According to Cognitive Market Research, the global sputtering target market size is USD 5894.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.30% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 2357.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1768.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1355.67 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 294.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 117.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031.
The Optical Disk held the highest sputtering targets market revenue share in 2024.
