The future of the global sputtering targets and sputtered films market looks promising with opportunities in the electronics & semiconductor, solar energy, aerosapce, and automotive markets. The global sputtering targets and sputtered films market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for semiconductor devices, rising popularity of nanotechnology and MEMS, and increasing adoption in medical device industry.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the sputtering targets and
sputtered films market by type (metal targets, alloy targets, and ceramic
compound targets), end use industry (electronics & semiconductor, solar
energy, aerosapce, automotive, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, metal
targets, alloy targets, and ceramic compound targets are the major segments of
sputtering targets and sputtered films market by type. Lucintel forecasts that
metal targets will remain the largest segment over the forecast period as it is
widely used for thin films application, such as conductors, resistors, and
optical coatings.
Within this market,
electronics & semiconductor will remain the largest segment due to
increasing demand from electronics and semiconductor devices, such as
integrated circuits (ICS), transistors, and memory chips.
APAC will remain the
largest region due to rising urbanization and popuation along with increasing
consumption of electronic devices and growing semiconductor industry in the
region.
JX Nippon Mining &
Metals, Materion, Praxair, Mitsui Mining & Smelting, Plansee, Konfoong
Materials International, Sumitomo Chemical, Hitachi Metals, ULVAC, and TOSOH
are the major suppliers in the sputtering targets and sputtered films market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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