Chemical Vapor Deposition (CVD) Market Size and Growth Rate:
According to our research report, the Chemical Vapor Deposition (CVD) Market is expected to exceed USD XX million by 2025 and grow at a compound annual rate of X% from 2019 to 2025.
Chemical Vapor Deposition (CVD) Market – Key Growth Driving Forces:
The growing demand for microelectronic technology, such as mobile phones, laptops, storage devices and other electronic products, has had a positive impact on the market. It is also expected that constructive regulatory support for private investment at the national level, in countries such as Mexico, will stimulate this market during the forecast period. Increased consumer demand in Europe and Asia-Pacific to extend the longevity of commercial formulations based on metal coatings and for various surface-related properties, such as magnetic, optical, electronic and catalytic properties, as well as reliable electronic devices led to greater use of CVD equipment and services. The use of thin films of high performance in solar panels and photovoltaic devices makes the generation of solar energy one of the fastest growing sectors for the chemical vapor deposition market.
Chemical Vapor Deposition (CVD) Market - Regional Analysis:
Asia Pacific region dominated the chemical vapor deposition market in 2017, and is anticipated to continue to dominate the market during the forecast period. China is one of the major market for chemical vapor deposition owing to the heavy production of semiconductor, medical equipment, data storage & solar devices. The country is trying to vertically integrate electronics manufacturing industry, by stepping into the global semiconductor manufacturing industry. In 2015, the China State Council announced 10 year manufacturing plan called “Made in China 2025”, which focuses on high-end equipment manufacturing innovation and intelligent manufacturing.
Semiconductors, medical equipment, data storage and solar devices are the main end-use sectors that guide this regional market. In addition, a well-established electronic product manufacturing base in China, Taiwan and South Korea will provide additional impetus for market growth. Growing economies, rapid urbanization, the booming ecosphere of electronics manufacturing, contribute to the growth of the regional market in Asia-Pacific. Countries such as India, Vietnam, Indonesia and the Philippines are also experiencing rapid economic growth and provide a lucrative opportunity for licensors of CVD technology.
It is expected that the European market will show a potential growth in the coming years due to the demand for high durability products from applications that use a solid metal coating on the surfaces of the product to extend its life span. North America is the second leading region in 2016. Productive governmental regulatory support for encouraging domestic level private investment in the region is likely to boost the regional semiconductor industry, which in turn is expected to drive the North American chemical vapor deposition market during the forecast period.
Some of the promising companies leading the Chemical Vapor Deposition (CVD) Market Profiled in the Report are:
- Veeco Instruments, Inc.
- Ulvac, Inc.
- IHI Corporation (Ionbond)
- Applied Materials, Inc.
- Tokyo Electron Limited
- Adeka Corporation
- CVD Equipment Corporation
- Lam Research Corporation
- ASM International
- Mustang Vacuum Systems
- Oxford Instruments
- Oerlikon Balzers
This research report includes following segmentation for the Chemical Vapor Deposition (CVD) Market Size and forecast until 2025
Chemical Vapor Deposition (CVD) Market - By Category
- CVD Equipment
- CVD Materials
Chemical Vapor Deposition (CVD) Market - By Application
- Solar Panels
- Cutting Tools
- Medical Devices
Chemical Vapor Deposition (CVD) Market – By Geographical Segmentation
- South Korea
- ASEAN Countries
- Rest of Asia-Pacific
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Latin America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Reasons to Purchase Chemical Vapor Deposition (CVD) Market Report
- Identify the current and future prospects of the global Fusion Bonded Epoxy Coatings Marketing the developed and emerging markets
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- Information about the growth of the various end-user industry that are expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 months analyst support, along with the Market Estimate sheet (in Excel)