Asia Pacific Vapor Deposition Equipment Market Size Is Projected To Reach USD 19.15 Billion By 2028
San Francisco, 4 Apr 2022: The Report Asia Pacific Vapor Deposition Equipment Market Size, Share & Trends Analysis Report By Technology (CVD, PVD), By Application (Data Storage, Medical Equipment, Data Storage, Microelectronics), And Segment Forecasts, 2021 - 2028 The Asia Pacific vapor deposition equipment market size is anticipated to reach USD 19.15 billion by 2028, registering a CAGR of 6.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing semiconductor manufacturing coupled with rising demand for solar PV products in Asia Pacific is anticipated to drive the market growth. The rapid growth in the medical device industry, attributed to the increased investments in medical infrastructure during the pandemic, is expected to have a positive impact on the market. The medical device manufacturers are in need of wear-resistant and biocompatible coatings, which are provided by vapor deposition technology. Ongoing developments and innovati