Vacuum Coating Equipment Market to witness steady growth of 6.5% during 2020-2026

Global vacuum coating equipment market size, which is expected to reach USD 38 billion in value by 2026, is likely to witness significant growth due to the expanding automotive, aviation and power generation industries. The ability of vacuum coating equipment to render aesthetic appearance, scratch resistance and durability will support the demand for the product in the rapidly growing consumer electronics network.

Vacuum coating is essentially an alternative technology that is used for electroplating, especially for chrome plating due to the carcinogenic property of chrome and its consequent ban in different regions owing to severe health complications. Economic improvement across both developed and emerging nations is propelling the demand for consumer electronics like smartphones, laptops, cameras, and PCs among various others, where the technology is used.

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The vacuum coating equipment market is poised to observe noteworthy growth owing to the rapid advancements in the electronics industry. Usually, vacuum coating is considered as a viable alternative for electroplating. The technology offers added advantages to products over conventional coating methods like better shelf life, scratch protection, and brighter colors. It is eco-friendly in nature and comes in line with almost all environmental regulations.

These firms are constantly working on technological innovations as well as product advancement to enhance their business reach. Moreover, they are implementing growth strategies like strategic acquisitions, cost optimization and geographic expansion to diversify their product portfolio.

Earlier in 2019, the chemical vapor deposition technology recorded over 50% share in vacuum coating equipment market, and is anticipated to garner significant growth by 2026. The technology plays a crucial role in the manufacturing of photovoltaic devices and Integrated Circuits (ICs), and is experiencing noteworthy traction owing to heavy demand for such products.

However, the technology comprises of high operational and initial installation cost, factor that may refrain its adoption. Nonetheless, its ability to encompass multiple specifications, size, and shape of products could augment its share in vacuum coating equipment market.

Latin America is considered as a lucrative revenue ground for vacuum coating equipment market and is anticipated to surpass the growth rate of Middle East and Europe by 2026. LATAM is known as the largest manufacturer of metal commodities as it houses huge quantities of iron ore and copper reserves and develops significantly in proportion to global production.

Vacuum coating technologies have a comparatively broader scope in the region among several applications that usually include metal-organic frameworks and metalizing for chip carriers & microelectronic circuits. With this, estimates claim that Latin America vacuum coating equipment market may record a growth rate of almost 5% by 2026.

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Vacuum coating equipment plays a crucial role in the manufacturing of photovoltaic devices and Integrated Circuits (ICs). It holds prominence in polymerization and metal-organic frameworks applications like adsorption, gas storage, catalysis, storage & purification, low thermally conductive dielectrics and gas sensing, drug delivery, and liquid separation & purification. In addition to this, vacuum coating equipment are used with other chemical vapor deposition applications include fibers, automotive components, and powders, to name a few.

Currently, BCI Blösch group, Buhler AG, Applied Materials, PVD Products Inc., Singulus Technologies AG, and Kolzer SRL are leading the vacuum coating equipment manufacturers that offer a unique product lineup.

Table of Contents (ToC) of the report:

Chapter 5. Vacuum Coating Equipment Market, By Application

5.1.    Vacuum coating equipment market application insights

5.2.    Physical vapor deposition (PVD) application

5.2.1. Market estimates and forecast, 2016 - 2026

5.2.2. Market estimates and forecast, by region, 2016 - 2026

5.2.3. Microelectronics

5.2.3.1.    Market estimates and forecast, 2016 - 2026

5.2.3.2.    Market estimates and forecast, by region, 2016 - 2026

5.2.4. Data storage

5.2.4.1.    Market estimates and forecast, 2016 - 2026

5.2.4.2.    Market estimates and forecast, by region, 2016 - 2026

5.2.5. Solar

5.2.5.1.    Market estimates and forecast, 2016 - 2026

5.2.5.2.    Market estimates and forecast, by region, 2016 - 2026

5.2.6. Medical equipment

5.2.6.1.    Market estimates and forecast, 2016 - 2026

5.2.6.2.    Market estimates and forecast, by region, 2016 - 2026

5.2.7. Cutting tools

5.2.7.1.    Market estimates and forecast, 2016 - 2026

5.2.7.2.    Market estimates and forecast, by region, 2016 - 2026

5.2.8. Others (automotive components, aerospace parts, packaging, etc.)

5.2.8.1.    Market estimates and forecast, 2016 - 2026

5.2.8.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.    Magnetron sputtering application

5.3.1. Market estimates and forecast, 2016 - 2026

5.3.2. Market estimates and forecast, by region, 2016 - 2026

5.3.3. Metallizing for microelectronic circuits and chip carriers

5.3.3.1.    Market estimates and forecast, 2016 - 2026

5.3.3.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.4. Electrical resistance films

5.3.4.1.    Market estimates and forecast, 2016 - 2026

5.3.4.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.5. Magnetic films

5.3.5.1.    Market estimates and forecast, 2016 - 2026

5.3.5.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.6. Opto storage devices

5.3.6.1.    Market estimates and forecast, 2016 - 2026

5.3.6.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.7. Corrosion-resistant films

5.3.7.1.    Market estimates and forecast, 2016 - 2026

5.3.7.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.8. Gas sensors

5.3.8.1.    Market estimates and forecast, 2016 - 2026

5.3.8.2.    Market estimates and forecast, by region, 2016 - 2026

5.3.9. Others (drills, aerospace parts, automotive components, insulating films, etc.)

5.3.9.1.    Market estimates and forecast, 2016 - 2026

5.3.9.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.    Chemical vapor deposition (CVD) application

5.4.1. Market estimates and forecast, 2016 - 2026

5.4.2. Market estimates and forecast, by region, 2016 - 2026

5.4.3. Integrated circuits (ICs) & photovoltaic devices

5.4.3.1.    Market estimates and forecast, 2016 - 2026

5.4.3.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.4. Polymerization

5.4.4.1.    Market estimates and forecast, 2016 - 2026

5.4.4.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.5. Metal-organic frameworks

5.4.5.1.    Market estimates and forecast, 2016 - 2026

5.4.5.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.5.3.    Gas storage, adsorption, & purification

5.4.5.3.1.    Market estimates and forecast, 2016 - 2026

5.4.5.3.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.5.4.    Catalysis

5.4.5.4.1.    Market estimates and forecast, 2016 - 2026

5.4.5.4.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.5.5.    Gas sensing & low k-dielectrics

5.4.5.5.1.    Market estimates and forecast, 2016 - 2026

5.4.5.5.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.5.6.    Others (liquid separation & purification, drug delivery, etc.)

5.4.5.6.1.    Market estimates and forecast, 2016 - 2026

5.4.5.6.2.    Market estimates and forecast, by region, 2016 - 2026

5.4.6. Others (automotive components, fibers, powders, etc.)

5.4.6.1.    Market estimates and forecast, 2016 - 2026

5.4.6.2.    Market estimates and forecast, by region, 2016 - 2026

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