Market revenue in 2023 | USD 169.3 million |
Market revenue in 2030 | USD 270.3 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 |
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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 47.31% in 2023. Horizon Databook has segmented the Germany 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.
By the end of 2023, Germany achieved a solar power capacity of 81.7 gigawatts (GW), as stated by the Center For Promotion Of Sustainable Development. To meet the 2030 goal of 215 GW, an annual addition of 19 GW is necessary. Furthermore, the Center For Promotion Of Sustainable Development stated that approximately 70% of solar setups on buildings are equipped with battery storage systems.
PVD plays a crucial role in enhancing the performance and longevity of solar energy products. By applying thin films to the surface of solar panels, PVD improves their efficiency and durability against environmental factors. This advanced coating technique enhances light absorption and minimizes reflection, thereby increasing the electrical output of photovoltaic cells.
Furthermore, PVD coatings can provide additional protective layers against corrosion and wear, extending the lifespan of solar panels. The application of PVD in the solar industry not only optimizes the performance of solar panels but also contributes to the development of more sustainable and costeffective solar energy solutions.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into Germany physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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