Deposition Machines Market: Latest Innovations, Drivers And Industry Key Events 2019 - 2027
Global Deposition Machines Market – Introduction
- Deposition machines help to apply a thin film of material on to a substrate or to a previously deposited layer on a material. Thin films are thin material layers ranging from fractions of a nanometer to several micrometers in thickness. These machines provide coatings to objects for better finishing and shine. The deposition machine is also called sputtering machine. It is used in various techniques of deposition such as vacuum deposition, physical vapor deposition, thin film deposition, and vapor deposition. Deposition is a process used to deposit layers of material atom by atom or molecule by molecule on a solid surface. The global deposition market has grown significantly during the last few years due to technological advancement and innovation of new products. The market is expected to continue growing at a healthy rate in the next few years.
Atomic layer deposition driving demand for producing nano sized films
- Demand for atomic layer deposition solutions is increasing and thus it enables the use of new materials and designs for advanced chip manufacturing. Industries are increasingly adopting the miniaturization trend globally, i.e. the trend to manufacture even smaller mechanical, optical, and electronic products and devices, leading to an increased demand for miniaturized electronics and equipment. Atomic layer deposition is one of the most popular methods and has gained interest as it produces nano sized thin films and nano sized coatings on substrates. These thin films or coatings applied by atomic layer deposition are highly conformal and can be utilized on a large range of geometrically complex surfaces, thus generating demand.
Deposition machines are extensively used in semiconductors and electronics
- The semiconductors segment consists of a plethora of electronic data storage devices which find application in consumer devices, commercial IT applications, computers, and the emerging spectrum of IoT applications. Deposition machines are used to coat a film on all these objects and improve appearance and durability of semiconductor objects. Additionally, rising sale of electronic products in various parts of the globe has led to increased use of deposition machines. Therefore, high usage of deposition machines in semiconductors, medical devices and products, consumer electronics, fiber lasers, LED displays, optical filters, compound semiconductors, precision optics, and microscopy is impacting the market.
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North America to Dominate the Global Deposition Machine Market
- The global deposition machine market can be segmented into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America accounted for major share of the global deposition machine market in 2020. The market in North America and Europe is anticipated to expand at a rapid pace due to extensive scientific laboratory testing of semiconductors, highly developed medical systems, and advanced 3D printing technologies enabling the use of deposition machines in countries such as the U.S., Canada, Mexico, Germany, and France, which is projected to surge the sales of deposition machines in the near future.
- The market in Asia Pacific is expected to expand at a significant growth rate during the forecast period due to industrialization, a growing electronics market in Asia, and scientific and chemical test laboratories in China, India, Japan, and other countries in Southeast Asia which is projected to surge the demand for deposition machines.
Key Players Operating in the Global Deposition Machine Market
Major players operating in the global deposition machine market are likely to face intense competition during the forecast period. Prominent companies such as Vapor Technologies, Inc., Alliance Concept, Azo Materials, and LabX.com are focusing on making innovative and technologically advanced machines. The companies are also undertaking mergers and acquisitions to gain a strong position in the market.
Some of the prominent companies in the global deposition machine market are listed below:
- Vapor Technologies, Inc.
- Alliance Concept
- Azo Materials
- LabX.com
- MBRAUN
- BeAM
- CVD Equipment Corporation
- Forge Nano
- Bobst
- Creating Nano Technologies Inc.
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