Global Physical Vapor Deposition Market Report By Product (Thermal Evaporation, Sputter Deposition, Arc Vapor Deposition), By Application (Semiconductor & Electronics, Solar Products, Cutting Tools, Medical Equipment, Other) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

As per this study, the Global Physical Vapor Deposition Market was valued USD 3.8 BN (by revenue) in 2022 and is anticipated to reach USD 7.3 BN by 2030 with a CAGR of 8.5%.

Physical vapor deposition (PVD) is a vacuum coating process which can be used to produce thin films and coatings. In this process, the surface of various products such as microelectronics, solar products, cutting tools, medical equipment, and others are coated with materials to form a thin protective film. PVD is used for making the coated products more attractive and durable for industrial applications that require high-speed machining, tooling, and magnetic storage devices.
 
Market Dynamics
 
The increasing demand from consumer electronics where PVD technology is used for coating surface of the device is stimulating the market growth. Moreover, increasing usage of thin film coatings in microelectronics and solar products is further pushing the market growth. On the flip side, high capital costs for PVD technology hinder market growth. Whereas, the rising number of end–use industry participants are expected to boost the market demand over the forecast period.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of physical vapor deposition.
 
Market Segmentation
 
The broad physical vapor deposition market has been sub-grouped into category, and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 

By Product

• Thermal Evaporation
• Sputter Deposition
• Arc Vapor Deposition

By Application

• Semiconductor & Electronics
• Solar Products
• Cutting Tools
• Medical Equipment
• Other

Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for physical vapor deposition in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Physical Vapor Deposition Market Share by Region (Representative Graph)


 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the physical vapor deposition market include Oerlikon Group, Angstrom Engineering Inc., Kurt J. Lesker Company, Voestalpine AG, Nissin Electric Co., Ltd., IHI Corporation, HEF Groupe, Kobe Steel Ltd., Lafer S.p.A., Inorcoat, KOLZER SRL, Advanced Coating Service, Impact Coatings AB, Denton Vacuum, and Intevac, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.