Product Code: GVR-1-68038-997-5
Chemical Vapor Deposition Market Growth & Trends:
The global chemical vapor deposition market size is anticipated to reach USD 40.73 billion by 2030 and expand at a CAGR of 9.0% during the forecast period, according to a new report by Grand View Research, Inc. The rapid development in technology facilitating the increasing use of chemical vapor deposition (CVD) process in several applications is expected to drive the market growth over the forecast period.
The rising demand for high-performance materials in aerospace and electronics industry is an important market driver. In addition, government initiatives in emerging economies to increase semiconductor production & innovation in manufacturing technologies are further expected to drive the market.
The key players in the market are keen on advancing chemical vapor deposition technologies with improvements in the components and efficient controls. A new class of CVD machines is being developed where a thin film deposition is done in a wide range of durability, scalability, and tenability with independent control for ion current density and ion energy.
The supply chain design in case of chemical vapor deposition is very complex. The reliance on the complexity of the supply chain is anticipated to grow in the next few years. As a result, companies are restructuring and realigning their businesses to optimize cost structure, increase operational efficiency and effectiveness, reinforce competitive positioning, and hedge against potential supply chain disruptions.
For the market, the threat of substitutes has remained on lower side as product development and technological development are carried out to achieve better reliability and durability with other chemical & physical properties. Moreover, growth in advanced technology, cost reduction, and environment-friendly nature of chemical vapor deposition lead to a higher opportunity for advancements over electroplating.
Market entry strategies are various ways that companies adopt to enter into new or foreign markets. Companies generally use strategies that include licensing, direct exporting, partnering, joint ventures, turnkey projects, acquisitions, and green-field investments. Market entry strategies depend on numerous factors, including tariff rates, trade barriers, competition, export subsidies, price localization, and transportation costs. Hence, key players have adopted various Go-to-Market strategies to develop the market as per their strengths.
Chemical Vapor Deposition Market Report Highlights:
- The CVD equipment segment led the market and accounted for 65.4% of the global CVD market revenue in 2023, owing to the ability of CVD equipment to offer advanced packaging solutions to the semiconductor industry and adoption of CVD materials for wafer-level packaging
- The CVD services segment is likely to grow at a significant pace over the forecast period as companies operating in the electronics industry are increasingly adopting environmentally sustainable and RoHS-compliant coatings and films on products
- The semiconductor & microelectronics segment accounted for largest market revenue share in 2023, as CVD is critical in fabricating high-frequency and high-speed semiconductors in 5G infrastructure. In addition, CVD is used to grow high-quality epitaxial silicon carbide (SiC) layers for power electronics
- The medical equipment segment is likely to grow at a significant pace over the forecast period, owing to the ability of CVD to coat medical devices used in drug-delivery devices. Further, the increasing prevalence of chronic diseases and the need for efficient drug-delivery systems have led to the development of implantable drug-delivery devices
- Asia Pacific dominated the market and accounted for 51.9% market share in 2023 as many semiconductor processors and manufacturers have established their production facilities in Asia Pacific due to favorable government policies towards semiconductor production and high demand for consumer electronics in the region
- The North American market accounted for second largest market share in 2023 as CVD technology enables the production of sophisticated microelectronics, meeting the evolving needs for miniaturization in aerospace, automobile, and defense sector
- In February 2023, Veeco Instruments, Inc. announced its acquisition of Epiluvac AB, a company that specializes in manufacturing chemical vapor deposition (CVD) epitaxy systems. These systems are crucial in facilitating advanced silicon carbide (SiC) related applications within the electric vehicle sector. The combination of Epiluvac's technology platform with Veeco's extensive global market capabilities creates a significant long-term growth opportunity for Veeco
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 Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Chemical Vapor Deposition Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Concentration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Outlook
- 3.3.2. Manufacturing Outlook
- 3.3.3. End-user Outlook
- 3.4. Regulatory Framework
- 3.5. Technology Framework
- 3.6. Impact of Free Trade Agreements
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.7.4. Industry Opportunities
- 3.8. Industry Analysis Tools
- 3.8.1. Porter's Five Forces Analysis
- 3.8.2. Macro-environmental Analysis
- 3.9. Economic Mega Trends Analysis
Chapter 4. Chemical Vapor Deposition Market: Category Estimates & Trends Analysis
- 4.1. Category Movement Analysis & Market Share, 2023 & 2030
- 4.2. Chemical Vapor Deposition Market Estimates & Forecasts, By Category, 2018 to 2030 (USD Billion)
- 4.3. CVD Equipment
- 4.3.1. CVD Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. CVD Materials
- 4.4.1. CVD Materials Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. CVD Services
- 4.5.1. CVD Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Chemical Vapor Deposition Market: Application Estimates & Trends Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Chemical Vapor Deposition Market Estimates & Forecasts, By Application, 2018 to 2030 (USD Billion)
- 5.3. Semiconductor & Microelectronics
- 5.3.1. Semiconductor & Microelectronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Data Storage
- 5.4.1. Data Storage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Solar Products
- 5.5.1. Solar Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Cutting Tools
- 5.6.1. Cutting Tools Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Medical Equipment
- 5.7.1. Medical Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.8. Other
- 5.8.1. Other Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Chemical Vapor Deposition Market: Regional Estimates & Trends Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Chemical Vapor Deposition Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Europe Chemical Vapor Deposition Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. UK
- 6.3.2.1. Key country dynamics
- 6.3.2.2. UK chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. Germany
- 6.3.3.1. Key country dynamics
- 6.3.3.2. Germany chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.3.5. Spain
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Spain chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.3.6. Italy
- 6.3.6.1. Key country dynamics
- 6.3.6.2. Italy chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Chemical Vapor Deposition Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Japan chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. India
- 6.4.4.1. Key country dynamics
- 6.4.4.2. India chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. South Korea
- 6.4.5.1. Key country dynamics
- 6.4.5.2. South Korea chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.4.6. Australia
- 6.4.6.1. Key country dynamics
- 6.4.6.2. Australia chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.5. Central & South America
- 6.5.1. Central & South America Chemical Vapor Deposition Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.5.3. Argentina
- 6.5.3.1. Key country dynamics
- 6.5.3.2. Argentina chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Chemical Vapor Deposition Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key country dynamics
- 6.6.2.2. Saudi Arabia chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
- 6.6.3. South Africa
- 6.6.3.1. Key country dynamics
- 6.6.3.2. South Africa chemical vapor deposition market estimates & forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Chemical Vapor Deposition Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share Analysis
- 7.4. Company Market Positioning
- 7.5. Company Heat Map Analysis
- 7.6. Strategy Mapping
- 7.6.1. Expansion
- 7.6.2. Mergers & Acquisitions
- 7.6.3. Partnerships & Collaborations
- 7.6.4. New Category Launches
- 7.6.5. Research And Developments
- 7.7. Company Profiles
- 7.7.1. CVD Equipment Corporation
- 7.7.1.1. Participant's overview
- 7.7.1.2. Financial performance
- 7.7.1.3. Category benchmarking
- 7.7.1.4. Recent developments
- 7.7.2. Tokyo Electron Limited.
- 7.7.2.1. Participant's overview
- 7.7.2.2. Financial performance
- 7.7.2.3. Category benchmarking
- 7.7.2.4. Recent developments
- 7.7.3. IHI Corporation
- 7.7.3.1. Participant's overview
- 7.7.3.2. Financial performance
- 7.7.3.3. Category benchmarking
- 7.7.3.4. Recent developments
- 7.7.4. Veeco Instruments Inc.
- 7.7.4.1. Participant's overview
- 7.7.4.2. Financial performance
- 7.7.4.3. Category benchmarking
- 7.7.4.4. Recent developments
- 7.7.5. ASM International N.V.
- 7.7.5.1. Participant's overview
- 7.7.5.2. Financial performance
- 7.7.5.3. Category benchmarking
- 7.7.5.4. Recent developments
- 7.7.6. Plasma-Therm LLC
- 7.7.6.1. Participant's overview
- 7.7.6.2. Financial performance
- 7.7.6.3. Category benchmarking
- 7.7.6.4. Recent developments
- 7.7.7. Applied Materials, Inc.
- 7.7.7.1. Participant's overview
- 7.7.7.2. Financial performance
- 7.7.7.3. Category benchmarking
- 7.7.7.4. Recent developments
- 7.7.8. OC Oerlikon Management AG
- 7.7.8.1. Participant's overview
- 7.7.8.2. Financial performance
- 7.7.8.3. Category benchmarking
- 7.7.8.4. Recent developments
- 7.7.9. voestalpine AG
- 7.7.9.1. Participant's overview
- 7.7.9.2. Financial performance
- 7.7.9.3. Category benchmarking
- 7.7.9.4. Recent developments
- 7.7.10. ULVAC Inc.
- 7.7.10.1. Participant's overview
- 7.7.10.2. Financial performance
- 7.7.10.3. Category benchmarking
- 7.7.10.4. Recent developments
- 7.7.11. Aixtron SE
- 7.7.11.1. Participant's overview
- 7.7.11.2. Financial performance
- 7.7.11.3. Category benchmarking
- 7.7.11.4. Recent developments
- 7.7.12. TAIYO NIPPON SANSO CORPORATION
- 7.7.12.1. Participant's overview
- 7.7.12.2. Financial performance
- 7.7.12.3. Category benchmarking
- 7.7.12.4. Recent developments
- 7.7.13. LPE
- 7.7.13.1. Participant's overview
- 7.7.13.2. Financial performance
- 7.7.13.3. Category benchmarking
- 7.7.13.4. Recent developments
- 7.7.14. Nuflare Technology Inc.
- 7.7.14.1. Participant's overview
- 7.7.14.2. Financial performance
- 7.7.14.3. Category benchmarking
- 7.7.14.4. Recent developments
- 7.7.15. RIBER
- 7.7.15.1. Participant's overview
- 7.7.15.2. Financial performance
- 7.7.15.3. Category benchmarking
- 7.7.15.4. Recent developments