Lucintel Forecasts the Global Evaporation Material Market to Reach $3.0 billion by 2030
Lucintel Forecasts the Global Evaporation Material Market to Reach $3.0 billion by 2030
Blog Article
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 $3.0 billion by 2030 from $1.9 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 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.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics 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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