Global Vapor Deposition Market Is Expected To Witness a Significant Growth of USD 30.94 Billion By 2023

Pune, India, 22 May, 2017 /MRFR Press Release/- Market research future published a half-cooked research report on Global Vapor Deposition Market Research Report- Forecast to 2023. 

Market Highlights

Major end users industries for vapor deposition are automotive, aerospace, pharmaceutical, metal industry, and others. In automotive and aerospace industry, physical vapor deposition process used for coating into automotive parts like wheels and pistons, surgical tools, drill bits, and guns.

The growing demand in end user industry such as automotive, aerospace, pharmaceutical, metal industry, and others is expected driving factor for the global vapor deposition market in in near future.

The global vapor deposition market is classified on the basis of mixed geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific vapor deposition market is largest market owing to robust industry growth of application industry in China, Japan and India. Asia Pacific vapor deposition market size is likely to witness highest gains over the forecast period. Positive stance on end-use industries such as automotive, aerospace, pharmaceutical, metal industry, and others in countries like China & India is predict to drive demand. China is major dominating country owing to large scale production of end user industries such as automotive and metal industry. The Asia Pacific vapor deposition market is expected to grow owing to rising interest in electrical energy storage for small scale solar photovoltaic system. In India, China and Japan the demand is likely to continue over the next couple of years due to requirement to fulfill insufficient energy structure. However, various key players of vapor deposition are projected to enter the market from countries such as China and India near the end of the forecasted period.

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North America is the pioneer region in global vapor deposition market and holds second position including countries such as US and Canada. This region is expected to witness growth owing to sufficient regulatory support for encouraging domestic level private investment in the semiconductor industry. Various key players acquired power Solutions, The acquisition is expected to help the company increase its market position in power-based products. On the basis of application North America followed by the Asia-Pacific states the major region of microelectronics.

The vapor deposition market of Europe region including countries such as Germany, France, UK, Italy, and rest of the Europe anticipates significant growth over the next few years due to growing demand for durable and deposition for solar panels in near future. 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.

Segmentation

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.

Key Players

Key players of the global vapor deposition market are 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), and Others.

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