Vacuum Coating Equipment Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Application (Transparent Electrical Conductors, Optical Films, Packaging, Hard And Wear-Resistant Coatings, Others), By Process (Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), Others), By Types (Evaporation Type, Sputtering Type, Others), By Industry Vertical (Electronics, Automotive, Power, Healthcare, Others), And By Geography - Forecasts From 2021 To 2026

The vacuum coating equipment market is projected to grow at a CAGR of 6.61% to reach US$52.099 billion in 2026. 

Segment Analysis.

By application, the vacuum coating equipment market is segmented as transparent electrical conductors, optical films, packaging, hard and wear-resistant coatings, and others.

The vacuum coating equipment market by the process is classified as Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), and others.  Physical Vapor Deposition (PVD) is expected to expand rapidly during the forecasted period. It is an advanced plasma coating-based deposition technology that offers various advantages such as superior hardness, resistance to oxidation, robust wear protection, and low friction values. PVD has a minimum initial cost than chemical vapor deposition technology. Whereas Chemical Vapor Deposition (CVD) is predicted to witness moderate growth during the forecasted period.  CVD aids are forming thin-film coating and are extensively used in metal-forming tools.

Whereas by type, the vacuum coating equipment market is segmented into evaporation type, sputtering type, and others.

The vacuum coating equipment market by industry vertical is segmented as electronics, automotive, power, healthcare, and others. The electronics segment holds the major share of the market by equipment. The rapid advancement and increased investment in the electronics industry are leading to growth in the vacuum coating equipment market.  The technology is offering additional benefits to the product by offering scratch protection, brighter colors, and better shelf life. The booming industry of electronics is offering prospects for magnetron sputtering applications, chip carriers, and microelectronic circuits.  The magnetron squirting end-users are driving the market during the forecasted period.

Regional Analysis.

The market of vacuum coating equipment based on region is segmented as North America, South America, Europe, Asia Pacific, Middle East, and Africa. The Asia Pacific region holds the major share in the market of vacuum coating equipment and is expected to continue dominance during the forecasted period. This is mainly due to the prevailing electronic and electrical sectors in the region. Also, the rise in investment and government initiatives regarding digital skills is further expected to augment the market growth for vacuum coating equipment during the forecasted period.  The rise in the initiatives regarding the improvement of digital literacy skills on smartphones and other devices is attracting FDI into the electrical and electronics sector which is further augmenting the vacuum coating equipment demand growth. The Middle East region is expected faster growth rate due to favorable government policies.

COVID-19 Impact on Vacuum Coating Equipment Market

The pandemic has impacted every industry such as food & beverage, technology, and healthcare among others industries. The unstable production and disturbed distribution channel are the major factors that have negatively impacted the vacuum coating equipment market.

Major industry players in the vacuum coating market include Bühler Group, PVD Products, Inc., Applied Materials, Inc., Singulus Technologies AG, Kolzer S.R.L., T-M Vacuum Products, Inc., Scientific Vacuum Systems Ltd, CVD Equipment Corporation, AJA International, Inc, Semicore Equipment, Inc., OC Oerlikon Management AG, Mustang Vacuum Systems, Izovac, IHI Corporation, Blösch Group, and Miba AG among others.

Segmentation

• By Application

  • Transparent Electrical Conductors

  • Optical Films

  • Packaging

  • Hard and Wear-Resistant Coatings

  • Others

• By Process

  • Physical Vapor Deposition (PVD)

  • Chemical Vapor Deposition (CVD)

  • Others

• By Types

  • Evaporation Type

  • Sputtering Type

  • Others

• By Industry Vertical

  • Electronics

  • Automotive

  • Power

  • Healthcare

  • Others

• By Geography

  • North America

    • USA

    • Canada

    • Mexico

  • South America

    • Brazil

    • Argentina

    • Others

  • Europe

    • Germany

    • Spain

    • United Kingdom

    • France

    • Others

  • Middle East and Africa

    • Saudi Arabia

    • South Africa

    • Others

  • Asia Pacific

    • China

    • Japan

    • Australia

    • India

    • Others