According to a market report by Lucintel, the future of the global sputtering target product market looks promising with opportunities in the semiconductor, solar energy, flat panel display, automotive, medical, and telecommunication markets. The global sputtering target product market is expected to reach an estimated $6 billion by 2030 at a CAGR of 1.2% from 2024 to 2030. The major drivers for this market are growing demand for transparent conductive films in solar cells, better sputter targets made of transition metal alloys are utilized to create organic light-emitting diodes and thin-film batteries, and rising demand for flat-panel displays and semiconductor devices because of their popularity among consumers.
A more
than 150-page report to understand trends, opportunity and forecast in global sputtering
target product market to 2030 by type (metal material, alloy material, and
ceramic material), application (semiconductor, solar energy, flat panel
display, automotive, medical, and telecommunication), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that metal material will remain the largest segment over the forecast
period because of its wide range of applications in electronics, semiconductor
and solar industries.
North
America will remain the largest region over the forecast period because of
increasing demand for consumer electronics products, and growing number of
coating applications of the materials in the automotive and aerospace &
defense industries in the region.
Download
sample by clicking on sputtering
target product market.
JX Nippon
Mining & Metals, Praxair, Plansee, Mitsui Mining & Smelting, Hitachi
Metals, Honeywell, Sumitomo Chemical, Materion, Ningbo Jiangfeng, Heesung are
the major suppliers in the sputtering
target product market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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