How big is the physical vapor deposition market | Suppliers 2025

How big is the physical vapor deposition market?

The market is expanding due to increasing demand for advanced coating technologies in electronics, automotive, and medical devices, as well as the growing need for wear-resistant, decorative, and functional thin films.

Key Growth Drivers of the Physical Vapor Deposition Market

• Increasing number of semiconductor manufacturers using PVD and microelectronics
• Wear-resistant coatings demand in the automobile and aerospace industries
• Medical implants and surgical instruments PVD are gaining popularity in medical applications
• Transformation of coatings to environmentally friendly coating technologies
• Increasing need of decorative finish in consumer goods

Physical Vapor Deposition Market Trends

Physical vapor deposition market is witnessing trends such as the integration of PVD with nanotechnology for high-performance coatings, expansion in flexible electronics applications, and increasing customization of coatings for specific industrial requirements. Novel low-temperature PVD processes and utilize of novel materials such as titanium nitride and diamond-like carbon are also eminent.

Emerging Developments in the Physical Vapor Deposition Market

Physical vapor deposition market is experiencing developments such as adoption of PVD in solar cell production, use in advanced optical coatings for aerospace, and automated PVD systems for large-scale manufacturing. Partnerships involving manufacturers and end-users of equipment are increasing the efficiency of the process, and AI-based process monitoring is resulting in better quality and consistency of coating.

List of Leading Companies in the Physical Vapor Deposition Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Applied Materials, Inc.

Applied Materials, Inc. is headquartered in Santa Clara, California, USA. The company provides advanced PVD equipment and solutions for semiconductors, displays, and industrial applications, enhancing coating performance, durability, and efficiency across multiple high-tech industries.

2. Oerlikon Balzers (Oerlikon Group)

Oerlikon Balzers delivers PVD coating technologies for automotive, aerospace, medical, and tooling applications, improving component lifespan, performance, and energy efficiency in demanding operational environments worldwide.

3. ULVAC, Inc.

ULVAC manufactures advanced PVD systems and vacuum equipment for electronics, optics, and industrial manufacturing, enabling precision coatings, improved productivity, and superior surface properties.

4. Kurt J. Lesker Company

Kurt J. Lesker Company supplies PVD systems, vacuum components, and deposition materials, serving research institutions, semiconductor manufacturers, and industrial clients with high-quality and customizable solutions.

5. Veeco Instruments Inc.

Veeco provides advanced thin film deposition equipment, including PVD solutions, for semiconductor, data storage, and optics industries, delivering precision, scalability, and high-yield manufacturing capabilities.

6. Intevac, Inc.

Intevac specializes in PVD systems for hard disk drive media, semiconductor, and advanced material applications, offering high-throughput, reliable, and energy-efficient coating solutions.

7. Angstrom Engineering Inc.

Angstrom Engineering designs and manufactures PVD systems for research, aerospace, electronics, and optics, enabling high-precision thin film deposition with customizable configurations and process control.

8. IHI Ionbond AG

IHI Ionbond provides industrial PVD and PACVD coating services, enhancing wear resistance, corrosion protection, and performance for cutting tools, automotive components, and medical devices.

9. Singulus Technologies AG

Singulus Technologies develops PVD and vacuum coating equipment for optical media, solar, semiconductor, and packaging industries, focusing on efficiency, sustainability, and advanced material capabilities.

10. Platit AG

Platit AG manufactures PVD coating systems for cutting tools, forming tools, and components, delivering improved wear resistance, hardness, and productivity across industrial manufacturing applications.

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