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Global Physical Vapor Deposition Market is Expected to Reach USD 20.45 Billion by 2019: Transparency Market Research
Date:7/18/2014

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Browse Press Release of Physical Vapor Deposition Market @ http://www.transparencymarketresearch.com/pressrelease/physical-vapor-deposition-market.htm

Major application segments for PVD equipment include microelectronics, storage, solar applications, cutting tools and others such as industrial, optics and packaging. Microelectronics was the major application segment with more than 45% of total revenue generated by the PVD equipment market in 2012. With rising demand for precision technology, demand graph for microelectronics is anticipated to rise in the next few years. The medical equipment segment is expected to be the fastest growing application, expanding at a CAGR of 10.2% from 2013 to 2019. Storage devices used in netbooks, laptops and computers, among others, occupied a significant share in the global PVD equipment market.

With the presence of a large number of end-use companies, Asia Pacific accounted for more than 50% of the global PVD market in 2012. A large number of PVD service providers are emerging in the region due to a significant increase in demand for PVD and attractive profit margins. Developed regions such as North America and Europe have significant number of PVD equipment and service providers. However, demand for PVD is low in these regions as compared to Asia Pacific due to the presence of a less number of end-use companies. Rest of the World including Latin America, the Middle East and Africa is projected to grow at a CAGR of 9.7% during the forecast period.

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