The global physical vapor deposition (PVD) market is anticipated to grow at a considerable CAGR of around 8.5% during the forecast period (2022-2028). PVD is an eco-friendly technology in comparison to other chemical procedures depositing and methods, due to this, PVD is excepted to boost across the globe attributed to increasing environmental concerns and cohesive government policies, rules, and regulations. PVD has no hazardous material in it and also no chemical waste or pollution is generated from it. PVD process uses environmentally safe materials and chemical that includes chromium nitride and titanium nitride this material are also been used in corrosion-resistant electroplating.
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Moreover, the rising demand for eco-friendly products and the growing importance of consumers and manufacturers are shifting towards eco-friendly materials. For instance, in 2018, Kloeckner Metals Corp. installed PVD processing equipment to strengthen its portfolio and increase the growing demand for more capacity and color options for stainless steel. The company has also partnered with Double Stone Steel Ltd. to produce and market PVD products and services in North America and South America. The newly installed equipment is enabling the coloring of stainless steel and certain aluminum materials.
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In April 2022, Dalrada Corp. acquired Deposition Technology – a manufacturer of chemical vapor and physical vapor deposition systems. This acquisition will further expand Dalrada Energy Services to the modernization of energy-efficient products and services, such as heat pumps.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Category
o By Type
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Advanced Energy Industries, Inc., AJA International, Inc., Angstrom Engineering, Inc., Lam Research Corp., Oerlikon Balzers, Veeco Instruments, Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Physical Vapor Deposition (PVD) Market Report Segment
By Category
- Physical Vapor Deposition Equipment
- Physical Vapor Deposition Services
- Physical Vapor Deposition Materials
By Type
- Cathodic Arc Vapor Deposition
- Electron Beam Vapor Deposition
- Evaporative Deposition
- Sputter Deposition
- Others (Ion Implantation and Pulsed Laser Vapor Deposition)
