Market Research Report
Global Sputtering Equipment Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||475153|
|Published||Content info||132 Pages
Delivery time: 1-2 business days
|Global Sputtering Equipment Market 2019-2023|
|Published: November 29, 2018||Content info: 132 Pages||
The emerging application for sputtering equipment is expected to drive growth in the market. The growth is mainly driven by the applications of the equipment in solar energy, semiconductor, data storage, and display. Technavio's analysts have predicted that the sputtering equipment market will register a CAGR of almost 9% by 2023.
Development of micromachined piezoelectric devices is driving the adoption of piezoelectric MEMS. These devices offer significant opportunities at the micron level.
Due to the cyclical nature of semiconductor industry, chip makers are hesitant to produce large batches of chips. Thus, it becomes difficult for equipment manufacturers to predict match up the demand and supply chain in the semiconductor industry. This results in the decrease in overall sales of sputtering equipment.
For the detailed list of factors that will drive and challenge the growth of the sputtering equipment market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Applied Material and Canon the competitive environment is quite intense. Factors such as the emerging application for sputtering equipment and the growth of piezoelectric MEMS, will provide considerable growth opportunities to sputtering equipment manufactures. Applied Material, Canon, INTEVAC, SINGULUS TECHNOLOGIES, and ULVAC are some of the major companies covered in this report.
'With the presence of a considerable number of companies, this market appears to be fragmented and with all companies constantly focusing improving their market positions, the competitive environment among the players is quite intense'