Physical Vapor Deposition (PVD): Global Markets

According to a new technical market research report, Physical Vapor Deposition (PVD): Global Markets (MFG015C) from BCC Research, the world PVD industry will be worth an estimated $9 billion in 2007 and $9.9 billion in 2008. It should reach $16.7 billion by 2013, a compound annual growth rate (CAGR) of 11% over the 5-year period.

The market is broken down into applications of PVD equipment, materials deposited and services. Of these segments, the PVD equipment will remain the largest market as shipments grow at CAGR of 9.6% to reach an estimated $7.1 billion in 2008 and then increase to $11.9 billion in 2013, at a CAGR of 10.9%.

Materials deposited hold the second largest share of the market. Worth an estimated $1.3 billion in 2007, this segment is expected to be worth $1.5 billion in 2008 and $2.7 billion in 2013, a CAGR of 12.4% over the forecast period. The value of services will increase from $1.2 billion in 2007 to $1.3 billion in 2008, and will increase at a CAGR of 9.9% to reach $2.0 billion by 2013.

The microelectronics industry, encompassing semiconductors, components and flat panel displays, represent the largest market for PVD equipment, materials and services. The growth of materials in microelectronics will be driven by the demand for dielectric and barrier films, seed layers, and nanofilms.

Data storage is still a rapidly growing industry and PVD equipment shipments are scheduled to grow throughout the forecast period, driven by the need for flexible storage and nanofilms in this industry.

Energy also is playing a major role in the growth of PVD equipment. PVD used to deposit thin films on solar cells and other materials on glass substrates will drive the growth of PVD equipment. The flexible substrates required for many new solar technologies are amenable to deposition by the PVD process.