Physical Vapor Deposition Market Report 2025 (Global Edition)

Global Physical Vapor Deposition Market Report 2025 Market Size Split by Type (PVD Equipment, PVD Materials, PVD Services), by Application (Microelectronics, Storage, Solar, Medical Equipment)

Physical Vapor Deposition Market Report Description

We have various report editions of Physical Vapor Deposition Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

The competitive landscape of the physical vapor deposition (PVD) market is intensifying, driven by rising demand for sustainable and high-performance coating solutions across industries such as electronics, automotive, and medical devices. Key players are adopting strategic acquisitions and regional expansions to strengthen their market presence and tap into local customer bases. For instance, Oerlikon Balzers has actively pursued inorganic growth strategies, acquiring D-Coat GmbH in 2023 and AMT AG and TeroLab Surface GmbH in 2019, aiming to broaden its advanced surface treatment services across the European region. These moves reflect the company’s commitment to localized service and technological advancement. Similarly, companies like Dynavac and Denton Vacuum are investing heavily in expanding their manufacturing and service capabilities to meet increasing global demand. These developments underscore the industry's shift toward consolidation and innovation, with firms focusing on enhancing operational efficiency, expanding geographic reach, and delivering environmentally friendly coating technologies.

Top Companies Market Share in Physical Vapor Deposition Industry: (In no particular order of Rank)

• Oerlikon Balzers Oerlikon Group
• IHI Corporation
• Silfex Inc. Lam Research Corp.
• Singulus Technologies AG
• Applied Materials Inc.
• ULVAC Inc.
• Veeco Instruments Inc.
• Buhler AG
• Semicore Equipment Inc.
• Platit AG
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Which Region will dominate the Market in 2024, and Which Region is Expanding at the Fastest CAGR?

In 2024, Asia Pacific is expected to dominate the global physical vapor deposition (PVD) market, primarily driven by its booming semiconductor and electronics manufacturing industries. Countries such as China, Taiwan, South Korea, and Japan have become global hubs for semiconductor fabrication, display technology, and electronic components, where vapor deposition techniques are critical for high-precision thin-film applications. The market size in Asia Pacific reached USD XX billion in 2023, and this region continues to benefit from strong government backing, infrastructure expansion, and the presence of key industry players. For instance, TSMC in Taiwan and Samsung in South Korea heavily invest in semiconductor R&D and advanced manufacturing, directly boosting demand for CVD and PVD equipment. China’s rapid uptake of vapor deposition technologies in solar energy and medical equipment further contributes to regional dominance. The growth is also supported by the increasing demand for decorative coatings and environmentally friendly alternatives in industries such as automotive and construction, making the region a hotbed for both innovation and mass production.
While Asia Pacific holds the largest market share, it is also the region expanding at the fastest CAGR, propelled by the dynamic growth of end-use industries and the emergence of new players. Countries like India are witnessing rapid industrialization and increasing investments in medical technology, aerospace, and electronics, which fuels the demand for high-performance coatings. Additionally, ongoing urbanization and rising consumer demand for advanced consumer electronics in the region amplify the need for precise and efficient coating technologies. In contrast, North America, particularly the United States, continues to be a strong market, with its well-established microelectronics sector and leadership in medical devices and advanced materials. Major players like Applied Materials and Veeco Instruments have continued to innovate in deposition technology, but the growth rate in North America is more stable compared to Asia’s rapid expansion. In summary, while Asia Pacific leads the market in size and expansion, North America remains a key region for technological advancement and consistent demand.
 

The current report Scope analyzes Physical Vapor Deposition Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Physical Vapor Deposition Market Analysis

Chemical Vapor Deposition (CVD) remains a cornerstone technology in the physical vapor deposition market due to its adaptability, precision, and broad application scope. The process is widely used for depositing thin films in semiconductor manufacturing, solar cells, optics, and protective coatings. CVD's ability to finely control material composition, thickness, and surface morphology makes it vital for industries demanding high-performance materials. For instance, companies like Applied Materials and Lam Research are at the forefront of advancing CVD technologies to meet the complex requirements of next-generation microelectronics. CVD is not only pivotal in creating integrated circuits but also finds growing use in producing corrosion-resistant coatings, diamond-like carbon films for automotive parts, and barrier coatings in packaging industries. For Instance, in the polymerization of thin films for food packaging, where its impermeable properties ensure extended shelf life. Moreover, its role in producing high-hardness coatings for cutting tools and aerospace components underlines its importance in sectors where durability and wear resistance are critical. With the rising demand for miniaturized electronics, energy-efficient devices, and robust industrial tools, CVD technology continues to see increased adoption across diverse markets.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Physical Vapor Deposition Industry. Request a Free Sample PDF!

Application Segment Analysis of Physical Vapor Deposition Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Physical Vapor Deposition Market.

Some of the key Application of Physical Vapor Deposition are:

• Microelectronics
• Storage
• Solar
• Medical Equipment

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion