Physical Vapor Deposition Market for Microelectronics, Storage, Solar Applications, Medical Equipments and Cutting Tools - Market Size and Industry Analysis & Forecast by 2019

Physical Vapor Deposition Market for Microelectronics,
Storage, Solar Applications, Medical Equipments and Cutting
Tools - Market Size and Industry Analysis & Forecast by 2019
Report Description
Physical vapor deposition (PVD) is one of the most suitable
technologies for providing a hard, wear-resistant coating on

medical devices and surgical instruments. The
biocompatibility of PVD coatings without any change in
sensitive steel tools makes it a suitable technology for metal
deposition needed in the medical industry.
The research report on the physical vapor deposition market
studies the market’s three product categories, namely PVD
equipment, PVD materials, and PVD services, and data
regarding the same is used for analyzing the developmental
status of the market at various stages during the forecast
period. Based on these figures, the study presents market size
estimates in terms of revenue (US$ mn) for physical vapor
deposition technology. The research report examines the
various market indicators such as market drivers, restraints,

and opportunities that are used to calculate forecast values
for the PVD market for the forecast period.
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In matters of competition, the study analyzes major players
in the global PVD market with the help of value chain
analysis and Porter’s five forces model. The report also
includes market share of the major companies in the PVD
market for 2012. The revenue generated from physical vapor
deposition products was used to calculate the market share of
major companies in this industry.

Overview of Physical Vapor Deposition Market
The global PVD market stood at US$10.9 bn in 2012. The
market for PVD is expected to expand at a CAGR of 9.50%
between 2013 and 2019, which will lead the PVD market to
a value of US$20.4 bn by 2019.
The global PVD market has been displaying healthy growth
over the past few years due to increasing use of PVD
technology in several end-use industries such as medical
equipment and microelectronics.
Increasing use of electronic devices such as computers and
smartphones has spurred the demand for durable

microelectronics for longer use of these applications. This is
consolidating the use of PVD technology for microelectronics,
in turn benefiting the global PVD market.
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However, patent protection of PVD technology poses a
challenge for the entry of new market players and also
requires high initial investments from new entrants. This is
limiting market participation, leading to relatively slow
growth of the PVD market.

Solar applications of PVD hold promise for the PVD market
due to limited exploration of the application of the
technology in this area.
The global PVD market is divided on the basis of product
type, end use, and geography. The growth of the market is
expected to be relatively uniform and equally distributed,
with each segment expected to contribute handsomely.
In 2012, PVD equipment dominated the market with a 65%
share in the overall market for PVD. However, from 2013 to
2019, it is the PVD services segment that will display the
fastest growth, at an expected CAGR of 9.70% during the
period.

Major Companies in Global PVD Market
Some of the major companies involved in the PVD industry
are AJA International, Platit, KDF, ULVAC Technologies,
Oerlikon Balzers, Hauzer Coating Technology, Leybold Optics,
and Semicore Equipment.
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