U.S. Physical Vapor Deposition Market Size & Outlook
U.S. physical vapor deposition market, 2018-2030 (US$M)
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U.S. physical vapor deposition market highlights
- The U.S. physical vapor deposition market generated a revenue of USD 675.1 million in 2023 and is expected to reach USD 1,110.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.4% 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 675.1 million |
| Market revenue in 2030 | USD 1,110.1 million |
| Growth rate | 7.4% (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, U.S. accounted for 22.5% 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 North America, U.S. physical vapor deposition market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 86.6 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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U.S. 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 47.92% in 2023. Horizon Databook has segmented the U.S. 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 increasing demand for high-quality and high-performance materials in the aerospace industry has been a significant driver for using PVD. The aerospace industry in the U.S. constantly pushes the boundaries of innovation to enhance aircraft performance, reduce fuel consumption, and improve overall efficiency.
PVD techniques are essential for depositing thin films of material onto semiconductor wafers, a process crucial for the fabrication of integrated circuits and other electronic components. The demand for PVD is further amplified by the global surge in consumer electronics, electric vehicles, and renewable energy technologies, all of which rely heavily on semiconductors.
Governments and regulatory bodies in North America introduced favorable policies and incentives to promote the adoption of solar energy. Subsidies, tax credits, and feed-in tariffs have significantly boosted the installation of solar products, stimulating the demand for high-quality and cost-efficient thin-film solar cells manufactured using PVD technology.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. physical vapor deposition market , including forecasts for subscribers. This country databook contains high-level insights into U.S. physical vapor deposition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. physical vapor deposition market size, by product, 2018-2030 (US$M)
U.S. Physical Vapor Deposition Market Outlook Share, 2023 & 2030 (US$M)
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