UAE Physical Vapor Deposition Market Size & Outlook
UAE physical vapor deposition market, 2018-2030 (US$M)
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UAE physical vapor deposition market highlights
- The UAE physical vapor deposition market generated a revenue of USD 43.7 million in 2023 and is expected to reach USD 69.2 million by 2030.
- The UAE 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.
Physical vapor deposition market data book summary
| Market revenue in 2023 | USD 43.7 million |
| Market revenue in 2030 | USD 69.2 million |
| Growth rate | 6.8% (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, UAE accounted for 1.5% 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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UAE 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 47.83% in 2023. Horizon Databook has segmented the UAE 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 UAE is a significant player in the Middle East with a growing economy and a focus on technological advancements. In the UAE, PVD technology finds applications in solar energy, electronics, semiconductor manufacturing, optics, aerospace, and other industries.
The growing solar energy industry is expected to propel the PVD market in the UAE. In July 2023, the Cabinet of the UAE granted its approval to the revised UAE National Energy Strategy, envisioning a threefold increase in the contribution of renewable energy by 2030. The core objectives of this strategy are mitigating the impact of climate change and attaining climate neutrality.
According to the International Trade Administration, since the UAE has minimal domestic production of medical equipment, it opens substantial growth opportunities for foreign companies. The pandemic also prompted the country to consider domestic manufacturing of specific medical devices.
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Target buyers of UAE physical vapor deposition market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into UAE physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE physical vapor deposition market size, by product, 2018-2030 (US$M)
UAE Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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