Nanocoating is the fastest growing segment fueling the growth of Physical Vapor Deposition Market
Physical vapor deposition refers to a variety of vacuum deposition methods used to produce thin films and coatings. The process involves heating a material until it evaporates or condenses into a vapor in high vacuum conditions, which then deposits onto a substrate surface. Some key advantages of PVD include high adherence levels, precise thickness control, and the ability to coat complex components. The growing demand for nanocoatings in industries like precision optics, semiconductor manufacturing and medical devices is driving growth of the physical vapor deposition market. The global Physical Vapor Deposition Market is estimated to be valued at US$ 18.9 Bn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends gaining traction in the physical vapor deposition market is the increasing adoption of magnetron sputtering type ...