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Physical Vapor Deposition (PVD) Market Trends, Statistics, Segments and Forecast to 2024

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 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.


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.

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.

To Know More About Physical Vapor Deposition Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/physical-vapor-deposition-pvd-market

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.

Top Players of Physical Vapor Deposition (PVD) Market:

Key players in the PVD market include Advanced Energy Industries Inc., AJA International Inc., Veeco Instruments, Angstrom Engineering and Applied Materials Inc.

Market Segmentation of Physical Vapor Deposition (PVD) Market:

The Global Physical Vapor Deposition Market segmented on the basis of market Category and Application.

By Category:

    PVD Equipment
    PVD Materials
    PVD Services

By Application:

    Microelectronics
    Data Storage
    Solar Products
    Cutting tools
    Medical Equipment

Inquire about Physical Vapor Deposition Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1130
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