September 30, 2014
Wellesley, Mass., October 02, 2014 –BCC Research reveals in its new report, PHYSICAL VAPOR DEPOSITION (PVD): GLOBAL MARKETS, the global PVD market is expected to grow to more than $26.4 billion by 2019, with a five-year compound annual growth rate (CAGR) of 5.5%. The PVD materials deposited category, the largest and fastest moving segment of the market, is moving at a healthy 6% CAGR.
PVD is a process used to impart specific properties to a surface to change or alter its characteristics. It improves performance, creates unique properties, reduces costs, and extends the lifetime of products. Most major industries are impacted by the PVD process.
The PVD materials deposited category is expected to reach $15 billion in 2019 to register a 6% CAGR. Some of these materials include aluminum, which provides barrier and reflective layers; silicon dioxide, which acts as a dielectric; and titanium nitride, which imparts increased hardness and oxidation resistance.
Meanwhile, the PVD services category, which includes sputtering, evaporation and vacuum systems, is the second-fastest moving segment of the market. This segment is expected to reach $2 billion by 2019 to register a CAGR of 5.7%.
"Packaging represents the largest market for PVD equipment, materials and services, with a market share of over 46% in 2013, increasing to nearly 48% by 2019," said BCC Research manufacturing analyst Andrew McWilliams. "Microelectronics and storage applications are the other large users of PVD technologies, with 19% and 17% of the market respectively in 2013. Microelectronics’ share is expected to exceed 20% by 2019, while the share of storage declines to a little over 14%."
PHYSICAL VAPOR DEPOSITION (PVD): GLOBAL MARKETS provides an overview of the global vapor deposition markets. It includes analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
Editors and reporters who wish to speak with the analyst should contact Steven Cumming at steven.cumming@bccresearch.com
Physical Vapor Deposition (PVD): Global Markets( MFG015F )
Publish Date: Sep 2014
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