According to a market report by Lucintel, the future of the global evaporation material market looks promising with opportunities in the electronics, optics, and power & energy markets. The global evaporation material market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2024 at a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are rising demand from various end use applications, such as power, energy, and electronic industries, increasing demand for miniaturization and higher efficiency in electronic devices, and growing government initiatives towards adoption of the renewable energy.
A more
than 150-page report to understand trends, opportunity and forecast in global evaporation
material market to 2030 by material type (metals, alloys, compounds, and
others), application (electronics, optics, power & energy, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the material type category metals are expected to
witness the highest growth over the forecast period.
Within the
application category, electronics will remain the largest segment because
evaporation helps in reducing the weight of the device while lowering its
energy consumption.
Download
sample by clicking on evaporation
material market.
In terms
of regions, APAC will remain the largest region over the forecast period due to
the presence of major electronics manufacturers in the region.
Qorvo,
Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo
Electric Industries, Win Semiconductors are the major suppliers in the evaporation material 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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