According to a new market research report "Vapor Deposition Market by Technology (Chemical Vapor Deposition, Physical Vapor Deposition), by End-User Industry (Microelectronics, Cutting tools, Industrial & Energy, Medical, Decorative Coating) - Global Trends & Forecast to 2019", the CVD and PVD technology market is projected to grow from $ 17,702.7 million and $ 18,105.8 million in 2014 to $24,997.9 million and $ 24,392.6 million by 2019 respectively, with a respective CAGR of 7.1% and 6.1% between 2014 and 2019. It also explains the driving and restraining factors of the global CVD and PVD technology market with an analysis of trends, opportunities, and challenges.
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The vapor deposition market is segmented by type, by application, and by geography. The market size of each region such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) is projected in the report. The key countries such as U.S., China, Germany and Japan are covered and their market size is forecasted along with their growth rates.
Low pressure CVD (LPCVD) and Cathodic arc deposition: Biggest CVD and PVD technology segment
LPCVD is the biggest technology segment in the CVD equipment, holding more than 35.6% share of the CVD equipment market in 2014 and is projected to grow with a CAGR of 6.0% 2014 and 2019 to reach $6,005.6 million by 2019. However in the PVD equipment market Cathodic arc deposition technology emerged as the biggest segment accounting for nearly 60.1% of the PVD equipment market share in 2014 and is projected to grow with a CAGR of 6.3% between 2014 and 2019.
CVD and PVD equipment market, by end-use industries
The CVD and PVD market is segmented into six major end-use industry segments; they are microelectronics, cutting tools, industrial & energy, medical devices & equipment, and others. The demand for microelectronics segment accounted for the largest share in 2014, at $4,802.3 million and $6,681.5 million respectively for CVD and PVD equipment market; and it is projected to reach $ 7,285.4 and $ 6973.4 million by 2019 respectively for CVD and PVD equipment market. Asia-Pacific is estimated to be the largest region of microelectronics segment in 2014, followed by the North America.
Leading companies such as Applied Materials Inc. (U.S.), Adeka Corporation (Japan), Plasma Therm (U.S.), Aixtron SE ( Germany), Tokyo Electron Limited (Japan), IHI Group (Japan), Lam Research Corporation (U.S.), Kurt J Leskar and Veeco Instruments (U.S.) are focusing on development of new CVD and PVD equipment through research and innovation, in order to expand their customer base.
