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Vacuum Coating Equipment Market Trends

Report ID: GMI1397
Published Date: Dec 2024
Report Format: PDF

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Vacuum Coating Equipment Market Trends

The vacuum coating equipment industry is witnessing significant advancements with the development of automated systems featuring advanced control technologies. These innovations enhance efficiency, reduce operational costs, and minimize human intervention, making the processes more streamlined and reliable. Additionally, the integration of Industry 4.0 technologies, such as IoT and AI, is revolutionizing the industry. These technologies enable real-time monitoring, predictive maintenance, and process optimization, ensuring higher precision and productivity. This trend is driving the adoption of smarter, more efficient vacuum coating solutions across various industries.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for vacuum coating equipment was reached USD 27 billion in 2023 and is anticipated to register a CAGR of over 6.7% between 2024 and 2032, driven by advancements in deposition techniques and evolving industry demands.

The PVD segment reached USD 9.4 billion in 2023 and is expected to grow at a CAGR of 7.2% during 2024 to 2032, due to its ability to deliver high-quality, durable, and uniform coatings with exceptional precision.

The electronics & semiconductors segment held a 38.7% market share in 2023 and is expected to grow at a CAGR of 7.1% up to 2032, led by the rapid expansion of 5G technology, IoT devices, and electric vehicles (EVs).

The North America vacuum coating equipment market size surpassed USD 6.9 billion in 2023 and is expected to grow at a CAGR of 7.3% from 2024 to 2032, propelled by leadership in aerospace and defense applications and the growing use of vacuum coatings in renewable energy systems.

Major players in the vacuum coating equipment industry include Adler Pelzer, Autoneum, BASF, Borgers, Charlotte Baur Formschaumtechnik, Continental, DBW Advanced Fiber Technologies, ElringKlinger, Greiner Foam, Röchling, SA Automotive, TROCELLEN Automotive, UFP Technologies, Unitex India, and Woco Industrietechnik.