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Physical Vapor Deposition Market Size Worth $30.3 Billion by 2027: Grand View Research, Inc.SAN FRANCISCO, Feb. 24, 2020 /PRNewswire/ -- The global physical vapor deposition market size is expected to reach USD 30.3 billion by 2027, expanding at a CAGR of 6.1%, according to a new report by Grand View Research, Inc. The rising sales of electronic goods in the emerging economies such as China, India, and Thailand is expected to surge the demand for memory chips, thereby driving the growth for physical vapor deposition technology over the coming years. Key suggestions from the report:
Read 115 page research report with ToC on "Physical Vapor Deposition Market Size, Share & Trends Analysis Report By Category, By Application (Medical Equipment, Solar Products, Data Storage) By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/physical-vapor-deposition-pvd-market The demand for physical vapor deposition coatings is anticipated to grow significantly on account of their ability to improve product appearance and durability. The coatings do not require any process medium hich makes it an environmentally friendly process that provides appealing, durable, and bright finishes on a wide variety of industrial and consumer components. The demand for physical vapor deposition in the medical equipment industry is growing owing to the rising demand for wear-resistant and bio-compatible thin film coatings in various types of medical devices, including orthopedic plants, stents, pacemakers, medical pressure sensors, orthodontic appliances, dental instruments, and surgical instruments. Constructive regulatory support for encouraging domestic level private investment in Mexico is likely to boost the semiconductor industry, thereby stimulating market growth of physical vapor deposition over the forecast period. In addition, increased spending on research and development by medical device manufacturers in U.S. is expected to further propel PVD market growth over the coming years. Grand View Research has segmented the global PVD market on the basis of product, application, and region:
Find more research reports on Paints, Coatings & Printing Inks Industry, by Grand View Research:
Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg |