Pecvd Market Size, Share, Growth, And Industry Analysis By Type (CVD Equipment, CVD Materials, and CVD Services) By Application (Metal film, Inorganic film, and Organic film) Regional Forecast By 2031

Updated On: 15 April 2024

Pecvd Market Report Overview

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The global pecvd market size was USD 23310.26 million in 2021. The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. Per our research, the market is expected to reach USD 34,465.92 million in 2031, exhibiting a CAGR of 4.02% during the forecast period. The sudden rise in CAGR is attributable to the pecvd market growth, and demand returning to pre-pandemic levels once the pandemic is over. 

Thin films of different materials can be deposited on substrates using the PECVD method. In the semiconductor sector, it is frequently employed to make thin films out of silicon or other materials. Metals and other materials can also be coated using PECVD. Reactive ions are produced in plasma as part of the process, and these ions then deposit on the substrate.

It is also known as plasma-enhanced chemical vapor deposition and can be performed under low-, medium-, high-, and very high pressures. For large-area coatings, such as those on flat panel displays, low-pressure PECVD is frequently employed. For smaller areas, such as those found on semiconductor wafers, medium-pressure PECVD is used. Even more minute areas, such as those found on microporous membranes, are treated with high-pressure PECVD. The finest quality applications, such as those involved in creating optical fibers, call for very high-pressure PECVD.

COVID-19 Impact: Lockdown and Supply Chain Restrictions Hampered the Market Growth

The Covid-19 pandemic has significantly impacted the market. The pandemic outbreak has caused the world economy to slow down, which has negatively impacted the market for these products. Additionally, the supply chain for these products has been hampered by the lockdown measures adopted by various countries worldwide, leading to a shortage of raw materials and components. As a result, these products are now much more expensive.

Latest Trends

"Utilization of Dielectric Barrier Discharge (DBD) to Improve the Quality of Deposited Films Boosts the Market Expansion"

Utilizing dielectric barrier discharge (DBD) to enhance the quality of deposited films is the most recent development in plasma-enhanced chemical vapor deposition. While DBD has just been investigated, PECVD has long been used to deposit thin films of diverse materials. This is because DBD enables far higher plasma densities than conventional techniques, enhancing the final film's quality. Additionally, DBD-PECVD is the best choice for situations where thermal budget is a problem because it can be utilized to deposit films at lower temperatures than conventional PECVD.

Pecvd Market Segmentation

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• By Type Analysis

The pecvd market can be segmented into CVD equipment, CVD materials, and CVD services. Among these, the CVD equipment is projected to experience rapid growth through 2031.

• By Application Analysis

The market can be divided based on application into metal film, inorganic film, and organic film. The metal film is expected to hold the most significant pecvd market share in the upcoming years.

Driving Factors

"Rising Demand for Semiconductor Devices, and the Rising Spending on R&D to Propel the Market Expansion"

Due to key growth drivers, such as the rising demand for semiconductor devices, the expanding use of pecvd technology in solar cells and LED applications, and the rising spending on R&D, the market is predicted to expand significantly in the next few years. A popular technique for depositing thin films on different substrates is PECVD. The ability to deposit films at low temperatures, excellent step coverage and strong film characteristics are some of PECVD's main benefits. These elements are anticipated to propel the market's expansion during this time. One of the key factors boosting the market's expansion is the rising demand for semiconductor devices. Computers, cell phones, and consumer electronics are just a few electronic gadgets that utilize semiconductor technology. The electronics sector is expanding quickly, boosting demand for semiconductor devices, which is anticipated to propel the market's expansion.

"Expanding Use of Pecvd Technology in Solar Cells and LED Applications Fuels the Market Growth"

Another significant factor fueling market expansion is the expanding use of PECVD technology in LED and solar cell applications. As a result of worries about depleting fossil fuel sources and environmental difficulties, solar cells are being employed as an alternative energy source more and more. On silicon wafers, which are later utilized in solar cells, silicon dioxide (SiO2) layers can be deposited by PECVD. Similar to how they are utilized in many other applications, LEDs are widely used in lighting, automotive, and consumer electronics.

Restraining Factors

"The High Cost of the Equipment and Lack of Skilled Labours Hinder the Market Growth"

The market has restrictions, which is fascinating for various reasons. The high cost of the equipment is one of the main impediments. The absence of qualified staff is another issue. Additionally, scaling up production presents difficulties.

Pecvd Market Regional Insights

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"U.S. to Dominate Market Due to Rising Demand for Semiconductor Devices and the Rising Spending on R&D"

Between 2022 and 2031, the pecvd market will be dominated by U.S. Factors driving the market growth in this region include rising demand for semiconductor devices and rising spending on r&d.

Additionally, the market is anticipated to experience the fastest growth in European and Asian countries (India, China, Japan, and South East Asia). The expanding use of pecvd technology in solar cells and LED applications fuels market expansion.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Tempress Systems (Netherlands)
• Gebr.Schmid (Germany)
• JUSUNG (South Korea)
• ProTemp (U.S.)
• ASMI (Netherlands)
• Roth-Rau (Germany)
• MVSystems (U.S.)
• SVCS (U.S.)
• Jonas & Redmann (Germany)
• Centrotherm (Germany)
• CETC-48 (China)
• Singulus (Germany)
• North Microelectronics (U.S.)
• SFA (U.K.)
• Shimadzu (Japan)
• LPT (Croatia)
• Sevenstar (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.