PUBLISHER: Grand View Research | PRODUCT CODE: 1750744
PUBLISHER: Grand View Research | PRODUCT CODE: 1750744
The global plasma technology market size is anticipated to reach USD 4,830.1 million by 2030 and is expected to grow at a CAGR of 5.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is witnessing significant growth driven by the expanding semiconductor industry and the booming automotive sector. The rapid rise in electric vehicle (EV) manufacturing has increased the demand for advanced surface treatments and precision component fabrication.
Market opportunities in the plasma technology market are expanding rapidly across multiple industries. Plasma technology enables cleaner, more efficient processes, making it vital for producing high-performance electronics and durable, lightweight automotive parts. The electronics and semiconductor sectors benefit from plasma's precision in etching and deposition processes. The automotive and electric vehicle industries use plasma for surface treatment and component manufacturing.
Regulatory pressures play a crucial role in shaping the plasma technology market by enforcing standards that drive innovation and compliance.U.S. FDA mandates strict approval processes for plasma-based medical devices and therapies to ensure safety and effectiveness. In Europe, CE marking is required for market entry, confirming compliance with EU health and safety standards. Environmental and chemical regulations like REACH govern the use of substances in plasma surface treatments, while RoHS restricts hazardous materials in electronic components, guiding the development of cleaner plasma processes. These regulations collectively shape innovation, compliance, and market access across industries using plasma technologies.
Top players in the plasma technology market, such as Plasmatreat, OC Oerlikon Management AG, andrelyon plasma GmbH are focusing on innovation and expanding their product offerings to cater to different industries. These companies are investing in research and development to introduce advanced plasma technology. Strategic acquisitions and partnerships with manufacturers and retailers also help these players expand their market reach. For instance, in September 2024, Oerlikon Balzers launched INVENTA which is equipped with Advanced Arc Technology, INVENTA marks a major advancement in PVD Arc Technology. Demonstrating Oerlikon's commitment to technological innovation, efficiency, and sustainability, this new system enabled customers to enhance productivity while reducing resource and material consumption.