Global Sputtering Targets and Sputtered Films Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2029. Sputtering Targets and Sputtered Films is a physical vapor deposition process.
It is used to produce thin films. It has major applications across Advanced displays, Mechanical/chemical devices, Energy devices, Microelectronics, Data storage media, Optical coatings, and Others. The Sputtering Targets and Sputtered Films market is expanding due to growing electronics industry and rising consumer spending on data storage devices.
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According to Statista in 2022, the adoption of electronic devices is rising rapidly globally. The consumer electronics market is projected to attain market growth of about USD 1,056,693 million by 2022 Also, consumer spending on technology is growing during 2020 to 2022 from USD 422 billion to USD 505 billion . China is estimated to be the dominating region in terms of highest revenue generation in electronic devices i.e., USD 250,911 million. Rising demand from the medical industry and technological advancement in sputtering targets and films creates lucrative opportunities for the market. However, higher cost of sputtering targets and sputtered films hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Sputtering Targets and Sputtered Films Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominates the market with highest revenue share, owing to the increasing demand from end-use industries such as energy, automotive, electronics, and others. Whereas, Europe is expected to grow significantly during the forecast period, owing to factors such as growing population and improvement in the living standards, rising consumer spending on electronics and rising government regulations towards environmental protection
Major market players included in this report are:
Alfa Aesar
Ametek Specialty Metal Products,
Samsung Corning Precision Materials Korea,
Daido Steel Group ,
Furuya Metal Co. Ltd,
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H.C. Starck GmbH,
Hitachi Metals Ltd,
Honeywell Electronic Materials
Jx Nippon Mining and Metals,
Kobe Steel
Furuya Metal
Recent Developments in the Market:
In Apr 2019 – LG chemical and material division purchased 500 patented assets from Delaware-headquartered DuPont. The company provides NextGen displays pertaining to soluble (OLED) organic light-emitting diodes.
Feb 2019 – Sony launched Xperia 1. it provides a 21:9 4K display. This new launch offers a high-resolution display which boosts the market demand across the region. in the smartphone segment.
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Metals and pure elements.
Oxides.
Alloys and intermetallic.
Others.
By Application:
Microelectronics.
Data storage media.
Advanced displays.
Mechanical/chemical devices.
Energy devices.
Optical coatings.
Others.
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Here is an overview of the different factual statements covered by the study:
- The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
- The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
- The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
- The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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