Market revenue in 2023 | USD 41.5 million |
Market revenue in 2030 | USD 68.6 million |
Growth rate | 7.4% (CAGR from 2023 to 2030) |
Largest segment | Sputter deposition |
Fastest growing segment | Arc Vapor Deposition |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Thermal Evaporation, Sputter Deposition, Arc Vapor Deposition |
Key market players worldwide | Applied Materials Inc, Advanced Energy Industries Inc, OC Oerlikon Corp AG, Pfaffikon ADR, Angstrom Engineering, Kurt J. Lesker Company, Voestalpine AG, IHI Corp, Kobe Steel Ltd |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to physical vapor deposition market will help companies and investors design strategic landscapes.
Sputter deposition was the largest segment with a revenue share of 47.71% in 2023. Horizon Databook has segmented the Argentina physical vapor deposition market based on thermal evaporation, sputter deposition, arc vapor deposition covering the revenue growth of each sub-segment from 2018 to 2030.
PVD market in Argentina has been witnessing growth, which is driven by the increasing adoption of PVD in various industries such as electronics, automotive, medical tools, and renewable energy. Moreover, the country is making substantial investments in energy generation from renewable sources, particularly from solar and wind.
PVD coatings are critical for enhancing the durability and efficiency of solar panels and wind turbines. Thus, the increasing efforts by the Government of Argentina to promote the generation and adoption of renewable energy are expected to drive the demand for PVD processes in the country in the coming years.
The automotive industry in the country is not only focusing on exporting its products but also catering to the domestic demand for them. As such, it is exploring advanced manufacturing techniques, including PVD coatings, to improve the performance and longevity of automotive components.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into Argentina physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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