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2021
Vacuum Coating Machine Market

Vacuum Coating Machine Market by Product type (Vacuum Evaporation Coating Machine, Vacuum Sputtering Coating Machine, Chemical Vapour Deposition (CVD) Coating Machine and Others) by Process (Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD) and others) by Applications (Automotive, Electronics, Packaging, Optical and Glass and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13029
Pages: NA
Oct 2021 | 250 Views
   
Author(s) : Onkar Sumant
Tables: NA
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COVID-19

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When coating materials are heated in vacuum, they are evaporated and formed as thin films on substrate surfaces. Such processes are called vacuum coating. Vacuum deposition or vacuum coating is a family of processes used to deposit layers of material atom-by-atom or molecule-by-molecule on a solid surface. These processes operate at pressures well below atmospheric pressure. The deposited layers can range from a thickness of one atom up to millimetres, forming freestanding structures. Multiple layers of different materials can be used, for example to form optical coatings. The process can be qualified based on the vapour source; physical vapour deposition uses a liquid or solid source and chemical vapour deposition uses a chemical vapour.

Market Scope and Structure Analysis

The use of vacuum coating via physical vapour deposition and chemical vapour deposition processes among others contribute to providing eminent features such as better functionality, uniform coverage, durability, corrosion resistance along with providing a better aesthetic appearance. Vacuum coating includes the application of vacuum technology that implies a sub-atmospheric pressure environment and an atomic or molecular condensable vapour for depositing thin films and coating over the vacuum. The equipment also has an evaporation system, film-forming control system, vacuum main body cavity, and auxiliary pumping system. These vapour sources from the liquid or solid surface or chemical vapour process. The wide applications of the equipment have led to the augment of the market demand of the vacuum coating equipment across various end-user industry verticals which include electronics, automation, energy and power, and automobiles. The vacuum coating equipment market has encountered significant development over recent times and is expected to grow rapidly during the forecast period. The Asia Pacific region has a significant share in the global vacuum coating equipment market owing to the prevailing electrical and electronic sector in the region. The market is witnessing growth due to technological advancement.

However, the technology implementation involves high installation and operational costs which is restricting the growth of the market of the vacuum coating equipment. Moreover, the lack of technically skilled labour is also one of the restraints in the growth of the market.

 

Report Metric

Details

  Market Size Available for Years

 

  2020-2030

  Base Year Considered

 

  2020

  Forecast Period

 

  2021-2030

  Forecast Unit

 

  Value (USD)

  Segments Covered

 

  Product type, Application

 

  Regions Covered

 

  North America, Europe, Asia-Pacific, LAMEA

  Companies Covered

Applied Materials, ULVAC, Lam Research, Buhler, Optorun, AIXTRON, Evatec, Shincron, Von Ardenne, Jusung Engineering, Veeco Instruments, CVD Equipment Corporation, IHI, BOBST, Hanil Vacuum, Dongguan Huicheng Technology Co,Ltd, Platit, Lung Pien Vacuum, Beijing Power Tech, Hongda Vacuum, Denton Vacuum, Mustang Vacuum Systems, SKY Technology, Guangdong Zhenhua Technology

 

COVID-19 Impact analysis

  • COVID-19 pandemic has shut down the production of various products in the vacuum coating machine market attributed to the lockdown in countries worldwide. This has hampered the growth of vacuum coating machine market from the last few months and is likely to continue during 2021.
  • COVID-19 has already affected the sales of vacuum coating machine in the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
  • The major demand for vacuum coating machine was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, UK, and China, which are negatively affected by the spread of the coronavirus, thereby declining the demand for vacuum coating machine.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Vacuum coating machine market manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis
  • Vacuum coating machine market are expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.

Top Impacting Factors

The vacuum coating equipment market is witnessing growth due to rapid advancement in the technology and electronics industry on account of increase in investment in the electronics sector that is augmenting the market of the vacuum coating equipment. Vacuum coating equipment is increasingly considered as the alternative for electroplating. The technology advancement is offering added benefits to the products over the conventional coating methods with features such as scratch protection, better shelf life, and brighter colors. The equipment is fulfilling almost every environmental regulation and is eco-friendly in nature. This is encouraging the market players of the vacuum coating equipment to focus on the technological innovations and the products that will enhance their market share. Further, the market players are implementing the strategies such as cost optimization, geographic expansion, and strategic acquisition to diversify their product portfolio. The market growth is also being driven by its wide applications in various fields such as cutting tools, gas sensors, microelectronics, magnetic films, medical equipment, polymerization, opto storage devices, and integrated circuits.

Market Trends

  • The launch of new products that contain improved capabilities have been launched by leading market players. They have taken necessary steps to improve accuracy of devices and overall functionality as well. For instance, VaporTech® launched the new in house PVD coating equipment which are right-sized coating systems are designed to simplify the process of bringing PVD into your manufacturing operation. A smaller footprint, easy loading/unloading of parts, straightforward routine maintenance, and a simple coating-recipe-based interface make the system well matched to a broader range of applications. If your company is currently shipping products out for coating, bringing the PVD coating process in-house allows your company to speed production, reduce defects, avoid repackaging, reduce shipping costs, and provide the ability to customize a finish to your product specifications rather than use an off-the-shelf process.
  • Collaborative marketing is a marketing strategy that involves working in unison with similar companies to promote brand, minimize costs and increase sales. Collaborative marketing bolsters exposure through side-by-side advertisement with competitors. It is a popular and effective system which is adopted by the key players in the market as a growth strategy. For instance, The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) has concluded an agreement for the development of next generation vacuum coating machines with its long-time customer, China National Building Materials (CNBM). The intended use case is the production of CdTe thin-film solar modules. For several years SINGULUS TECHNOLOGIES has already been supplying production machines to the CNBM Group for the manufacturing of CIGS thin-film solar modules. A new additional cooperation was now agreed for the application area of CdTe thin-film solar cells. In addition to the four already existing CIGS sites, CNBM plans several other production sites for CdTe solar cells with an output volume exceeding one gigawatt.
  • Furthermore, strict regulations against toxic chemicals is also one of the key driving factors for the growth in this market. The challenges of regulating industrial chemicals remain unresolved in the U.S. The Toxic Substances Control Act (TSCA) of 1976 was the first legislation to extend coverage to the regulation of industrial chemicals, both existing and newly registered.

Key Segments Covered

Product type

  • Vacuum Evaporation Coating Machine
  • Vacuum Sputtering Coating Machine
  • Chemical Vapour Deposition (CVD) Coating Machine
  • Others

Process

  • Physical Vapor Deposition (PVD)
  • Chemical Vapor Deposition (CVD)
  • Others

Applications

  • Automotive
  • Electronics
  • Packaging
  • Optical
  • Glass
  • Others

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the vacuum coating machine market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the vacuum coating machine market share.
  • The current market is quantitatively analysed from 2020 to 2030 to highlight the vacuum coating machine market industry growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed vacuum coating machine market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Vacuum coating machine Market Report

  • Who are the leading global players in the vacuum coating machine market?
  • What are the current trends and predicted trends?
  • What is vacuum coating machine?
  • What is vacuum coating machine market prediction in the future?
  • What are the challenges faced in the vacuum coating machine market?
  • What are the driving factors and opportunities in the market?
  • What are the key benefits of the vacuum coating machine market report?          
 
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