The Global Physical Vapor Deposition Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.
The global physical vapor deposition market size was estimated to be US$ 18 billion in 2019 and expected to reach US$ 35 billion by 2030 at a CAGR of 6.3%. Physical Vapor Deposition is a vital component of material processing industry. It is primarily used for fabrication or deposition of thin film and surface coating. During vapor deposition process, the material to be deposited goes from condensed phase to vapor phase and back to condensed phase in the form of thin film. The physical vapor deposition process requires vacuum and does not require a process medium, thereby making the process environment friendly. This has fuelled the adoption of physical vapor deposition technology across multiple industries for deposition of thin film or protective coatings.
