Market Overview:
The global sputtering targets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sputtering targets from various end-use industries, such as air conditioning, refrigeration, and others. In addition, the growing demand for semiconductor devices is also contributing to the growth of this market.
Product Definition:
Sputtering Targets are thin pieces of materials which are used in the Sputtering process to produce thin films. The importance of sputtering targets for panel is that they provide a substrate onto which a thin film can be deposited.
Variable Speed Rotor Compressor:
The variable speed rotor compressor is a device that controls the flow of air in a chamber by changing the rotational speed. It is mainly used to reduce gas-phase fluctuations and variations in target temperature, pressure, and position during sputtering. The VSRCC can be used with any magnetron or high power source for various applications such as magnetic levitation, vacuum evaporation coating systems (VECS), thin-film deposition on substrates etc.
Fixed Speed Rotor Compressor:
Fixed speed rotor compressor is a kind of rotary air compressor which has the ability to vary its speed as per the requirement. It is majorly used in high vacuum systems and can also be used for low-vacuum applications. The fixed-speed type of rotors are not capable to produce high vacuum levels like the variable-speed type but they are comparatively cheaper and have less power requirements making them suitable for use in sputtering targets for panel manufacturing industries.
Application Insights:
The air conditioning application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for air conditioning systems in residential and commercial buildings, coupled with rising consumer spending on comfort.
Refrigerator sputtering targets are expected to witness a significant CAGR of XX% from 2018 to 2030 owing to growing demand for these devices from refrigeration equipment manufacturers who are increasingly focusing on reducing manufacturing costs by streamlining production procedures without compromising with product quality or reliability. Sputtering targets are also used in industrial applications such as cold storage warehouses, food processing plants, pharmaceutical industries where high-quality durable coatings have been required due to constant handling of perishable foods and other products that need protection against microbial contamination, temperature changes & corrosion caused by oxygen & moisture content etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for energy-efficient products in countries, such as China and India. In addition, rising disposable income levels are anticipated to drive the product demand further in this region.
The Latin American market is also likely to witness significant growth over the coming years owing to rapid industrialization and technological advancements coupled with economic development in countries like Brazil and Mexico that has led it being one of the major manufacturing hubs across various industries including automotive, electronics among others. This has resulted into high production volumes for sputtering targets which will fuel industry expansion over next eight years.
Growth Factors:
- Increasing demand for flat panel displays from consumer electronics and automotive industries
- Rising demand for large-sized flat panel displays
- Growing popularity of OLED panels
- Proliferation of 4K and 8K ultra high definition (UHD) televisions
- Increasing penetration of touch screen panels in portable devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Sputtering Targets for Panel Market Research Report
By Type
Variable Speed Rotor Compressor, Fixed Speed Rotor Compressor
By Application
Air Conditioning, Refrigerator, Others
By Companies
GMCC, GREE(Landa), Shanghai Highly, Panasonic, RECHI, Mitsubishi Electric, LG, Samsung, AVIC Electromechanical Systems Co.,Ltd., Daikin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Sputtering Targets for Panel Market Report Segments:
The global Sputtering Targets for Panel market is segmented on the basis of:
Types
Variable Speed Rotor Compressor, Fixed Speed Rotor Compressor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Air Conditioning, Refrigerator, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GMCC
- GREE(Landa)
- Shanghai Highly
- Panasonic
- RECHI
- Mitsubishi Electric
- LG
- Samsung
- AVIC Electromechanical Systems Co.,Ltd.
- Daikin
Highlights of The Sputtering Targets for Panel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Variable Speed Rotor Compressor
- Fixed Speed Rotor Compressor
- By Application:
- Air Conditioning
- Refrigerator
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sputtering Targets for Panel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sputtering targets are used to deposit material on a surface. They come in many shapes and sizes, but the most common type is a cone- or pyramid-shaped target that is made of metal or plastic. When you sputter, you use an electric current to create sparks that cause the target to heat up quickly. This causes the material inside the target to vaporize and fly off into the air.
Some of the major companies in the sputtering targets for panel market are GMCC, GREE(Landa), Shanghai Highly, Panasonic, RECHI, Mitsubishi Electric, LG, Samsung, AVIC Electromechanical Systems Co.,Ltd., Daikin.
The sputtering targets for panel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sputtering Targets for Panel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sputtering Targets for Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sputtering Targets for Panel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sputtering Targets for Panel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sputtering Targets for Panel Market Size & Forecast, 2020-2028
4.5.1 Sputtering Targets for Panel Market Size and Y-o-Y Growth
4.5.2 Sputtering Targets for Panel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Variable Speed Rotor Compressor
5.2.2 Fixed Speed Rotor Compressor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Air Conditioning
6.2.2 Refrigerator
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sputtering Targets for Panel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sputtering Targets for Panel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Variable Speed Rotor Compressor
9.6.2 Fixed Speed Rotor Compressor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Air Conditioning
9.10.2 Refrigerator
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Variable Speed Rotor Compressor
10.6.2 Fixed Speed Rotor Compressor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Air Conditioning
10.10.2 Refrigerator
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Variable Speed Rotor Compressor
11.6.2 Fixed Speed Rotor Compressor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Air Conditioning
11.10.2 Refrigerator
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Variable Speed Rotor Compressor
12.6.2 Fixed Speed Rotor Compressor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Air Conditioning
12.10.2 Refrigerator
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Variable Speed Rotor Compressor
13.6.2 Fixed Speed Rotor Compressor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Air Conditioning
13.10.2 Refrigerator
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sputtering Targets for Panel Market: Competitive Dashboard
14.2 Global Sputtering Targets for Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GMCC
14.3.2 GREE(Landa)
14.3.3 Shanghai Highly
14.3.4 Panasonic
14.3.5 RECHI
14.3.6 Mitsubishi Electric
14.3.7 LG
14.3.8 Samsung
14.3.9 AVIC Electromechanical Systems Co.,Ltd.
14.3.10 Daikin
