UK Physical Vapor Deposition Market Size & Outlook
UK physical vapor deposition market, 2018-2030 (US$M)
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UK physical vapor deposition market highlights
- The UK physical vapor deposition market generated a revenue of USD 94.9 million in 2023 and is expected to reach USD 155.5 million by 2030.
- The UK 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 94.9 million |
| Market revenue in 2030 | USD 155.5 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, UK accounted for 3.2% 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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UK 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 47.21% in 2023. Horizon Databook has segmented the UK 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, the UK government has identified semiconductors as one of its top five technological priorities. Rising investments in the semiconductor industry by the government of the UK for building local supply chains to modernize the automotive sector is anticipated to have a positive impact on the PVD market growth.
Moreover, the country’s Science and Technology Facilities Council (STFC) has invested USD 3.1 million in developing highly specialized microelectronics components. This investment is expected to boost the manufacturing of high-quality microelectronics in the country, in turn, driving the PVD market in the country over the forecast period.
The growth of medical and healthcare industries is expected to drive the demand for PVD technology in the UK. With the growing emphasis on healthcare advancements and medical innovations, the adoption of PVD in producing medical implants, diagnostic tools, and surgical instruments is expected to grow significantly.
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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 UK physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into UK physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK physical vapor deposition market size, by product, 2018-2030 (US$M)
UK Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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