Sputter Coater Market by Substrate Type (Metal, Glass, Semiconductor), Target Type (Metal, Compound), End-Use Industry (Automotive, Electronics & Semiconductor, Institutes), and Region (North America, Europe, Asia Pacific, Latin America, Middle east and Africa) - Global Forecast to (2024 to 2029)

Updated On: January, 2024
ID: 8579
Pages: 175

Sputter Coater Market Growth (2023-2028):

Sputter Coater Market size was valued at USD 663.1 million in 2022 and is expected to reach USD 904.2 million in 2028, at a compound annual rate of 6.2% over the forecast period.

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.

Sputter Coater Market Drivers and Restraints:

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.

SPUTTER COATER MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

6.2% 

Segments Covered

  • By Type
  • By Region
  • Other segments 

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

Regions Covered

  • North America: United States, Mexico, Canada
  • Europe: United Kingdom, Germany, Italy, France
  • Asia Pacific: Australia, Canada, China
  • Latin America: Argentina, Brazil, Chile
  • The Middle East and Africa: Egypt, Iran, Iraq, Israel

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).

Sputter Coater Market Segmentation:

Based On Type:

  • Substrate metal

  • Glass

  • Semiconductor

The other segment includes organic products and plastics.

  • Depending on the type of lens, the spray coating market was divided into

  • Metal

Other Segments:

  • Alloys
  • Ceramics
  • Equipment
  • Consumer goods
  • Construction
  • Medical industries
  • Electronics
  • Semiconductors

Regional Analysis:

  • North America 

  • Europe 

  • Asia Pacific 

  • Latin America 

  • Middle East and Africa 

Sputter Coater Market Key players:

  • 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).
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