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Vacuum Coating Equipment Market Size By Technology (Physical Vapor Deposition [Evaporation], Sputtering [Magnetron Sputtering {RF Magnetron Sputtering}, Reactive], Chemical Vapor Deposition), By Application (PVD [Microelectronics, Data Storage, Solar, Medical Equipment, Cutting Tools], Sputtering [Metallizing for Microelectronic Circuits and Chip Carriers, Electrical Resistance Films, Magnetic Films, Opto Storage Devices, Corrosion-resistant Films, Gas Sensors], CVD [Integrated Circuits & Photovoltaic Devices, Polymerization, Metal-organic Frameworks {Gas Storage, Adsorption & Purification, Catalysis, Gas Sensing & Low-K Dielectrics}]), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI1397
  • Published Date: Apr 2022
  • Report Format: PDF

Industry Trend

Vacuum Coating Equipment Market size exceeded USD 24.59 billion in 2021 and will grow at a CAGR of 5.7% from 2022 to 2028. The increasing adoption of Physical Vapor Deposition (PVD) in the automotive industry favors the industry growth.

The automotive industry gains advantages from Physical Vapor Deposition (PVD) coatings, which contribute to the production of modern vehicles with improved appearance, efficiency, and fuel consumption savings.
 

Vacuum Coating Equipment Market

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Significant growth in the semiconductor sector will propel the equipment demand. Vacuum coatings help in extending consumable lifetimes and reduce the chamber downtime of semiconductors. The materials used in the vacuum coating of semiconductors range from quartz to yttria stabilized zirconia. Vacuum coating equipment delivers coatings that are transparent and chemically inert. This leads to lower ownership costs along with the synching of maintenance cycles Complexities associated with vacuum coating will hinder industry revenue. The evaporation plating target material gets limited by melting point. This makes it difficult for usage in high melting points. The adhesion offered by vacuum coating is poor as it cannot be coated with UV oil.
 

Chemical Vapor Deposition (VCD) to garner huge revenue share

The Chemical Vapor Deposition (CVD) segment will generate a revenue of over USD 18.5 billion by 2028. It is emerging as the most popular and the fastest growing vacuum coating technology due to its ability to deposit a coating onto a substrate in a multi-directional manner. This technology is used to produce high-quality and high-performance coatings, typically under vacuum. It is one among the most commonly used material processing technologies, wherein thin films are formed on a heated substrate when gas-phase precursors undergo chemical reactions.
 

The microelectronics sub-segment of the PVD application is poised to hold approximately 45% of the vacuum coating equipment market share by 2028. Microelectronics refers to manufacturing small electronic designs & components. PVD coating is employed in microelectronic device fabrications and as seed layers for platting. It is widely used to deposit different materials including tungsten, copper, on silicon wafer. Digitalization, Internet of Things (IoT), and Industry 4.0 will drive the demand for microelectronics from automotive, manufacturing, and medical technology sectors.
 

The metallizing for microelectronic circuits and chip carriers segment to witness strong growth

Vacuum Coating Equipment Market By Sputtering Application

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The vacuum coating equipment market size from the metallizing for microelectronic circuits and chip carriers application is anticipated to observe more than 6.5% gains through 2028. Magnetron sputtering offers the deposition of dielectric insulators and metal conductors in a uniform manner over large wafer areas with low defects and minimal thermal distortions. Metal targets are used in magnetron sputtering to produce dielectric or metal layers, depending on the presence or absence of reactive gases such as oxygen and nitrogen. This process offers two advantages, superior stoichiometric purity and fewer structural defects.
 

Asia Pacific is assessed to be the key regional market

Vacuum Coating Equipment Market Revenue By Region

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The Asia Pacific vacuum coating equipment market is projected to reach around USD 21 billion by 2028. The increasing demand for electric vehicles in the region is expected to drive industry statistics. Vacuum coatings play a crucial role in protecting the substrate of electric vehicles and their components from rust and other damages. Technological advancements are supporting the regional market growth. Companies are coming up with advanced technological solutions for vacuum coatings for strengthening their positions.
 

The industry is largely fragmented into several prominent and small manufacturers including PVD Products, Inc, BCI Blösch Group., IHI Corporation, Singulus Technologies AG, Scientific Vacuum Systems Ltd., T-M Vacuum Products Inc. and ULVAC, Inc.
 

This vacuum coating equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2018 to 2028 for the following segments:

Market, By Technology

  • Physical Vapor Deposition (PVD)
    • Evaporation
    • Others
  • Sputtering
    • Magnetron sputtering
      • RF magnetron sputtering
      • Others
    • Reactive sputtering
    • Others
  • Chemical Vapor Deposition (CVD)

Market, By Application

  • PVD application
    • Microelectronics
    • Storage
    • Solar
    • Medical equipment
    • Cutting tools
    • Others
  • Sputtering application
    • Metallizing for microelectronic circuits and chip carriers
    • Electrical resistance films
    • Magnetic films
    • Opto storage devices
    • Corrosion-resistant films
    • Gas sensors
    • Others
  • CVD application
    • Integrated Circuits (ICs) & photovoltaic devices
    • Polymerization
    • Metal-organic frameworks
      • Gas storage, adsorption, and storage & purification
      • Catalysis
      • Gas sensing & low k-dielectrics
      • Others
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
  • Latin America (LATAM)
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)
    • South Africa
    • GCC

 

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market valuation of vacuum coating equipment surpassed USD 24,595 million in 2021 and is expected to grow at a CAGR of 5.7% between 2022 and 2028 driven by the rising product usage for the protection of various equipment like aerospace parts, medical tools, and others.

The market revenue from CVD is set to exceed USD 18.5 billion by 2028 owing to the rising product adoption in the manufacturing of high-performance coatings.

Asia Pacific market size is estimated to cross USD 21 billion up to 2028 considering the growing demand for electric vehicles in the region.

Major players in the industry comprise Singulus Technologies AG, PVD Products, Inc., Scientific Vacuum Systems Ltd., BCI Blosch Group, ULVAC, Inc., IHI Corporation, and others.

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 209
  • Countries covered: 17
  • Pages: 170

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