Physical Vapor Deposition Market Poised for 5.25% CAGR Growth Through 2030

 

As per MarkNtel Advisors the Global Physical Vapor Deposition Market size was valued at around USD 25.11 billion in 2023 & is estimated to grow at a CAGR of around 5.25% during the forecast period, i.e., 2024-30. The growing emphasis on enhancing the durability and performance of products has led to increased adoption of Physical Vapor Deposition (PVD) coatings across various industries. Manufacturers of various end-user industries seek to improve the wear resistance, corrosion resistance, and overall lifespan of their products, which PVD coatings can achieve effectively.

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Physical Vapor Deposition Market Systems Market Segmentation:

By Process

  • Thermal Evaporation- Market Size & Forecast 2019-2030, USD Million
  • Sputter Deposition- Market Size & Forecast 2019-2030, USD Million
  • Arc Vapor Deposition- Market Size & Forecast 2019-2030, USD Million
  • Ion Implantation- Market Size & Forecast 2019-2030, USD Million
  • Others (Electron-beam Vapor Deposition, etc.) - Market Size & Forecast 2019-2030, USD Million

By Material Type

  • Metals- Market Size & Forecast 2019-2030, USD Million
  • Ceramics- Market Size & Forecast 2019-2030, USD Million
  • Plastic- Market Size & Forecast 2019-2030, USD Million
  • Glass- Market Size & Forecast 2019-2030, USD Million
  • Others (Optical Components, etc.) - Market Size & Forecast 2019-2030, USD Million

By End User

  • Automotive- Market Size & Forecast 2019-2030, USD Million
  • Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million
  • Medical- Market Size & Forecast 2019-2030, USD Million
  • Electronics- Market Size & Forecast 2019-2030, USD Million
  • Others (Packaging, etc.)- Market Size & Forecast 2019-2030, USD Million

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Physical Vapor Deposition Market Recent Development:

  • 2023: OC Oerlikon Management AG signed a ten-year contract with ITP Aero to apply its new advanced PVD coating to ITP Aero's next-generation aircraft engine components.

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Physical Vapor Deposition Market Drivers:

Growing demand for PVD in the Automotive Industry – The automotive industry is experiencing a surge in PVD demand, driven by innovations in electric vehicles (EVs) and autonomous driving. PVD coatings play a critical role in enhancing the durability and performance of components in EVs, such as battery cells, electrical connectors, and sensors. PVD coatings are used to enhance the wear and corrosion resistance of these lightweight alloys, contributing to fuel efficiency gains. Additionally, PVD-coated parts in the automotive sector reduce friction, improving engine efficiency and overall performance.

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Report Highlights Essential Insights for Strategic Decision-Making

  • Detailed market size, share, and forecast analysis
    • In-depth pricing trends and segment-wise cost evaluations
    • Key industry strategies, including innovation, partnerships, and acquisitions
    • Critical value chain analysis and stakeholder profiling
    • Regional import-export market insights and trade flow assessment
    • Thorough competitive benchmarking of top hearing aid manufacturers
    • Identification of new growth opportunities and niche market segments
    • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Physical Vapor Deposition Market are:

  • Oerlikon Group
  • Angstrom Engineering Inc.
  • Kurt J. Lesker Company
  • NISSIN ELECTRIC Co. Ltd.
  • IHI Corporation
  • HEF Groupe
  • Lafer S.p.A.
  • Inorcoat
  • KOLZER SRL
  • Denton Vacuum
  • Intevac Inc.
  • Advanced Coating Service
  • Voestalpine AG
  • Kobe Steel Ltd.
  • Impact Coatings AB
  • Tanury
  • Vergason Technology Inc.
  • Richter Precision Inc.
  • PVD Products Inc.
  • Linde
  • Surface Modification Technologies
  • ASSAB Steels Singapore (Pte) Ltd.
  • Mustang Vacuum Systems
  • Thermalytica
  • Sutton Tools
  • Others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

  • Define objectives and research design
  • Collect data through surveys and interviews
  • Analyze and validate data using reliable tools
  • Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

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MarkNtel Advisors

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Contact No: +91 8719999009

Email: sales@marknteladvisors.com

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