Sputtering is a proven technology capable of depositing thin
films from a wide variety of materials on to diverse substrate shapes and
sizes. The process is repeatable and can be scaled up from small research and
development projects, to production batches involving medium to large substrate
areas. Basically, sputtering and evaporation are variants of physical vapor
deposition (PVD) processes which are used for various commercial and scientific
purposes.
Sputtering Targets and Evaporation Market plays a vital role in many of the
industries like electronics, energy, optics, industrial and more to ensure that
a uniform and thin film of desired material is deposited on the substrate to prevent
it from external damages.
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Market Trends:
According
to IndustryARC, Global Sputtering Targets and Evaporation Material Market
recorded revenue of
$2,820.6 Million in 2014 and shall cross $3 Billion by 2020 with Major
Demand from Semiconductors in APAC Region. It is expected to grow globally at a
CAGR of 2.2% till 2020.
Applications:
Owing to
their significant applications such as in semiconductor components, displays,
sensors, data storage devices, photovoltaic cells, batteries, industrial tools,
optics, automobile mirrors, decorative and many others in the diverse end used
industries, the Sputtering Targets and Evaporation Market shall boom further.
Due to the proliferation of electronic components and
increasing demand for sputtering targets and materials, Electronics Application
witnessed the strongest market share of more than 50% in the previous years.
And current studies suggest this will further be boosted by dominant
applications of these materials for semiconductors, Magnetic Data Storage and Displays.
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Driving Factors:
Sputtering
Targets and Evaporation Materials Market is majorly driven forward by the
rising demand for high precision coatings, wear-resistant coatings, low
friction coatings, corrosion resistant coatings and some decorative coatings in
various applications. Owing to the dominant applications in diverse end
user industries, this market is set to grow with a good pace in the coming 5
years.
Geography:
IndustryARC
suggested that Asia-Pacific (APAC) region is the leading supplier of ST&EM
Market and has the highest market share in the global market revenue thanking the
presence of numerous targets and materials providers and end user sectors. It is also projected to
hold majority share with more than 48% in 2015 and 2020; the increase owing to the
demand from Electronics and Energy sector. In the APAC, China and Japan are the major countries in terms of top
ST&EM Manufacturers and Suppliers. With respect to the global market, the
APAC and North America are noted to hold 72% of the entire ST&EM Market Share.
REPORT SCOPE:
Market Segmentation:
Sputtering Targets
and Evaporation Market is broadly segmented into 5 types based on the
following factors:
1.
By Sputtering Method: DC Sputtering, Reactive
Sputtering, Ion Assisted Sputtering and Others.
2.
By Evaporation Method: Thermal Evaporation,
Vacuum Evaporation and Reactive Evaporation.
3.
By Material Type: Pure Metals, Alloys and
Others.
4.
By Application: Electronics, Industrial, Energy,
Optics and Others.
5.
By Geography: North America, Europe, APAC and
ROW.
Key Players:
The key competitive companies for Sputtering Targets and Evaporation Market are discussed in depth
and studied based on Company Overview, Product Portfolio, Financials and
Developments. Key Insights including quantitative and qualitative analysis of
the complete Market is made available in this report.
·
Heraeus Holding
·
Umicore AG&Co.
·
Hitachi Metals
·
Treibacher Industrie AG
·
KAMIS Inc
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About IndustryARC:
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Technology, Life sciences & Healthcare.
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