The size of the global Sputter Coater market is estimated to reach USD 1.0 billion by 2029 from USD 0.7 billion in 2024, growing at a CAGR of 6.2% from 2024 to 2029.
The growth in the sputter coating market can be attributed to an increase in the electronics and semiconductor industry. The increasing use of aerosolized cathodic coatings in electronic and semiconductor and medical applications is expected to boost the market over the forecast period. Sputtering is considered a leading technology mainly used in the manufacture of electronic products where thickness coatings can vary from 3 to 5 micrometers. The material to be applied is rotating or flat, which is called the sputtering target. The sputtering cathodic coating is primarily used to produce a transparent conductive oxide film on the substrate and can be used in a variety of applications, for example, solar panels, flat screens, and semiconductors, among others.
Technology is progressively being implemented, particularly in glass coating technology. The growing technological advancement of glass screens supports the development of glass liners. Ultimately, this will fuel the global market for sputtering. Besides, technological developments in the semiconductor sector should lead to the development of the Internet of Things (IoT) market. It is also likely that this technology will find its application in the semiconductor industry. The growing demand and popularity of the IoT market are expected to boost the growth of the sputter coatings market significantly. Besides, there are many technologies, particularly under sputter coating, which include ion-assisted deposition.
This process is used in medical implants, fueling the demand and popularity of the global market for cathodic sputtering in the health sector. Besides, growing concerns and future government policies for the controlled production of hexavalent chromium are fueling the demand and popularity of the global sputter coating market. The application of catholic spraying coating technology mainly involves high expenses, which probably limits the development of the market. Besides, the proper application of sputter coating requires highly professional technicians. These aspects should stop the growth of the market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
6.2% |
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Segments Covered |
By Type, End-user, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Market Leaders Profiled |
ULVAC (Japan), Quorum Technologies (United Kingdom), Buhler (Switzerland), Cressington Scientific Instruments (United Kingdom), Hitachi High-Technologies Corporation (Japan), Oxford Instruments (United Kingdom), Semicore Equipment (United States), PLASSYS Bestek (France), PVD Products (United States), Denton Vacuum (United States). |
The major key players in the global sputter coater market are ULVAC (Japan), Quorum Technologies (United Kingdom), Buhler (Switzerland), Cressington Scientific Instruments (United Kingdom), Hitachi High-Technologies Corporation (Japan), Oxford Instruments (United Kingdom), Semicore Equipment (United States)), PLASSYS Bestek (France), PVD Products (United States) , Denton Vacuum (United States), and others.
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