Italy Physical Vapor Deposition Market Size & Outlook
Italy physical vapor deposition market, 2018-2030 (US$M)
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Italy physical vapor deposition market highlights
- The Italy physical vapor deposition market generated a revenue of USD 77.8 million in 2023 and is expected to reach USD 117.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.1% 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 77.8 million |
| Market revenue in 2030 | USD 117.8 million |
| Growth rate | 6.1% (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, Italy accounted for 2.6% 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 Europe, Germany physical vapor deposition market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 155.5 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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Italy 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 47.69% in 2023. Horizon Databook has segmented the Italy 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 growing automotive industry in Italy is expected to drive the demand for PVD over the forecast period. The growing demand for highperformance and durable coatings in automotive industry is driving the market in Italy. Italian automakers and suppliers are keen on adopting cutting-edge technologies to enhance the quality and competitiveness of their vehicles.
Moreover, Italy, a hub for electronics manufacturing and a major player in the semiconductor market, has extensively adopted the PVD technology to meet the demand for miniaturization. As consumer electronics and communication technologies evolve, there is a growing demand for smaller, more powerful microelectronic components.
Italy has recently made a significant investment of USD 4.60 billion in domestic chip manufacturing. It plans to spend USD 4.28 billion on domestic chip manufacturing by 2030. For this purpose, discussions are being held with French-Italian STMicroelectronics, Taiwanese MEMC Electronic Materials, Inc., and the U.S. based Intel Corporation.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into Italy physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy physical vapor deposition market size, by product, 2018-2030 (US$M)
Italy Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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