- The global market for the PVD (physical vapor deposition) industry was $9.2 billion in 2010 and $9.9 billion in 2011. BCC projects this market to reach nearly $15 billion by 2016 at a compound annual growth rate (CAGR) of 8.5% between 2011 and 2016.
- PVD equipment represents the largest market segment, as shipments are projected to grow at a compound annual growth rate (CAGR) of 7.9% from $7.1 billion in 2011 to reach an estimated $10.4 billion in 2016.
- Materials deposited by PVD were estimated at $1.6 billion in 2011 and they are projected to reach nearly $2.7 billion in 2016, a CAGR of 11.3%.
STUDY GOALS AND OBJECTIVES
BCC Research’s goal in conducting this study was to determine the current status of the global market for physical vapor deposition (PVD) equipment, material deposited by the process and deposition services. We also sought to assess the worldwide growth potential for this technology from 2010 through 2016. We were particularly interested in the types of equipment and materials being used in consumer and industrial applications. We were also again interested in the status of the industry in relation to the continuing global economic and currency problems and the impact they had on equipment demand.
Our major objective was to present a comprehensive analysis of the PVD industry and project its future course.
REASONS FOR DOING THE STUDY
PVD has been a proven technology over the past several decades. Its use has made possible more sophisticated manufacturing and fabrication techniques. Smaller sized products have also broadened the demand for vapor deposited materials. New and existing products require materials that can be delivered by vacuum deposition of films on a growing variety of substrates.
We have examined the current position of PVD technologies and materials in eight major industries. We were interested in what materials and types of PVD systems were being used to meet demands for more sophisticated products. We also analyzed the movements in PVD demand for particular industries caused by the economic downturn of 2007-2008 and the continuing current business problems.
We present an overview of deposition technologies and future trends, along with a global industry structure, including leading manufacturers of equipment and service providers. A review of the PVD industry’s competitiveness in each of the eight market sectors is also provided. Within each industry, there is an overview of key applications, the advantages of using PVD, an analysis of market factors that will impact demand, shipments for 2010 and 2011, and estimated shipments for 2016.
This study will be of interest to those in the microelectronics business, manufacturers of cutting tools, specialty packagers, maker of storage equipment and media, companies in the solar energy business, manufacturers of automotive and aerospace parts, medical device makers and those in the optics industry. It will also be of interest to companies engaged in the manufacture of deposition equipment and materials and to surface coaters.
SCOPE OF REPORT
This study encompasses PVD technologies and materials in terms of application, properties and processes. BCC Research analyzes the major types of PVD systems and materials used to manufacture products in eight key industries. Applications are discussed, as are properties imparted by PVD. Trends in demand also are reviewed and their impacts on PVD are assessed.
Market drivers within each industry are identified. Materials deposited by PVD are analyzed according to basic functions (e.g., wear resistance, abrasion and corrosion resistance, conductivity and barrier protection). The value of PVD equipment shipments is projected within each industry by type of system. Material shipment values are projected, along with PVD service revenues. Technological issues and trends are reviewed, and other influential factors such as economic conditions and standards are discussed.
Because this is a global study, BCC Research analyzes domestic and international technological issues and economic considerations.
BCC Research presents an analysis of the value of PVD systems, materials deposited and services provided by type of system, material and industry segment. Estimated value is what manufacturers and material providers have paid in current dollars. Then, based on our surveys, we analyze industry growth in relation to the growth of PVD technology, calculate estimates of growth, and forecast shipments for 2014.
BCC Research interviewed approximately 130 companies to obtain data for this report. Included were manufacturers of PVD equipment, material suppliers, deposition service providers, industrial and consumer product manufacturing companies, and various end users of products fabricated using the PVD process. Additional data were obtained from government information, trade associations, industry and financial sources, and an exhaustive review of technical literature.
After a successful career at IBM, Robert H. Moran has written extensively as a research analyst and editor at BCC Research. The topics of his reports range from various deposition technologies to displays, solar energy and solid-state lighting. Mr. Moran has been writing for BCC Research for more than 20 years. He earned a B.S. degree in Economics from the University of Pennsylvania.