PVD Services Present the Most Value-Generating Opportunities with an Impressive 7.5% CAGR Over the Next 10 Years
PVD Services Present the Most Value-Generating Opportunities with an Impressive 7.5% CAGR Over the Next 10 Years
Published by top news
Posted on August 2, 2021
Tech-driven advancements in medical equipment has led to the incorporation of physical vapor deposition of high-performance coatings on medical devices. The ability of physical vapor deposition to maintain internal biomedical structures while enhancing surface protection is set to act as a growth factor.
The global demand for physical vapor deposition will expand by 1.8X during the forecast period (2020 – 2030). Data storage components employ physical vapor deposition to increase product reliability. When grouped with advancements in material science and coating technology for large scale use-cases, these favorable trends will continue to propel the physical vapor deposition market.
“Upsurge in drilling, end-milling, grooving, and threading activities across the globe is accelerating demand for tough cutting edge tools. Market players are leveraging this opportunity through frictionless procurement of physical vapor deposition services and equipment.”-Says the Fact.MR Analyst
Key Players
Key Takeaways of Physical Vapor Deposition Market Study
PVR equipment holds the largest share of over 59% of the total market revenues. Soaring demand from automotive applications such as tool coating, decorative finishing, and large dies and broaches drive revenues from this segment.
PVD services present the most value-generating opportunities with an impressive 7.5% CAGR during the projection period. Improved mechanical properties of coating materials coupled with advanced manufacturing processes are contributing significantly to market growth within this segment.
Microelectronics will witness rampant adoption of physical vapor deposition with over 39% of the total market value. The need for high-performance microelectronic components in smart products such as solar energy solutions, medical devices, and new energy automotive is central to growing demand from this application segment.
Medical equipment offers the most lucrative growth opportunities on the back of increasing healthcare expenditure globally. The segment will grow at a stupendous 8.7% CAGR through 2030.
Owing to early adoption of advanced healthcare infrastructure, medical equipment, and automotive technology, North America maintains its hegemony over global sales. The region is accredited with more than ¼ of the total market demand share.
East Asia proffers revenues with the highest growth rate among six regions. The strong 7.7% CAGR is a direct result of increasing demand for smart devices, and improved healthcare amid increasing disposable income of millennial consumers.
Global Physical Vapor Deposition Market: Segmentation
For clearer understanding of the Physical Vapor Deposition Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Physical Vapor Deposition Market, which is essential to make sound investments.
Category
PVD Equipment
PVD Materials
PVD Services
Application
Microelectronics
Data Storage
Solar products
Cutting Tools
Medical Equipment
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
Following Questions Answers Covered in the Report are:
How will the global Physical Vapor Deposition Market perform during the forecast period? What will be the market size in terms of value and volume?
Which segment will drive the global Physical Vapor Deposition Market? Which regional market will show extensive growth in the future? What are the reasons?
How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
What are the key strategies adopted by players to sustain themselves in the global Physical Vapor Deposition Market?
How will these strategies influence the market growth and competition?
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Tech-driven advancements in medical equipment has led to the incorporation of physical vapor deposition of high-performance coatings on medical devices. The ability of physical vapor deposition to maintain internal biomedical structures while enhancing surface protection is set to act as a growth factor.
The global demand for physical vapor deposition will expand by 1.8X during the forecast period (2020 – 2030). Data storage components employ physical vapor deposition to increase product reliability. When grouped with advancements in material science and coating technology for large scale use-cases, these favorable trends will continue to propel the physical vapor deposition market.
“Upsurge in drilling, end-milling, grooving, and threading activities across the globe is accelerating demand for tough cutting edge tools. Market players are leveraging this opportunity through frictionless procurement of physical vapor deposition services and equipment.”-Says the Fact.MR Analyst
Key Players
Key Takeaways of Physical Vapor Deposition Market Study
PVR equipment holds the largest share of over 59% of the total market revenues. Soaring demand from automotive applications such as tool coating, decorative finishing, and large dies and broaches drive revenues from this segment.
PVD services present the most value-generating opportunities with an impressive 7.5% CAGR during the projection period. Improved mechanical properties of coating materials coupled with advanced manufacturing processes are contributing significantly to market growth within this segment.
Microelectronics will witness rampant adoption of physical vapor deposition with over 39% of the total market value. The need for high-performance microelectronic components in smart products such as solar energy solutions, medical devices, and new energy automotive is central to growing demand from this application segment.
Medical equipment offers the most lucrative growth opportunities on the back of increasing healthcare expenditure globally. The segment will grow at a stupendous 8.7% CAGR through 2030.
Owing to early adoption of advanced healthcare infrastructure, medical equipment, and automotive technology, North America maintains its hegemony over global sales. The region is accredited with more than ¼ of the total market demand share.
East Asia proffers revenues with the highest growth rate among six regions. The strong 7.7% CAGR is a direct result of increasing demand for smart devices, and improved healthcare amid increasing disposable income of millennial consumers.
Global Physical Vapor Deposition Market: Segmentation
For clearer understanding of the Physical Vapor Deposition Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Physical Vapor Deposition Market, which is essential to make sound investments.
Category
PVD Equipment
PVD Materials
PVD Services
Application
Microelectronics
Data Storage
Solar products
Cutting Tools
Medical Equipment
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
Following Questions Answers Covered in the Report are:
How will the global Physical Vapor Deposition Market perform during the forecast period? What will be the market size in terms of value and volume?
Which segment will drive the global Physical Vapor Deposition Market? Which regional market will show extensive growth in the future? What are the reasons?
How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
What are the key strategies adopted by players to sustain themselves in the global Physical Vapor Deposition Market?
How will these strategies influence the market growth and competition?
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583
