Physical Vapor Deposition Market- By Process (Thermal Evaporation, Sputter Deposition, Arc Vapor Deposition, Ion Implantation, Others), By Material Type (Metals, Ceramics, Plastic, Glass, Others), By... ... Glass, Others), By End User (Automotive, Aerospace & Defense, Medical, Electronics, Others), and others Read more
- Energy
- Jan 2024
- 201
- PDF, Excel, PPT
Market Definition
Physical Vapor Deposition (PVD) is a coating process used in various industries to deposit thin films of materials onto solid objects. It is a vacuum-based deposition technique that involves the transformation of solid material into vapor and then condensing it onto a substrate to form a thin film. PVD is used for a wide range of applications in automotive, aerospace, healthcare, etc., due to its ability to provide durable, high-quality coatings with unique properties.
Market Insights & Analysis: Global Physical Vapor Deposition Market (2024-30):
The Global Physical Vapor Deposition Market size was valued at around USD 25.11 billion in 2023 & is estimated to grow at a CAGR of around 5.25% during the forecast period, i.e., 2024-30. The growing emphasis on enhancing the durability and performance of products has led to increased adoption of Physical Vapor Deposition (PVD) coatings across various industries. Manufacturers of various end-user industries seek to improve the wear resistance, corrosion resistance, and overall lifespan of their products, which PVD coatings can achieve effectively.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 5.25% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, Australia, Rest of Asia-Pacific | |
| South America: Brazil, Argentina, Rest of South America | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA | |
| Key Companies Profiled | Oerlikon Group, Angstrom Engineering Inc., Kurt J. Lesker Company, NISSIN ELECTRIC Co. Ltd., IHI Corporation, HEF Groupe, Lafer S.p.A., Inorcoat, KOLZER SRL, Denton Vacuum, Intevac Inc., Advanced Coating Service, Voestalpine AG, Kobe Steel Ltd., Impact Coatings AB, Tanury, Vergason Technology Inc., Richter Precision Inc., PVD Products Inc., Linde, Surface Modification Technologies, ASSAB Steels Singapore (Pte) Ltd., Mustang Vacuum Systems, Thermalytica, Sutton Tools, and others |
| Market Value (2023) | USD 25.11 Billion |
Moreover, PVD coatings offer environmental advantages compared to traditional plating processes, as they are typically produced without the use of hazardous chemicals or heavy metals. This aligns with the global push for sustainable and eco-friendly manufacturing practices, prompting industries to opt for PVD as a more environmentally responsible solution.
In the electronics sector, the demand for smaller, more powerful, and energy-efficient devices has fueled the need for advanced coatings to protect delicate components. PVD's ability to provide precise, thin-film coatings on semiconductor materials has become indispensable in the production of cutting-edge electronics. Additionally, PVD finds applications in decorative and architectural coatings, where it enhances the aesthetic appeal of products and structures. Its ability to create vibrant, durable, and low-maintenance finishes has made it a popular choice in industries ranging from automotive to fashion. As these end-user industries are continuously expanding globally, to meet allied industry demand, the requirement for PVD will continue to boost in the forthcoming years as well.
Global Physical Vapor Deposition Market Driver:
Growing demand for PVD in the Automotive Industry – The automotive industry is experiencing a surge in PVD demand, driven by innovations in electric vehicles (EVs) and autonomous driving. PVD coatings play a critical role in enhancing the durability and performance of components in EVs, such as battery cells, electrical connectors, and sensors. PVD coatings are used to enhance the wear and corrosion resistance of these lightweight alloys, contributing to fuel efficiency gains. Additionally, PVD-coated parts in the automotive sector reduce friction, improving engine efficiency and overall performance.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Physical Vapor Deposition Value Chain Analysis
- Global Physical Vapor Deposition Market Trends & Insights
- Global Physical Vapor Deposition Market Dynamics
- Growth Drivers
- Challenges
- Global Physical Vapor Deposition Market Policies, Regulations & Service Standards
- Global Physical Vapor Deposition Market Hotspot & Opportunities
- Global Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process
- Thermal Evaporation- Market Size & Forecast 2019-2030, USD Million
- Sputter Deposition- Market Size & Forecast 2019-2030, USD Million
- Arc Vapor Deposition- Market Size & Forecast 2019-2030, USD Million
- Ion Implantation- Market Size & Forecast 2019-2030, USD Million
- Others (Electron-beam Vapor Deposition, etc.) - Market Size & Forecast 2019-2030, USD Million
- By Material Type
- Metals- Market Size & Forecast 2019-2030, USD Million
- Ceramics- Market Size & Forecast 2019-2030, USD Million
- Plastic- Market Size & Forecast 2019-2030, USD Million
- Glass- Market Size & Forecast 2019-2030, USD Million
- Others (Optical Components, etc.) - Market Size & Forecast 2019-2030, USD Million
- By End User
- Automotive- Market Size & Forecast 2019-2030, USD Million
- Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million
- Medical- Market Size & Forecast 2019-2030, USD Million
- Electronics- Market Size & Forecast 2019-2030, USD Million
- Others (Packaging, etc.)- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- By Company
- Competition Characteristics
- Market Share & Analysis
- By Process
- Market Size & Analysis
- North America Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By Material Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The US
- Canada
- Mexico
- The US Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Canada Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Mexico Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By Material Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Argentina Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By Material Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Germany
- The UK
- Italy
- France
- Rest of Europe
- Germany Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UK Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Italy Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- France Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By Material Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- The UAE Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Saudi Arabia Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Africa Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By Material Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- China Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- India Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Japan Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Australia Physical Vapor Deposition Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Process- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Physical Vapor Deposition Market Strategic Imperatives for Success & Growth
- Competitive Outlook
- Company Profiles
- Oerlikon Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Angstrom Engineering Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Kurt J. Lesker Company
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- NISSIN ELECTRIC Co. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- IHI Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- HEF Groupe
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Lafer S.p.A.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Inorcoat
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- KOLZER SRL
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Denton Vacuum
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Intevac Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Advanced Coating Service
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Voestalpine AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Kobe Steel Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Impact Coatings AB
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Tanury
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Vergason Technology Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Richter Precision Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- PVD Products Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Linde
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Surface Modification Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- ASSAB Steels Singapore (Pte) Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Mustang Vacuum Systems
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Thermalytica
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Sutton Tools
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financia Details
- Others
- Others
- Oerlikon Group
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making