Global Vapor Deposition Market Information-by Processes (Physical Vapor Deposition and Chemical Vapor Deposition), by Application (Microelectronics, Electrical Energy Storage, Solar, Cutting Tools, Medical Equipment, Coating, and Others), by End User (Automotive, Aerospace, Pharmaceutical, Metal Industry, and Others) and by Region - Forecast till 2023
Pune, India -- (SBWIRE) -- 04/17/2018 -- Synopsis of Vapor Deposition Market
The Global Chemical Vapor Deposition Market is expected to witness a significant growth of USD ~ 32.93 billion by 2023 with CAGR of ~7.12% and The Global Physical Vapor Deposition Market is expected to witness a significant growth of USD ~ 30.94 billion by 2023 with CAGR of ~6.2% between 2016 and 2023.
Vapor deposition states to any process in which materials in a vapor state are condensed through chemical reaction, condensation, or conversion to form a solid material. These processes are used to form coatings to alter the electrical, thermal, mechanical, corrosion resistance, optical, and to garb features of the substrates. There are two categories of vapor deposition processes: Physical vapor deposition (PVD) and Chemical vapor deposition (CVD). In PVD processes, the work-piece is subjected to plasma bombardment. In CVD processes, thermal energy heats the gases in the coating chamber and drives the deposition reaction.
Vapor deposition has found in various applications such as microelectronics, electrical energy storage, solar, cutting tools, medical equipment, coating and others. The market is expected to continue growing at a healthy rate in the next five years, mainly driven by a growth in the end-user industries such as microelectronics and industrial & energy applications in the Asia-Pacific.
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Asia Pacific is the largest market of vapor deposition due to demand in various applications such as microelectronics and industrial & energy in China region followed by Japan. Increasing demand for microelectronics, electrical energy storage, solar and cutting tools, in the India, Taiwan, and South Korea has made Asia Pacific largest consumer of the Global Vapor Deposition Market followed by increasing in the consumption of Vapor Deposition Market in North America region. The third largest market of vapor deposition is Europe. Latin America and Middle East also witnessed in growth of Vapor Deposition Market due to various application such as microelectronics, electrical energy storage, solar, cutting tools, medical equipment, coating and others.
Aurora Scientific Corp (UK)
IHI Hauzer Techno Coating BV (Europe)
ULVAC Technologies (Japan)
Oerlikon Balzers Coating AG (Europe)
Semicore Equipment, Inc (US)
Plasma-Therm, LLC (US)
Aixtron SE (Germany)
Tokyo Electron Limited (Japan)
Lam Research Corporation (US)
CHA Industries, Inc. (UK)
The Global Vapor Deposition Market is majorly segmented on the basis of process, application, end users and region. Based on process market is segmented into physical vapor deposition (PVD) and chemical vapor deposition (CVD). Based on application of Vapor Deposition the market is segmented into microelectronics, electrical energy storage, solar, cutting tools, medical equipment, coating, and others (free-standing bodies, films, and fibers). Based on end user the market segmented into automotive, aerospace, pharmaceutical, metal industry, and others(electronics, optical, and military), and based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
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