The Increasing Consumption of Electronic Products is Anticipated to Drive the Vapor Deposition Market
BriefingWire.com, 4/04/2021 - Vapor deposition market size is forecast to reach $19.4 billion by 2025, after growing at a CAGR of 8.6% during 2020-2025, owing to the increasing demand for electronic products worldwide. Vapor deposition is extensively used in coating applications of thin films in the electronic industry. Macro factors such as the growing middle-class population and rising disposable income are driving the electronics industry in the various regions. In addition, decreasing prices of electronics and the adoption of high-end technology devices are leading to an increase in electronic device consumption.
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Physical Vapor Deposition Market 2021: Global Industry Share, Future Growth, Regional Trend, Key Players, Analysis and Forecast To 2026
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