Vacuum Coating Equipment Market worth $36 Bn by 2028

Vacuum Coating Equipment Market size is expected to cross USD 36 billion by 2028, according to a new research report by Global Market Insights Inc.
 

The high purchase and operational cost of equipment may restrict equipment market expansion. In general, a coating machine costs around USD 30,000 to USD 50,000 upfront, depending on factors such as capacity speed, employed technology, functions & features, make of components, electric system, and programing. Besides these, coating equipment involves other long-term costs related to maintenances, repairs, replacements, and wastages. Larger vacuum coatings equipment has higher fixed costs as it consumes more energy and manpower for operations as compared to smaller systems.
 

Sputtering technology growth can be assigned to its enhanced attributes

The sputtering technology segment from vacuum coating equipment market is set to account for USD 10 billion by 2028. Sputtering is a phenomenon in which energetic gases or particles hitting microscopic & solid particle surfaces are separated from them. The collision of high energy ions with the material atoms causes a momentum transfer and a series of collision cascades on the target surface. In case the ion energy while reaching the target surface becomes greater than the bonding energy among the material atoms, the collided atom gets separated from the targeted material. The use of sputtering technology provides excellent uniformity and lower absorption & scatter as compared to other technologies.
 

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Browse key industry insights spread across 170 pages with 186 market data tables & 23 figures & charts from the report, “Vacuum Coating Equipment Market Size By Technology (Physical Vapor Deposition [Evaporation], Sputtering [Magnetron Sputtering {RF Magnetron Sputtering}, Reactive], Chemical Vapor Deposition), By Application (PVD [Microelectronics, Data Storage, Solar, Medical Equipment, Cutting Tools], Sputtering [Metallizing for Microelectronic Circuits and Chip Carriers, Electrical Resistance Films, Magnetic Films, Opto Storage Devices, Corrosion-resistant Films, Gas Sensors], CVD [Integrated Circuits & Photovoltaic Devices, Polymerization, Metal-organic Frameworks {Gas Storage, Adsorption & Purification, Catalysis, Gas Sensing & Low-K Dielectrics}]), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/vacuum-coating-equipment-market
 

Polymerization segment to account for a considerable market share

The polymerization sub-segment of the CVD application segment will grow at over 6.5% CAGR through 2028. CVD synthesizes organic thin films on substrate from vapor phase reactants. These thin films are used as functional layers and conformal surface engineering materials. The film’s facile tunability leads to the successful integration of CVD thin films into various applications such as surface modifications, protective films, and device fabrications. The use of this technology bridges microfabrication technology along with biological & chemical systems.
 

The key vacuum coating equipment market players include PVD Products, Inc, BCI Blösch Group., IHI Corporation, Singulus Technologies AG, , Scientific Vacuum Systems Ltd., T-M Vacuum Products Inc. and ULVAC, Inc. In September 2018, PVD Products, Inc. entered into a licensing agreement with the Ohio State University for thin film deposition technology developments.