Physical Vapor Deposition Market Production Values, Supply-Demand, Brand Shares and Forecast 2027

Market Overview

Physical vapor deposition (PVD) is also referred to as physical vapor transport (PVT) which includes a variety of vacuum deposition the process that is used to produce thin films and coatings. In this process materials transferred from condensed phases to vapor phases and then get back to the condense phase of thin films. Physical vapor deposition (PVD) is used across various applications such as fabrication of microelectronic devices, surface modifications battery and fuel cell electrodes, interconnects, diffusion barriers, optical and conductive coatings. Thermal evaporation, sputtering, and ion plating are the three commonly used physical vapor deposition in almost all industries. This process is used widely used in, manufacturing of semiconductor devices such as thin-film solar panels, titanium nitride coated cutting tools for metalworking and aluminized PET film for food packaging.

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Market Dynamics

The global physical vapor deposition market has witnessed significant growth in recent past years, owing to the rising demand for physical vapor deposition from semiconductor industry. Based on application, the global physical vapor deposition market is bifurcated into microelectronics, storage, solar, medical equipment, cutting tools, architectural glasses, and others. Among these segments, the microelectronics segment dominated the global physical vapor deposition market in 2018, owing to the growing demand for microelectronics in various applications such as automobile industry, semiconductor industry, LED, and storage industry. This factor is estimated to drive growth of the global physical vapor deposition market during the forecast period.

Market Taxonomy

  • Global Physical Vapor Deposition Market, By Industry:

    • PVD Equipment

      PVD Materials

      PVD Services

  • Global Physical Vapor Deposition Market, By Application:

    • Microelectronics

      Storage

      Solar

      Medical Equipment

      Cutting Tools

      Others

Key players operating in global physical vapor deposition market are Oerlikon Balzers (Oerlikon Group), IHI Corporation, Silfex Inc. (Lam Research Corp.), Lam Research Corp, Singulus Technologies AG, Applied Materials, Inc., ULVAC Inc., Veeco Instruments Inc., Buhler AG, Semicore Equipment, Inc., and Platit AG.

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