South Africa Physical Vapor Deposition Market Size & Outlook
South Africa physical vapor deposition market, 2018-2030 (US$M)
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South Africa physical vapor deposition market highlights
- The South Africa physical vapor deposition market generated a revenue of USD 34.5 million in 2023 and is expected to reach USD 56.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.3% 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 34.5 million |
| Market revenue in 2030 | USD 56.6 million |
| Growth rate | 7.3% (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, South Africa accounted for 1.1% 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 Middle East & Africa, UAE physical vapor deposition market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 56.6 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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South Africa 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 47.25% in 2023. Horizon Databook has segmented the South Africa 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.
Furthermore, in response to South Africa's energy crisis and the escalating demand for solar power, Anuva Green Energy (AGE), a tax-leveraged alternative investment firm, decided to establish strategic partnerships with leading solar energy companies.
These alliances aim to tackle energy challenges and cater to the increasing need for solar solutions in the country. Therefore, the growth of the solar energy industry is expected to propel the demand for PVD market in South Africa.
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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 South Africa physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into South Africa physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa physical vapor deposition market size, by product, 2018-2030 (US$M)
South Africa Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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