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Published Date: 2014-05-16Number of Pages: 80

Physical Vapor Deposition Market (PVD Equipment, PVD Materials and PVD Services) for Microelectronics, Storage, Solar Applications, Medical Equipments, Cutting Tools and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

PVD (Physical Vapor Deposition) is a coating technique carried out in vacuum at high temperatures. The PVD process typically involves three stages: evaporation of coating material, transportation to the surface and condensation over the surface as a thin film. Other methods used for PVD involve sputtering or bombardment of ions over the surface.

 

The PVD process results in highly adherent coating. A thin layer of these solid materials applied through PVD provides higher strength, durability and corrosion resistance over traditional coating processes such as electroplating. Environmental benefits coupled with higher efficiency of PVD over traditional techniques have been major factors driving growth for the PVD market. Increasing demand for microelectronics is expected to emerge as a major factor driving growth for the PVD market during the forecast period. Microelectronics equipment is used in various applications such as computers, medicine and defense. Growth in technological advancements has led to an increase in demand for efficient and smaller electronic products. Rising usage in medical equipment is anticipated to offer huge growth opportunities for the PVD market. However, patent protected technology with high investment cost is anticipated to hamper the growth of PVD market in the next few years.

 

The PVD industry can be bifurcated into three segments PVD equipment, PVD materials and PVD services. PVD equipment mainly comprises vacuum, heating, condensation and coating equipment. PVD equipment dominated the global market in terms of revenue in 2012. The market revenue share of PVD equipment stood at 65% in 2012 and is expected to experience significant growth in the coming years. PVD materials include various raw materials such as titanium, aluminum and nitrogen. PVD services include installation of equipment and coating services. Growth in end-use industries such as microelectronics and solar is projected to drive the PVD services market. PVD services is estimated to emerge as the fastest growing segment during the forecast period.

 

Physical vapor deposition technology has been used by various sectors including microelectronics, storage, solar products, medical equipment, cutting tools and other applications such as flexible packaging and optics. The microelectronics application segment dominated the global demand for PVD in 2012. Microelectronics application segment contributed 45.7% of the global PVD equipment revenue in 2012. Demand for PVD for medical equipment applications is projected to increase at the fastest rate during the forecast period. Storage, solar, cutting tools and others (optics, flexible packaging, etc.) are among the other major application segments for PVD. Physical vapor deposition is used for coating solar cells in order to improve the performance of devices. The ability to tailor properties of thin film coating is estimated to drive global demand for physical vapor deposition.

 

Asia Pacific was the largest PVD market and is anticipated to remain the largest market, growing at a CAGR of 9.5% between 2013 and 2019. With significant number of end-use companies in the region, North America was the second largest market in the global PVD market in 2012. There are large numbers of small and regional market players in North America including AJA International, Inc., KDF Electronics, Vacuum Aurora Scientific Corp and Novellus Systems. Following North America, Europe accounted for 19.0% of the total market revenue in 2012. Rest of the World including Latin America, the Middle East and Africa accounted for smallest share of the global PVD market in 2012.

 

Some of the major companies in the global PVD market include Applied Materials, Oerlikon Balzers, Hauzer Techno Coating B.V., Ionbond AG, Veeco Instruments, Platit, ULVAC Technologies, Singulus, Leybold Optics, AJA International and Semicore Equipment among others. Major players are expected to focus on expanding their product portfolio, in order to serve customer requirements from different markets and gain competitive advantage over other players.

 

Table of Content

 

Chapter 1 Preface

1.1 Report description

1.2 Market segmentation

1.3 Research scope and assumptions

1.4 Research methodology

 

Chapter 2 Executive Summary

2.1 Global PVD Market, 2012 – 2019, (USD Million)

2.2 Global PVD Market, Snapshot (2012 and 2019)

 

Chapter 3 Physical Vapor Deposition: Industry Analysis

3.1 Introduction

3.2 Value chain analysis

3.3 Market drivers

      3.3.1 Rising demand for microelectronics

      3.3.2 PVD coating benefits over traditional options

3.4 Market restraints

      3.4.1 Patent protected technology

3.5 Opportunities

      3.5.1 Potential market in medical industry

3.6 Porter’s five force model

      3.6.1 Bargaining power of suppliers

      3.6.2 Bargaining power of buyers

      3.6.3 Threat from substitutes

      3.6.4 Threat from new entrants

      3.6.5 Degree of competition

3.7 Physical vapor deposition market: Market attractiveness

3.8 Physical vapor deposition market: Company market share (2013)

 

Chapter 4 Physical Vapor Deposition Market – Industry Segment Analysis

4.1 Global physical vapor deposition market: Industry segment analysis

      4.1.1 Global physical vapor deposition market revenue share by industry, 2012 and 2019

4.2 Global physical vapor deposition market, by industry

      4.2.1 PVD equipment

               4.2.1.1 Global PVD equipment market, 2012 – 2019 (USD Million)

      4.2.2 PVD materials

              4.2.2.1 Global PVD materials market, 2012 – 2019 (USD Million)

      4.2.3 PVD services

              4.2.3.1 Global PVD services market, 2012 – 2019 (USD Million)

 

Chapter 5 Physical Vapor Deposition Equipment Market – Application Segment Analysis

5.1 Global physical vapor deposition equipment market: Application segment analysis

      5.1.1 Global physical vapor deposition equipment market revenue share by application, 2012 and 2019

5.2 Global physical vapor deposition equipment market, by application

      5.2.1 Microelectronics

              5.2.1.1 Global PVD equipment demand for microelectronics market, 2012 – 2019 (USD Million)

      5.2.2 Storage

               5.2.2.1 Global PVD equipment demand for storage market, 2012 – 2019 (USD Million)

      5.2.3 Solar applications

              5.2.3.1 Global PVD equipment demand for solar applications market, 2012 – 2019 (USD Million)

      5.2.4 Medical equipment

               5.2.4.1 Global PVD equipment demand for medical equipment market, 2012 – 2019 (USD Million)

      5.2.5 Cutting tools

               5.2.5.1 Global PVD equipment demand for cutting tools market, 2012 – 2019 (USD Million)

      5.2.6 Others (Optics, flexible packaging, etc)

              5.2.6.1 Global PVD equipment demand for other applications market, 2012 – 2019 (USD Million)

 

Chapter 6 Physical Vapor Deposition Market – Regional Segment Analysis

6.1 Global physical vapor deposition market: Regional segment analysis

      6.1.1 Global physical vapor deposition market revenue share, by region, 2012 and 2019

6.2 North America

      6.2.1 North America physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

      6.2.2 North America physical vapor deposition equipment market revenue, by application, 2012 - 2019 (USD Million)

6.3 Europe

      6.3.1 Europe physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

      6.3.2 Europe physical vapor deposition market revenue, by application, 2012 - 2019 (USD Million)

6.4 Asia Pacific

      6.4.1 Asia Pacific Physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

      6.4.2 Asia Pacific physical vapor deposition equipment market revenue, by application, 2012 - 2019 (USD Million)

6.5 Rest of the World (RoW)

      6.5.1 RoW Physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

      6.5.2 RoW physical vapor deposition equipment market revenue, by application, 2012 - 2019 (USD Million)

 

Chapter 7 Company Profiles

7.1 Applied Materials

      7.1.1 Company overview

      7.1.2 Product portfolio

      7.1.3 Financial overview

      7.1.4 Business strategies

      7.1.5 SWOT analysis

      7.1.6 Recent developments

7.2 AJA International Inc

      7.2.1 Company overview

      7.2.2 Product portfolio

      7.2.3 Financial overview

      7.2.4 Business strategies

      7.2.5 SWOT analysis

7.3 The IHI Group

      7.3.1 Company overview

      7.3.2 Product portfolio

      7.3.3 Financial information

      7.3.4 Business strategies

      7.3.5 SWOT analysis

7.4 KDF Electronics & Vacuum

      7.4.1 Company Overview

      7.4.2 Business Strategies

      7.4.3 SWOT analysis

      7.4.4 Recent developments

7.5 Leybold Optics GmbH

      7.5.1 Company overview

      7.5.2 Product portfolio

      7.5.3 Financial overview

      7.5.4 Business strategies

      7.5.5 SWOT analysis

      7.5.6 Recent Developments

7.6 Novellus Systems Inc

      7.6.1 Company overview

      7.6.2 Product portfolio

      7.6.3 Business strategies

      7.6.4 SWOT analysis

      7.6.5 Recent developments

7.7 Oerlikon Balzers

      7.7.1 Company overview

      7.7.2 Product portfolio

      7.7.3 Financial overview

      7.7.4 Business strategy

      7.7.5 SWOT analysis

      7.7.6 Recent developments

7.8 Penta Technology (Suzhou) Co. Ltd

      7.8.1 Company profile

      7.8.2 Business strategies

      7.8.3 SWOT analysis

      7.8.4 Recent developments

7.9 Platit

      7.9.1 Company overview

      7.9.2 Product portfolio

      7.9.3 Financial overview

      7.9.4 Business strategies

      7.9.5 SWOT analysis

      7.9.6 Recent developments

7.10 Semicore Equipment Inc.

        7.10.1 Company overview

        7.10.2 Financial overview

        7.10.3 Business strategies

        7.10.4 SWOT analysis

        7.10.5 Recent developments

7.11 Singulus Technologies

        7.11.1 Company overview

        7.11.2 Financial information

        7.11.3 Business strategies

        7.11.4 SWOT analysis

        7.11.5 Recent developments

7.12 ULVAC Technologies, Inc.

        7.12.1 Company overview

        7.12.2 Financial overview

        7.12.3 Business strategies

        7.12.4 SWOT analysis

        7.12.5 Recent developments

7.13 Veeco Instruments Inc.

        7.13.1 Company overview

        7.13.2 Product portfolio

        7.13.3 Financial overview

        7.13.4 Business strategies

        7.13.5 SWOT analysis

        7.13.6 Recent developments

List of Figures 

 

FIG. 1 Physical vapor deposition: Market segmentation

FIG. 2 Global PVD market, 2012 - 2019, (USD Million)

FIG. 3 Global PVD market: Value chain analysis

FIG. 4 Global microelectronics market (USD Billion), (2012-2019)

FIG. 5 Global PV Installations, 2012-2019 (GW)

FIG. 6 Global PVD market: Porter’s five force model

FIG. 7 Physical vapor deposition market: Market attractiveness

FIG. 8 Physical vapor deposition market: Company market share (2013)

FIG. 9 Global physical vapor deposition market revenue share, by industry, 2012 and 2019

FIG. 10 Global PVD equipment market, 2012 - 2019 (USD Million)

FIG. 11 Global PVD materials market 2012 - 2019 (USD Million)

FIG. 12 Global PVD services market, 2012 - 2019 (USD Million)

FIG. 13 Global physical vapor deposition market revenue share, by application, 2012 and 2019

FIG. 14 Global PVD equipment demand for microelectronics market, 2012 - 2019 (USD Million)

FIG. 15 Global PVD equipment demand for storage market, 2012 - 2019 (USD Million)

FIG. 16 Global PVD equipment demand for solar applications market, 2012 - 2019 (USD Million)

FIG. 17 Global PVD equipment demand for medical equipment market, 2012 - 2019 (USD Million)

FIG. 18 Global PVD equipment demand for cutting tools market, 2012 - 2019 (USD Million)

FIG. 19 Global PVD equipment demand for other applications market, 2012 - 2019 (USD Million)

FIG. 20 Global physical vapor deposition market revenue share, by region, 2012 and 2019

List of Tables

 

TABLE 1 Global physical vapor deposition market, snapshot (2012 and 2019)

TABLE 2 Global PVD market drivers: Impact analysis

TABLE 3 PVD Vs. Electroplating

TABLE 4 Global PVD market restraints: Impact analysis

TABLE 5 North America physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

TABLE 6 North America physical vapor deposition equipment market revenue, by application, 2012 - 2019 (USD Million)

TABLE 7 Europe physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

TABLE 8 Europe physical vapor deposition market revenue, by application, 2012 - 2019 (USD Million)

TABLE 9 Asia Pacific Physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

TABLE 10 Asia Pacific physical vapor deposition equipment market revenue, by application, 2012 - 2019 (USD Million)

TABLE 11 RoW Physical vapor deposition market revenue, by industry, 2012 - 2019 (USD Million)

TABLE 12 RoW physical vapor deposition equipment market revenue, by application, 2012 - 2019 (USD Million)

Physical vapor deposition (PVD) is one of the most suitable technologies for providing a hard, wear-resistant coating on medical devices and surgical instruments. The biocompatibility of PVD coatings without any change in sensitive steel tools makes it a suitable technology for metal deposition needed in the medical industry.

The research report on the physical vapor deposition market studies the market’s three product categories, namely PVD equipment, PVD materials, and PVD services, and data regarding the same is used for analyzing the developmental status of the market at various stages during the forecast period. Based on these figures, the study presents market size estimates in terms of revenue (US$ mn) for physical vapor deposition technology. The research report examines the various market indicators such as market drivers, restraints, and opportunities that are used to calculate forecast values for the PVD market for the forecast period. 

In matters of competition, the study analyzes major players in the global PVD market with the help of value chain analysis and Porter’s five forces model. The report also includes market share of the major companies in the PVD market for 2012. The revenue generated from physical vapor deposition products was used to calculate the market share of major companies in this industry.

Overview of Physical Vapor Deposition Market

The global PVD market stood at US$10.9 bn in 2012. The market for PVD is expected to expand at a CAGR of 9.50% between 2013 and 2019, which will lead the PVD market to a value of US$20.4 bn by 2019.

The global PVD market has been displaying healthy growth over the past few years due to increasing use of PVD technology in several end-use industries such as medical equipment and microelectronics. 

Increasing use of electronic devices such as computers and smartphones has spurred the demand for durable microelectronics for longer use of these applications. This is consolidating the use of PVD technology for microelectronics, in turn benefiting the global PVD market.

However, patent protection of PVD technology poses a challenge for the entry of new market players and also requires high initial investments from new entrants. This is limiting market participation, leading to relatively slow growth of the PVD market. 

Solar applications of PVD hold promise for the PVD market due to limited exploration of the application of the technology in this area.

The global PVD market is divided on the basis of product type, end use, and geography. The growth of the market is expected to be relatively uniform and equally distributed, with each segment expected to contribute handsomely.

In 2012, PVD equipment dominated the market with a 65% share in the overall market for PVD. However, from 2013 to 2019, it is the PVD services segment that will display the fastest growth, at an expected CAGR of 9.70% during the period.

Major Companies in Global PVD Market

Some of the major companies involved in the PVD industry are AJA International, Platit, KDF, ULVAC Technologies, Oerlikon Balzers, Hauzer Coating Technology, Leybold Optics, and Semicore Equipment.

Global PVD Market – by Application

  • Microelectronics
  • Storage
  • Solar applications
  • Medical equipment
  • Cutting tools
  • Others (Optics, flexible packaging, etc.)

Global PVD Market – by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights 

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • A clear understanding of the competitive landscape and key product segments