ID: MRFR/IA - E/4869-CR | February 2020 | Region: Global | 123 pages
Vacuum Coating Machines Market is anticipated to expand at a 6% CAGR from 2020 to 2027 (forecast period), according to the latest report by Market Research Future (MRFR).
Popularity of handheld devices and stringent regulations against toxic chemicals prioritizing the safety of workers are factors expected to drive market growth over the forecast period. Increasing demand from end-use industries can act as a catalyst for the market. Emergence of the solar equipment sector and inclination of various nations towards reducing their carbon emission output can create growth opportunities for the market. But lack of skilled personnel can impede market growth.
Prominent players in the vacuum coating machines market include Veeco Instruments Inc. (U.S.), AIXTRON SE (Germany), VON ARDENNE GmbH (Germany), Optorun Co. Ltd (Japan), Shincron Co. Ltd (Japan), ULVAC Technology Inc. (U.S.), Buhler Leybold Optics (Switzerland), Applied Materials, Inc. (U.S.), and Oerlikon Balzers (Liechtenstein). Other notable names include CVD Equipment Corporation (U.S.), Denton Vacuum, LLC (U.S.), BOBST (Switzerland), Xiangtan Hongda Vacuum Equipment Co. Ltd (China), Dongguan Huicheng Vacuum Technology Co. (China), Lung Pien Vacuum Industry Co. Ltd (China), IHI Hauzer B.V. (The Netherlands), Mustang Vacuum Systems (U.S.), Hanil Vacuum Co., Ltd. (South Korea). Various strategies such as acquisitions, partnerships, joint ventures, novel product launches, and distribution agreements are used by these players to gain a major share in the market.
The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail.
The report of the vacuum coating machine market covers the latest trends affecting it by providing the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts make highly astute projections regarding the scope of the market and its future prospects. MRFR’s report includes a thorough analysis of the global vacuum coatings market segmented by type, application, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.
By type, the vacuum coating machines market is segmented into chemical vapor deposition (CVD) and physical vapor deposition (PVD). Major market applications include automotive, electronics, packaging, optics & glass, and others.
The segments covered in the report are analyzed with respect to five major regions – North America, South America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA), with respective country-level market sizing. The definition and advantages of “vacuum coating machine” is outlined in the report for a comprehensive understanding of the market. The report discusses in detail the various players and their respective strategies to enhance their value chain.
By employing meticulous strategies, competent research analysts of Market Research Future (MRFR) collect information and study them extensively before predicting the future market size with a detailed listing of the relevant market segments. Interviews with prime decision makers of various trendsetting companies of the apposite market give the primary research much prominence. The secondary method includes a minute analysis of the present and the past trends to obtain a better grasp of the upcoming market scenario. To increase the precision of the obtained data, top-down & bottom-up approaches have been integrated into the system which gives a walk-through of the demand and supply equation. Furthermore, by adhering to credible resources such as annual reports, SEC filings, and white papers, our data analysts empower themselves with subtle comprehension of the germane product before proceeding to discuss market factors. The intent is to provide a holistic view of the sector by judging it against irreproachable parameters and enriching it with significant inputs.
Vacuum coating machines are used in depositing films or coatings on different materials under vacuum. Major processes used for depositing chemicals or atoms on various substrates are chemical vapor deposition and physical vapor deposition. Low cost of coating process and uniform distribution of these coatings are benefits attracting various industries towards acquiring these machines.
For the scope of research, the report offers a comprehensive analysis of the global vacuum coatings market.
|Market Size||2027: Significant Value|
|CAGR||6% CAGR (2020-2027)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type, and Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Veeco Instruments Inc. (U.S.), AIXTRON SE (Germany), VON ARDENNE GmbH (Germany), Optorun Co. Ltd (Japan), Shincron Co. Ltd (Japan), ULVAC Technology Inc. (U.S.), Buhler Leybold Optics (Switzerland), Applied Materials, Inc. (U.S.), and Oerlikon Balzers (Liechtenstein). Other notable names include CVD Equipment Corporation (U.S.), Denton Vacuum, LLC (U.S.), BOBST (Switzerland), Xiangtan Hongda Vacuum Equipment Co. Ltd (China), Dongguan Huicheng Vacuum Technology Co. (China), Lung Pien Vacuum Industry Co. Ltd (China), IHI Hauzer B.V. (The Netherlands), Mustang Vacuum Systems (U.S.), Hanil Vacuum Co., Ltd. (South Korea)|
|Key Market Opportunities||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
MRFR study states that the global market of vacuum coating machine is expected to expand at 6.365% CAGR across the review period (2018 to 2023). It is due to benefits of vacuum coating that they are experiencing high demand.
Vacuum coating machine enables easy and uniform distribution of coating at an affordable price.
AIXTRON SE (Germany), Veeco Instruments Inc. (U.S.), Optorun Co. Ltd (Japan), VON ARDENNE GmbH (Germany), ULVAC Technology Inc. (U.S.), Shincron Co. Ltd (Japan), Applied Materials, Inc. (U.S.), Buhler Leybold Optics (Switzerland), and Oerlikon Balzers (Liechtenstein) are some notable players of the global vacuum coating market.
Physical vapor deposition (PVD) and chemical vapor deposition (CVD) are two major types of vacuum coatings that are used across different industries.
Industries, such as electronics, automotive, optics & glass, and packaging are consumers of vacuum coating machine.
Global Vacuum Coating Machines – Summary
Adopting eco-friendly methods in the industrial manufacturing process is not just a trend but the need of the hour. Machines, adhering technologies to support nature, are gaining precedence in the industry. Vacuum coating machine is one such equipment. By ushering in an eco-friendly manner of production, it assists enterprises in reducing carbon footprint considerably. But this is not the only advantage that makes it a market favorite; it can deposit both thick and thin coatings of materials at a low temperature. This exclusive ability gives the machine an unprecedented edge over its competitors. Reports published by Market Research Future (MRFR) predicts that the global market for vacuum coating machines can experience their valuation escalating up to USD 27,557 million during the forecast period with an impressive CAGR of 6.36% to assist it during the forecast period (2018-2023).
The global industrial infrastructure is currently experiencing an upheaval caused by the semiconductor industry. Valued at USD 332 million in 2015 by the International Trade Organization, the industry has taken a keen interest in vacuum coating machines and has integrated it into the production process. This heed from the semiconductor industry can secure a steadfast growth for the vacuum coating machines market.
In the medical industry, stringent government regulations have prohibited manufacturers from using toxic chemicals; a step that widens the scope for vacuum coating machines market penetration. Medical equipment and infrastructure glasses require thin film deposition, and that’s where vacuum coating machines prove themselves effective and are gaining considerable ground.
However, the initial investment cost can have a strangling effect on the market growth. The price of the machines starts from one million dollar which is undoubtedly steep for many industries and can preclude them from installing the same. At the same time, products that require coating from vacuum coating machines can be recycled or reconfigured which makes the process a one-time affair and can put a leash on the market growth.
Renewable energies have created a need for them in diverse sectors by slowly infiltrating them and creating an urge to reduce carbon footprint. Solar energy is one major sector that is garnering accolades from all corners and especially the thin-film cells, where the vacuum coating machine markets can find prominence. The industry can be considered a good business expansion opportunity.
By type, the market can be segmented into PVD (Physical Vapor Deposition) coating machines and CVD (Chemical Vapor Deposition) coating machines. CVD’s reign over the market can be justified by its application in the production of high-performance and high-purity solid materials. Its application increases resistance against corrosion, wear and heat assisting it further in gaining market prominence. At the same time, it is also expecting the fastest CAGR during the review period.
Application-wise, the market comprises electronics, automotive, optics & glass, packaging, and others. Electronics is certainly way ahead of its peers in the segment. Two sub-segments, microelectronics, and optoelectronics are substantially contributing to the market growth. Demand for semiconductors have expanded the microelectronics sector considerably and can help in achieving a CAGR of 6.47% during the forecast period. However, the automotive industry can gain significant ground during the same time by growing with a faster CAGR.
Region-specific analysis of the global market encompasses namely Europe, North America, South America (LATAM), Asia Pacific (APAC) and the Middle East & Africa (MEA).
The APAC is generating the maximum revenue for the global market by holding sway over 42.9% of the global market. The burgeoning electronics and semiconductor industries have ensured this position for the regional market. Emerging economies such as China, India, and South Korea hold the key to the region’s further growth. China is the regional frontrunner in terms of revenue generation. The region is anticipating a CAGR of 6.69% during the review period.
North America is following the lead of the APAC closely, and it is getting driven by well-structured heavy industries. Revamping of the automotive industries is also holding promise for further market expansion. Packaging and electronics sectors are also generating considerable demand for the market.
Europe is the fastest growing market as the region is replete with high-end automobile companies constantly looking for an implementation of an eco-friendly approach in the production. Companies such as BMW, Audi, and Mercedes are leading the way. On the other hand, the European Union has a target to comply regarding renewables by 2020 for which they are implementing green-strategies. This can directly influence vacuum coating machine market.
The competitive market is witnessing several mergers and strategies where the companies are trying to expand their company portfolio, consequently, assisting the market in amplifying its potential. For instance, CVD Equipment Corporation acquiring assets of MesoScribe in 2017 can be considered its attempt to increase market portfolio.
The key players contributing the most in the market growth are Applied Materials Inc., Buhler Leybold Optics, Shincron Co. Ltd, AIXTRON SE, Von Ardenne GmbH, Veeco Instruments, Oerlikon Balzers, Optorun Co. Ltd., BOBST Group SA, ULVAC Technology Inc., Leybold Optics, AIXTRON SE, Optorun Co. Ltd, Shincron Co. Ltd, VON ARDENNE GmbH, IHI Hauzer B.V., BOBST, Hanil Vacuum Co., Ltd., Lung Pien Vacuum Industry Co. Ltd, Denton Vacuum, Mustang Vacuum Systems, CVD Equipment Corporation, Xiangtan Hongda Vacuum Equipment Co. Ltd, Dongguan Huicheng Vacuum Technology Co., and others.
Global Vacuum Coating Machines Market: Competitive Landscape
Applied Materials, Inc. (U.S.), Buhler Leybold Optics (Switzerland), ULVAC Technology Inc. (U.S.), AIXTRON SE (Germany), Veeco Instruments Inc. (U.S.), Optorun Co. Ltd (Japan), and Oerlikon Balzers (Liechtenstein) are the major players of the global vacuum coating machines market in 2017. Applied Materials, Inc. held the first position among the players with a share of 25.3% in 2017, followed by ULVAC Technology Inc. with the share of 6.5%. These companies continue to retain their strong global presence with expansions, mergers and acquisitions, partnerships and collaborations, and an extensive product portfolio.
Applied Materials Inc. is one of the global leaders in the material engineering solution. The company is a Delaware Corporation, and is located in California’s Silicon Valley. The company has expertise in material engineering and a broad set of capabilities in the area of reshaping and modifying materials even at atomic levels. Applied Materials operates in three business segments and they are semiconductor systems, applied global services, and display & adjacent market. The company offers a wide product and technology portfolio for semiconductors, solar, display, automation software, and roll-to-roll web coating. The company also offers consulting, semiconductor services, display services, solar services, and nanochip fab solutions. The company operates in more than 15 countries, worldwide, and employs over 18,000 personnel.
Buhler Leybold Optics is a major player in vacuum technology worldwide. The company is a subsidiary of Buhler. Buhler Leybold Optics develops and manufactures high-vacuum deposition equipment for a range of applications. The major industries served by Buhler Leybold Optics include ophthalmics, precision optics, optoelectronics, flexible electronics, flexible packaging, 3D coating, and large-area coating. The offerings from the company include vacuum systems for coating of architectural glass, large surfaces, and electronic displays. Other than these, the company also has Flexible Electronics and Flexible Packaging systems that are combined with vacuum systems for the coating of plastic foils, paper and foil coatings for foil capacitors. Coatings for complex 3D parts for automotive industry are managed by the 3D Coating section. The company is setting global benchmark for vacuum coating machines performance.
Veeco is another industry leader in chemical vapor deposition, and other thin film processing equipment. The company is involved in design, manufacture and marketing of thin film process equipment that are used in high-tech electronics production and development. Veeco instruments serve many fast-developing markets, such as, LED, advanced packaging, power electronics, semiconductors, material science, optics, data storage, radio frequency networks, and micro-electromechanical systems. The services provided by the company include customer targeted, extended warranty, parts on demand, and transactional. The company operates its offices in three major regions, which are North America, Europe, and Asia
Oerlikon Balzers is one of the world’s leading suppliers of innovative surface technologies. The company has its business in three segments, which are surface solutions, manmade fibers, and drive systems. The company offers a wide portfolio of tools such as cutting tools, metal forming, plastics processing, and die casting, coated components, and coating systems and equipment. Oerlikon serves major industries that require coatings solutions for essential functioning. These include automotive, transportation, aerospace, pharmaceuticals, food & packaging, energy, and engineering industries. The company’s product range in vacuum coating machine include INNOVENTA mega, INNOVA, INGENIA, RS90, METAPLAS.DOMINO, and INUBIA series, and after sales equipment. The company operates in more than 35 countries worldwide, but generates its major revenue from Europe.
ULVAC Technologies Inc. is involved in the sales and supply of vacuum coating machines. ULVAC Technologies has two major business segments and they are Vacuum-Equipment Business, which provides vacuum technology and offers a range of vacuum equipment appliances and services; Flat Panel Display (FPD) production equipment; and Vacuum Application Business, which leverages vacuum peripheral technology and offers advanced materials, and surface analysis. The company has adopted the EU-RoHS Directives in response to the rising environmental concerns regarding end of life disposal of electronic equipment and hazardous substances. This distinguishes the company from its competitors. The company operates in more than eight countries, worldwide.
The growth of the market vendors is dependent on market conditions, government support, and industry development. Players focus on strengthening their presence, worldwide, through new product development on a large scale, followed by expansions during the forecast period. These strategies are widely adopted to increase the product offering and attract more customers. However, expansion is the strategy broadly adopted to expand their presence, customer base, and achieve the operational efficiency. Companies continue to emphasize on the adoption of new growth strategies to gain a greater foothold in the market on a global level.