COVID-19 has had a positive impact on the market as countries all over the world are planning to expand their semiconductor manufacturing capabilities during the post-pandemic.
With a market share of over 41% in market revenue in 2021, Asia Pacific region has emerged as the world's largest plasma-enhanced chemical vapor deposition market. Due to China's dominance as the world's largest and most significant semiconductor producer, the Asia Pacific region dominated the plasma-enhanced chemical vapor deposition market.
The market for plasma-enhanced chemical vapor deposition in the US is expanding due to rising demand for medical equipment and gadgets and environmental concerns around Cr6. Along with increasing demand for solar cells, plasma-enhanced chemical vapor deposition market demand is also rising in the US.
The PECVD industry's competitive environment provides information on the entire economic profit made by suppliers and businesses, the PECVD market share globally, the sales and revenues created in this sector, the introduction of new products, the business organization summary, and the opportunities for the industrial PECVD market.
Instead of using plastic or metal surfaces, the PECVD system leverages the deposition technique for high-performance thin solid coating, powders, fibers, and monolithic components. This technique leverages the plasma's energy to start chemical processes that would otherwise need to be started at higher temperatures for traditional CVD to work. Therefore, these factors will continue to support the market for plasma-enhanced chemical vapor deposition (PECVD) systems during the projected period.
To improve their market positions in the plasma-enhanced chemical vapor deposition equipment market, the major companies are presently focusing on adopting product innovations, mergers and acquisitions, new developments, joint ventures, collaborations, and partnerships. In Japan, Samco, a major player in the PECVD market and a manufacturer of plasma processing equipment for the semiconductor industry, has opened a new PECVD manufacturing facility. Additionally, it has been stated that a demonstration facility for atomic layer deposition will be built at the same unit. Samco's market share will increase due to the deal, which will also help it dominate the Asian compound semiconductor market.
Some major players in the PECVD market are Applied Materials, Inc., Oxford Instruments, NAURO Technology Group Co. Ltd., Lam Research Corporation, SPTS Technologies Ltd., Samco Inc., Plasma-Therm, Denton Vacuum, ULVAC, Inc., and Trion Technology.
People are trying to improve their living conditions and quality of life as disposable income rises. Because PECVD is utilized in semiconductors that are heavily employed in smart-linked devices, the demand for office spaces and smart homes has increased as people seek comfort and luxury. For use in electronics like computers, TVs, smartphones, and other gadgets, PECVD also offers outstanding optical clarity. It is also utilized in solar cells, and the market for PECVD will benefit from the demand for solar cells as a substitute for conventional energy sources. Countries worldwide are focusing on expanding their semiconductor production capacities to become self-sufficient after the COVID-19 epidemic caused supply chain interruptions in producing and distributing semiconductors. Such advancements would positively impact the expansion of the PECVD industry worldwide.
The PECVD method requires significant capital investment to be developed continuously, which could restrain the market's expansion. The market may suffer from PECVD's limitations, such as a lack of control over the species present in the reactor and accidental ion implantation or bombardment.
Due to rising spending on research and development, numerous applications of plasma-enhanced chemical vapor deposition (PECVD) technology have been made in the semiconductor and electronics sectors. Due to its smooth, tiny structure and excellent malleability, plasma-enhanced chemical vapor deposition equipment is a perfect material for anti-reflective films, optical filters, and devices with undesirable refractive indices. Equipment for plasma-enhanced chemical vapor deposition is used extensively in electronics and microelectronics due to its optical clarity.
The Asia Pacific area has emerged as the world's largest plasma-enhanced chemical vapor deposition market, with a market share of over 41% in terms of market revenue in 2021. The Asia Pacific area led the market for plasma-enhanced chemical vapor deposition due to China's supremacy as the world's largest and most significant semiconductor maker. India offers lending facilities and policies to entice national and international companies to set up semiconductor manufacturing facilities. After the pandemic-related supply chain interruptions, there has been an increasing trend toward relying on a more diverse supplier group rather than just China for semiconductors. India is a potential participant that other nations view as a trustworthy supplier of semiconductors. In conclusion, China and India's contributions to the semiconductor industry will support the growth of the plasma-enhanced chemical vapor deposition market in the Asia Pacific region.
The global plasma-enhanced chemical vapor deposition market is anticipated to grow at a substantial CAGR of 9.8% in the upcoming years. The global plasma-enhanced chemical vapor deposition industry was estimated to be worth USD ** billion in 2021 and was expected to be worth USD ** billion by 2028.
The study and development of PECVD as plasma coatings on solar cell component microelectronics is largely funded by market participants. Governments are also helping with this by giving grants to research and educational organizations that examine the expanding uses of PECVD coatings. This investment will broaden the applications for PECVD by revealing novel and interesting uses.
REPORT ATTRIBUTE | DETAILS |
---|---|
Plasma-Enhanced Chemical Vapour Deposition Market by Volume |
Yes |
Market by Value |
Yes |
Market, Tornado Analysis |
Yes |
Market, STAR Analysis |
Yes |
Market, SRC Analysis |
Yes |
Market, Import-Export Data |
Yes (On Demand) |
Market Pricing Analysis |
Yes (On Demand) |
Market Segment Analysis |
By Type (Anode PECVD Systems and Cathode PECVD Systems) By Application (Semiconductor Industry, Solar Industry, and Others) |
Market, Regional Analysis |
North America (US and Canada) Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe) Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East and Africa (GCC Countries, South Africa, and Rest of Middle East and Africa) |
Market Key Companies |
Applied Materials, Inc., Lam Research Corporation, Oxford Instruments, NAURO Technology Group Co. Ltd., SPTS Technologies Ltd., ULVAC, Inc., Samco Inc., Plasma-Therm, Denton Vacuum, and Trion Technology |
Market Competitive Landscape |
Market Share Analysis Competitive Benchmarking Key Players Market Positioning Geographical Presence Analysis Major Strategies Adopted |
Global PECVD Market – By Type
Global PECVD Market – By Application
Global PECVD Market – By Region
COVID-19 has had a positive impact on the market as countries all over the world are planning to expand their semiconductor manufacturing capabilities during the post-pandemic.
Asia Pacific accounted for the most heightened share in the global potassium derivatives market.
Increasing demand for medical equipment and rise in the semiconductor industry to drive the PECVD market.
Anode PECVD Systems segment had a major share in the global market in 2021.
Semiconductor Industry segment had a major share in the global market.
Report Attribute | Details |
---|---|
Market Value in 2021 | USD XXbillion |
Market Value in 2028 | USD XX billion |
CAGR | XX% |
Benchmarking Year | 2021 |
Past data | 2016 – 2021 |
Forecast period | 2022 – 2028 |