North America Vacuum Coating Equipment Market Size to Surpass $ 14 BN by 2024
Category: #business  By Partha Ray  Date: 2020-06-04
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North America Vacuum Coating Equipment Market Size to Surpass $ 14 BN by 2024

The research report on ‘North America Vacuum Coating Equipment Market Size By Application, Product, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2024’, which is available at MarketStudyReport.com, provides complete assessment of the key industry trends and the growth predictions of North America vacuum coating equipment market.

According to the report, North America vacuum coating equipment industry is expected to surpass USD 14 billion by the year 2024. Factors such as increasing awareness pertaining to vacuum coating along with booming electronics and aerospace sectors in U.S. are driving the industry growth. There has been an upsurge in demand for vacuum coating in automotive industry as an alternative to other processes. This factor along with shifting preferences towards renewable sources of energy, and favorable government initiatives which promote adoption of solar power are further aiding the market expansion in North America.

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As per the report, CVD vacuum coating segment accounted for USD 3.4 billion in the year 2018 and is expected to grow with a CAGR of 6.5% during the period of 2019-2024. This technique is applied for low-k dielectrics, metal organic frameworks, integrated circuits, gas sensing, polymerization, and photovoltaic devices. Adding to this, rapid expansion of automotive industry has enhanced the demand for CVD technique based metal frameworks, which in turn is favoring North America industry outlook.

The report states that North America vacuum coating market from PVD technique held 40% share in the year 2018 and is presumed to expand continuously during the estimated timeframe. PVD coating is used across various applications such as storage, cutting tools, microelectronics, solar, medical equipment, and automobile. This factor along with growing automobile, fabrication, power generation, and electronics industries are facilitating the business scenario in North America.

The prominent companies operating in North America vacuum coating equipment industry are Semicore Equipment, ULVAC, Inc., Applied Materials, Scientific Vacuum Systems Ltd., PVD Products, Inc., Singulus Technologies, BCI Blösch, Buhler AG, and Kolzer SRL.

Question and Answers: North America Vacuum Coating Equipment Market

Question 1: What are the key growth drivers for North America vacuum coating equipment industry?

Answer: Factors such as increasing awareness pertaining to vacuum coating along with booming electronics and aerospace sector in U.S. are driving the growth of North America vacuum coating equipment industry. There has been an upsurge in demand for vacuum coating in automotive industry as an alternative to other processes. This factor along with shifting preferences towards renewable sources of energy, and favorable government initiatives which promote adoption of solar power are further aiding the market expansion in North America.

Question 2: What factors are contributing towards the popularity of PVD technique in North America?

Answer: The report states that North America vacuum coating market from PVD technique held 40% share in the year 2018 and is presumed to expand continuously during the estimated timeframe. PVD coating is used in various applications such as storage, cutting tools, microelectronics, solar, medical equipment, and automobile. This factor along with growing automobile, fabrication, power generation, and electronics industries are facilitating the business scenario in North America.

Question 3: How will North America CVD vacuum coating equipment market segment expand in the forthcoming years?

Answer: The report cites that CVD vacuum coating segment accounted for USD 3.4 billion in the year 2018 and is expected to grow with a CAGR of 6.5% during the period of 2019-2024. This technique is applied for low-k dielectrics, metal organic frameworks, integrated circuits, gas sensing, polymerization, and photovoltaic devices. Adding to this, rapid expansion of automotive industry has enhanced the demand for CVD technique based metal frameworks, which in turn is favoring North America vacuum coating equipment industry outlook.

Question 4: Which companies formulate the competitive landscape of North America vacuum coating equipment market?

Answer: The prominent companies operating in North America vacuum coating equipment industry are Semicore Equipment, ULVAC, Inc., Applied Materials, Scientific Vacuum Systems Ltd., PVD Products, Inc., Singulus Technologies, BCI Blösch, Buhler AG, and Kolzer SRL.

Table of Content:

Chapter 1.  Methodology    Scope

Chapter 2.  Executive Summary

Chapter 3.  Industry Insights

Chapter 4.   North America Vacuum Coating Equipment Market Size, By Product, 2013 - 2024

Chapter 5.   North America Vacuum Coating Equipment Market Size, By Application, 2013 - 2024

Chapter 6.     North America Vacuum Coating Equipment Market Size, by Country, 2013 - 2024

Chapter 7.   Company Profiles

Complete Report At: https://www.marketstudyreport.com/reports/north-america-vacuum-coating-equipment-market-statistics

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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