Physical vapor deposition to generate $9 bln in 2007
World physical vapor deposition industry will be worth an estimated $9 bln in 2007 and $9.9 bln in 2008. It should reach $16.7 bln by 2013, a compound annual growth rate (CAGR) of 11% over the 5-year period, BCC Research says. The market is broken down into applications of PVD equipment, materials deposited and services. Of these segments, the PVD equipment will remain the largest market as shipments grow at CAGR of 9.6% to reach an estimated $7.1 bln in 2008 and then increase to $11.9 bln in 2013, at a CAGR of 10.9%. Materials deposited hold the second largest share of the market. Worth an estimated $1.3 bln in 2007, this segment is expected to be worth $1.5 bln in 2008 and $2.7 bln in 2013, a CAGR of 12.4% over the forecast period. The value of services will increase from $1.2 bln in 2007 to $1.3 bln in 2008, and will increase at a CAGR of 9.9% to reach $2.0 bln by 2013.