The Global Sputter Coater Market was estimated to value USD 754.9 million in 2021 and is projected to grow at a CAGR of 6.50% during the forecast period 2021 to 2030. Sputter coatings are defined as a physical vapor deposition method carried out to apply a thin functional coating layer. This coater is mainly used for coating an electrically conductive object, the overall assembly of sputter equipment contains a vacuum chamber merged with cathode and anode, a substrate is kept of anode providing with electric power.
The sputter coating is an inexpensive way of applying the coating layer on the electrically conductive material. Free electrons flow from the negatively electric target sources material in the plasma surroundings towards the positively charged substrate, thereby forming a film coating.
The technology is slowly being executed mainly in the glass coating technology. The growing technological advancement in glass displays is supporting the growth of glass coating. This will eventually drive the global sputter coater market.
Furthermore, the technological developments in the semiconductor sector have led to the growth of the internet of things (IoT) market. This technology is also expected to find its application in the semiconductor industry sector.
The surging popularity and demand for IoT market are anticipated to drive the development of the market. Also, there are several technologies mainly under sputter coating, which includes ion-assisted deposition. This method is being utilized in medical implants, which in turn, is driving the demand in the forecast period.
In addition, growing concerns and upcoming government rules for controlled hexavalent chrome production is further driving the demand for the global sputter coating market across the globe.
Conversely, the application of sputter coating technology mainly includes high expenditures, which are likely to restrict the growth of the market. Additionally, the correct application of sputter coating requires highly professional specialists. These features are anticipated to slow the growth of the market.
COVID-19 Impact on Sputter Coater Market
Most of the industries across the world have been negatively impacted. Due to major disruptions experienced by their supply-chain operations and respective manufacturing as a result of numerous precautionary lockdowns, as well as other restrictions that were enforced by governments across the world. The same restrictions apply to the sputter coater market.
Furthermore, consumer demand has also consequently condensed as individuals are now keen on removing non-essential expenditures from their individual budgets as the overall economic status of most individuals has been strictly affected by this COVID-19 outbreak. These above-mentioned factors are anticipated to burden the revenue trajectory of the global market over the years to come.
TABLE 1: GLOBAL SPUTTER COATER MARKET OVERALL SNAPSHOT
By Substrate Type:
There are more than three major substrate types in the sputter coater type as metal, glass, semiconductor, others. Among all, the semiconductor holds the largest market in the years to come. Account of increasing demand for semiconductors in end use industry is expected to drive the market growth.
Additionally, government capitalization in solar energy schemes supports an upsurge in the demand for semiconductor substrate types in the forecast period.
By Target Type:
The target type in sputter coater market includes metal, compound, others. Among all, the factors can be attributed to demand from many end-use industries, such as semiconductors and electronics, its high transparency, and research and development institutes will propel the market growth.
By End Use Industry:
By end use industry, the market is segmented into automotive, electronics & semiconductors, institutes, others. The semiconductor segment holds the largest market share in the years to come. On account of increasing demand from the automotive sector.
There are major regions in the sputter coater market, which include Asia Pacific, Middle East, and Africa, North America, Europe, and South America.
Asia Pacific holds the largest market share in the forecast period. On account of the presence of electronics, microelectronics, and automotive manufacturers in the regions.
In addition, the increasing demand for photovoltanic cells, microelectronics, and automotive resulting in surged production are anticipated to make Asia Pacific fastest growing region in the years to come.
TABLE 2: GLOBAL SPUTTER COATER MARKET OVERVIEW
FIGURE 1: GLOBAL SPUTTER COATER MARKET (USD MILLION), 2021-2030
Recent Developments in the Market are as follows.
- March 2019 - The Latest Dah Young Vacuum Equipment Co., Ltd. (Taiwan) offers a multi-target mounting solution that will help improve coating uniformity and enable multilayer film processing.
Major Companies in the Market are Quorum Technologies (U.K.), ULVAC (Japan), Cressington Scientific Instruments (U.K.), Buhler (Switzerland), Oxford Instruments (U.K.), Hitachi High-Technologies Corporation (Japan), PLASSYS Bestek (France), Semicore Equipment (U.S.), and PVD Products (U.S.).
By Substrate Type:
By Target Type:
By End Use Industry:
- Electronics & Semiconductor
North America Sputter Coater Market
- North America, by Country
- North America, by Substrate Type
- North America, by Target Type
- North America, by End Use Industry
Europe Sputter Coater Market
- Europe, by Country
- Rest of Europe
- Europe, by Substrate Type
- Europe, by Target Type
- Europe, by End Use Industry
Asia Pacific Sputter Coater Market
- Asia Pacific, by Country
- South Korea
- Rest of Asia Pacific
- Asia Pacific, by Substrate Type
- Asia Pacific, by Target Type
- Asia Pacific, by End Use Industry
Middle East & Africa Sputter Coater Market
- Middle East & Africa, by Country
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Middle East & Africa, by Substrate Type
- Middle East & Africa, by Target Type
- Middle East & Africa, by End Use Industry
South America Sputter Coater Market
- South America, by Country
- Rest of South America
- South America, by Substrate Type
- South America, by Target Type
- South America, by End Use Industry
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