Industry Background:
The sputter coating is mainly used for the production of a transparent conductive oxide film on the substrate and can be used in various applications, such as solar panels, flat screens, and semiconductors, among others. Sputter coating is a physical vapour deposition process used to apply a very thin, functional coating on a substrate. Sputtering occurs when the surface of a target is bombarded with ions, knocking out the atoms of the target. In order to form a film, a deposit’s atoms are sputtered onto a surface, a sputter coating is created.
According to AMA Research, the market for Sputter Coating is expected to register a CAGR of 4.9% during the forecast period to 2027. This growth is primarily driven by Growing demand for electronic and electrical equipment in developing economies owing to the rise in per capita income, and increasing consumer purchasing power is the key driving factor for the growth of the market.
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Materials sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Materion Corporation (United States), ULVAC (Japan), JX Nippon Mining & Metal (Japan), Heraeus (Germany), Honeywell (United States), Umicore (Belgium), Praxair (United States), Tosoh SMD (United States), Soleras Advanced Coatings (United States) and Quorum Technologies (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2022, SDI Group PLC rose 5.5% to 211p after announcing the acquisition of a UK manufacturer of physical vapor deposition equipment. and On December 4, 2019, Judges Scientific, a group involved in the buy and build of scientific instrument businesses, announces that it’s wholly-owned subsidiary Quorum Technologies Limited has acquired 100% of the issued share capital of Moorfield Nanotechnology Limited, a maker of coating instruments based in Knutsford, Cheshire. The Board expects the acquisition to be immediately earnings enhancing.
On November 30, 2017, Soleras Advanced Coatings has expanded rotary target production capacity in China. The expansion will increase capacity by 50% in their Jaingyin Facility. The increased capacity will enable Soleras to support the rapidly growing demand for rotary sputter targets used to produce thin-film coatings on displays.
Sputter Coating Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing demand for electronic and electrical equipment in developing economies owing to the rise in per capita income, and increasing consumer purchasing power is the key driving factor for the growth of the market.
- Rising Demand for Functional and Decorative Coatings in Automotive & Transportation Industry
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Influencing Trends | - Architectural Glass and Scanning Electron Microscopes
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Restraints | - High Expenditure Require For the Use and Application of Sputter Coating Technology
- Lack of Skilled and Trained Technicians
- Requires Additional Time and Effort by User to Define Optimal Coating Parameters
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Road Blocks / Challenges | - Technological Barriers of Sputter Coating Technology
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Gaps & Opportunities | - Technological developments in Semiconductor Industry lead to the Development of the Internet of Things (IoT)
- Huge Investments in Research & Development
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Sputter Coating Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Sputter Coating Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Sputter Coating players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sputter Coating Study Sheds Light on
The Sputter Coating Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Sputter Coating industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Sputter Coating industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.