI Corporation and Others.
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Segment overview of global physical vapor deposition market
Application Overview, 2015-2025 (USD million)
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 (USD million)
North America
U.S.
Canada
Europe
France
Germany
Spain
Rest of Europe
Asia Pacific
India
Japan
China
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Qatar
Rest of Middle East and Africa
Some Major Points from Table of Contents:
Chapter 7. Company Profiles
7.1. Platit AG
7.1.1. Company overview
7.1.2. Product portfolio
7.1.3. Key developments
7.1.4. Financial performance
7.2. Oerlikon Balzers Hartec GmbH
7.2.1. Company overview
7.2.2. Product portfolio
7.2.3. Key developments
7.2.4. Financial performance
7.3. Veeco Instruments Inc.
7.3.1. Product portfolio
7.3.2. Key developments
7.3.3. Financial performance
7.4. Applied Materials, Inc.
7.4.1. Company overview
7.4.2. Product portfolio
7.4.3. Key developments
7.4.4. Financial performance
7.5. AEG Power Solutions
7.5.1. Company overview
7.5.2. Product portfolio
7.5.3. Key developments
7.5.4. Financial performance
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