Global Physical Vapor Deposition (Pvd) Market Estimated to Reach Us$ 21,898.8 Mn by 2024: Transparency Market Research

Transparency Market

Research

Physical Vapor Deposition Market - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

Published Date

03-Oct-2016

145 Page Report

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Press Release

Global Physical Vapor Deposition (PVD) Market: Physical and

Environmental Benefits over Conventional Coatings to Boost

Demand

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Physical Vapor Deposition Market

REPORT DESCRIPTION

Physical Vapor Deposition Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2016 – 2024

Transparency Market Research has published a new report titled “Physical Vapor Deposition (PVD Equipment,

PVD Materials, and PVD Services) Market for Microelectronics, Storage, Solar, Medical Equipment, Cutting

Tools, and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–

2024.” According to the report, the global PVD market was valued at US$ 13,600.0 Mn in 2015 and is

anticipated to reach US$ 21,898.8 Mn by 2024, expanding at a CAGR of 5.5% between 2016 and 2024.

PVD is a vacuum coating process, wherein various materials are coated on substrates to form a thin protective

film. This coating exhibits higher strength and durability, and corrosion-resistant properties than the

conventional coating process. The PVD market can be segmented into PVD equipment, PVD materials, and

PVD services. PVD technology is employed in various industries such as microelectronics, data storage

devices, medical equipment, solar panels, and construction industry.

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High demand for PVD coating to reduce heat losses through architectural glass is a primary factor driving the

PVD market. PVD coated low–E glass is gaining traction in Europe and...