Market Insights:
CVD Market size was worth USD 19.3 Billion in 2021 and is anticipated to hit around USD 42.6 Billion by 2030, registering a CAGR of 9.2% during the forecast period (2022-2030).
Chemical vapor deposition (CVD) is the technology largely used as the materials-processing technology. Its major applications comprise the deposition of solid thin film as coatings to the product exterior by infiltration techniques. The products range from high-purity bulk products to powders and fabricating composite substances. Furthermore, CVD technology is highly utilized in the manufacturing of solar cells via the process of thin film deposition of the solar panels. Thus, the efforts for the high adoption of solar cells have increased the significance of such renewable energy sources, further boosting market growth.
CVD Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Category (CVD Equipment, CVD Materials, CVD Services), By Technology (Thermal, Plasma Assisted), Application (Semiconductor & Microelectronics, Data Storage, Solar Products, Cutting Tools, Medical Equipment, Other) and companies (Toshiba Corporation (NuFlare Technology Inc.), Nippon Sanso Holding Corporation (Taiyo Nippon Sanso Corporation), JUSUNG ENGINEERING Co. Ltd., Agnitron Technology, Inc., PVA TePla America and Samco Inc., and Others, IHI Corporation, Ulvac Inc., Veeco Instruments Inc., Tokyo Electron Limited, Applied Materials Inc., Adeka Corporation, Aixtron SE, ASM International, Denton Vacuum LLC, Plasma-Therm, Richter Precision Inc., OC Oerlikon Corporation AG, CVD Equipment Corporation, Kokusai Semiconductor Equipment Corporation (KSEC), Lam Research Corporation), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 9%, over the forecast period of 2022–2030
Driver:
The augmented usage of CVD especially in the semiconductor and electronics industry majorly drives the market growth during the forecast period. The chemical vapor deposition technique is used to produce components employed in the manufacturing of products such as light-emitting diodes solar panels, solar panels, and integrated circuits found in the devices such as televisions, storage devices, and phones.
Report Coverage:
Report Attributes | Report Details |
Study Timeline | 2018-2030 |
Market Size in 2030 (USD Billion) | 41.05 Billion |
CAGR (2022-2030) | 9% |
By Technology | Thermal, Plasma Assisted |
By Category | CVD Equipment, CVD Materials, CVD Services |
By Application | Semiconductor & Microelectronics, Data Storage, Solar Products, Cutting Tools, Medical Equipment, Other |
By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Key Players | Toshiba Corporation (NuFlare Technology Inc.), Nippon Sanso Holding Corporation (Taiyo Nippon Sanso Corporation), JUSUNG ENGINEERING Co. Ltd., Agnitron Technology, Inc., PVA TePla America and Samco Inc., and Others, IHI Corporation, Ulvac Inc., Veeco Instruments Inc., Tokyo Electron Limited, Applied Materials Inc., Adeka Corporation, Aixtron SE, ASM International, Denton Vacuum LLC, Plasma-Therm, Richter Precision Inc., OC Oerlikon Corporation AG, CVD Equipment Corporation, Kokusai Semiconductor Equipment Corporation (KSEC), Lam Research Corporation. |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the CVD market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Toshiba Corporation (NuFlare Technology Inc.), Nippon Sanso Holding Corporation (Taiyo Nippon Sanso Corporation), JUSUNG ENGINEERING Co. Ltd., Agnitron Technology, Inc., PVA TePla America and Samco Inc., and Others, IHI Corporation, Ulvac Inc., Veeco Instruments Inc., Tokyo Electron Limited, Applied Materials Inc., Adeka Corporation, Aixtron SE, ASM International, Denton Vacuum LLC, Plasma-Therm, Richter Precision Inc., OC Oerlikon Corporation AG, CVD Equipment Corporation, Kokusai Semiconductor Equipment Corporation (KSEC), Lam Research Corporation.
Market Segment Analysis:
By Technology
- Thermal
- Plasma Assisted
Category
- CVD Equipment
- CVD Materials
- CVD Services
Application
- Semiconductor & Microelectronics
- Data Storage
- Solar Products
- Cutting Tools
- Medical Equipment
- Other
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of CVD industries in the region.
Key CVD Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global CVD Market segments.
– Largest Market Share Held by Industry to Industry for CVD
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the CVD Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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