• 𝟔 𝐖𝐚𝐲𝐬 𝐀𝐈 𝐢𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞

    In recent years, businesses have become more aware of the importance of delivering a great customer experience. In fact, many organizations are now making the customer experience a top priority. One of the key drivers of this trend is the rise of innovative technology such as artificial intelligence (AI).

    Explore the full article : https://www.nextmsc.com/blogs/6-ways-ai-is-driving-customer-experience
    𝟔 𝐖𝐚𝐲𝐬 𝐀𝐈 𝐢𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 In recent years, businesses have become more aware of the importance of delivering a great customer experience. In fact, many organizations are now making the customer experience a top priority. One of the key drivers of this trend is the rise of innovative technology such as artificial intelligence (AI). Explore the full article : https://www.nextmsc.com/blogs/6-ways-ai-is-driving-customer-experience
    Tipo de archivo: pdf
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  • Genomics Services Market Analysis with COVID-19 Impact on Business Growth, and Forecast 2024-2031
    Market Scope & Overview
    The feasibility studies, SWOT analysis, and information on the anticipated market are all examined in the study. The market research study on Genomics Services Market uses graphs, pie charts, and other graphics to present data and statistics. End users, the industry growth curve, and current, thorough product knowledge will all be key drivers of revenue and profitability. The research sheds light at the market's current state in order to predict potential future developments and potential risks. The report's objective is to present a thorough picture of the market.
    The research begins with an introduction, a general overview, objectives, a definition of the market, a description of its scope, and an estimate of its size. The market report offers the most recent information on market predictions, technical advancements, and industry trends. Based on market size, market growth, projected future growth, and available opportunities, this Genomics Services market report offers a thorough overview of the industry.
    Sample Report https://www.snsinsider.com/sample-request/2873
    Market Segmentation Analysis
    Data about Genomics Services market regions and countries are included in the market research report. For sales volume, production, consumption, imports, and exports, estimates are made. The market research report segments the global market on the basis of product type, application, end-use, and region to understand it in deeper level. In order to have a thorough understanding of the market, this study covers each of the major segments as well as each of its sub-segments.
    COVID-19 Impact Analysis
    The latest research report offers market data, industry assessments, forecasts, and projections in light of COVID-19's effects on the Genomics Services market. Market participants who are putting together plans for pandemic-like situations may find this material valuable. The research report takes a close look at COVID-19, significant governmental initiatives, alterations in consumer demand and behavior, buying patterns, supply chain redirection, and current market dynamics.
    Check Discounts On https://www.snsinsider.com/discount/2873
    Regional Outlook
    The market research report details market import, export condition, SWOT analysis, and utilization ratio on a global and regional level. The Genomics Services market may be classified into five major geographic regions based on regional analysis: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
    Competitive Analysis
    The leading participants in the market for Genomics Services are discussed, together with their market shares, product portfolios, and company biographies. Based on their production volume, gross margin, market value, and pricing strategy, the leading market participants are assessed. Aspiring businesspeople in the industry would benefit from competitive market conditions when strategizing. The data in this report will be useful in guiding the development of the company.
    Key Reasons to Buy Genomics Services Market Report
    • Investigate manufacturing procedures, important obstacles, and development risk mitigation strategies through market research.

    • The research report helps readers understand the growth factors, industry plans, policies, and development strategies implemented by significant market participants.
    Conclusion
    The Genomics Services market research report will help readers comprehend the tactics employed by prosperous businesses to thrive in the sector.
    Buy full report on https://www.snsinsider.com/checkout/2873
    Key players
    The major players are F. Hoffmann-La Roche Ltd, Agilent Technologies, Thermo Fisher Scientific, Inc, Bio-Rad Laboratories, Inc, 23andMe, Inc., Illumina, Inc, Myriad Genetics, Inc., Foundation Medicine, Inc., Pacific Biosciences, Oxford Nanopore Technologies, BGI and Danaher and others players

    Contact info
    Akash Anand – Head of Business Development & Strategy
    info@snsinsider.com
    Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

    Genomics Services Market Analysis with COVID-19 Impact on Business Growth, and Forecast 2024-2031 Market Scope & Overview The feasibility studies, SWOT analysis, and information on the anticipated market are all examined in the study. The market research study on Genomics Services Market uses graphs, pie charts, and other graphics to present data and statistics. End users, the industry growth curve, and current, thorough product knowledge will all be key drivers of revenue and profitability. The research sheds light at the market's current state in order to predict potential future developments and potential risks. The report's objective is to present a thorough picture of the market. The research begins with an introduction, a general overview, objectives, a definition of the market, a description of its scope, and an estimate of its size. The market report offers the most recent information on market predictions, technical advancements, and industry trends. Based on market size, market growth, projected future growth, and available opportunities, this Genomics Services market report offers a thorough overview of the industry. Sample Report https://www.snsinsider.com/sample-request/2873 Market Segmentation Analysis Data about Genomics Services market regions and countries are included in the market research report. For sales volume, production, consumption, imports, and exports, estimates are made. The market research report segments the global market on the basis of product type, application, end-use, and region to understand it in deeper level. In order to have a thorough understanding of the market, this study covers each of the major segments as well as each of its sub-segments. COVID-19 Impact Analysis The latest research report offers market data, industry assessments, forecasts, and projections in light of COVID-19's effects on the Genomics Services market. Market participants who are putting together plans for pandemic-like situations may find this material valuable. The research report takes a close look at COVID-19, significant governmental initiatives, alterations in consumer demand and behavior, buying patterns, supply chain redirection, and current market dynamics. Check Discounts On https://www.snsinsider.com/discount/2873 Regional Outlook The market research report details market import, export condition, SWOT analysis, and utilization ratio on a global and regional level. The Genomics Services market may be classified into five major geographic regions based on regional analysis: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Competitive Analysis The leading participants in the market for Genomics Services are discussed, together with their market shares, product portfolios, and company biographies. Based on their production volume, gross margin, market value, and pricing strategy, the leading market participants are assessed. Aspiring businesspeople in the industry would benefit from competitive market conditions when strategizing. The data in this report will be useful in guiding the development of the company. Key Reasons to Buy Genomics Services Market Report • Investigate manufacturing procedures, important obstacles, and development risk mitigation strategies through market research. • The research report helps readers understand the growth factors, industry plans, policies, and development strategies implemented by significant market participants. Conclusion The Genomics Services market research report will help readers comprehend the tactics employed by prosperous businesses to thrive in the sector. Buy full report on https://www.snsinsider.com/checkout/2873 Key players The major players are F. Hoffmann-La Roche Ltd, Agilent Technologies, Thermo Fisher Scientific, Inc, Bio-Rad Laboratories, Inc, 23andMe, Inc., Illumina, Inc, Myriad Genetics, Inc., Foundation Medicine, Inc., Pacific Biosciences, Oxford Nanopore Technologies, BGI and Danaher and others players Contact info Akash Anand – Head of Business Development & Strategy info@snsinsider.com Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
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  • Narrowband IoT (NB-IoT) Chipset Market Analysis with COVID-19 Impact on Business Growth, and Forecast 2024-2031

    Market Scope & Overview
    The study's thorough understanding of the (NB-IoT) Chipset market sector and recommendations for how to position oneself for competitive advantage would be helpful to market participants, investors, stakeholders, and new market entrants alike. The report offers an analytical review of the Narrowband IoT (NB-IoT) Chipset market together with current trends and future estimates in order to find potential investment possibilities. The sales, revenue, and pricing assessments of lead producers, distributors, traders, and dealers are among the major elements impacting the development of this industry. Its statistical analysis of the global market takes into account important metrics including CAGR, revenue, volume, and market share. A substantial number of international market intelligence studies are included.
    The Porter's Five Forces, prospects, significant segmentation, strategies, key drivers of growth, and the competitive landscape are all examined in the Narrowband IoT (NB-IoT) Chipset market analysis. This study should be beneficial to market investors, stakeholders, and existing and potential market participants who wish to better understand market dynamics and gain a competitive advantage. Predictions for the post-pandemic environment and the effects of the COVID-19 pandemic on the market are also included.

    Market Segmentation
    To better understand market dynamics, the global Narrowband IoT (NB-IoT) Chipset market is divided into four categories: product type, application, geography, and end-use. This study, which includes tables and figures to aid in the research, offers important information on the state of the market and is a great resource for companies and people who are interested in the market. In the most recent global market analysis for the review period, the market is segmented into many groups based on product type, end use, and application. Nevertheless, these regions are thoroughly investigated and regional and national market research are both undertaken.
    Get Sample Copy of this Report @ https://www.snsinsider.com/sample-request/1370

    Regional Outlook
    The study examines the narrow band technologies market in North America, Europe, Asia Pacific, and the Rest of the World. In 2023, North America's market reached USD 1.87 billion and is forecasted to grow at a CAGR of 43.90% during the study period. This growth is attributed to leading network service providers like Qualcomm Inc., AT&T, Verizon (Celico Partnership), and T-Mobile US Inc., catering to industrial and commercial sectors. Factors such as high disposable income, increasing tech adoption, and continuous innovation drive market growth in North America.
    As for Discount on This Exclusive Report @ https://www.snsinsider.com/discount/1370

    Competitive Scenario
    In-depth analyses of macroeconomic data, controlling factors, and market attractiveness by segment are all included in the study document. The development of the main market rivals was assessed using the SWOT analysis, feasibility research, investment return analysis, and Porter's five forces analysis, among other tools. The study provides a comprehensive analysis of the global Narrowband IoT (NB-IoT) Chipset market based on the degree of competition and its anticipated development. The market research is based on information gathered directly from sources, qualitative and competitive analysis by industry analysts, input from industry experts, and input from businesses at all levels of the industry.

    Major Questions Covered in the Narrowband IoT (NB-IoT) Chipset Market Report
    • What are the main market trends and the elements encouraging or impeding growth?

    • What business opportunities might stakeholders expect as a result of identifying high-growth industries?

    • What are the major events and initiatives taken placed in the target market?

    Report Conclusion
    To learn more about the, Narrowband IoT (NB-IoT) Chipset Market request an analyst briefing. You can use the research report's authentic data to make sound business decisions that benefit the market
    Buy This Report @ https://www.snsinsider.com/checkout/1370

    Key Players
    The Key Player in Global Narrowband IoT (NB-IoT) Chipset Market are Huawei, RDA, MediaTek, Cheerzing, Altair Semiconductor (Sony Group Company),Telit Communications, Nordic Semiconductor, Sequans Communications, Qualcomm, ZTE, Sanechips, u-blox, Samsung, Sierra Wireless, Sercomm, Quectel ,Intel and others

    Contact Us
    Akash Anand – Head of Business Development & Strategy
    info@snsinsider.com
    Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
    Narrowband IoT (NB-IoT) Chipset Market Analysis with COVID-19 Impact on Business Growth, and Forecast 2024-2031 Market Scope & Overview The study's thorough understanding of the (NB-IoT) Chipset market sector and recommendations for how to position oneself for competitive advantage would be helpful to market participants, investors, stakeholders, and new market entrants alike. The report offers an analytical review of the Narrowband IoT (NB-IoT) Chipset market together with current trends and future estimates in order to find potential investment possibilities. The sales, revenue, and pricing assessments of lead producers, distributors, traders, and dealers are among the major elements impacting the development of this industry. Its statistical analysis of the global market takes into account important metrics including CAGR, revenue, volume, and market share. A substantial number of international market intelligence studies are included. The Porter's Five Forces, prospects, significant segmentation, strategies, key drivers of growth, and the competitive landscape are all examined in the Narrowband IoT (NB-IoT) Chipset market analysis. This study should be beneficial to market investors, stakeholders, and existing and potential market participants who wish to better understand market dynamics and gain a competitive advantage. Predictions for the post-pandemic environment and the effects of the COVID-19 pandemic on the market are also included. Market Segmentation To better understand market dynamics, the global Narrowband IoT (NB-IoT) Chipset market is divided into four categories: product type, application, geography, and end-use. This study, which includes tables and figures to aid in the research, offers important information on the state of the market and is a great resource for companies and people who are interested in the market. In the most recent global market analysis for the review period, the market is segmented into many groups based on product type, end use, and application. Nevertheless, these regions are thoroughly investigated and regional and national market research are both undertaken. Get Sample Copy of this Report @ https://www.snsinsider.com/sample-request/1370 Regional Outlook The study examines the narrow band technologies market in North America, Europe, Asia Pacific, and the Rest of the World. In 2023, North America's market reached USD 1.87 billion and is forecasted to grow at a CAGR of 43.90% during the study period. This growth is attributed to leading network service providers like Qualcomm Inc., AT&T, Verizon (Celico Partnership), and T-Mobile US Inc., catering to industrial and commercial sectors. Factors such as high disposable income, increasing tech adoption, and continuous innovation drive market growth in North America. As for Discount on This Exclusive Report @ https://www.snsinsider.com/discount/1370 Competitive Scenario In-depth analyses of macroeconomic data, controlling factors, and market attractiveness by segment are all included in the study document. The development of the main market rivals was assessed using the SWOT analysis, feasibility research, investment return analysis, and Porter's five forces analysis, among other tools. The study provides a comprehensive analysis of the global Narrowband IoT (NB-IoT) Chipset market based on the degree of competition and its anticipated development. The market research is based on information gathered directly from sources, qualitative and competitive analysis by industry analysts, input from industry experts, and input from businesses at all levels of the industry. Major Questions Covered in the Narrowband IoT (NB-IoT) Chipset Market Report • What are the main market trends and the elements encouraging or impeding growth? • What business opportunities might stakeholders expect as a result of identifying high-growth industries? • What are the major events and initiatives taken placed in the target market? Report Conclusion To learn more about the, Narrowband IoT (NB-IoT) Chipset Market request an analyst briefing. You can use the research report's authentic data to make sound business decisions that benefit the market Buy This Report @ https://www.snsinsider.com/checkout/1370 Key Players The Key Player in Global Narrowband IoT (NB-IoT) Chipset Market are Huawei, RDA, MediaTek, Cheerzing, Altair Semiconductor (Sony Group Company),Telit Communications, Nordic Semiconductor, Sequans Communications, Qualcomm, ZTE, Sanechips, u-blox, Samsung, Sierra Wireless, Sercomm, Quectel ,Intel and others Contact Us Akash Anand – Head of Business Development & Strategy info@snsinsider.com Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
    0 Commentarios 0 Acciones 9608 Views 0 Vista previa
  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
    0 Commentarios 0 Acciones 27487 Views 0 Vista previa
  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Physical Vapor Deposition Market Size, Share, Growth Rate, 2028
    The global physical vapor deposition market is projected to grow from $23.56 billion in 2021 to $40.97 billion in 2028 at a CAGR of 8.2% in forecast period
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  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Physical Vapor Deposition Market Size, Share, Growth Rate, 2028
    The global physical vapor deposition market is projected to grow from $23.56 billion in 2021 to $40.97 billion in 2028 at a CAGR of 8.2% in forecast period
    0 Commentarios 0 Acciones 23506 Views 0 Vista previa
  • The polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to touch USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028."



    IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698

    Segmentation-

    Growing Demand for Bedding ProductsSpurs PolyurethaneSegment

    On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses.

    Rise in Residential Constructional Activities Surge demand in Building & ConstructionSegment

    In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier.

    Report Coverage

    The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors, such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market's growth.

    Drivers and Restraints

    Increasing Stress Level among the Students and Working Classto Stimulate Product Demand

    The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth.

    Regional Insights

    Growing Awareness about Energy Security Nurtures Growth in North America

    Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging.

    Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design.

    The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand.

    Competitive Landscape

    Partnerships among Renowned Companies to Grow Its Client Base

    Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions.

    Industry Developments:

    March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base.

    List of the Companies Profiled in the Polymer Foam Market:

    Synthos (Poland)
    Sekisui Alveo (Switzerland)
    KANEKA CORPORATION (Japan)
    Toray (Japan)
    BASF SE (Germany)
    Sealed Air (U.S.)
    Arkema (France)
    Armacell International S.A. (Germany)
    The polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to touch USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028." IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698 Segmentation- Growing Demand for Bedding ProductsSpurs PolyurethaneSegment On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses. Rise in Residential Constructional Activities Surge demand in Building & ConstructionSegment In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier. Report Coverage The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors, such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market's growth. Drivers and Restraints Increasing Stress Level among the Students and Working Classto Stimulate Product Demand The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth. Regional Insights Growing Awareness about Energy Security Nurtures Growth in North America Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging. Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design. The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand. Competitive Landscape Partnerships among Renowned Companies to Grow Its Client Base Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions. Industry Developments: March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base. List of the Companies Profiled in the Polymer Foam Market: Synthos (Poland) Sekisui Alveo (Switzerland) KANEKA CORPORATION (Japan) Toray (Japan) BASF SE (Germany) Sealed Air (U.S.) Arkema (France) Armacell International S.A. (Germany)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Polymer Foam Market Size | Global Industry Forecast [2020-2027]
    The global polymer foam market size was $114.88 billion in 2019 & it is projected to reach $157.63 billion by 2027, exhibiting a CAGR of 7.73% in forecast period
    0 Commentarios 0 Acciones 18021 Views 0 Vista previa
  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Physical Vapor Deposition (PVD) Market Size & Growth, 2028
    The global physical vapor deposition market is projected to grow from $23.56 billion in 2021 to $40.97 billion in 2028 at a CAGR of 8.2% in forecast period
    0 Commentarios 0 Acciones 17834 Views 0 Vista previa
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