CHEMICAL VAPOR DEPOSITION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In 2023, AIXTRON announced an investment of approximately 100 million euros (USD 109.7 million) at its Herzogenrath site. This substantial investment is aimed at constructing an innovation center designed to significantly enhance the company's research and development capabilities. The new facility is expected to focus on deposition equipment manufacturing for the semiconductor industry, providing key players in the semiconductor market with expanded capacities for innovation and development. By establishing this center, AIXTRON reinforces its commitment to advancing technology and supporting the growth of the semiconductor sector, positioning itself as a leader in this critical industry.
• In 2023, OC Oerlikon Management AG unveiled its latest PVD coating, BALIQ TISINOS PRO. This advanced coating is specifically designed for hardened steels, stainless steels, and high-temperature alloys. By applying BALIQ TISINOS PRO, the load on the tool is effectively reduced, resulting in a significant enhancement in wear resistance for steels with a hardness of up to 70 HRC during hard machining processes. This innovative coating underscores OC Oerlikon's commitment to providing cutting-edge solutions that improve tool performance and extend the lifespan of machining tools in demanding applications.
• In 2022, CVD Equipment Corporation secured a US$ 3.7 million contract for a production coating system that utilizes chemical vapor deposition (CVD) technology to deposit ceramic composite materials specifically for gas turbine engines. This advanced system is designed to enhance the performance and durability of gas turbine components by applying high-quality ceramic coatings. The contract highlights CVD Equipment Corporation's expertise in innovative coating solutions and its commitment to supporting the aerospace industry with cutting-edge technology that improves efficiency and extends the lifespan of critical engine parts.
• In 2022, ASM International N.V. announced that it had reached an agreement to acquire all outstanding shares of LPE S.p.A., an Italian manufacturer specializing in epitaxial reactors for silicon carbide (SiC) and silicon. This acquisition underscores ASM's commitment to expanding its portfolio in the semiconductor industry, particularly in the growing market for SiC technology, which is increasingly important for applications in power electronics and electric vehicles. By integrating LPE's expertise and innovative technologies, ASM aims to enhance its capabilities in delivering advanced solutions to its customers and strengthen its position in the global semiconductor market.