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TOP 10 DIGITAL TRANSFORMATION KPIS FOR SUCCESS MEASUREMENT

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The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

Information Source - https://www.fortunebusinessins....ights.com/physical-v

The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.

Market Segmentation

On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

What does the Report Provide?

The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

DRIVING FACTORS

Increasing Demand for Eco-friendly Coating Processes to Promote Growth

According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

REGIONAL INSIGHTS

Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

COMPETITIVE LANDSCAPE

Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

Industry Development:

January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
List of the Companies Profiled in the Market:

Advanced Energy Industries, Inc. (USA)
Intevac (USA)
Oerlikon Balzers (Switzerland)
Impact Coatings AB (Sweden)
AJA International, Inc. (USA)
Dynavac (USA)
Denton Vacuum (USA)
Angstrom Engineering, Inc. (Canada)
CHA Industries, Inc. (USA)
IHI HAUZER Techno Coating B V (The Netherlands)
The Kurt J Lesker Company (USA)
Other Key Players

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DIGITAL TRANSFORMATION IN FINANCE: DEFINITION, EXAMPLES, AND TIPS

As technology advances, there are more and more ways for businesses to go digital. The finance industry is no exception, with a variety of digital transformation trends popping up in recent years. In this blog post, we’ll provide a definition of digital transformation in finance, explore some of the most popular trends, and share some guides to help you get started.

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Smart Labels market Trends, Analysis by 2035

In order to overcome the limitations and challenges related to counterfeit drugs, researchers and industry stakeholders are gradually adopting smart pharmaceutical and healthcare labels, which offer multiple benefits over conventional labels

The financial opportunity within the smart pharmaceutical and healthcare labels market has been analyzed across the following segments:

 Type of Technology
 RFID
 NFC
 Other Technologies

 Type of packaging
 Primary Packaging
 Secondary Packaging

 Type of Primary Packaging
 Vials
 Syringes
 Cartridges
 Ampoules
 Bottles
 Blister Packs

 Type of Secondary Packaging
 Boxes
 Cartons
 Pouches

 Key Geographical Regions
 North America
 Europe
 Asia-Pacific
 MENA
 Latin America

The report includes detailed profiles of key players (listed below) engaged in providing smart pharmaceutical and healthcare labels; each profile features an overview of the developer, details related to smart labels focused product portfolio, recent developments and an informed future outlook:
 CCL Industries
 Schreiner
 Datalogic
 Tadbik
 SATO
 Invengo
 Intellhydro Technology
 RFiD Discovery
 ID Tech Solutions

Table of Contents

1. Preface

2. Executive Summary

3. Introduction

4. Market Landscape

5. Company Competitiveness Analysis

6. Company Profiles

7. Patent Analysis

8. Partnerships and Collaborations

9. Blue Ocean Strategy

10. Market Sizing and Opportunity Analysis

11. SWOT Analysis

12. Concluding Remarks

13. Appendix I: Tabulated Data

14. Appendix II: List of Companies and Organizations

To view more details on this report, click on the link:
https://www.rootsanalysis.com/....reports/smart-labels

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About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.

Contact:
Ben Johnson
+1 (415) 800 3415
+44 (122) 391 1091
Ben.johnson@rootsanalysis.com


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