The increasing penetration of microelectronics across numerous sectors is essentially driving physical vapour deposition market development. Microelectronics is the creation of tiny electronic equipment with micrometre dimensions that finds usage in the automobile, defence, and healthcare industries. One of the most important applications for physical vapour deposition is microelectronics (PVD). As a result, the rise of the microelectronics industry is supporting the growth of the physical vapour deposition market. Physical vapour deposition's increasing use in the manufacturing of low-e glass for the construction and automotive sectors is expected to drive market expansion. Physical vapour deposition market expansion is likely to be hampered by high capital expenditure and a lack of product differentiation and innovation. Innovative and advanced product development technologies need large capital investments in research and development, and the high cost of investment is projected to stymie the growth of the physical vapour deposition technology market.
According to Coherent Market Insights, Global Physical Vapor Deposition Market was valued at US$ 18.9 Billion in 2021 in terms of revenue, exhibiting a CAGR of 5.59% during the forecast period (2022 to 2030).
Key Competitors in the Physical Vapour Deposition Industry:
1. Advanced Energy Industries, Inc.
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe. The company was founded in 1981, headquartered in U.S.
2. AJA International, Inc.
AJA is a manufacturer of thin film deposition systems including magnetron sputteringand ion milling systems. The company is headquartered in Massachussetts, U.S. established in 1989.
3. Oerlikon Balzers (Oerlikon Group)
The Oerlikon Group has been present in India since the year 1984, operating through four major Segments namely Surface Solutions, Manmade Fibers, Drive Systems and Vacuum. All these Segments are among the Top 3 in their respective businesses.the company was established in 1906, headquartered in Swtizerland. In June 2022, Oerlikon, a physical vapor deposition industry, improved productivity and increased lifespan and tailored solutions, and most demanding applications within the chemicals and plastics industries and in PUR applications, these are the convincing arguments with which Oerlikon Barmag is showcasing its precision metering pumps. The focus is on the new pump for shear-sensitive conveying media and the new eccentric screw pump.
4. IHI Corporation
IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. IHI Corporation was founded in 1853 and is headquartered in Tokyo, Japan.
5. Lam Research Corp
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
6. Singulus Technologies AG
Singulus Technologies AG develops and assembles innovative machines and systems for thin-film coating and surface treatment processes. Singulus Technologies AG was founded in 1995 and is based in Kahl am Main, Germany.
7. ULVAC Inc.
ULVAC, Inc. engages in the development, manufacture, sale, customer support, and import/export of vacuum equipment, peripheral devices, and vacuum components and materials in Japan and internationally. ULVAC, Inc. engages in the development, manufacture, sale, customer support, and import/export of vacuum equipment, peripheral devices, and vacuum components and materials in Japan and internationally.
8. Veeco Instruments Inc.
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York. In February 2022, Veeco Instruments, a physical vapor deposition industry, announced that a mask blank supplier to the semiconductor industry has ordered Veeco’s IBD-LDD Ion Beam Deposition (IBD) System. The IBD system will be used to meet growing demand for extreme ultraviolet (EUV) mask blanks used to create semiconductor devices related to advanced logic and memory applications. n April 2022, Veeco Instruments, a physical vapor deposition industry, unveiled its Environmental, Social, and Governance (ESG) goals for 2022 and beyond, showcasing the company’s on-going commitment to corporate social responsibility.
9. Buhler AG
Provider of solutions designed for processing foods and for manufacturing advanced materials. The company is headquartered in Switzerland, established in 1860.
10. Semicore Equipment, Inc.
Semicore Equipment is a manufacturer and supplier of PVD equipment and custom vacuum systems for the electronics and academics industries. The company was founded in 1996, headquartered in California, U.S.
*Definition- Physical vapour deposition (PVD) is also known as physical vapour transport (PVT), and it refers to a range of vacuum deposition processes used to create thin films and coatings.
