Chemical Vapor Deposition Equipment Market, Atomic Layer Deposition Equipment Market, Atomic Layer Deposition Market, Plasma Enhanced CVD Market.
How Big Is The Global Chemical Vapor Deposition Market And What Are Its Future Growth Projections?
The Chemical Vapor Deposition market has seen significant growth in recent years, expanding from $38.84 billion in 2024 to $42.89 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. This expansion is fueled by the growth of the semiconductor industry, increased demand for high-performance coatings, energy storage and conversion applications, growth in the optoelectronics market, and expansion of the aerospace industry.
The market is expected to accelerate its growth trajectory in the next few years and reach $64.98 billion in 2029 at a CAGR of 10.9%. This forthcoming growth can be attributed to the rise in internet of things (IoT) device, an increased focus on quantum computing, medical device coatings, a growing need for wear-resistant coatings, and advancements in 2D materials. Noteworthy trends include advancements in ALD-CVD hybrid technologies, increased applications in aerospace and defense, a shift towards remote plasma CVD, focus on sustainable and green CVD technologies, and a rise in 2D materials and nanotechnology applications.
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What’s Driving The Growth of Chemical Vapor Deposition Market?
The growth in the semiconductor industry is significantly driving the chemical vapor deposition market forward. Semiconductors serve as the foundation for computers and other electronic devices due to their unique electrical properties. The chemical vapor deposition process is critical in the semiconductor industry as it enables the production of thin films and complex layered micro- and nanostructures. For instance, sales of the global semiconductor industry rose by 3.2 percent from $555.9 billion in 2021 to $573.5 billion in 2022 as per the Semiconductor Industry Association (SIA), a US-based trade association and lobbying group representing the United States semiconductor industry.
What Are the Key Segments Within the Global Chemical Vapor Deposition Market?
The Chemical Vapor Deposition market report covers these segments:
1) By Category: CVD Equipment, CVD Services, CVD Materials.
2) By Technology: Atomic Layer CVD, Laser Induced CVD, Organometallic CVD, Plasma Enhanced CVD, Plasma Assisted CVD, Low Pressure CVD, Other Technologies.
3) By End-Use Type: Solar Products, Electronics, Data Storage, Medical Equipment, Other End-Use Types.
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Who are the Main Players in the Chemical Vapor Deposition Market?
Key players in the Chemical Vapor Deposition Market include CVD Equipment Corporation, Tokyo Electron Limited, Ishikawajima-Harima Heavy Industries Co. Ltd., Veeco Instruments Inc., ASM International NV, Plasma Therm LLC, Applied Materials Inc., OC Oerlikon Corporation AG, ULVAC Inc., Intevac Inc., Lam Research Corporation, Praxair Surface Technologies, Denton Vacuum LLC, Oxford Instruments, Richter Precision Inc., Nuflare Technology Inc., Aixtron SE, SPTS Technologies Ltd., Adeka Corporation, Hitachi Kokusai Electric Inc., Mustang Vacuum Systems, Picosun Oy, Kurt J. Lesker Company, Angstrom Engineering Inc., SENTECH Instruments GmbH, Mantis Deposition Ltd., Semicore Equipment Inc., VaporTech Inc., CreaTec Fischer & Co. GmbH, Novellus Systems Inc.
What Trending Innovations Are Influencing the Chemical Vapor Deposition Market?
Product innovation is an emerging trend in the Chemical Vapor Deposition market. In September 2022, manufacturer of metalorganic chemical vapor deposition equipment Aixtron, launched the G10-SiC high-temperature CVD system for high-volume silicon carbide (SiC) power devices production on 150/200mm SiC wafers. This new platform offers a versatile dual-wafer size configuration and high-temperature wafer transfer, increasing the efficiency of systems for the semiconductor industry.
What Is the Regional Growth Outlook for the Chemical Vapor Deposition Market?
In 2024, Asia-Pacific was the largest region in the Chemical Vapor Deposition market. North America is projected to be the fastest-growing region during the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is the Global Chemical Vapor Deposition Market?
Referring to a process by which a solid substance is deposited from a vapor through a chemical reaction on or near a typically heated substrate surface, Chemical Vapor Deposition is used in creating a variety of coatings, powders, fibers, and monolithic parts.
The Chemical Vapor Deposition Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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