Physical Vapor Deposition (PVD) Coating System Market
Physical Vapor Deposition (PVD) Coating System Market Size, Share & Trends Analysis Report by Substrates (Nylon, Plastics, Glass, Ceramics, and Metals), by Materials (Titanium, Zirconium, Aluminum, Stainless Steel, and Copper),and by Application (Electronics and Panel Display, Optics and Glass, Automotive, Tools and Hardware, and Other)Forecast Period (2022-2028)
PVD coating system market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. PVD is a multistep process and is characterized by a procedure that includes the condensation of a substance to a vapour phase and again to a thin film condensed phase. PVD is widely used in the production of substances that require thin films for mechanical, optical, chemical, or electronic functions, and is semiconductor devices such as thin-film solar panels, aluminized PET film for food packaging and balloons, and titanium nitride-coated cutting tools for metalworking. Moreover, technological advancements, and contributions by key players such as Denton Vacuum, Diamond Materials Gmbh, and High-Temperature Superconductors, Inc., will further drive the market growth. For instance, in June 2022, High-Temperature Superconductors, Inc. announced a successful acquisition of PVD Products Inc., which specializes in the manufacturing of PVD techniques and PLD systems. The acquisition is expected to strengthen the market position of HTS, Inc.
Segmental Outlook
The global PVD coating system market is segmented based on substrates, materials, and applications. Based on substrates the market is sub-segmented into nylon, plastics, glass, ceramics and metals. Based on materials the market is sub-divided into titanium, zirconium, aluminium, stainless steel and copper. Based on application the market is categorized into electronics and panel display, optics and glass, automotive, tools and hardware, and others. Based on substrates, the plastic PVD coating segment is expected to grow at a significant rate, owing to its corrosion-resistant electroplating property that improves the finishing of the surface, and provides superior performance while posing no environmental risks, to various products such as automotive parts, electronics, and semiconductor. However, the PVD glass segment has registered a favourable growth during the forecast period, owing to its Low-e glass feature that aids in the reduction of heat loss, which is becoming increasingly important in the construction industry.
The electronics and panel display segment held a favourable market share in the PVD coating system market. This is attributed to the extensive application of physical vapour deposition coating in consumer electronics, home appliances, and other electronic products. The rising consumer spending and demand for electronic products are expected to facilitate market growth. Moreover, the government’s financial support and numerous schemes for promoting the growth of electronics, semiconductors and display products will further drive the segment growth. for instance, according to the National Investment Promotion & Facilitation Agency, The global electronic devices market was $2.9 trillion in 2020, and India’s share in the global electronic systems manufacturing industry has grown from 1.3% in 2012 to 3.6% in 2019. As per the same source, India’s semiconductor market is set to increase from $15 Billion in 2020 to $110 Billion in 2030, growing at a CAGR of 22%.
Regional Outlooks
The global PVD coating system market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to a prominent growth owing to the wide availability of manufacturers of various industries such as healthcare, consumer electronics, and microelectronics, which generates a huge demand for PVD coating systems in the North American region. However, the Asia-Pacific region is projected to experience considerable growth in the PVD coating system market.
Global PVD Coating System Market Growth, by Region2022-2028
The Asia-Pacific Region Is Expected toHold a Prominent Share in the Global PVD Coating System Market
The Asia-Pacific is expected to account for the largest revenue share during the forecast period. This is due to increasing activities such as expansion, partnership, and collaboration by key market players which include Laxmi Pipe Industries, PrimCoat PVD Technology India Pvt Ltd., Impact Coatings, in this region. For instance, in April 2022, Impact Coatings announced the opening of a subsidiary in China with headquarters in Shanghai. The objective of the opening is to distribute Impact Coatings’ PVD coatings for hydrogen solutions and to improve the availability of coating services solutions to Chinese customers in the hydrogen value chain. Moreover, the rising application of PVD coating in various end-user industries such as automotive, aerospace, and metal in major countries of Asia-Pacific such as China, and India will further fuel the market growth. For instance, according to Organisation Internationale des Constructeurs d'Automobiles (OICA), around 4,399,112 vehicles were produced in 2021, which increased by 30% compared to 3,381,819 units manufactured in 2020 in India.
Market Players Outlook
The major companies serving the global PVD coating system market include Hef, Ihi Corp. , Impact Coatings AB, Inorcoat., Intevac, Inc and others.The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2020, Oerlikon has acquired D-Coat GmbH. The acquisition expands Oerlikon Balzers’ portfolio of surface treatment technologies, especially for cutting tools applied in the aerospace and automotive industries. This is expected to expand the company’s surface treatment technology in the diamond coating services portfolio and further gain a competitive edge over its rivals.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global PVD coating system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Company
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Development
3.3. Key Strategy Analysis
4. Market Segmentation
4.1. Global PVD Coating System Market by Substrates
4.1.1. Nylon
4.1.2. Plastics
4.1.3. Glass
4.1.4. Ceramics
4.1.5. Metals
4.2. Global PVD Coating System Market by Materials
4.2.1. Titanium
4.2.2. Zirconium
4.2.3. Aluminum
4.2.4. Stainless Steel
4.2.5. Copper
4.3. Global PVD Coating System Market by Application
4.3.1. Electronics and Panel Display
4.3.2. Optics and Glass
4.3.3. Automotive
4.3.4. Tools and Hardware
4.3.5. Other
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Advanced Coating Service
6.2. Anglo American Plc
6.3. Angstrom Engineering Inc.
6.4. Denton Vacuum.
6.5. Diamond Materials Gmbh
6.6. Hef
6.7. Ihi Corp.
6.8. Impact Coatings AB
6.9. Inorcoat.
6.10. Intevac, Inc.
6.11. Kobe Steel Ltd
6.12. Kolzer
6.13. Kurt Lesker Co
6.14. Lafer S.P.A.
6.15. Morgan Advanced Materials Plc
6.16. Nissin Electric Co.,Ltd
6.17. Oc Oerlikon Corp. Ag
6.18. Sp3 Diamond Tech
6.19. Sumitomo Electric Industries Ltd
6.20. Voestalpine High Performance Metals India Pvt. Ltd.
1. GLOBAL PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY SUBSTRATES, 2021-2028 ($ MILLION)
2. GLOBAL NYLON PVD COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PLASTICS PVD COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL GLASS PVD COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CERAMICS AND METALS PVD COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2021-2028 ($ MILLION)
7. GLOBAL TITANIUM BASED PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBALZIRCONIUM BASED PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ALUMINUM BASED PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL STAINLESS STELL BASED PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL COPPER BASED PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
13. GLOBAL PVD COATING SYSTEM FOR Electronics and Panel Display MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL PVD COATING SYSTEM FOR OPTICS AND GLASS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL PVD COATING SYSTEM FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL PVD COATING SYSTEM FOR TOOLS AND HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL PVD COATING SYSTEM FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. NORTH AMERICAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY SUBSTRATES, 2021-2028 ($ MILLION)
21. NORTH AMERICAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2021-2028 ($ MILLION)
22. NORTH AMERICAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. EUROPEAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. EUROPEAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY SUBSTRATES, 2021-2028 ($ MILLION)
25. EUROPEAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2021-2028 ($ MILLION)
26. EUROPEAN PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY SUBSTRATES, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
31. REST OF THE WORLD PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. REST OF THE WORLD PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY SUBSTRATES, 2021-2028 ($ MILLION)
33. REST OF THE WORLD PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2021-2028 ($ MILLION)
34. REST OF THE WORLD PVD COATING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL PVD COATING SYSTEM MARKET SHARE BY SUBSTRATES, 2021 VS 2028 (%)
2. GLOBAL NYLON PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL PLASTICS PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL GLASS PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL CERAMICS AND METALS PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL PVD COATING SYSTEM MARKET SHARE BY MATERIALS, 2021 VS 2028 (%)
7. GLOBAL TITANIUM BASED PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL ZIRCONIUM BASED PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL ALUMINIUM BASED PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL STAINLESS STEEL BASED PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL COPPER BASED PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL PVD COATING SYSTEM MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
13. GLOBAL PVD COATING SYSTEM FOR ELECTRONICS AND PANEL DISPLAY MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL PVD COATING SYSTEM FOR OPTICS AND GLASS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL PVD COATING SYSTEM FOR AUTOMOTIVE MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL PVD COATING SYSTEM FOR TOOLS AND HARDWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL PVD COATING SYSTEM FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL PVD COATING SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. US PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
20. CANADA PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
21. UK PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
22. FRANCE PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
23. GERMANY PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
24. ITALY PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
25. SPAIN PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF EUROPE PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
27. INDIA PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
28. CHINA PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
29. JAPAN PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
30. SOUTH KOREA PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF ASIA-PACIFIC PVD COATING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD PVD COATING SYSTEMMARKET SIZE, 2021-2028 ($ MILLION)
