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AMAT
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179 days

$49.2 Bn Physical Vapor Deposition Market Opportunities and Strategies to 2033: Applied Materials Leads Fragmented Market (8.36%), Followed by OC Oerlikon and Kobe Steel

1. AMAT holds 8.36% market share; largest competitor by volume. 2. Semiconductor, automotive, and renewables drive PVD growth. Economic uncertainties persist. 3. PVD equipment leads; services segment and Asia-Pacific offer rapid expansion.

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FAQ

Why Bullish?

The article highlights AMAT's leading position amid robust growth trends in semiconductors, automotive and renewables. Historically, similar tech investments in PVD have bolstered market perceptions and share prices.

How important is it?

The report underscores core market trends directly affecting AMAT’s scale and strategy, yet market fragmentation and external uncertainties moderate immediate influence.

Why Long Term?

Forecasts indicate expansion until at least 2028-2033, with strategic shifts and regional growth influencing sustainability. Long-term trends in technology and industrialization typically drive enduring price improvements.

Related Companies

OC Oerlikon GroupKobe Steel LtdVoestalpine AGULVAC Inc
The global physical vapor deposition market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 23.40% of the total market in 2023. Applied Materials, Inc was the largest competitor with a 8.36% share of the market, followed by OC Oerlikon group with 5.00%, Kobe Steel Ltd with 2.56%, Voestalpine AG with 2.54%, ULVAC Inc with 1.49%, Mitsubishi Materials Corporation with 1.29%, Sumitomo Electric Industries Ltd with 0.81%, HEF Group with 0.73%, Veeco Instruments Inc with 0.31% and Singulus Technologies AG with 0.31%.Growth in the historic period resulted from the growth of the automotive industry, increasing demand in the semiconductor industry, rising medical device manufacturing and increasing demand for consumer electronics. Factors that negatively affected growth in the historic period include a lack of raw materials and economic uncertainties or downturns. Going forward, the growth in renewable energy sector, increasing industrialization, strong economic growth in emerging markets and favorable government initiatives will drive the market. Factors that could hinder the growth of the physical vapor deposition market in the future include a lack of skilled workers.The physical vapor deposition market is segmented by type into PVD equipment, PVD materials and PVD services. The PVD equipment market was the largest segment of the physical vapor deposition market segmented by type, accounting for 55.14% or $11.8 billion of the total in 2023. Going forward, the PVD services segment is expected to be the fastest growing segment in the physical vapor deposition market segmented by type, at a CAGR of 9.33% during 2023-2028.The physical vapor deposition market is segmented by process into thermal evaporation, arc evaporation and sputter deposition. The sputter deposition market was the largest segment of the physical vapor deposition market segmented by process, accounting for 47.18% or $10.1 billion of the total in 2023. Going forward, the sputter deposition segment is expected to be the fastest growing segment in the physical vapor deposition market segmented by process, at a CAGR of 8.71% during 2023-2028.The physical vapor deposition market is segmented by application into microelectronics, data storage, solar products, cutting tools, medical equipment and other applications. The microelectronics market was the largest segment of the physical vapor deposition market segmented by application, accounting for 33.59% or $7.2 billion of the total in 2023. Going forward, the solar products segment is expected to be the fastest growing segment in the physical vapor deposition market segmented by application, at a CAGR of 9.97% during 2023-2028.Asia-Pacific was the largest region in the physical vapor deposition market, accounting for 39.72% or $8.5 billion of the total in 2023. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the physical vapor deposition market will be Asia-Pacific and Africa, where growth will be at CAGRs of 9.49% and 9.08% respectively. These will be followed by the Middle East and South America, where the markets are expected to grow at CAGRs of 8.59% and 7.98% respectively.The top opportunities in the physical vapor deposition market segmented by type will arise in the PVD equipment segment, which will gain $5.3 billion of global annual sales by 2028. The top opportunities in the physical vapor deposition market segmented by process will arise in the sputter deposition segment, which will gain $5.2 billion of global annual sales by 2028. The top opportunities in the physical vapor deposition market segmented by application will arise in the microelectronics segment, which will gain $3.5 billion of global annual sales by 2028. The physical vapor deposition market size will gain the most in China at $2.8 billion.Market-trend-based strategies for the physical vapor deposition market include focus on development of advanced arc technology for enhanced efficiency and remote management, introduction of advanced PVD sputtering systems for fuel cell production efficiency, focus on semiconductor manufacturing with ion beam technology, innovations in surface technologies to enhance PVD coatings for business jet engine components and transforming energy infrastructure with the significance of floating regasification barges.Player-adopted strategies in the physical vapor deposition market include focus on expanding business operations through new product developments and strengthening business operations through strategic partnerships.To take advantage of the opportunities, the analyst recommends the physical vapor deposition companies to focus on developing advanced ARC technology, focus on advanced PVD sputtering systems for fuel cells, focus on ion beam technology for semiconductor manufacturing, focus on expanding innovations in aerospace surface technologies, focus on expanding floating regasification solutions for ammonia, focus on PVD services market segment, expand in emerging markets, continue to focus on developed markets, focus on expanding strategic partnerships, provide competitively priced offerings, continue to use B2B promotions, focus on trade shows and partnerships and focus on targeting solar products manufacturers.Executive Summary:Physical Vapor Deposition Global Market Opportunities and Strategies to 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global physical vapor deposition market as it emerges from the COVID-19 shut down.Reasons to Purchase:Key Topics Covered:1 Executive Summary1.1 Physical Vapor Deposition - Market Attractiveness and Macro economic Landscape2 Table of Contents3 List of Tables4 List of Figures5 Report Structure6 Market Characteristics6.1 General Market Definition6.2 Summary6.3 Physical Vapor Deposition Market Definition and Segmentations6.4 Market Segmentation by Type6.4.1 PVD Equipment6.4.2 PVD Materials6.4.3 PVD Services6.5 Market Segmentation by Process6.5.1 Thermal Evaporation6.5.2 Arc Evaporation6.5.3 Sputter Deposition6.6 Market Segmentation by Application6.6.1 Microelectronics6.6.2 Data Storage6.6.3 Solar Products6.6.4 Cutting Tools6.6.5 Medical Equipment6.6.6 Other Applications7 Major Market Trends7.1 Development of Advanced Arc Technology For Enhanced Efficiency and Remote Management7.2 Introduction of Advanced PVD Sputtering Systems For Fuel Cell Production Efficiency7.3 Revolutionizing Semiconductor Manufacturing With Ion Beam Technology7.4 Innovations in Surface Technologies To Enhance PVD Coatings For Business Jet Engine Components7.5 Transforming Energy Infrastructure With the Significance of Floating Regasification Barges8 Physical Vapor Deposition Market - Macro Economic Scenario8.1 COVID-19 Impact on the Physical Vapor Deposition Market8.2 Impact of the War in Ukraine on the Physical Vapor Deposition Market8.3 Impact of High Inflation on the Physical Vapor Deposition Market9 Global Market Size and Growth9.1 Market Size9.2 Historic Market Growth, 2018-2023, Value ($ Million)9.2.1 Market Drivers 2018-20239.2.2 Market Restraints 2018-20239.3 Forecast Market Growth, 2023-2028, 2033F Value ($ Million)9.3.1 Market Drivers 2023-20289.3.2 Market Restraints 2023-202810 Global Physical Vapor Deposition Market Segmentation10.1 Global Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)10.2 Global Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)10.3 Global Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)11 Physical Vapor Deposition Market, Regional and Country Analysis11.1 Global Physical Vapor Deposition Market, by Region, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)11.2 Global Physical Vapor Deposition Market, by Country, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12 Asia-Pacific Market12.1 Summary12.1.1 Market Overview12.1.2 Region Information12.1.3 Market Information12.1.4 Background Information12.1.5 Government Initiatives12.1.6 Regulations12.1.7 Regulatory Bodies12.1.8 Major Associations12.1.9 Taxes Levied12.1.10 Corporate Tax Structure12.1.11 Investments12.1.12 Major Companies12.2 Asia Pacific Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.3 Asia Pacific Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.4 Asia Pacific Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.5 Asia-Pacific Physical Vapor Deposition Market: Country Analysis12.6 China Market12.7 Summary12.7.1 Market Overview12.7.2 Country Information12.7.3 Market Information12.7.4 Background Information12.7.5 Government Initiatives12.7.6 Regulations12.7.7 Regulatory Bodies12.7.8 Major Associations12.7.9 Taxes Levied12.7.10 Corporate Tax Structure12.7.11 Investments12.7.12 Major Companies12.8 China Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.9 China Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.10 China Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.11 India Market12.12 India Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.13 India Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.14 India Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.15 Japan Market12.16 Japan Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.17 Japan Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.18 Japan Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.19 Australia Market12.20 Australia Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.21 Australia Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.22 Australia Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.23 Indonesia Market12.24 Indonesia Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.25 Indonesia Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.26 Indonesia Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.27 South Korea Market12.28 South Korea Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.29 South Korea Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)12.30 South Korea Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13 Western Europe Market13.1 Summary13.1.1 Market Overview13.1.2 Region Information13.1.3 Market Information13.1.4 Background Information13.1.5 Government Initiatives13.1.6 Regulations13.1.7 Regulatory Bodies13.1.8 Major Associations13.1.9 Taxes Levied13.1.10 Corporate tax structure13.1.11 Investments13.1.12 Major Companies13.2 Western Europe Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.3 Western Europe Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.4 Western Europe Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.5 Western Europe Physical Vapor Deposition Market: Country Analysis13.6 UK Market13.7 UK Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.8 UK Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.9 UK Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.10 Germany Market13.11 Germany Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.12 Germany Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.13 Germany Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.14 France Market13.15 France Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.16 France Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.17 France Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.18 Italy Market13.19 Italy Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.20 Italy Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.21 Italy Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.22 Spain Market13.23 Spain Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.24 Spain Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)13.25 Spain Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)14 Eastern Europe Market14.1 Summary14.1.1 Market Overview14.1.2 Region Information14.1.3 Market Information14.1.4 Background Information14.1.5 Government Initiatives14.1.6 Regulations14.1.7 Regulatory Bodies14.1.8 Major Associations14.1.9 Taxes Levied14.1.10 Corporate Tax Structure14.1.11 Major companies14.2 Eastern Europe Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)14.3 Eastern Europe Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)14.4 Eastern Europe Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)14.5 Eastern Europe Physical Vapor Deposition Market: Country Analysis14.6 Russia Market14.7 Russia Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)14.8 Russia Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)14.9 Russia Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15 North America Market15.1 Summary15.1.1 Market Overview15.1.2 Region Information15.1.3 Market Information15.1.4 Background Information15.1.5 Government Initiatives15.1.6 Regulations15.1.7 Regulatory Bodies15.1.8 Major Associations15.1.9 Taxes Levied15.1.10 Corporate Tax Structure15.1.11 Investments15.1.12 Major Companies15.2 North America Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.3 North America Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.4 North America Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.5 North America Physical Vapor Deposition Market: Country Analysis15.6 USA Market15.7 Summary15.7.1 Market Overview15.7.2 Country Information15.7.3 Market Information15.7.4 Background Information15.7.5 Government Initiatives15.7.6 Regulations15.7.7 Regulatory Bodies15.7.8 Major Associations15.7.9 Taxes Levied15.7.10 Corporate Tax Structure15.7.11 Investments15.7.12 Major Companies15.8 USA Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.9 USA Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.10 USA Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.11 Canada Market15.12 Canada Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.13 Canada Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)15.14 Canada Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)16 South America Market16.1 Summary16.1.1 Market Overview16.1.2 Region Information16.1.3 Market Information16.1.4 Background Information16.1.5 Government Initiatives16.1.6 Regulations16.1.7 Regulatory Bodies16.1.8 Major Associations16.1.9 Taxes Levied16.1.10 Corporate Tax Structure16.1.11 Major Companies16.2 South America Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)16.3 South America Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)16.4 South America Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)16.5 South America Physical Vapor Deposition Market: Country Analysis16.6 Brazil Market16.7 Brazil Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)16.8 Brazil Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)16.9 Brazil Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)17 Middle East Market17.1 Summary17.1.1 Market Overview17.1.2 Region Information17.1.3 Market Information17.1.4 Background Information17.1.5 Government Initiatives17.1.6 Regulations17.1.7 Regulatory Bodies17.1.8 Major Associations17.1.9 Taxes Levied17.1.10 Corporate Tax Structure17.1.11 Major Companies17.2 Middle East Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)17.3 Middle East Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)17.4 Middle East Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)18 Africa Market18.1 Summary18.2.1 Market Overview18.2.2 Region Information18.2.3 Market Information18.2.4 Background Information18.2.5 Regulations18.2.6 Regulatory Bodies18.2.7 Major Associations18.2.8 Taxes Levied18.2.9 Corporate Tax Structure18.2.10 Major Companies18.3 Africa Physical Vapor Deposition Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)18.4 Africa Physical Vapor Deposition Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)18.5 Africa Physical Vapor Deposition Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)19 Competitive Landscape and Company Profiles19.1 Company Profiles19.2 Applied Materials Inc19.2.1 Company Overview19.2.2 Products and Services19.2.3 Business Strategy19.2.4 Financial Overview19.3 OC Oerlikon Group19.3.1 Company Overview19.3.2 Products and Services19.3.3 Business Strategy19.3.4 Financial Overview19.4 Kobe Steel Ltd19.4.1 Company Overview19.4.2 Products and Services19.4.3 Business Strategy19.4.4 Financial Overview19.5 Voestalpine AG19.5.1 Company Overview19.5.2 Products and Services19.5.3 Financial Overview19.6 ULVAC Inc19.6.1 Company Overview19.6.2 Products and Services19.6.3 Business Strategy19.6.4 Financial Overview20 Competitive Benchmarking21 Competitive Dashboard22 Key Mergers and Acquisitions22.1 Judges Scientific Acquired Teer Coatings22.2 Plasma-Therm Acquired Thin Film Equipment22.3 Veeco Instruments Acquired Epiluvac22.4 High-Temperature Superconductors Acquired PVD Products22.5 Dalrada Acquired Deposition Technology22.6 Lincotek Acquired Danco Medical22.7 SDC Technologies Acquired COTEC23 Opportunities and Strategies23.1 Global Physical Vapor Deposition Market in 2028 - Countries Offering Most New Opportunities23.2 Global Physical Vapor Deposition Market in 2028 - Segments Offering Most New Opportunities23.3 Global Physical Vapor Deposition Market in 2028 - Growth Strategies23.3.1 Market Trend-based Strategies23.3.2 Competitor Strategies24 Physical Vapor Deposition Market, Conclusions and Recommendations24.1 Conclusions24.2 Recommendations24.2.1 Product24.2.2 Place24.2.3 Price24.2.4 Promotion24.2.5 People25 Appendix25.1 Geographies Covered25.2 Market Data Sources25.3 Research Methodology25.4 Currencies25.5 About the Analyst25.6 Copyright and DisclaimerCompanies FeaturedAbout ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. 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