Global Sputter Coater Market Size By Substrate Type (Metal, Glass, Semiconductor), By Target Type (Metal, Compound), By End-Use Industry (Automotive, Electronics & Semiconductor, Institutes), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Sputter Coater Market Size By Substrate Type (Metal, Glass, Semiconductor), By Target Type (Metal, Compound), By End-Use Industry (Automotive, Electronics & Semiconductor, Institutes), By Geographic Scope And Forecast
Sputter Coater Market Size And Forecast
Sputter Coater Market size was valued at USD 744.61 Million in 2024 and is projected to reach USD 1134.1 Million by 2031, growing at a CAGR of 5.40% from 2024 to 2031.
Factor such as growing electric & electronics demand is driving the growth of the market. The booming semiconductor industry, along with the digitalization trend is influencing the growth. M&A activity in the semiconductor industry has reached a peak and specialized verticals are becoming the priority focus. The Global Sputter Coater Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Sputter Coater Market Definition
Sputter coating can be defined as a physical vapor deposition process carried out to apply a very thin functional coating layer. Sputter coater is used for coating an electrically conductive object, the overall assembly of sputter equipment consists vacuum chamber incorporated with an anode and cathode, and a substrate is kept of anode provided with electric power. Sputter coating is a cost-effective way of applying a coating layer on the electrically conductive material.
Free electrons flow from the negatively charged target source material in the plasma environment towards the positively charged substrate, thereby forming a film coating. The assembly varies with the type of sputtering processes such as reactive sputtering, co-sputtering, or magnetron processing. In the case of magnetron sputtering, the magnetic field is used to control the velocity and behavior. These magnetrons are most commonly used for a large-scale system where the substrate scan linearly past the targets on the conveyor belt.
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Global Sputter Coater Market Overview
Factor such as growing electric & electronics demand is driving the growth of demand. The booming semiconductor industry, along with the digitalization trend is influencing the growth. M&A activity in the semiconductor industry has reached a peak and specialized verticals are becoming the priority focus. Emerging demand from automotive and AI will provide semiconductor manufacturers with a lucrative opportunity. The automotive semiconductors vendors will benefit from semiconductor devices such as memory, sensors, microcontrollers, and other related subsystems in the coming decade. This is anticipated to supply a significant growth push to market. Key players in the industry have developed high-cost technologies to build sputter coaters to meet customer demands.
There are certain restraints and challenges faced which will hinder the market growth. Sputter coating technology mainly involves high expenses and the high cost of electrically conductive material is likely to adversely impact the demand for Sputter Coater Market therefore many industries are focused on the development of substitute methods for effective coatings, these factors are expected to restraint the growth of the market. Furthermore, the correct application of sputter coating requires highly professional technicians. the process is a bit tricky to execute hence users tend to prefer another alternative over this coating which is posing a barrier to market growth.
Global Sputter Coater MarketSegmentation Analysis
The Global Sputter Coater Market is segmented on the basis of Substrate Type, Target Type, End-Use Industry, and Geography.
Sputter Coater Market, By Substrate Type
• Metal• Glass• Semiconductor• Others
Based on Substrate Type, the market is bifurcated into Metal, Glass, Semiconductor, and Others. The semiconductor segment of the substrate type is predicted to hold the most significant CAGR during the forecast period. The factors can be attributed to the growing demand for semiconductors for various applications, such as automotive devices, communication devices, consumer electronics, and industrial electronics.
Sputter Coater Market, By Target Type
• Metal• Compound• Others
Based on Target Type, the market is bifurcated into Metal, Compound, and Others. The metal target type segment of Target Type is predicted to hold the most significant CAGR during the forecast period. The factors can be attributed to its high transparency and demand from numerous end-use industries, such as electronics & semiconductors, and research and development institutes.
Sputter Coater Market, By End-Use Industry
• Automotive• Electronics & Semiconductor• Institutes• Others
Based on End-Use Industry, the market is bifurcated into Automotive, Electronics & Semiconductor, Institutes, and Others. Electronics & semiconductor is the largest end-use industry segment of the Sputter Coater Market and holds the largest market share owing to the extensive use of these coaters in the manufacturing of semiconductors, industrial electronics, and consumer electronics. The augmented growth of the electronics & semiconductor industry and constant technological advancements are projected to drive the Sputter Coater Market.
Sputter Coater Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Global Sputter Coater Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The largest share in the market will be dominated by the Asia Pacific. The Sputter Coater Market in the Asia Pacific is expected to grow at the highest CAGR over the forecast period owing to the presence of several electronics manufacturers in the region. Some of the major electronics centers, such as South Korea, Japan, and Taiwan, along with the increasing electronics demand from the emerging economies, such as India and are China driving the growth of the sputter coatings market in the region. Major producers of sputter coaters such as Hitachi High-Technologies Corporation (Japan) and ULVAC (Japan) are located in the region.
Key Players
The “Global Sputter Coater Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are ULVAC, Quorum Technologies, Buhler, Cressington Scientific Instruments, Hitachi High-Technologies Corporation, Oxford Instruments, Semicore Equipment, PLASSYS Bestek, PVD Products, and Denton Vacuum.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Product Launches and Product Expansions
• In March 2019, The Latest Dah Young Vacuum Equipment Co., Ltd. (Taiwan) offers a multi-level target mounting solution which will help improve coating uniformity and enable multilayer film processing.
• In July 2020, UNVAC, Inc. launched its new website. The new website offers a more attractive and eye-catching design for all viewers, especially mobile users.
Mergers and Acquisitions
• In Jan 2022, SDI Group PLC hardened 5.5% to 211p after it announced the acquisition of a UK manufacturer of physical vapor deposition equipment. The technology products firm paid roughly £4.9mln for Scientific Vacuum Systems (SVS), a market leader in the manufacture of sputter coaters for top brand razor blade coating.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | ULVAC, Quorum Technologies, Buhler, Cressington Scientific Instruments, Hitachi High-Technologies Corporation, Oxford Instruments. |
Segments Covered | By Substrate Type, By Target Type, By End-Use Industry, and By Geography. |
Customization Scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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