The sputter coater market is projected to grow from USD 595.8 Million in 2017 to USD 804.2 Million by 2022, at a CAGR of 6.2% between 2017 and 2022.
The growth of the sputter coater market can be attributed to the growth of the electronics & semiconductor industry. The rising use of sputter coaters in electronics & semiconductor and medical applications is expected to drive the market during the forecast period.
Asia Pacific led the sputter coater market in 2016. The sputter coater market in Asia Pacific is projected to grow at the highest CAGR during the forecast period due to the presence of numerous electronics manufacturers in the region. China accounted for the largest share of the Asia Pacific sputter coater market in 2016.
Major producers of sputter coaters such as ULVAC (Japan) and Hitachi High-Technologies Corporation (Japan) are located in the region. North America accounted for the second-largest share of the global sputter coater market in 2016. Some of the major producers of sputter coaters in the North American region are Semicore Equipment (US), PVD Products (US), and Denton Vacuum (US).
The price of sputter coaters is directly proportional to the cost involved in their technology development, complex manufacturing process, and targets used in the machine/equipment/sputter coater systems. Key players in the industry have developed high-cost technologies to produce sputter coaters to meet the customer demands.
These technologies are patented and are difficult to be developed by small companies. This increases the cost of production and leads to price rise of sputter coater. This high price may restrict the use of sputter coaters in different price-sensitive applications.
Companies are majorly adopting the strategies of new product development and agreements to increase their geographical presence and cater to the increasing demand for sputter coaters in end-use industries, such as electronics & semiconductor, automotive, and medical.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Opportunities in the Sputter Coater Market 4.2 Sputter Coater Market in APAC, By Target Type and Country 4.3 Sputter Coater Market, By Country 4.4 Sputter Coater Market, By Target Type 4.5 Sputter Coater Market, By End-Use Industry
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 22.214.171.124 Growth in Electronics & Semiconductor Industry 126.96.36.199 Growing Telecommunication Industry 188.8.131.52 Increasing Applications of Glass Coating 5.2.2 Restraints 184.108.40.206 High Price of Sputter Coaters 220.127.116.11 Longevity of Sputter Coaters 5.2.3 Opportunities 18.104.22.168 Increasing Use of Sputter Coater in Medical Industry 22.214.171.124 Increasing Use of Small Chamber Confocal Sputtering equipment in R&D 5.2.4 Challenges 126.96.36.199 Difficulties Faced in Using Sputter Coaters 5.3 Macroeconomic Overview 5.3.1 Introduction 5.3.2 GDP Growth Rate and Forecast of Major Economies 5.3.3 Electronics Industry Analysis 5.3.4 Automotive Industry Analysis
6 Sputter Coater Market, By Substrate Type 6.1 Introduction 6.2 Metal 6.3 Glass 6.4 Semiconductor 6.5 Others
7 Sputter Coater Market, By Target Type 7.1 Introduction 7.2 Metal 7.3 Compound 7.4 Others
8 Sputter Coater Market, By End-Use Industry 8.1 Introduction 8.2 Automotive 8.3 Electronics & Semiconductor 8.4 Institutes 8.5 Others
9 Sputter Coater Market, By Region 9.1 Introduction 9.2 North America 9.2.1 US 9.2.2 Canada 9.2.3 Mexico 9.3 South America 9.3.1 Brazil 9.3.2 Argentina 9.3.3 Rest of South America 9.4 Europe 9.4.1 Germany 9.4.2 France 9.4.3 Italy 9.4.4 Spain 9.4.5 Russia 9.4.6 UK 9.4.7 Rest of Europe 9.5 APAC 9.5.1 China 9.5.2 Japan 9.5.3 India 9.5.4 South Korea 9.5.5 Taiwan 9.5.6 Rest of APAC 9.6 Middle East & Africa 9.6.1 South Africa 9.6.2 UAE 9.6.3 Rest of Middle East & Africa