Europe Physical Vapor Deposition Market Size & Outlook
Europe physical vapor deposition market, 2018-2030 (US$M)
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Europe physical vapor deposition market highlights
- The Europe physical vapor deposition market generated a revenue of USD 599.3 million in 2023.
- The market is expected to grow at a CAGR of 6.8% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 599.3 million |
| Market revenue in 2030 | USD 951.0 million |
| Growth rate | 6.8% (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, Europe region accounted for 20.0% 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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Europe 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 47.37% in 2023. Horizon Databook has segmented the Europe 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 European Union has recently approved a substantial state aid worth USD 8.69 billion, aimed at stimulating research & development activities related to chip design and manufacturing with a special emphasis on emerging technologies such as 5G and 6G communications, autonomous vehicles, artificial intelligence, and quantum computing.
Europe's drive toward the development of more sophisticated and energy-efficient electronic devices, along with its strict environmental standards, positions PVD as the preferred technology for material deposition in the production of semiconductors, integrated circuits, and a variety of electronic components.
The European market is poised for a growth spurt in demand for PVD coatings, propelled by their extensive application across diverse sectors including cutting tools, microelectronics, data storage solutions, and medical equipment such as surgical tools.
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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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe physical vapor deposition market , including forecasts for subscribers. This continent databook contains high-level insights into Europe physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe physical vapor deposition market size, by country, 2018-2030 (US$M)
Europe Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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