Latin America Physical Vapor Deposition Market Size & Outlook
Latin America physical vapor deposition market, 2018-2030 (US$M)
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Latin America physical vapor deposition market highlights
- The Latin America physical vapor deposition market generated a revenue of USD 197.8 million in 2023.
- The market is expected to grow at a CAGR of 7.7% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 197.8 million |
| Market revenue in 2030 | USD 332.3 million |
| Growth rate | 7.7% (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, Latin America region accounted for 6.6% 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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Latin America 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 47.72% in 2023. Horizon Databook has segmented the Latin America 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.
Central & South America is witnessing an increase in healthcare expenditure, accompanied by advancements in medical technologies and devices. Biomedical or surgical devices are designed to improve the quality of life. These devices are required to be durable and biocompatible with low friction.
PVD coatings offer all the features mentioned above for all materials commonly used in the development of biomedical devices. The PVD-coated instruments deliver superior performance owing to the modified surface properties of these devices without altering their underlying material properties.
As the region is focusing on strengthening its aerospace capabilities, PVD is expected to act as a solution for producing high-performance materials with specific properties, such as thermal resistance, corrosion resistance, and lightweight.
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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 continent-level data and insights on the Latin America physical vapor deposition market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America physical vapor deposition market size, by country, 2018-2030 (US$M)
Latin America Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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