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Global Sputtering Equipment Market
The Global demand for the Sputtering Equipment market is expected to grow at a CAGR of xx%, xx% xx%, and xx% respectively in Europe, North America, APAC, and the Middle East.
The Sputtering Equipment market was valued at US$ xx Mn in 2019 is expected to reach US$ xx Mn by the end of 2026 at a CAGR of 6.2% from 2020 to 2026. Sputter deposition is also known as physical vapor deposition, or PVD, it is a widely used technique for depositing thin metal layers on Micro electro-mechanical system (MEMS) wafers.
Global Sputtering Equipment Market Dynamics:
Increasing growth of piezoelectric MEMS due to the development of micromachined piezoelectric devices
Sensors are used in a variety of applications such as microphones, amplified guitars, and medical imaging equipment thus, this has led to increasing demand for piezoelectric MEMS which in turn has made a positive impact on the sputtering equipment market. Increasing demand from various end-use industries along with growing applications and many organizations are adopting an advanced system that is work efficient, flexible, and accurate and cost savings ...
... to monitor real-time data requirement. Deployment of piezoelectric MEMS sensor in the automotive and healthcare which includes tire pressure, oil pressure, fuel pressure, CT scan, X-ray machines, ECG, and with the development of micromachined piezoelectric devices. This leverages a positive impact on the piezoelectric MEMS sensor market which results in a positive impact on the demand of the sputtering equipment market.
Surging demand for nanoscopic components in devices due to increasing trend of miniaturization
The growth in the Micro electro-mechanical system (MEMS) industry and increasing production of electronics devices have led to increasing demand for sputtering equipment. Manufacturers are coming up with new advance In-line sputtering systems and extensive use of sputtering equipment in the integrated circuit manufacturing process and wafer fabrication has made a positive impact on the demand of the sputtering equipment market. Miniaturization trends to manufacture ever-smaller mechanical, optical, and electronic products and devices. Scientists and governments have recognized the need for an urgent and substantial shift in the world's mechanisms of energy production and consumption in order to arrest its momentum toward environmental cataclysm. As a result, there is a surging demand for Nanoscope components in various electronics & electrical devices which is triggering the growth of the global sputtering equipment market.
The report has profiled ten key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in the Europe. Major country’s policies about manufacturing and their impact on Sputtering Equipment demand are covered in the report.
Global Sputtering Equipment Market Segment Analysis:
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The logic and memory segment is expected grow at a CAGR of xx% during the forecast period.
By applications, in 2019, the global logic and memory segment was xx% and it is estimated to reach USD$ XX Mn by 2026. Introduction of new architectural logic-in-memory architecture memory wall, convolutional neural networks, emerging technologies, perpendicular Nano Magnetic Logic are driving the market growth. Extensive use of logic and memory such as in smartphones, tablets, and other electronic devices are further contributing to the market growth.
The micro electro mechanical system (MEMS) segment is the second-largest segment that is expected to reach USD$ XX Mn by 2026. Rising adoptions of these techniques in microfabrication and in IoT, Health care, and automotive applications are fuelling the market growth.
Global Sputtering Equipment Market Regional Insights:
Asia Pacific is expected to grow at a CAGR of xx% during the forecast period and is expected to reach xx% market share by 2026
The Asia Pacific region held the largest market share in 2019 and is anticipated to maintain its leading position in the coming years. The market growth in the Asia Pacific is accelerated by rising consumers of electronic devices, key manufacturers operating in this market are investing more in R & D. China, India and Korea are the leading countries in which the demand is high, the presence of dominant key players of Micro electro-mechanical system (MEMS) device manufacturing and growing adoption of thin-film technology is further fuelling the market growth. Rising population, increasing demand for semi-finished goods, growing penetration, and adoption of new advanced technologies are boosting the market growth in North America.
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Global Sputtering Equipment Market, By Region
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• South America
Global Sputtering Equipment Market Major Key Players
• Applied Materials
• Canon Anelva Corporation
• OC Oerlikon
• Kurt J. Lesker Company (KJLC)
• Veeco Instruments, Inc.
• Semicore Equipment, Inc.
• Impact Coatings AB.
• Other
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