Market Research Future Published a Half-Cooked Research Report on Vapor Deposition Market Research Report
Vapor Deposition Market Insights
The market is estimated to reach a valuation of USD 63,686.70 Mn by the end of 2023. The increasing application of vapor deposition across different industry verticals has boosted the growth of the global vapor deposition market.
Market Research Future (MRFR) has revealed in its latest study that the Vapor Deposition Market is set to expand at 7.03% CAGR during the forecast period 2017 to 2023.
The growth of the vapor deposition is highly attributable to the surge in demand for medical devices & equipment, stringent environmental regulations against the use of Hexavalent Chromium (Cr6) and increasing consumption of electronic devices. The widening base of applications of vapor deposition in the semiconductors, LED, optics, displays, photovoltaic cells, and decorative coatings are likely to propel revenue generation in the market.
Key Players of Vapor Deposition Market
- Oerlikon Balzers Coating AG
- Applied Materials Inc.
- IHI Ionbond AG
- ASM International N.V
- ULVAC Technologies, Inc.
- JUSUNG ENGINEERING Co.
- Kurt J. Lesker
- LAM RESEARCH CORPORATION
- Plasma-Therm LLC.
- Aurora Scientific Corp
Vapor Deposition Industry Developments
In August 2018, The U.S. based Structured Materials Industries Inc (SMI) optimized a design version of its NanoV CVD research reactor to explore thin films of silicon germanium tin (SiGeSn) materials.
In August 2018, VaporTech, U.S., designed VT-3000i coating system to deposit materials using plasma-enhanced chemical vapor deposition (PE-CVD) or physical vapor deposition (PVD).
Vapor Deposition Market Segments
By process, the Vapor Deposition Market is segmented into Chemical Vapor Deposition (CVD) and Physical Vapor Deposition (PVD). The CVD segment is sub-segmented into low-pressure CVD, atmospheric pressure CVD, metalorganic, and Plasma Enhanced CVD (PECVD). The PVD segment is further sub-segmented into cathodic arc deposition, electronic beam PVD, and sputter deposition.
By application, the global vapor deposition market has been segmented into microelectronics, cutting tool, medical devices & equipment, and decorative coatings among others.
By end-use industry, the vapor deposition market is segmented into electrical & electronics, automotive, aerospace, metal industry, medical, and others.
Vapor Deposition Market Regions
By region, the global vapor deposition market has been segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is poised to exhibit the steepest rise in revenue creation, thriving at 7.39% CAGR. The market in Asia Pacific is estimated to reach a valuation of USD 63,686.7 Mn by 2023.
The factors favoring growth and expansion of the market are favorable government policies, and, rapid industrialization. Furthermore, China is the global leader of vapor deposition market, which complements the growth of Asia Pacific vapor deposition market. North America is anticipated to command the second largest share of the market and value at USD 14,552.4 Mn across the assessment period. Led by the U.S., the region is expected to retain its prominence over the next few years. Europe is projected to remain a significant growth pocket during the review period.
Germany is likely to dominate the region due to massive demand from the automotive industry. The Middle East & Africa, and, Latin America regions are estimated to exhibit a relatively slower growth throughout the projection period.
Full Report Summary of Vapor Deposition Market @ https://www.marketresearchfuture.com/reports/vapor-deposition-market-2928
Table Of Contents
FIGURE 1 GLOBAL VAPOR DEPOSITION MARKET: MARKET STRUCTURE
FIGURE 2 KEY TAKEAWAYS OF THE VAPOR DEPOSITION MARKET
FIGURE 3 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 4 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 5 ASIA-PACIFIC & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 6 LATIN AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 7 MIDDLE EAST & AFRICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 8 VAPOR DEPOSITION MARKET, BY REGION, 2017
FIGURE 9 RESEARCH PROCESS OF MRFR
FIGURE 10 TOP DOWN & BOTTOM UP APPROACH
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