Planar Sputtering Target Market Report: Trends, Forecast and Competitive Analysis to 2030

Planar Sputtering Target Trends and Forecast

The future of the global planar sputtering target market looks promising with opportunities in the decorative coating, optical communication and optical storage, semiconductor, and vacuum coating markets. The global planar sputtering target market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are rising demand for flat panel displays, increasing adoption of advanced display technologies, and growing demand for semiconductor devices.

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

Planar Sputtering Target by Segment

The study includes a forecast for the global planar sputtering target by type, application, and region.

Planar Sputtering Target Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Metal Planar Sputtering Target
• Alloy Planar Sputtering Target
• Ceramic Compound Planar Sputtering Target

Planar Sputtering Target Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Decorative Coatings
• Optical Communication and Optical Storage
• Semiconductor
• Vacuum Coating
• Others

Planar Sputtering Target Market by Region [Shipment Analysis by Value from 2018 to 2030]:

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

List of Planar Sputtering Target 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 planar sputtering target companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the planar sputtering target companies profiled in this report include-

• Able Target
• Plansee
• Vital Thin Film Materials
• Materion
• American Elements

Planar Sputtering Target Market Insights

Lucintel forecasts that ceramic compound planar sputtering is expected to witness highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Planar Sputtering Target Market

Market Size Estimates: Planar sputtering target 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: Planar sputtering target market size by type, application, and region in terms of value ($B).

Regional Analysis: Planar sputtering target market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the planar sputtering target market.

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

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

FAQ

Q1. What is the growth forecast for planar sputtering target market?

Answer: The global planar sputtering target market is expected to grow with a CAGR of 3.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the planar sputtering target market?

Answer: The major drivers for this market are rising demand for flat panel displays, increasing adoption of advanced display technologies, and growing demand for semiconductor devices.

Q3. What are the major segments for planar sputtering target market?

Answer: The future of the global planar sputtering target market looks promising with opportunities in the decorative coating, optical communication and optical storage, semiconductor, and vacuum coating markets.

Q4. Who are the key planar sputtering target market companies?

Answer: Some of the key planar sputtering target companies are as follows.

• Able Target
• Plansee
• Vital Thin Film Materials
• Materion
• American Elements

Q5. Which planar sputtering target market segment will be the largest in future?

Answer: Lucintel forecasts that ceramic compound planar sputtering is expected to witness highest growth over the forecast period.

Q6. In planar sputtering target market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q7. 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 planar sputtering target market by type (metal planar sputtering target, alloy planar sputtering target, and ceramic compound planar sputtering target), application (decorative coatings, optical communication and optical storage, semiconductor, vacuum coating, 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?