India- Sputtering Equipment Cathode Market Poised To Worth $1.23 Billion By 2025: Grand View Research, Inc.

(MENAFN- GetNews) According to report published by Grand View Research, Increasing requirement for silicon wafers backed by the growing global electronics device demand is expected to positively impact the sputtering equipment cathode market growth. Demand for sputtering equipment is projected to witness increasing demand from automobile industry as it leads to eco-friendly metallization with zero production of Volatile Organic Compounds (VOCs). According to a report ,"Sputtering Equipment Cathode Market Size, Share & Trends Analysis Report By Product (Linear, Circular), By Region (North America, Europe, Central & South America, Middle East & Africa, Asia Pacific), And Segment Forecasts, 2019 - 2025″published by Grand View Research, Inc.,The global sputtering equipment cathode market size is expected to reach USD 1.23 billion by 2025. It is anticipated to register a CAGR of 4.9% over the forecast period. Increasing requirement for silicon wafers backed by the growing global electronics device demand is expected to positively impact the market growth.

Key Takeaways from the report:

Circular cathode is expected to register the highest CAGR of 5.4% from 2018 to 2025, owing to the ability of this cathode to apply coatings to components with intricate design. Moreover, rising demand in semiconductor wafer application is expected to drive the growth

Linear cathode accounted for USD 203.4 million in terms of revenue in 2017. Higher sputter deposition rates enabled by the linear sputter magnetrons is expected to drive the growth in the years to come

China held the largest market share of over 37% in 2017 owing to the presence of robust manufacturing base majorly automotive and electronics manufacturers

Major companies operating in the sputtering equipment cathode market focus on expanding their production capacity through acquisition of local manufacturers and setting up of new facilities. They prioritize R & D to develop advanced processes to enhance the throughput.

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Demand for sputtering equipment is projected to witness increasing demand from automobile industry as it leads to eco-friendly metallization with zero production of Volatile Organic Compounds (VOCs). In addition, it helps manufacturers replace costly metal parts with lightweight and inexpensive solution, which are coated with thin desired metals, thereby driving the demand for cathode.

The sputtering equipment cathode market exhibits high competition as a large number of key players offer a wide range of products to the end-use industries. Moreover, limited product differentiation coupled with availability of localized manufacturers is further expected increase competitiveness in the global market.

The market is anticipated to continue witnessing a number of technological developments pertaining to the physical vapor deposition process, which is primarily carried out by the use of the sputtering equipment. In addition, eco-friendly nature of the process coupled with introduction of specialized DC power based Physical Vapor Deposition (PVD) process is also anticipated to positively impact the market growth.

One of the latest innovations in magnetron sputtering includes confocal sputtering technique, which has enhanced the film uniformity. In addition, it has the capability of having multiple targets in the vacuum chamber leading to time and cost saving. These features are expected to bolster the demand for sputtering equipment especially in R & D applications, thereby driving growth of the cathode market.

Grand View Research has segmented the global sputtering equipment cathode market on the basis of product and region:

Sputtering Equipment Cathode Product Outlook (Revenue, USD Million, 2014 - 2025)

Linear

Circular

Sputtering Equipment Cathode Regional Outlook (Revenue, USD Million, 2014 - 2025)

North America

• U.S.

• Canada

• Mexico

Europe

• Germany

• U.K.

• France

Asia Pacific

• China

• India

• Japan

Central & South America

• Brazil

Middle East & Africa

• South Africa

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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/

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