Market Research Logo

Physical Vapor Deposition (PVD) Market Analysis By Category (PVD Equipment, PVD Material, PVD Services) By Application (Microelectronics, Data Storage, Solar Products, Cutting Tools, Medical Equipment) And Segment Forecasts To 2024

Physical Vapor Deposition (PVD) Market Analysis By Category (PVD Equipment, PVD Material, PVD Services) By Application (Microelectronics, Data Storage, Solar Products, Cutting Tools, Medical Equipment) And Segment Forecasts To 2024

The global physical vapor deposition (PVD) market is expected to reach USD 31.63 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for thin film coatings from microelectronics and solar products is expected to drive demand. Moreover, an increasing number of end-use industry players are projected to drive the PVD market over the forecast period. Also, advancement in technology is another driving factor that is likely to boost the global physical vapor deposition market.

The need for highly sophisticated surface related properties such as super plasticity, magnetic, optical, electronic, and catalytic properties by advanced mono-structured coatings is contributing to the growth of the market. PVD is also used for making the coated product more attractive and durable for industrial applications that require high-speed machining, tooling, and magnetic storage devices.

Further key findings from the report suggest:

The market for physical vapor deposition was estimated at USD 14,411.8 million in 2015. Physical vapor deposition (PVD) is a coating mechanism carried out in a vacuum, in the presence of high temperature. Rising efficiency and environmental benefits offered by these coatings coupled with the growth of the manufacturing sector in developing markets of Asia Pacific are expected to augment growth over the forecast period.

The market in microelectronics was estimated at USD 5.45 billion in 2015. These products are used for coating semiconductors; and LEDs to provide the base material with aesthetic properties such as heat resistance, and rigid surface.

Asia Pacific accounted for 45.4% of the global market in 2015 and is expected to witness growth in light of rising government spending on the manufacturing sector. The falling price of renewable-generated electricity is projected to be the key driver for the growth of the market over the next eight years. Moreover, the presence of a large electronic manufacturing sector is expected to bolster growth over the forecast period.

The Middle East & Africa is expected to witness substantial growth at a CAGR of 8.6% from 2016 to 2024.Growing private sector participation in healthcare industry owing to rising health concerns is expected to drive the PVD coating market in this region. The strong presence of key service providing companies due to high demand from applications such as microelectronics and data storage is leading the market growth in MEA.

Key players in the PVD market include Advanced Energy Industries Inc., AJA International Inc., Veeco Instruments, Angstrom Engineering and Applied Materials Inc. These companies focus on R&D for product development to enhance their PVD coatings portfolio.


Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 PVD market - Industry summary and key buying criteria, 2013 - 2024
Chapter 3 Physical Vapor Deposition Category Outlook
3.1 Physical Vapor Deposition Segmentation
3.2 Physical Vapor Deposition Market Size and Growth Prospects, 2013 - 2024
3.3 Physical vapor deposition market - Value chain analysis
3.3.1 Vendor Landscape
3.4 Raw Material Outlook
3.4.1 Titanium Nitride
3.4.2 Chromium Nitride
3.4.3 Titanium Carbo-Nitride (TiCN)
3.4.4 Aluminum Titanium Nitride
3.5 Technology Overview
3.5.1 Evaporative Deposition
3.5.2 Electron beam physical vapor deposition
3.5.3 Sputter Deposition
3.5.4 Cathodic Arc Deposition
3.5.5 Pulsed Laser Deposition
3.6 Physical vapor deposition market - Key opportunities prioritized
3.7 Physical vapor deposition market - Porter’s Analysis
3.8 Physical vapor deposition - Market dynamics
3.8.1 Market driver analysis
3.8.1.1 Sustained growth in semiconductor industry
3.8.1.2 Increasing demand for medical equipment application
3.8.2 Market restraints analysis
3.8.2.1 High capital costs
3.9 Physical vapor deposition market - Competitive landscape
3.10 Physical vapor deposition market - PESTEL Analysis
Chapter 4 Physical Vapor Deposition Market Category Outlook
4.1 Global physical vapor deposition market revenue share, by category, 2015 & 2024
4.1.1 PVD Equipment
4.1.1.1 Physical vapor deposition equipment market, estimates and forecast, 2013 - 2024 (USD Million)
4.1.1.2 Physical vapor deposition equipment market revenue, estimates and forecast, by region, 2013 - 2024 (USD Million)
4.1.2 PVD Materials
4.1.2.1 Physical vapor deposition materials market, estimates and forecast, 2013 - 2024 (USD Million)
4.1.2.2 Physical vapor deposition materials market, estimates and forecast, by region, 2013 - 2024 (USD Million)
4.1.3 PVD Services
4.1.3.1 Physical vapor deposition services market, estimates and forecast, 2013 - 2024 (USD Million)
4.1.3.2 Physical vapor deposition services market revenue, estimates and forecast, by region, 2013 - 2024 (USD Million)
Chapter 5 Physical Vapor Deposition Market Application Outlook
5.1 Global physical vapor deposition market revenue share, by application, 2015 & 2024
5.2 Microelectronics
5.2.1 Physical vapor deposition market in microelectronics, estimates and forecast, 2013 - 2024 (USD Million)
5.2.2 Physical vapor deposition market revenue in microelectronics, estimates and forecast, by region, 2013 - 2024 (USD Million)
5.3 Data Storage
5.3.1 Physical vapor deposition market in data storage, estimates and forecast, 2013 - 2024 (USD Million)
5.3.2 Physical vapor deposition market revenue in data storage, estimates and forecast, by region, 2013 - 2024 (USD Million)
5.4 Solar Products
5.4.1 Physical vapor deposition market in solar products, estimates and forecast, 2013 - 2024 (USD Million)
5.4.2 Physical vapor deposition market revenue in solar products, estimates and forecast, by region, 2013 - 2024 (USD Million)
5.5 Cutting tools
5.5.1 Physical vapor deposition market in cutting tools, estimates and forecast, 2013 - 2024 (USD Million)
5.5.2 Physical vapor deposition market revenue in cutting tools, estimates and forecast, by region, 2013 - 2024 (USD Million)
5.6 Medical Equipment
5.6.1 Physical vapor deposition market in medical equipment, estimates and forecast, 2013 - 2024 (USD Million)
5.6.2 Physical vapor deposition market revenue in medical equipment, estimates and forecast, by region, 2013 - 2024 (USD Million)
5.7 Others
5.7.1 Physical vapor deposition market in others, estimates and forecast, 2013 - 2024 (USD Million)
5.7.2 Physical vapor deposition market revenue in others, estimates and forecast, by region, 2013 - 2024 (USD Million)
Chapter 6 Physical Vapor Deposition Market Regional Outlook
6.1 Global physical vapor deposition market revenue share, by region, 2015 & 2024
6.2 North America
6.2.1 North America physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.2.2 North America physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.2.3 North America physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.2.4 U.S.
6.2.4.1 U.S. physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.2.4.2 U.S. physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.2.4.3 U.S. physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.3 Europe
6.3.1 Europe physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.3.2 Europe physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.3.3 Europe physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.3.4 Germany
6.3.4.1 Germany physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.3.4.2 Germany physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.3.4.3 Germany physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.3.5 UK
6.3.5.1 UK physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.3.5.2 UK physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.3.5.3 UK physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.3.6 France
6.3.6.1 France physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.3.6.2 France physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.3.6.3 France physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.4.2 Asia Pacific physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.4.3 Asia Pacific physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.4.4 China
6.4.4.1 China physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.4.4.2 China physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.4.4.3 China physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.4.5 India
6.4.5.1 India physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.4.5.2 India physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.4.5.3 India physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.4.6 Japan
6.4.6.1 Japan physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.4.6.2 Japan physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.4.6.3 Japan physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.5 Latin America
6.5.1 Latin America physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.5.2 Latin America physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.5.3 Latin America physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.5.4 Brazil
6.5.4.1 Brazil physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.5.4.2 Brazil physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.5.4.3 Brazil physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
6.6 Middle East & Africa
6.6.1 Middle East & Africa physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
6.6.2 Middle East & Africa physical vapor deposition market estimates and forecast, by category, 2013 - 2024 (USD Million)
6.6.3 Middle East & Africa physical vapor deposition market estimates and forecast, by application, 2013 - 2024 (USD Million)
Chapter 7 Competitive Landscape
7.1 Advanced Energy Industries, Inc.
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 AJA International, Inc.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.3 Angstrom Engineering, Inc.
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.4 Applied Materials
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Denton Vacuum
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Oerlikon Balzers
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 Hauzer Techno Coating
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.8 Impact Coatings AB
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Johnsen Ultravac
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.10 Kurt J. Lesker Co
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.11 Novellus Systems
7.11.1 Company Overview
7.11.2 Financial Performance
7.11.3 Product Benchmarking
7.12 Plasma Quest
7.12.1 Company Overview
7.12.2 Financial Performance
7.12.3 Product Benchmarking
7.13 Platit AG
7.13.1 Company Overview
7.13.2 Financial Performance
7.13.3 Product Benchmarking
7.14 Richter Precision, Inc.
7.14.1 Company Overview
7.14.2 Financial Performance
7.14.3 Product Benchmarking
7.15 Sulzer Metaplas
7.15.1 Company Overview
7.15.2 Financial Performance
7.15.3 Product Benchmarking
7.15.4 Strategic Initiatives
7.16 Tokyo Electron
7.16.1 Company Overview
7.16.2 Financial Performance
7.16.3 Product Benchmarking
7.16.4 Strategic Initiatives
7.17 Veeco Instruments
7.17.1 Company Overview
7.17.2 Financial Performance
7.17.3 Product Benchmarking
7.17.4 Strategic initiatives
7.18 CHA Industries
7.18.1 Company Overview
7.18.2 Financial Performance
7.18.3 Product Benchmarking
7.19 Intevac, Inc.
7.19.1 Company Overview
7.19.2 Financial Performance
7.19.3 Product Benchmarking
7.19.4 Strategic Initiatives
7.20 KDF Electronic & Vacuum Services, Inc.
7.20.1 Company Overview
7.20.2 Financial Performance
7.20.3 Product Benchmarking
7.21 Penta Technology (Suzhou) Co. Ltd.
7.21.1 Company Overview
7.21.2 Financial Performance
7.21.3 Product Benchmarking
7.22 Semicore Equipment, Inc.
7.22.1 Company Overview
7.22.2 Financial Performance
7.22.3 Product Benchmarking
7.22.4 Strategic Initiatives
7.23 Singulus Technologies AG
7.23.1 Company Overview
7.23.2 Financial Performance
7.23.3 Product Benchmarking
7.23.4 Strategic Initiatives
7.24 ULVAC, Inc.
7.24.1 Company Overview
7.24.2 Financial Performance
7.24.3 Product Benchmarking
7.24.4 Strategic Initiatives
7.25 PVD Products, Inc.
7.25.1 Company Overview
7.25.2 Financial Performance
7.25.3 Product Benchmarking
List of Tables
TABLE 1 Physical vapor deposition Market - Industry Summary and Key Buying Criteria, 2013 - 2024
TABLE 2 Global physical vapor deposition markets, 2013-2024(USD Million)
TABLE 3 Global physical vapor deposition markets, by category, 2013 - 2024, (USD Million)
TABLE 4 Global physical vapor deposition markets, by application, 2013 - 2024, (USD Million)
TABLE 5 Global Physical vapor deposition markets, by region, 2013 - 2024, (USD Million)
TABLE 6 Vendor landscape
TABLE 7 Physical vapor deposition market - Key market driver analysis
TABLE 8 Physical vapor deposition market - Key market restraint analysis
TABLE 9 Physical vapor deposition equipment market, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 10 Physical vapor deposition equipment market revenue, by region, 2013 - 2024 (USD Million)
TABLE 11 Physical vapor deposition materials market, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 12 Physical vapor deposition materials market, by region, 2013 - 2024 (USD Million)
TABLE 13 Physical vapor deposition services market, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 14 Physical vapor deposition services market revenue, by region, 2013 - 2024 (USD Million)
TABLE 15 Physical vapor deposition market in microelectronics, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 16 Physical vapor deposition market revenue in microelectronics, by region, 2013 - 2024 (USD Million)
TABLE 17 Physical vapor deposition market in data storage, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 18 Physical vapor deposition market revenue in data storage, by region, 2013 - 2024 (USD Million)
TABLE 19 Physical vapor deposition market in solar products, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 20 Physical vapor deposition market revenue in solar products, by region, 2013 - 2024 (USD Million)
TABLE 21 Physical vapor deposition market in cutting tools, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 22 Physical vapor deposition market revenue in cutting tools, by region, 2013 - 2024 (USD Million)
TABLE 23 Physical vapor deposition market in medical equipment, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 24 Physical vapor deposition market revenue in medical equipment, by region, 2013 - 2024 (USD Million)
TABLE 25 Physical vapor deposition market in others, estimates and forecast, 2013 - 2024 (USD Million)
TABLE 26 Physical vapor deposition market revenue in others, by region, 2013 - 2024 (USD Million)
TABLE 27 North America physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 28 North America physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 29 North America physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 30 U.S. physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 31 U.S. physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 32 U.S. physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 33 Europe physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 34 Europe physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 35 Europe physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 36 Germany physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 37 Germany physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 38 Germany physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 39 UK physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 40 UK physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 41 UK physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 42 France physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 43 France physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 44 France physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 45 Asia Pacific physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 46 Asia Pacific physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 47 Asia Pacific physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 48 China physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 49 China physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 50 China physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 51 India physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 52 India physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 53 India physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 54 Japan physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 55 Japan physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 56 Japan physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 57 Latin America physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 58 Latin America physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 59 Latin America physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 60 Brazil physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 61 Brazil physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 62 Brazil physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
TABLE 63 Middle East & Africa physical vapor deposition market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 64 Middle East & Africa physical vapor deposition market estimates, by category, 2013 - 2024 (USD Million)
TABLE 65 Middle East & Africa physical vapor deposition market revenue, by application, 2013 - 2024 (USD Million)
List of Figures
FIG. 1 Physical vapor deposition segmentation
FIG. 2 Global physical vapor deposition market revenue, 2013 - 2024 (USD Million)
FIG. 3 Physical vapor deposition market - Value chain analysis
FIG. 4 Physical vapor deposition - Market dynamics
FIG. 5 Global semiconductor sales, USD Billion (2005 - 2017)
FIG. 6 Global sales of medical equipment (2010 - 2020)
FIG. 7 Physical vapor deposition market - Key opportunities prioritized
FIG. 8 Physical vapor deposition market - Porter's analysis
FIG. 9 Physical vapor deposition market - Key opportunities prioritized
FIG. 10 Global physical vapor deposition market revenue share by category, 2015 & 2024
FIG. 11 Global physical vapor deposition market revenue share by application, 2015 & 2024
FIG. 12 Global physical vapor deposition market revenue share by region, 2015 & 2024

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report