Physical Vapor Deposition Market Estimated At USD 4,997.3 Million By 2030
San Francisco, 2 April 2024: The Report Physical Vapor Deposition Market Size, Share & Trends Analysis Report By Product (Sputter Deposition, Thermal Evaporation), By Application (Solar Products, Cutting Tools), By Region, And Segment Forecasts, 2024 - 2030 The global physical vapor deposition market size is expected to reach USD 4,997.3 million by 2030, registering a CAGR of 7.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rapid growth in the semiconductor & electronics industry, coupled with rising demand for physical vapor deposition (PVD) in the medical sector, is expected to propel market growth. According to Semiconductor Industry Association 2023 report, the sale of semiconductors increased from USD 9.54 billion in May 2023 to USD 9.94 in June 2023 in the Americas, whereas the sale of semiconductors in Europe increased from USD 4.67 billion in May 2023 to USD 4.68 billion in June 2023, which shows an increase of 4.2% and 0.1%, respectiv