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Vacuum Coating Equipment Market Size

Report ID: GMI1397
Published Date: Apr 2022
Report Format: PDF

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Vacuum Coating Equipment Market Size

Vacuum Coating Equipment Market size exceeded USD 24.59 billion in 2021 and will grow at a CAGR of 5.7% from 2022 to 2028. The increasing adoption of Physical Vapor Deposition (PVD) in the automotive industry favors the industry growth.

The automotive industry gains advantages from Physical Vapor Deposition (PVD) coatings, which contribute to the production of modern vehicles with improved appearance, efficiency, and fuel consumption savings.

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Significant growth in the semiconductor sector will propel the equipment demand. Vacuum coatings help in extending consumable lifetimes and reduce the chamber downtime of semiconductors. The materials used in the vacuum coating of semiconductors range from quartz to yttria stabilized zirconia. Vacuum coating equipment delivers coatings that are transparent and chemically inert. This leads to lower ownership costs along with the synching of maintenance cycles Complexities associated with vacuum coating will hinder industry revenue. The evaporation plating target material gets limited by melting point. This makes it difficult for usage in high melting points. The adhesion offered by vacuum coating is poor as it cannot be coated with UV oil.

Vacuum Coating Equipment Market Report Attributes
Report Attribute	Details
Base Year:	2021
Vacuum Coating Equipment Market Size in 2021:	24,595 Million (USD)
Forecast Period:	2022 to 2028
Forecast Period 2022 to 2028 CAGR:	5.7%
2028 Value Projection:	36,096 Million (USD)
Historical Data for:	2018 to 2020
No. of Pages:	170
Tables, Charts & Figures:	209
Segments covered:	Technology and Application
Growth Drivers:	Rising need to comply with engine emission norms Increasing adoption of PVD coatings in automotive industry Advantages of decorative PVD coating over electroplating in consumer goods industry
Pitfalls & Challenges:	Operational snags and drawbacks

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market valuation of vacuum coating equipment surpassed USD 24,595 million in 2021 and is expected to grow at a CAGR of 5.7% between 2022 and 2028 driven by the rising product usage for the protection of various equipment like aerospace parts, medical tools, and others.

The market revenue from CVD is set to exceed USD 18.5 billion by 2028 owing to the rising product adoption in the manufacturing of high-performance coatings.

Asia Pacific market size is estimated to cross USD 21 billion up to 2028 considering the growing demand for electric vehicles in the region.

Major players in the industry comprise Singulus Technologies AG, PVD Products, Inc., Scientific Vacuum Systems Ltd., BCI Blosch Group, ULVAC, Inc., IHI Corporation, and others.