Sputtering Targets and Sputtered Films Market Report: Trends, Forecast and Competitive Analysis to 2030

Sputtering Targets and Sputtered Films Trends and Forecast

The future of the global sputtering targets and sputtered films market looks promising with opportunities in the electronics & semiconductor, solar energy, aerosapce, and automotive markets. The global sputtering targets and sputtered films market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for semiconductor devices, rising popularity of nanotechnology and MEMS, and increasing adoption in medical device industry.

A more than 150-page report is developed to help in your business decisions.

Sputtering Targets and Sputtered Films by Segment

The study includes a forecast for the global sputtering targets and sputtered films by type, end use industry, and region.

Sputtering Targets and Sputtered Films Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Metal Targets
• Alloy Targets
• Ceramic Compound Targets

Sputtering Targets and Sputtered Films Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Electronics & Semiconductor
• Solar Energy
• Aerosapce
• Automotive
• Others

Sputtering Targets and Sputtered Films Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Sputtering Targets and Sputtered Films Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sputtering targets and sputtered films companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sputtering targets and sputtered films companies profiled in this report include-

• JX Nippon Mining & Metals
• Materion
• Praxair
• Mitsui Mining & Smelting
• Plansee
• Konfoong Materials International
• Sumitomo Chemical
• Hitachi Metals
• ULVAC
• TOSOH

Sputtering Targets and Sputtered Films Market Insights

Lucintel forecasts that metal targets will remain the largest segment over the forecast period as it is widely used for thin films application, such as conductors, resistors, and optical coatings.

Within this market, electronics & semiconductor will remain the largest segment due to increasing demand from electronics and semiconductor devices, such as integrated circuits (ICS), transistors, and memory chips.

APAC will remain the largest region due to rising urbanization and popuation along with increasing consumption of electronic devices and growing semiconductor industry in the region.

Features of the Global Sputtering Targets and Sputtered Films Market

Market Size Estimates: Sputtering targets and sputtered films market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Sputtering targets and sputtered films market size by type, end use industry, and region in terms of value ($B).

Regional Analysis: Sputtering targets and sputtered films market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, end use industries, and regions for the sputtering targets and sputtered films market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sputtering targets and sputtered films market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the sputtering targets and sputtered films market size?

Answer: The global sputtering targets and sputtered films market is expected to reach an estimated $5.4 billion by 2030.

Q.2 What is the growth forecast for sputtering targets and sputtered films market?

Answer: The global sputtering targets and sputtered films market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the sputtering targets and sputtered films market?

Answer: The major drivers for this market are growing demand for semiconductor devices, rising popularity of nanotechnology and MEMS, and increasing adoption in medical device industry.

Q4. What are the major segments for sputtering targets and sputtered films market?

Answer: The future of the sputtering targets and sputtered films market looks promising with opportunities in the electronics & semiconductor, solar energy, aerosapce, and automotive markets.

Q5. Who are the key sputtering targets and sputtered films market companies?

Answer: Some of the key sputtering targets and sputtered films companies are as follows:

• JX Nippon Mining & Metals
• Materion
• Praxair
• Mitsui Mining & Smelting
• Plansee
• Konfoong Materials International
• Sumitomo Chemical
• Hitachi Metals
• ULVAC
• TOSOH

Q6. Which sputtering targets and sputtered films market segment will be the largest in future?

Answer: Lucintel forecasts that metal targets will remain the largest segment over the forecast period as it is widely used for thin films application, such as conductors, resistors, and optical coatings.

Q7. In sputtering targets and sputtered films market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to rising urbanization and popuation along with increasing consumption of electronic devices and growing semiconductor industry in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the sputtering targets and sputtered films market by type (metal targets, alloy targets, and ceramic compound targets), end use industry (electronics & semiconductor, solar energy, aerosapce, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?