Asia Pacific Physical Vapor Deposition Market Size & Outlook
Asia Pacific physical vapor deposition market, 2018-2030 (US$M)
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Asia Pacific physical vapor deposition market highlights
- The Asia Pacific physical vapor deposition market generated a revenue of USD 1,297.4 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, sputter deposition was the largest revenue generating product in 2023.
- Arc Vapor Deposition is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,297.4 million |
| Market revenue in 2030 | USD 2,229.3 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Sputter deposition |
| Fastest growing segment | Arc Vapor Deposition |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 43.3% of the global physical vapor deposition market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,229.3 million by 2030.
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Physical Vapor Deposition Market Scope
Physical Vapor Deposition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific physical vapor deposition market outlook
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 47.45% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific witnessed a rising demand for advanced medical devices and healthcare solutions. PVD is vital in the production of biocompatible and bioactive coatings for medical implants and diagnostic devices, enhancing their performance.
Furthermore, the region's burgeoning aerospace industry is increasingly adopting PVD technology to manufacture lightweight yet robust components for aircraft, spacecraft, and military equipment. Aerospace sector's expansion, driven by the growing air travel and space exploration activities, is set to drive the consumption of PVD-coated materials.
Moreover, the "Big Four" semiconductor countries, namely South Korea, Japan, China, and Taiwan, have played a critical role in the development of the region’s semiconductor industry. The governments have played a pivotal role in the region's semiconductor industry. As a result, a list of investments is in the pipeline.
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Target buyers of Asia Pacific physical vapor deposition market databook
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Our clientele includes a mix of physical vapor deposition market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific physical vapor deposition market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific physical vapor deposition market size, by country, 2018-2030 (US$M)
Asia Pacific Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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