According to a market report by Lucintel, the future of the vacuum coating equipment market looks promising with opportunities in the automotive, electronics, packaging, and optical & glass industries. The global vacuum coating equipment market is expected to grow with a CAGR of 5% to 7% from 2022 to 2027. The major drivers for this market are growing applications of the vacuum coating equipment in electronics, energy, and automotive industry, regulations against toxic chemicals, rapid advancement in the technology providing added benefit to products such as scratch protection, better shelf life, and brighter colors, and increasing adoption as alternative for electroplating.
Browse through 150 pages and in-depth TOC on “Global Vacuum Coating Equipment Market"
In this market, physical vapor deposition (PVD), chemical vapor deposition (CVD), and other process based vacuum coating equipment products are used in automotive, electronics, packaging, optical & glass, and many other applications. Lucintel forecasts that physical vapor deposition (PVD) will witness highest growth due to initial low cost compared to other vacuum coating technologies and being the advanced plasma coating-based deposition technology, it offers several benefits such as superior hardness, robust wear protection, oxidation resistance, and low friction values.
Within the global vacuum coating equipment market, the electronics segment will remain the largest application market during the forecast period supported by increasing investment in the electronics industry considering the advancement in technology such as digitalization, 5G technology, Internet of Things (IoT) etc. and employment of vacuum coating for microelectronic device fabrications and as seed layers for platting are leading to the growth in the vacuum coating equipment market.
Asia Pacific is expected to remain the largest market due to huge electronics and electrical sector, increasing adoption of electric vehicle and use of vacuum coatings for protection of the substrate of electric vehicles and their components from rust and other damages along with enhancing the appearance, providing efficiency, and fuel consumption savings. The increasing government investment in non-toxic and eco-friendly technologies is also contributing to the growth of the vacuum coating equipment market in the Asia Pacific region.
Applied Materials, Inc., BCI Blosch Group., IHI Corporation, Buhler, ULVAC, Inc., CVD Equipment Corporation, Mustang Vacuum Systems, Singulus Technologies AG, Scientific Vacuum Systems Ltd., and PVD Products are among the major suppliers of vacuum coating equipment.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global vacuum coating equipment market by process/technology type, product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Vacuum Coating Equipment Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global vacuum coating equipment market by process/technology type, product type, application, and region as follows:
By Process/Technology [$M shipment analysis from 2016 to 2027]:
•Physical Vapor Deposition (PVD)
•Chemical Vapor Deposition (CVD)
•Others
By Product Type [$M shipment analysis from 2016 to 2027]:
•Evaporation Type
•Sputtering Type
•Chemical Vapor Deposition
•Others
By Application [$M shipment analysis from 2016 to 2027]:
•Automotive
•Electronics
•Packaging
•Optics and Glass
•Others
By Region [$M shipment analysis from 2016 to 2027]:
•North America
•Europe
•Asia Pacific
•The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/vacuum-coating-equipment-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global vacuum coating equipment market by product type (evaporation type, sputtering type, chemical vapor deposition, others), process/technology (physical vapor deposition (PVD), chemical vapor deposition (CVD), and other), application (automotive, electronics, packaging, and optical & glass, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?