Product Code: ANV778
REPORT HIGHLIGHT
The Sputtering Targets and Sputtered Films market is estimated to be worth US$ 690.4 million in 2020. Sputtering Targets and Sputtered Films market is expected to expand at a 5.2% CAGR during the forecast period.
Market Introduction
Sputtering is a method of depositing thin films of various materials in integrated circuit fabrication that is widely utilized in the semiconductor industry. Sputtering is also used to produce antireflection coatings on glass for optical applications. Sputtering targets are high-value items used in the advanced materials industry to make thin films during sputtering, one of the most common coating techniques. Sputtering targets made of a variety of materials and with varied geometrical configurations have become available over time to meet the needs of a growing number of applications.
Market Dynamics
The global Sputtering Targets and Sputtered Films Market is primarily driven by the growing adoption of the sputtering targets in coating solar cells, growing demand for sputtering targets in the semiconductor and automobile industry is expected to provide significant opportunities to the global sputtering target and films market during the forecast period. One of the key drivers driving demand for these types of equipment over the projection period is the rising use of sputtering in the coating of components in the fast-growing semiconductor industry.
Artificial Intelligence's spread across several end-user industries, such as aerospace and electronics, is predicted to boost demand for semiconductors, propelling the market forward. Furthermore, the growing application of semiconductors for virtual reality in gaming is likely to fuel market growth. The majority of today's electronics contain critical components made with tantalum sputtering targets. Microchips, memory chips, print heads, and flat panel displays are examples.
Segmentation Analysis
The Sputtering Targets and Sputtered Films Market is segmented by film type, material type, application, regional distribution, and competitive landscape. Based on application, electronic products occupy the largest share of 33% of the global market. The global targeted market has grown in revenue as demand for stuttered thin film coating has increased due to the increased use of high-performance electronics. The need for sputtering targets has been spurred by the increased adoption of integrated circuits and other advanced technologies, including mobile computing, IoT, and smart gadgets. During the projected period, the sputtering target market is expected to be driven by consumer electronics industry expansion.
The sputtering target market is likely to be driven by an increase in the usage of sputtering targets in the production of electronic devices such as optical media, liquid crystal displays (LCDs), and magnetic media, as well as increased demand for consumer electronics. The growing electronic industry will provide various growth opportunities for the market. For instance, electronic gear manufacturing in India climbed from US$ 72 Bn in FY19 to US$ 89.38 Bn in FY20, according to the Retailers Association of India (RAI). India's demand for electronics hardware is estimated to exceed $400 billion by FY24.
Competitive Landscape
The global Sputtering Targets and Sputtered Films market is dominated by a few players in the market. Because there will be a less immediate impact on their domestic operations and markets, Asian players are expected to benefit and dominate the global Sputtering Targets and Sputtered Films market. Manufacturers are increasingly rebalancing their product portfolios by assessing which applications and client segments are likely to see significant changes in the near future.
To attract more customers, key sputtering target providers are focusing on the development of cost-effective sputtering targets and films. For instance, in January 2021, Mitsubishi Corp. began mass manufacturing a new sputtering target (DIABLA) for blackening films. In addition to this, in November 2020, Mitsubishi Chemical Corporation agreed to transfer its light metal products business to Shanghai-based KFMI Firm TCPR and Konfoong Materials International Co., Ltd. in November 2020. This acquisition was made to enhance the company's portfolio of the sputtering targets.
Key features of the study:
- This proposed research study on Sputtering Targets and Sputtered Films market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2021-2027), considering 2020 as the base year
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Sputtering Targets and Sputtered Films market.
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Sputtering Targets and Sputtered Films market.
- Impact of COVID-19 on Sputtering Targets and Sputtered Films market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Sputtering Targets and Sputtered Films market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Sputtering Targets and Sputtered Films market, we have also included competitive landscape and key innovator analysis for the Sputtering Targets and Sputtered Films market
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Sputtering Targets and Sputtered Films market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The Sputtering Targets and Sputtered Films market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
Sputtering Targets and Sputtered Films Market Key Players
- Mitsui Mining & Smelting
- JX Nippon Mining & Metals
- Konfoong Materials International
- Hitachi Metals
- TOSOH
- Materion
- Plansee SE
- GRIKIN Advanced Material Co., Ltd.
- Honeywell
- Sumitomo Chemical
- ULVAC
- Luvata
- TANACA
- LT Metal
Sputtering Targets and Sputtered Films Market by Film Type
- Thin Film
- Ultra-Thin Film
- Thick Film
Sputtering Targets and Sputtered Films Market by Material Type
- Metals and pure elements
- Alloys and intermetallics
- Oxides
- Others
Sputtering Targets and Sputtered Films Market by Application
- Electronic Products
- Photoelectricity
- Energy
- Optical Coating
- Machine/Chemistry
- Life Sciences
- Others
Sputtering Targets and Sputtered Films Market by Region
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle-East and Africa
- GCC
- South Africa
- Rest of Middle-East and Africa
TABLE OF CONTENT
1. Sputtering Targets and Sputtered Films Devices Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Film Type
- 2.1.2. Market Snippet by Material Type
- 2.1.3. Market Snippet by Application
- 2.1.4. Market Snippet by Region
- 2.2. Competitive Insights
3. Sputtering Targets and Sputtered Films Devices Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Sputtering Targets and Sputtered Films Devices Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Sputtering Targets and Sputtered Films Devices Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Sputtering Targets and Sputtered Films Devices Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Sputtering Targets and Sputtered Films Devices Market - By Film Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Film Type, 2020 & 2027 (%)
- 7.1.2. Thin Film
- 7.1.3. Ultra-Thin Film
- 7.1.4. Thick Film
8. Sputtering Targets and Sputtered Films Devices Market - By Material Type
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Material Type, 2020 & 2027 (%)
- 8.1.2. Metals and pure elements
- 8.1.3. Alloys and intermetallics
- 8.1.4. Oxides
- 8.1.5. Others
9. Sputtering Targets and Sputtered Films Devices Market - By Application
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
- 9.1.2. Electronic Products
- 9.1.3. Photoelectricity
- 9.1.4. Energy
- 9.1.5. Optical Coating
- 9.1.6. Machine/Chemistry
- 9.1.7. Life Sciences
- 9.1.8. Others
10. Sputtering Targets and Sputtered Films Devices Market- By Geography
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 10.2. North America
- 10.2.1. Overview
- 10.2.2. Key Manufacturers in North America
- 10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.2.4. North America Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.2.5. North America Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.2.6. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.2.7. U.S.
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.2.7.3. U.S. Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.2.7.4. U.S. Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.2.7.5. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.2.8. Canada
- 10.2.8.1. Overview
- 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 1.1.1.3. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3. Europe
- 10.3.1. Overview
- 10.3.2. Key Manufacturers in Europe
- 10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.3.4. Europe Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.3.5. Europe Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.3.6. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.7. Germany
- 10.3.7.1. Overview
- 10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.7.3. Germany Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.3.7.4. Germany Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.3.7.5. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.8. Italy
- 10.3.8.1. Overview
- 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.8.3. Italy Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.3.8.4. Italy Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.3.8.5. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.9. United Kingdom
- 10.3.9.1. Overview
- 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.9.3. United Kingdom Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.3.9.4. United Kingdom Market Size and Forecast, Material Type, 2016 - 2027 (US$ Million)
- 10.3.9.5. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.10. France
- 10.3.10.1. Overview
- 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.10.3. France Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.3.10.4. France Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.3.10.5. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.11. Rest of Europe
- 10.3.11.1. Overview
- 10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.11.3. Rest of the Europe Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.3.11.4. Rest of the Europe Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.3.11.5. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4. Asia Pacific (APAC)
- 10.4.1. Overview
- 10.4.2. Key Manufacturers in Asia Pacific
- 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.4.4. Asia Pacific Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.4.5. Asia Pacific Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.4.6. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.7. India
- 10.4.7.1. Overview
- 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.7.3. India Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.4.7.4. India Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.4.7.5. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.8. China
- 10.4.8.1. Overview
- 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.8.3. China Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.4.8.4. China Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.4.8.5. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.9. Japan
- 10.4.9.1. Overview
- 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.9.3. Japan Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.4.9.4. Japan Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.4.9.5. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.10. South Korea
- 10.4.10.1. Overview
- 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.10.3. South Korea Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.4.10.4. South Korea Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.4.10.5. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.11. Rest of APAC
- 10.4.11.1. Overview
- 10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.11.3. Rest of APAC Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.4.11.4. Rest of APAC Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.4.11.5. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5. Latin America
- 10.5.1. Overview
- 10.5.2. Key Manufacturers in Latin America
- 10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.5.4. Latin America Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.5.5. Latin America Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.5.6. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.7. Brazil
- 10.5.7.1. Overview
- 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.7.3. Brazil Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.5.7.4. Brazil Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.5.7.5. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.8. Mexico
- 10.5.8.1. Overview
- 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.8.3. Mexico Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.5.8.4. Mexico Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.5.8.5. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.9. Argentina
- 10.5.9.1. Overview
- 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.9.3. Argentina Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.5.9.4. Argentina Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.5.9.5. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.10. Rest of LATAM
- 10.5.10.1. Overview
- 10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.10.3. Rest of LATAM Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.5.10.4. Rest of LATAM Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.5.10.5. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6. Middle East and Africa
- 10.6.1. Overview
- 10.6.2. Key Manufacturers in Middle East and Africa
- 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.6.4. Middle East and Africa Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.6.5. Middle East and Africa Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.6.6. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.7. Saudi Arabia
- 10.6.7.1. Overview
- 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.7.3. Saudi Arabia Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.6.7.4. Saudi Arabia Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.6.7.5. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.8. United Arab Emirates
- 10.6.8.1. Overview
- 10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.8.3. United Arab Emirates Market Size and Forecast, By Film Type, 2016 - 2027 (US$ Million)
- 10.6.8.4. United Arab Emirates Market Size and Forecast, By Material Type, 2016 - 2027 (US$ Million)
- 10.6.8.5. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
11. Key Vendor Analysis
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. Mitsui Mining & Smelting
- 11.2.2. JX Nippon Mining & Metals
- 11.2.3. Konfoong Materials International
- 11.2.4. Hitachi Metals
- 11.2.5. TOSOH
- 11.2.6. Materion
- 11.2.7. Plansee SE
- 11.2.8. GRIKIN Advanced Material Co., Ltd.
- 11.2.9. Honeywell
- 11.2.10. Sumitomo Chemical
- 11.2.11. ULVAC
- 11.2.12. Luvata
- 11.2.13. TANACA
- 11.2.14. LT Metal
360 Degree Analyst View
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us