TechNavio recognizes the following companies as the key players in the Global Physical Vapor Deposition Market: Applied Materials Inc., Kurt J. Lesker Co., and Richter Precision Inc.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”In the past few years, competition in the market has increased rapidly, leading to a decrease in the overall price of PVD equipment. Consequently, there is an increase in price war among the market players. Moreover, with technological advancements, the development cost of basic PVD equipment has reduced. This factor can also be attributed to the large variety of vendors and their varying pricing strategies, which were aimed at capturing significant shares in the market. Furthermore, vendors are focusing on the development of cost-effective products in an attempt to tap the MSME sector.”
According to the report, as a result of globalization, there is a growing need for high-quality products. Hence, several companies across industries are increasingly deploying high-speed, computer numerical controlled (CNC) machines that facilitate in machining parts and components with enhanced precision. Moreover, the need for high-quality cutting tools and inserts plays a vital role in determining the quality of the machined component.
Further, the report states that PVD coating is a very expensive process, which thereby hinders the increased adoption among the price-driven markets.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are as Aja International Inc., Cha Industries Inc., Kdf Electronics, Veeco Instruments Inc., Denton Vacuum U.S.A, Leybold Optics GmBh, Ulvac Technologies Inc. Nexx Systems Inc., Galileo Vacuum Systems, Impreglon Group, Intevac Inc., Penta Technology Co. Ltd., Singulus Technologies Ag, and System Control Technologies Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-physical-vapor-deposition-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Physical Vapor Deposition Market 2012-2016
