[FURL=hhttps://www.industryarc.com/Report/16437/vapor-deposition-market.html]Vapor deposition market[/FURL] size is forecast to reach $19.4 billion by 2025, after growing at a CAGR of 8.6% during 2020-2025, owing to the increasing demand for electronic products worldwide. Vapor deposition is extensively used in coating applications of thin films in the electronic industry. Macro factors such as the growing middle-class population and rising disposable income are driving the electronics industry in the various regions. In addition, decreasing prices of electronics and the adoption of high-end technology devices are leading to an increase in electronic device consumption. Key Takeaways
Asia Pacific dominates the vapor deposition market, owing to the increasing electronic industries in the region. According to Invest in India, India’s share in global electronics manufacturing has grown from 1.3% in 2012 to 3.0% in 2018.
Chemical vapor deposition (CVD) is widely used in commercial powder and thin-films manufacturing. Due to Brownian motion-induced coagulation following gas reaction and nucleation, the distribution of powder materials obtained by CVD is relatively broad.
The Physical Vapor Deposition (PVD), sometimes called physical vapor transport (PVT), describes a variety of vacuum deposition methods that can be used in various applications including semiconductors, LED, optics, displays, photovoltaic cells, and decorative coatings.
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Vapor Deposition Market Segment Analysis - By Geography
Asia Pacific region held the largest share in the vapor deposition market in 2019 up to 33%, owing to the increasing electronic sector in the region. The electronics sector uses vapor deposition for atom-by-atom or molecule-by-molecule deposition of a single layer or multi-layers of some selected materials on a solid surface of a targeted substrate. According to the Electronic Industries, the total electronics industry production in India was Rs.3,87,525 crore in 2017-18 by the Association of India (ELCINA), compared to Rs.3,17,331 crore in 2016-17, showing a growth of about 22 percent.
Vapor Deposition Market Drivers
Growing Consumer Electronics Market
Strict Regulations Over The Usage of Chromium(6+) For Electroplating
Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the vapor deposition market. In 2019, the market of vapor deposition has been consolidated by the top five players accounting for xx% of the share. Major players in the vapor deposition market are Applied Materials Inc., Adeka Corporation, Plasma Therm, Aixtron SE, Tokyo Electron Limited, IHI Group, Lam Research Corporation, Kurt J Leskar, and Veeco Instruments.
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