PUBLISHER: Grand View Research | PRODUCT CODE: 1587835
PUBLISHER: Grand View Research | PRODUCT CODE: 1587835
China Physical Vapor Deposition Market Size, Share & Trends Analysis Report By Product (Thermal Evaporation, Sputter Deposition), By Application (Semiconductor & Electronics), And Segment Forecasts, 2025 - 2030
China Physical Vapor Deposition Market Growth & Trends:
The China physical vapor deposition market size is expected to reach USD 1.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.4% from 2025 to 2030. Growing demand for reliable and durable coatings on medical equipment, solar products, and data storage products is expected to drive the growth.
The China physical vapor deposition (PVD) market is expected to witness significant growth on account of rising product demand from various applications including microelectronics, data storage, solar products, and medical equipment. The market is competitive with major companies involved in continuous product innovation and R&D activities owing to the stringent environmental regulations and with a goal of expanding their customer base. It is characterized by new product launches and expansions, as market participants are trying to expand their customer base over the forecast period.
Microelectronics is the largest application segment of China PVD market. PVD is among the most commonly utilized technologies in microelectronics. Its application in biomolecules deposition allows it to be used across several applications. Cutting tools application is also anticipated to witness significant growth in near future. PVD imparts excellent oxidation resistance, high wear resistance, high feed rate, and increased cutting speed. Thus, it is anticipated to witness augmented demand over the forecast period.
Physical vapor deposition coatings are applied to tools and equipment to enhance their effectiveness, efficiency, and lifespan of the medical devices. China is the second largest manufacturer of medical equipment. The medical equipment market was approximately USD 250 billion in 2011 and is expected to reach approximately USD 490 billion by 2020. The growth is unlikely to witness a decline owing to increasing health issues and rising geriatric population worldwide. Thus, PVD market is projected to register a huge demand from the medical sector.
China Physical Vapor Deposition Market Report Highlights:
- The sputter deposition segment accounted for 47.3% of the total revenue generated in the market in 2024 attributed to its widespread application across various industries, including electronics, automotive, and aerospace.
- The arc vapor deposition segment is expected to grow at a CAGR of 9.0% over the forecast period driven by its unique advantages in producing hard, wear-resistant coatings, essential for extending the lifespan of cutting tools, molds, and other high-stress components
- The semiconductor & electronics segment dominated the market in 2024. The demand for advanced microelectronics, including integrated circuits, memory devices, and display technologies, has surged, driven by the proliferation of consumer electronics
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. China Physical Vapor Deposition Market Variables, Trends & Scope
- 3.1. China Physical Vapor Deposition Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Average Price Trend Analysis
- 3.5. Supply-Demand GAP Analysis, 2024
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat from New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. China Physical Vapor Deposition Market: Product Outlook Estimates & Forecasts
- 4.1. China Physical Vapor Deposition Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Thermal Evaporation
- 4.1.1.1. Thermal Evaporation Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.2. Sputter Deposition
- 4.1.2.1. Sputter Deposition Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.3. Arc Vapor Deposition
- 4.1.3.1. Arc Vapor Deposition Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.1. Thermal Evaporation
Chapter 5. China Physical Vapor Deposition Market: Application Outlook Estimates & Forecasts
- 5.1. China Physical Vapor Deposition Market: Application Movement Analysis, 2024 & 2030
- 5.1.1. Semiconductor & Electronics
- 5.1.1.1. Semiconductor & Electronics Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.2. Solar Products
- 5.1.2.1. Solar Products Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.3. Cutting Tools
- 5.1.3.1. Cutting Tools Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.4. Medical Equipment
- 5.1.4.1. Medical Equipment Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.5. Others
- 5.1.5.1. Others Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.1. Semiconductor & Electronics
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Vendor Landscape
- 6.2.1. Company categorization
- 6.2.2. List of Key Distributors and Channel Partners
- 6.2.3. List of Potential Customers/End Users
- 6.3. Competitive Dynamics
- 6.3.1. Competitive Benchmarking
- 6.3.2. Strategy Mapping
- 6.3.3. Heat Map Analysis
- 6.4. Company Profiles/Listing
- 6.4.1. Advanced Energy Industries, Inc.
- 6.4.1.1. Participant's overview
- 6.4.1.2. Financial performance
- 6.4.1.3. Product benchmarking
- 6.4.1.4. Strategic initiatives
- 6.4.2. Applied Materials, Inc.
- 6.4.2.1. Participant's overview
- 6.4.2.2. Financial performance
- 6.4.2.3. Product benchmarking
- 6.4.2.4. Strategic initiatives
- 6.4.3. Intevac, Inc.
- 6.4.3.1. Participant's overview
- 6.4.3.2. Financial performance
- 6.4.3.3. Product benchmarking
- 6.4.3.4. Strategic initiatives
- 6.4.4. Oerlikon Balzers
- 6.4.4.1. Participant's overview
- 6.4.4.2. Financial performance
- 6.4.4.3. Product benchmarking
- 6.4.4.4. Strategic initiatives
- 6.4.5. Impact Coatings AB
- 6.4.5.1. Participant's overview
- 6.4.5.2. Financial performance
- 6.4.5.3. Product benchmarking
- 6.4.5.4. Strategic initiatives
- 6.4.1. Advanced Energy Industries, Inc.
List of Tables
- Table 1 List of abbreviations
- Table 2 List of secondary sources
- Table 3 China physical vapor deposition market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- Table 4 China physical vapor deposition market estimates and forecasts, by application, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Market snapshot
- Fig. 6 Segmental outlook
- Fig. 7 Competitive outlook
- Fig. 8 Value chain analysis
- Fig. 9 Market dynamics
- Fig. 10 Porter's analysis
- Fig. 11 PESTEL analysis
- Fig. 12 China physical vapor deposition market, by product: Key takeaways
- Fig. 13 China physical vapor deposition market, by product: Market share, 2024 & 2030
- Fig. 14 Thermal evaporation market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 15 Sputter deposition market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 16 Arc vapor deposition market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 17 China physical vapor deposition market, by application: Key takeaways
- Fig. 18 China physical vapor deposition market, by application: Market share, 2024 & 2030
- Fig. 19 Semiconductor & electronics market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Solar products market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Cutting tools market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Medical equipment market estimates and forecasts, 2018 - 2030 (USD Million)
