The use of vacuum coating via physical vapour deposition and chemical vapour deposition processes among others contribute in providing eminent features such as better functionality, uniform coverage, durability, corrosion resistance along with providing a better aesthetic appearance. This has further lead to the increase in the adoption of the vacuum coating equipment across various end-user industry verticals which include electronics, automation, energy and power, and automobiles.
MARKET SCOPE
The "Global Vacuum Coating Equipment Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the vacuum coating equipment market with detailed market segmentation by vacuum coating process, application, vertical, and geography. The report provides key statistics on the market status of the leading vacuum coating equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on vacuum coating process, the global vacuum coating equipment market is segmented into Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), and others.
- On the basis of application, the market is segmented into transparent electrical conductors, optical films, packaging, hard and wear-resistant coatings, and others.
- Based on vertical, the market is segmented into electronics, automotive, healthcare, and others.
MARKET DYNAMICS
Drivers:
- The market growth is driven by its application in diverse and multiple fields such as microelectronics, medical equipment, cutting tools, gas sensors, magnetic films, opto storage devices, polymerization and integrated circuits.
- The use of vacuum coating equipment to meet the functional requirements of durability such as scratch resistant as well as improved aesthetic appearance will positively surge the equipment demand for various applications.
Restraints:
- High startup cost and complexity associated with products may hinder the industry growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The vacuum coating equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the vacuum coating equipment market in these regions.
IMPACT OF COVID-19 ON VACUUM COATING EQUIPMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the vacuum coating equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from vacuum coating equipment market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the vacuum coating equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AJA International, Inc.
- Applied Materials, Inc.
- BCI Bl?sch Group.
- Buhler AG
- Izovac
- Kolzer S.R.L.
- Miba Coating Group
- Mustang Vacuum Systems
- CVD Equipment Corporation
- IHI Corporation