Physical Vapor Deposition Market To Reach US$21,898.8 mn by 2024

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Research
Physical Vapor Deposition Market - Global Industry Analysis,
Size, Share, Forecast 2016 – 2024
Published Date
03-Oct-2016
145 Page Report
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Press Release
Physical Vapor Deposition Market: Knowledge Regarding Benefits
over Conventional Coating Methods to Fuel Demand : TMR
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Physical Vapor Deposition Market
REPORT DESCRIPTION
Physical Vapor Deposition Market (Type - PVD Equipment, PVD
Materials, and PVD Services; Applications - Microelectronics,
Storage, Solar, Medical Equipment, and Cutting Tools) - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024
The global physical vapor deposition (PVD) market is currently led by manufacturers such as IHI
Ionbond AG and Oerlikon Balzers (Oerlikon Group). Together these companies account for the
dominant market share in the market, clearly due to the superfluous coasts of PVD devices. As the
patent protected nature of the PVD technology has restricted the scope for entry of new players, the
existing ones enjoy stronghold in determining the price points. A majority of these companies are
domiciled in North America, Europe, and Asia Pacific, finds Transparency Market Research (TMR) in
a new study. As a result, only strategic collaborations with PVD companies across these regions can
help new vendors establish their foothold in the global physical vapor deposition market.
As per TMR, the global PVD market, which in 2015 stood at US$13.6 bn is expected to reach
US$21.8 bn by the end of 2024. If the figures hold true, the global physical vapor deposition market
will exhibit a CAGR of 5.5% between 2016 and 2024. Among the key segments, PVD equipment
emerged dominant with a share of 57% in the market in 2015. Through the forecast period, the
segment is poised to exhibit a positive trajectory. Regionally, the overall market was led by Asia
Pacific with a share of 40% in 2015. In the forthcoming years as well, the region is projected to
maintain its dominance.
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Demand for PVD Technology to Rise as People Become Aware of its Diverse Applications
The global physical vapor deposition market is chiefly gaining from the rising awareness regarding
the benefits of the technology over conventional coating methods. In the PVD technology several
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high-strength solid materials such as aluminum, chromium, and titanium are used, which ensure
better strength, durability, and high corrosion resistance of PVD coatings. Moreover, no residue is
formed during the application method of PVD coatings, which is a key factor fuelling their demand in
the global market.
In addition, PVD coatings ensure uniform and controllable deposits contrary to the uncontrollable
deposits formed during electroplating. It is due to the environment-friendly characteristics of PVD,
such as it generates no or very less toxic wastes, which mitigates the need of waste management,
that the demand for physical vapor deposition is expected to rise in the coming years. Furthermore,
the increasing use of the PVD technology in the production of low-e glass is also projected to give the
global PVD market a significant impetus in the forthcoming years.
Market being Patent-protected Restricts Entry of New Players
A majority of the key elements of the PVD industry, such as PVD chambers, coating materials, PVD
targets, and process kits are protected by patents, the right to which belong to key market players.
The patented nature of PVDs not only restricted the entry of new players but also limited the scope of
expansion for smaller companies. Furthermore, the PVD technology requires high initial investment,
for end users to customize it based on specific applications. These factors have a negative impact on
the overall physical vapor deposition market.
Furthermore, differentiating manufacturing processes and innovating new products will require high
investment. Sustenance become a big challenge in this scenario thus hampering the global PVD
market to an extent.
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The high level of thermal and acoustic insulation provided by ceiling tiles make them useful for lowcost construction projects. High recyclability quotient of several metal- and mineral-based ceiling tiles
are making their use compelling for environmentally sustainable construction projects, persuading
government bodies to ramp up efforts to raise awareness regarding their increased use.
Threat of Easily Available Substitutes to Hinder Uptake of Ceiling Tiles
The global ceiling tiles market is expected to witness stiff competition from easily available and
relatively economical substitutes to ceiling tiles, such as mortar and asphalt. Additionally, the market
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Physical Vapor Deposition Market
is also expected to bear the brunt of fluctuating raw material prices, which have a severe impact on
the overall final cost of cleaning tiles.
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TABLE OF CONTENT
1. Global Physical Vapor Deposition Market - Executive Summary
2. Research Methodology
3. Assumptions and Acronyms Used
4. Global Physical Vapor Deposition Market Overview
4.1. Introduction
4.1.1. Global Physical Vapor Deposition Market Definition
4.1.2. Global Physical Vapor Deposition Market Taxonomy
5. Global Physical Vapor Deposition Market Dynamics
5.1. Drivers
5.2. Restraints
5.3. Opportunities
5.4. Trends
5.5. Five Forces Analysis
5.6. Comparison Between Various Coating Technologies
5.7. Global Physical Vapor Deposition Market- Supply Chain Analysis
5.8. Global Physical Deposition Market- Old Report Vs. Revamped Report
5.9. Global Physical Vapor Deposition Market Snapshot
5.9.1. Global Physical Vapor Deposition Market Share By Industry
5.9.2. Global Physical Vapor Deposition Market Share By Application
5.9.3. Global Physical Vapor Deposition Market Share By Region
5.10. Global Physical Vapor Deposition Market Forecast, 2015–2024
5.11. Global Physical Vapor Deposition Market Scenario Forecast, 2016–2024
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6. Global Physical Vapor Deposition Market Analysis and Forecast By Industry
6.1. Introduction
6.2. Physical Vapor Deposition Market Analysis, By Industry
6.2.1. Market Share and BPS Analysis, By Industry
6.2.2. Y-o-Y growth comparison, By Industry
6.2.3. Market Attractiveness Analysis, By Industry
6.3. Market Size Forecast By Industry
6.3.1. PVD
6.3.2. PVD Equipment
6.3.3. PVD Services
6.4. Prominent Trends, By Industry
7. Global Physical Vapor Deposition Market Analysis By Application
7.1. Introduction
7.2. Physical Vapor Deposition Market Analysis, By Application
7.2.1. Market Share and BPS Analysis, By Application
7.2.2. Y-o-Y growth comparison, By Application
7.2.3. Market Attractiveness Analysis, By Application
7.3. Market Size
7.3.1. Microelectronics
7.3.2. Data Storage Devices
7.3.3. Solar
7.3.4. Medical Equipment
7.3.5. Cutting Tools
7.3.6. Architectural Glass
7.3.7. Others(Optics, Flexible Packaging)
7.4. Prominent Trends, By Application
8. Global Physical Vapor Deposition Market Analysis, By Region
8.1. Introduction
8.1.1. Y-o-Y Growth Projections, By Region
8.1.2. Basis Point Share (BPS) Analysis, By Region
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8.1.3. Regional Attractiveness Analysis, By Region
8.2. Market Size
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe
8.2.4. Asia Pacific (APAC)
8.2.5. Middle East & Africa (MEA)
9. North America Global Physical Vapor Deposition Market Analysis
9.1. Introduction
9.2. North America PVD Market Analysis, By Country
9.2.1. Y-o-Y Growth Projections, By Country
9.2.2. Basis Point Share (BPS) Analysis, By Country
9.3. Market Size
9.3.1. U.S.
9.3.2. Canada
9.4. PVD Market Analysis, By Industry
9.4.1. Y-o-Y Growth Projections, By Industry
9.4.2. Basis Point Share (BPS) Analysis, By Industry
9.5. Market Size
9.5.1. PVD Materials
9.5.2. PVD Equipment
9.5.3. PVD Equipment
9.6. PVD Market Analysis, By Application
9.6.1. Y-o-Y Growth Projections, By Application
9.6.2. Basis Point Share (BPS) Analysis, By Application
9.6.3. Market Attractiveness Analysis, By Application
9.7. Market Size
9.7.1. Microelectronics
9.7.2. Data Storage Devices
9.7.3. Solar
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9.7.4. Medical Equipment
9.7.5. Cutting Tools
9.7.6. Architectural Glass
9.7.7. Others(Optics, Flexible Packaging)
9.8. Drivers & Restraints: Impact Analysis
9.9. Prominence of Trends
10. Latin America Global Physical Vapor Deposition Market Analysis
10.1. Latin America PVD Market Analysis, By Country
10.1.1. Y-o-Y Growth Projections, By Country
10.1.2. Basis Point Share (BPS) Analysis, By Country
10.2. Latin America Global Physical Vapor Deposition Market Forecast
10.2.1. Market Volume and Value Forecast By Country
14.2.2. IHI Corporation
10.2.1.1. Mexico
10.2.1.2. Brazil
10.2.1.3. Rest of LATAM
10.3. PVD Market Analysis, By Industry
10.3.1. Y-o-Y Growth Projections, By Industry
10.3.2. Basis Point Share (BPS) Analysis, By Industry
10.4. Market Size
10.4.1. PVD Materials
10.4.2. PVD Equipment
10.4.3. PVD Equipment
10.5. PVD Market Analysis, By Application
10.5.1. Y-o-Y Growth Projections, By Application
10.5.2. Basis Point Share (BPS) Analysis, By Application
10.5.3. Market Attractiveness Analysis, By Application
10.6. Market Size
10.6.1. Microelectronics
10.6.2. Data Storage Devices
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10.6.3. Solar
10.6.4. Medical Equipment
10.6.5. Cutting Tools
10.6.6. Architectural Glass
10.6.7. Others (Optics, Flexible Packaging)
10.7. Drivers & Restraints: Impact Analysis
10.8. Prominence of Trends
11. Europe Global Physical Vapor Deposition Market Analysis
11.1. Introduction
11.1.1. Y-o-Y Growth Projections, By Country
11.1.2. Basis Point Share (BPS) Analysis, By Country
11.1.3. Key Trends
11.2. Europe Global Physical Vapor Deposition Market Forecast
11.2.1. Market Volume and Value Forecast By Country
11.2.1.1. Germany
11.2.1.2. France
11.2.1.3. U.K.
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Nordic
11.2.1.7. Russia
11.2.1.8. Poland
11.2.1.9. BENELUX
11.2.1.10. Rest of Europe
11.3. PVD Market Analysis, By Industry
11.3.1. Y-o-Y Growth Projections, By Industry
11.3.2. Basis Point Share (BPS) Analysis, By Industry
11.4. Market Size
11.4.1. PVD Materials
11.4.3. PVD Equipment
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11.5. PVD Market Analysis, By Application
11.5.1. Y-o-Y Growth Projections, By Application
11.5.2. Basis Point Share (BPS) Analysis, By Application
11.5.3. Market Attractiveness Analysis, By Application
11.6. Market Size
11.6.1. Microelectronics
11.6.2. Data Storage Devices
11.6.3. Solar
11.6.4. Medical Equipment
11.6.5. Cutting Tools
11.6.6. Architectural Glass
11.6.7. Others(Optics, Flexible Packaging)
11.7. Drivers & Restraints: Impact Analysis
11.8. Prominence of Trends
12. APAC Global Physical Vapor Deposition Market Analysis
12.1. Introduction
12.1.1. Y-o-Y Growth Projections, By Country
12.1.2. Basis Point Share (BPS) Analysis, By Country
12.1.3. Key Trends
12.2. APAC Global Physical Vapor Deposition Market Forecast
12.2.1. Market Volume and Value Forecast By Country
12.2.1.1. China
12.2.1.2. India
12.2.1.3. Japan
12.2.1.4. ASEAN
12.2.1.5. Australia & New Zealand
12.2.1.6. Rest of APAC
12.3. PVD Market Analysis, By Industry
12.3.1. Y-o-Y Growth Projections, By Industry
12.3.2. Basis Point Share (BPS) Analysis, By Industry
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12.4. Market Size
12.4.1. PVD Materials
12.4.2. PVD Equipment
12.4.3. PVD Equipment
12.5. PVD Market Analysis, By Application
12.5.1. Y-o-Y Growth Projections, By Application
12.5.2. Basis Point Share (BPS) Analysis, By Application
12.5.3. Market Attractiveness Analysis, By Application
12.6. Market Size
12.6.1. Microelectronics
12.6.2. Data Storage Devices
12.6.3. Solar
12.6.4. Medical Equipment
12.6.5. Cutting Tools
12.6.6. Architectural Glass
12.6.7. Others(Optics, Flexible Packaging)
12.7. Drivers & Restraints: Impact Analysis
12.8. Prominence of Trends
13. Middle East & Africa Global Physical Vapor Deposition Market Analysis
13.1. Introduction
13.1.1. Y-o-Y Growth Projections, By Country
13.1.2. Basis Point Share (BPS) Analysis, By Country
13.1.3. Key Trends
13.2. Middle East & Africa Global Physical Vapor Deposition Market Forecast
13.2.1. Market Volume and Value Forecast By Country
13.2.1.1. GCC
13.2.1.2. North Africa
13.2.1.3. South Africa
13.2.1.4. Rest of MEA
13.3. PVD Market Analysis, By Industry
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13.3.1. Y-o-Y Growth Projections, By Industry
13.3.2. Basis Point Share (BPS) Analysis, By Industry
13.4. Market Size
13.4.1. PVD Materials
13.4.2. PVD Equipment
13.4.3. PVD Equipment
13.5. PVD Market Analysis, By Application
13.5.1. Y-o-Y Growth Projections, By Application
13.5.2. Basis Point Share (BPS) Analysis, By Application
13.5.3. Market Attractiveness Analysis, By Application
13.6. Market Size
13.6.1. Microelectronics
13.6.2. Data Storage Devices
13.6.3. Solar
13.6.4. Medical Equipment
13.6.5. Cutting Tools
13.6.6. Architectural Glass
13.6.7. Others(Optics, Flexible Packaging)
13.7. Drivers & Restraints: Impact Analysis
13.8. Prominence of Trends
14. Competitive Landscape
14.1. Competition Dashboard
14.2. Company Profiles: (Revenue, Products/Brand Offerings, Company Highlights)
14.2.1. Oerlikon Balzers (Oerlikon Group)
14.2.1.1 Company Description
14.2.1.2 Segment Overview
14.2.1.3 Key Financials
14.2.2. IHI Corporation
14.2.2.1 Company Description
14.2.2.2 Segment Overview
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14.2.2.3 Key Financials
14.2.3. Silfex Inc. (Lam Research Corp.)
14.2.3.1 Company Description
14.2.3.2 Segment Overview
14.2.3.3 Key Financials
14.2.4. Singulus Technologies AG
14.2.4.1 Company Description
14.2.4.2 Segment Overview
14.2.4.3 Key Financials
14.2.5. Applied Materials, Inc.
14.2.5.1 Company Description
14.2.5.2 Segment Overview
14.2.5.3 Key Financials
14.2.6. ULVAC Inc.
14.2.6.1 Company Description
14.2.6.2 Segment Overview
14.2.6.3 Key Financials
14.2.7. Veeco Instruments Inc.
14.2.7.1 Company Description
14.2.7.2 Segment Overview
14.2.7.3 Key Financials
14.2.8. Buhler AG
14.2.8.1 Company Description
14.2.8.2 Segment Overview
14.2.9. Semicore Equipment, Inc.
14.2.9.1 Company Description
14.2.9.2 Segment Overview
14.2.10. Platit AG
14.2.10.1 Company Description
14.2.10.2 Segment Overview
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As per TMR, the global PVD market, which in 2015 stood at US$13.6 bn is expected to reach US$21.8 bn by the end of 2024. If the figures hold true, the global physical vapor deposition market will exhibit a CAGR of 5.5% between 2016 and 2024.