North America Vacuum Coating Equipment Market Size By Application (PVD [Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools], Magnetron Sputtering [Metallizing For Microelectronic Circuits And Chip Carriers, Electrical Resistance Films, Magnetic Films, Opto Storage Devices, Corrosion-Resistant Films, Gas Sensors], CVD [Integrated Circuits & Photovoltaic Devices, Polymerization, Metal-Organic Frameworks, Gas Sensing & Low-K Dielectrics]), By Product (PVD, Magnetron Sputtering, CVD), Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2024

Published Date: July 2019 | Publisher: Graphical Research Report ID: GR1216 | Delivery : PDF

North America vacuum coating equipment market was estimated at around USD 9 billion in 2018 and likely to exhibit 8% gains by 2024.

Get more details on this report - Request Free Sample PDF  

Vacuum coating equipment is gaining acceptance from different market avenues. It has applications in diverse and multiple fields such as opto storage devices, microelectronics, medical equipment, polymerization, cutting tools, gas sensors, magnetic films and integrated circuits. All these applications are pertaining to automobile, electronics, metallurgy, polymer, and healthcare industries.

North America vacuum coating market is primarily driven by mounting electrical & electronic and automobile industry. In 2017, consumer electronic segment generated nearly USD 70 billion and is expected to reach around USD 100 billion by the end of 2022. Rising demand of vacuum coating in microelectronics application will provide humongous growth to the North America vacuum coating equipment market size in the coming years. On the contrary, the need of complex machines and equipment along with skilled operator may impede the business growth.

Various vacuum coating equipment include physical vapor deposition, chemical vapor deposition and magnetron sputtering. Physical vapor deposition holds nearly 40% of the entire market share in 2018 and will grow at a substantial CAGR in the coming years. The technique is applicable on locomotive parts such as gears, valve components, piston rings and pins, drive components, etc.

Magnetron sputtering application segment is used for gas sensors, opto storage devices, chip carriers and microelectronic circuits metallization, magnetic films, corrosion-resistant films, etc. Among all, chip carriers and microelectronic circuits metallization held around one-fourth of the market share and generated USD 1.3 billion in 2017.

U.S. generated revenue of over USD 5.0 billion in 2017 and will exhibit CAGR of more than 8.0% by the end of 2024. Flourishing electronics and aerospace industry in the U.S. will lead to adoption of vacuum coating technology. Increasing usage in automobile market as a substitute of other processes is expected to strengthen the market. Major vacuum coating equipment market participants are Scientific Vacuum Systems Ltd, Applied Materials, ULVAC Inc., and Semicore Equipment, Inc.

Select License

North America Vacuum Coating Equipment Market Share 2019-2024

Related Reports

North America Cybersecurity Market Value 2019 | Analysis Report

Europe Cybersecurity Market | Size Analysis Report 2019-25

North America Software Defined-Wide Area Network Market Value 2019-2025

Europe Software Defined-Wide Area Network Market Size 2019-2025

Why Choose us?
Share Social-media