Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Physical Vapor Deposition Market by Type (PVD Equipment, PVD Materials, PVD Services), By Application (Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Physical Vapor Deposition Market by Type (PVD Equipment, PVD Materials, PVD Services), By Application (Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145484 3300 Chemical & Material 377 248 Pages 4.9 (42)

Market Overview:

The global physical vapor deposition (PVD) market is expected to grow from USD 7.5 billion in 2018 to USD 12.8 billion by 2030, at a CAGR of 6.4% from 2018 to 2030. The growth of the PVD market can be attributed to the increasing demand for PVD equipment, materials, and services for microelectronics, storage, solar energy systems, medical equipment, and cutting tools applications across the globe. In addition, technological advancements in PVD technology are also fueling the growth of the global PVD market.

Global Physical Vapor Deposition Industry Outlook

Product Definition:

Physical Vapor Deposition (PVD) is a thin film deposition technique used to produce coatings and films on a variety of substrates. The process begins by heating the material to be deposited, usually a metal or alloy, to its vaporization temperature. The vapor is then introduced into the vacuum chamber where it condenses on the substrate, forming a thin film. PVD has many applications in industries such as semiconductor fabrication, optical coating, and medical device coating.

PVD Equipment:

Physical vapor deposition (PVD) equipment is used for the deposition of thin films on various substrates. PVD technology has been a key process in the fabrication of semiconductors, flat panel displays, and high-speed electronics devices. The growth factor for this market is semiconductor & display industry as it provides cost effective solutions to end users coupled with technological advancements in this sector.

The global physical vapor deposition equipment market by application was valued at USD 3,867.

PVD Materials:

Physical vapor deposition (PVD) materials are used in the process of physical vapor deposition for coating, inkjet, and other applications. PVD is a chemical reaction between material to be coated and electrical current which causes evaporation of volatile components present in the material which is then replaced by another substance.

Application Insights:

The global physical vapor deposition market has been segmented on the basis of application into microelectronics, solar, storage, medical equipment, and cutting tools. The microelectronics sector accounted for a significant share in 2017 owing to increasing demand for integrated circuits from various end-use industries such as consumer electronics, telecommunication & IT and automotive.

Physical vapor deposition (sputtering) is used to coat the IC chips with a protective layer that prevents oxidation of the chip during electrical or thermal stimulation. Furthermore, it also helps enhance circuit performance by reducing static electricity and improving heat transfer characteristics during soldering operations. These factors are anticipated to drive growth over the forecast period.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to rapid industrialization and increasing foreign investments in the region. The Asia Pacific held a revenue share of more than 35% in 2017, which can be attributed to high demand for physical vapor deposition equipment from various end-use industries such as electronics, medical & healthcare, solar etc.

The Latin American regional market is anticipated to witness significant growth over the forecast period owing to rising government initiatives pertaining towards development of microelectronics industry within Brazil and Mexico. Moreover, growing demand for PVD materials used in manufacturing semiconductor devices will drive growth further. Increasing number of research projects by universities within Brazil related physical vapor deposition techniques will also support regional growth during future years.

Growth Factors:

  • Increasing demand for semiconductor and electronic devices
  • Growing demand from the automotive industry
  • Rising popularity of nanotechnology
  • Proliferation of 3D printing technology
  • Growing investments in research and development

Scope Of The Report

Report Attributes

Report Details

Report Title

Physical Vapor Deposition Market Research Report

By Type

PVD Equipment, PVD Materials, PVD Services

By Application

Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools

By Companies

Oerlikon Balzers (Oerlikon Group), IHI Corporation, Silfex Inc. (Lam Research Corp.), Singulus Technologies AG, Applied Materials, Inc., ULVAC Inc., Veeco Instruments Inc., Buhler AG, Semicore Equipment, Inc., Platit AG

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Physical Vapor Deposition Market Report Segments:

The global Physical Vapor Deposition market is segmented on the basis of:


PVD Equipment, PVD Materials, PVD Services

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.


Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools

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:

  1. Oerlikon Balzers (Oerlikon Group)
  2. IHI Corporation
  3. Silfex Inc. (Lam Research Corp.)
  4. Singulus Technologies AG
  5. Applied Materials, Inc.
  6. ULVAC Inc.
  7. Veeco Instruments Inc.
  8. Buhler AG
  9. Semicore Equipment, Inc.
  10. Platit AG

Global Physical Vapor Deposition Market Overview

Highlights of The Physical Vapor Deposition Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. PVD Equipment
    2. PVD Materials
    3. PVD Services
  1. By Application:

    1. Microelectronics
    2. Storage
    3. Solar
    4. Medical Equipment
    5. Cutting Tools
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Physical Vapor Deposition 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

Global Physical Vapor Deposition Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Physical vapor deposition is a process used to create thin films of materials by depositing them from a gas or vapor.

Some of the key players operating in the physical vapor deposition market are Oerlikon Balzers (Oerlikon Group), IHI Corporation, Silfex Inc. (Lam Research Corp.), Singulus Technologies AG, Applied Materials, Inc., ULVAC Inc., Veeco Instruments Inc., Buhler AG, Semicore Equipment, Inc., Platit AG.

The physical vapor deposition market is expected to register a CAGR of 6.4%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Physical Vapor Deposition Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Physical Vapor Deposition Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Physical Vapor Deposition Market - Supply Chain
   4.5. Global Physical Vapor Deposition Market Forecast
      4.5.1. Physical Vapor Deposition Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Physical Vapor Deposition Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Physical Vapor Deposition Market Absolute $ Opportunity

5. Global Physical Vapor Deposition Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Physical Vapor Deposition Market Size and Volume Forecast by Type
      5.3.1. PVD Equipment
      5.3.2. PVD Materials
      5.3.3. PVD Services
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Physical Vapor Deposition Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Physical Vapor Deposition Market Size and Volume Forecast by Application
      6.3.1. Microelectronics
      6.3.2. Storage
      6.3.3. Solar
      6.3.4. Medical Equipment
      6.3.5. Cutting Tools
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Physical Vapor Deposition Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Physical Vapor Deposition Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Physical Vapor Deposition Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Physical Vapor Deposition Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Physical Vapor Deposition Demand Share Forecast, 2019-2026

9. North America Physical Vapor Deposition Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Physical Vapor Deposition Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Physical Vapor Deposition Market Size and Volume Forecast by Application
      9.4.1. Microelectronics
      9.4.2. Storage
      9.4.3. Solar
      9.4.4. Medical Equipment
      9.4.5. Cutting Tools
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Physical Vapor Deposition Market Size and Volume Forecast by Type
      9.7.1. PVD Equipment
      9.7.2. PVD Materials
      9.7.3. PVD Services
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Physical Vapor Deposition Demand Share Forecast, 2019-2026

10. Latin America Physical Vapor Deposition Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Physical Vapor Deposition Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Physical Vapor Deposition Market Size and Volume Forecast by Application
      10.4.1. Microelectronics
      10.4.2. Storage
      10.4.3. Solar
      10.4.4. Medical Equipment
      10.4.5. Cutting Tools
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Physical Vapor Deposition Market Size and Volume Forecast by Type
      10.7.1. PVD Equipment
      10.7.2. PVD Materials
      10.7.3. PVD Services
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Physical Vapor Deposition Demand Share Forecast, 2019-2026

11. Europe Physical Vapor Deposition Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Physical Vapor Deposition Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Physical Vapor Deposition Market Size and Volume Forecast by Application
      11.4.1. Microelectronics
      11.4.2. Storage
      11.4.3. Solar
      11.4.4. Medical Equipment
      11.4.5. Cutting Tools
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Physical Vapor Deposition Market Size and Volume Forecast by Type
      11.7.1. PVD Equipment
      11.7.2. PVD Materials
      11.7.3. PVD Services
   11.8. Basis Point Share (PS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Physical Vapor Deposition Demand Share, 2019-2026

12. Asia Pacific Physical Vapor Deposition Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Physical Vapor Deposition Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Physical Vapor Deposition Market Size and Volume Forecast by Application
      12.4.1. Microelectronics
      12.4.2. Storage
      12.4.3. Solar
      12.4.4. Medical Equipment
      12.4.5. Cutting Tools
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Physical Vapor Deposition Market Size and Volume Forecast by Type
      12.7.1. PVD Equipment
      12.7.2. PVD Materials
      12.7.3. PVD Services
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Physical Vapor Deposition Demand Share, 2019-2026

13. Middle East & Africa Physical Vapor Deposition Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Physical Vapor Deposition Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Physical Vapor Deposition Market Size and Volume Forecast by Application
      13.4.1. Microelectronics
      13.4.2. Storage
      13.4.3. Solar
      13.4.4. Medical Equipment
      13.4.5. Cutting Tools
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Physical Vapor Deposition Market Size and Volume Forecast by Type
      13.7.1. PVD Equipment
      13.7.2. PVD Materials
      13.7.3. PVD Services
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Physical Vapor Deposition Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Physical Vapor Deposition Market: Market Share Analysis
   14.2. Physical Vapor Deposition Distributors and Customers
   14.3. Physical Vapor Deposition Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Oerlikon Balzers (Oerlikon Group) Overview Financials Developments Strategic Outlook
      14.4.2. IHI Corporation Overview Financials Developments Strategic Outlook
      14.4.3. Silfex Inc. (Lam Research Corp.) Overview Financials Developments Strategic Outlook
      14.4.4. Singulus Technologies AG Overview Financials Developments Strategic Outlook
      14.4.5. Applied Materials, Inc. Overview Financials Developments Strategic Outlook
      14.4.6. ULVAC Inc. Overview Financials Developments Strategic Outlook
      14.4.7. Veeco Instruments Inc. Overview Financials Developments Strategic Outlook
      14.4.8. Buhler AG Overview Financials Developments Strategic Outlook
      14.4.9. Semicore Equipment, Inc. Overview Financials Developments Strategic Outlook
      14.4.10. Platit AG Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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