Sputtering Targets and Sputtered Films: Technology and Markets
BCC Research projects that the global market for sputtering targets and sputtered films will grow from $3.0 billion in 2013 to $3.2 billion in 2018, a CAGR of 1.3% over the five year period.
- An overview of the global market for sputtering targets and sputtered films.
- Analyses of global market trends, with data from 2013, and projections of compound annual growth rates (CAGRs) through 2018.
- An update on the most advanced sputtering methods as well as emerging processes.
- An overview of materials commonly used for the fabrication of sputtering targets and identification of new materials to be used in the future.
- Highlights of new technological developments in the fabrication of sputtering targets while outlining technical issues.
- Trends in related U.S. patents and worldwide patents issued during the most recent years.
- Profiles of major players in the industry.
This report provides an updated review of sputtering technology and a description of various types of sputtering targets and their fabrication methods, and identifies current and emerging applications for these products.
BCC Research delineates the current market status for sputtering targets, defines trends, and presents growth forecasts for the next five years. The sputtering target market is analyzed based on the following segments: application, material, and region. In addition, technological issues, including key events and the latest process developments, are also discussed.
More specifically, BCC Research’s market analysis is divided into five sections.
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 2011, 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 2011 and 2012, and estimates for 2013. Projected sputtering target revenues and total sputtered film area are also supplied, with forecast CAGRs (compound annual growth rates) for the period 2013 through 2018.
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 Research 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 2013 through 2018.
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 other key industry players. Detailed company profiles of the top players are also provided.
The fifth and final section includes an extensive U.S. patent analysis, with a summary of patents related to sputtering target materials, types, fabrication methods, and applications. The patents examined in this study were issued from 2011 through 2013. Patent analysis is performed by region, country, assignee, and material type.
Margareth Gagliardi, Chief Research Analyst in Advanced Materials for BCC Research, has more than 30 years of experience in the field of advanced materials, specializing in ceramic formulations, materials processing, and new product development. After receiving her degrees in Chemical and Ceramic Engineering, she worked in both manufacturing and R&D holding senior management positions within U.S. and European firms producing electronic, mechanical, chemical, and structural components.
She is currently focusing on market intelligence and advanced technologies analysis for organizations and research institutions that operate within a range of high-tech industries.
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.
- 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.