Australia Physical Vapor Deposition Market Size & Outlook
Australia physical vapor deposition market, 2018-2030 (US$M)
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Australia physical vapor deposition market highlights
- The Australia physical vapor deposition market generated a revenue of USD 42.6 million in 2023 and is expected to reach USD 68.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.9% 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.
Physical vapor deposition market data book summary
| Market revenue in 2023 | USD 42.6 million |
| Market revenue in 2030 | USD 68.0 million |
| Growth rate | 6.9% (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 |
Other key industry trends
- In terms of revenue, Australia accounted for 1.4% of the global physical vapor deposition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China physical vapor deposition market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 248.6 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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Australia 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 47.18% in 2023. Horizon Databook has segmented the Australia 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.
The increasing demand for renewable energy sources and government initiatives promoting clean energy is expected to drive the PVD market in Australia. The trend of integrating solar PV systems in various sectors has fueled the demand for PVD in Australia.
According to the International Energy Association, over 30% of Australian standalone residential properties are equipped with solar power systems, which means around 12.5% of the country's total electricity demand is being met by solar energy.
Moreover, the government's support through financial incentives, feed-in tariffs, and renewable energy targets has created a favorable environment for the solar industry, which is expected to drive the demand for PVD over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into Australia physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia physical vapor deposition market size, by product, 2018-2030 (US$M)
Australia Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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