Sputtering Targets and Sputtered Films: Technology and Markets
The global market for sputtering targets is estimated to reach $3.3 billion in 2011 and further to reach $5.9 billion by 2016 with a CAGR of 12.3% over the five year period.
This study provides an updated review of sputtering technology and a description of various types of sputtering targets, their properties and fabrication methods, and identifies current and potential applications for these products. In addition, it outlines target materials and sputtered films requirements for traditional and emerging applications.
BCC Research determines the current market status of sputtering targets, defines trends, and presents forecasts of growth over the next 5 years. Technological issues, including the latest process developments, are also discussed.
BCC Research analyzes the sputtering target industry on a worldwide basis from the standpoint of both manufacturing and consumption. In addition, the study examines commercial and public research activities in major regions of the world. Research objectives and areas of interest related to target materials, fabrication processes, and applications are also outlined.
More specifically, BCC’s market analysis is divided into six parts.
In the first part, a historical review of the sputtering process is provided, including an outline of recent events. In addition, the report supplies an overview of the latest technological developments related to sputtering technology and a detailed description of current and emerging applications of sputtering.
The second part of the study summarizes typical sputtering target types, raw materials and applications, and production methods. Each of these three sections concludes with an analysis of the most important technological developments and improvements since 2008, including examples of significant patents recently issued or applied for.
The third part of the report entails a global market analysis of sputtering targets and sputtered films. Global revenues (sales data in millions of dollars) are presented by application, material type and region, with actual data referring to the years 2009 and 2010, and estimates for 2011. Projected sputtering target revenues and total sputtered film area are also supplied, with forecast compound annual growth rates (CAGRs) for the period 2011 through 2016.
Next, details of the global market analysis are covered. For each major application group or industry sector (specifically microelectronics, data storage media, advanced displays, mechanical/chemical devices, energy, optical coatings and others), BCC provides an updated summary of target materials and their function, and market data by device, material, and region.
In addition, within each industry sector, a market analysis is performed by identifying market growth trends based on industry growth, technological trends, and regional trends. Projected sputtering target revenues and total sputtered film area are reported for each sector, with forecast CAGRs for the period 2011 through 2016.
In the fourth part, covering global industry structure, the report supplies a list of the leading manufacturers of sputtering targets and sputtered films together with a description of their products. The analysis includes a description of the geographical distribution of these suppliers and an evaluation of sputtering target production versus consumption, always from a geographical standpoint. Detailed company profiles of the top industry players are also provided.
In the fifth part of this study, an analysis of industry competitiveness is performed. This analysis encompasses a review of global research and development activities and an outline of the most critical factors contributing to industry competitiveness.
The sixth and final part includes an extensive U.S. patent analysis with a summary of patents related to sputtering target materials, types, fabrication methods, and applications issued during the period 2007 (when BCC’s last report was published) through 2010. Patent analysis is performed by region, country, assignee, and material type.
Margareth Gagliardi, BCC’s chief research analyst in advanced materials, has more than 25 years of experience in the field of advanced materials, specializing in ceramic formulations, materials processing, and new product development. She has held management positions in both manufacturing and R&D within U.S. and European firms producing electronic, mechanical, chemical, and structural components. She holds a B.S. in Chemical Engineering and an M.S. in Ceramic Engineering.
Ms. Gagliardi has authored numerous BCC Research studies, including the following that are related to advanced materials and electronics:
- SMC070A−Paper-Thin Displays: Technologies and Global Markets, 2011
- EGY068−Supercapacitors: Technology Developments and Global Markets, 2010
- AVM014D−Ceramic Matrix Composites: Technologies and Global Markets, 2010
- NAN043B −Nanofibers: Technologies and Developing Markets, 2010
- AVM069A−Photocatalysts: Technologies and Global Markets, 2010
- SMC061B−Atomic Layer Deposition, 2010
- AVM046B−Thick Film Devices, Processes and Applications, 2010
- AVM018F−Rare Earths: Worldwide Markets, Applications, Technologies, 2009
- AVM052B −Aerogels, 2009
- AVM065A −Smart Glass: Technologies and Global Markets, 2009
- AVM047B−Chemical Mechanical Polishing (CMP) Equipment and Materials, 2008
- PLS046A−Polymer Absorbents and Adsorbents, Including SAPs and Polymer Gels, 2008
- SMC037D−Sputtering Targets and Sputtered Films: Technology and Markets, 2008
- The global market for sputtering targets and sputtered films reached $2.8 billion in 2007. It should reach $5.9 billion by 2012, a compound annual growth rate (CAGR) of 15.8%.
- The microelectronics sector has been the largest consumer of sputtering targets but will be eclipsed by advanced displays and solar cells over the next 5 years.
- Sputtering target consumption will rise at a slower rate than production of sputtered films over the next 5 years due to higher target utilization rates and decreased film thickness in certain market segments.
The global market for sputtering targets is expected to reach $1.94 billion in 2005 and will increase at an average annual growth rate (AAGR) of 9.7%, nearing $3.1 billion by 2010.
A total of 1.29 million targets will be consumed to deposit 1,003.3 million square meters of films in 2005, rising to 1.6 billion square meters while units drop to 700,000 due to larger target sizes by 2010.
Major applications include semiconductors, microcomponents, flat panel displays, magnetic and optical storage devices, wear and corrosion resistant coatings, solar cells and others.
Some 12,181.8 thousand lbs. of material will be consumed in 2005 to produce targets and 15,865.5 thousand lbs. by 2010.
The worldwide market for sputtering targets reached $871.5 million in 2001. Rising at an average annual growth rate (AAGR) of 15.4%, this market will approach $1.8 billion in 2006.
Sputter deposition accounted for 486.1 million square meters of thin films in 2001, a figure expected to exceed 1.0 billion square meters in 2006, rising at an AAGR of 16.5%.
The market totaled about 305.9 thousand targets in 2001 and is expected to reach 496.8 thousand units in 2006, a 10.2% AAGR. This represents 2,365.7 and 4,373.1 thousand kg of material, respectively.
Target consumption will rise at a slower rate than production of sputtered films primarily due to more efficient use of material, film thickness decreases in some market segments and a transition to larger target sizes in some segments.