Sputtering Equipment Market | Over $ 368 Mn growth expected during 2021-2025 | Technavio

NEW YORK, June 28, 2021 /PRNewswire/ -- The sputtering equipment market is expected to grow by USD 368.04 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the sputtering equipment market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases.
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The sputtering equipment market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Major Three Sputtering Equipment Market Participants:

Angstrom Engineering Inc.

The company offers sputter deposition systems using all available magnetron technology like linear magnetron sputter systems.

Applied Materials Inc.

The company offers sputtering equipment such as Applied Materials SmartWeb XL R2R sputter system and AKT NEW ARISTO Dynamic Sputtering System.

Canon Inc.

The company through its subsidiary, CANON ANELVA, offers sputtering equipment for usage in production lines. Some of the key products offered by the company include sputtering equipment FC7100, IC7500, EC7800, EC7000 series, EL3000 series, ML3000 series, and others.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown:
https://www.technavio.com/report/sputtering-equipment-market-industry-analysis

Sputtering Equipment Market 2021-2025: Segmentation

Sputtering equipment market is segmented as below:

• Application
• Solar Energy
• Display
• Data Storage
• Semiconductor
• Others
• Geography
• APAC
• North America
• Europe
• South America
• MEA

The sputtering equipment market is driven by the growth of piezoelectric MEMS. In addition, the increasing number of data centers is expected to trigger the sputtering equipment market toward witnessing a CAGR of about 4% during the forecast period.

Get more insights about the global trends impacting the future of the sputtering equipment market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR70643

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Report: www.technavio.com/report/sputtering-equipment-market-industry-analysis

SOURCE Technavio