Sputtering Equipment Cathode Market Size, Share & Trends Report

Sputtering Equipment Cathode Market Size, Share & Trends Analysis Report By Product (Linear, Circular), By Region (North America, Europe, Central & South America, Middle East & Africa, Asia Pacific), And Segment Forecasts, 2019 - 2025

  • Published Date: Jan, 2019
  • Base Year for Estimate: 2017
  • Report ID: GVR-2-68038-736-0
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 70

Industry Insights

The global sputtering equipment cathode market size was estimated at USD 840.3 million in 2017 and is expected to exhibit a CAGR of 4.9% from 2018 to 2025. Increasing application of sputter coatings in the growing semi-conductor industry is expected to be one of the primary factors driving the demand in the forthcoming years.

Advent of Artificial Intelligence (AI) across a wide range of industries, such as electronics and aerospace is likely to spur the demand for semiconductors, resulting in the growth of the market. Increasing use of semiconductors to implement virtual reality in gaming is expected to further drive the growth.

U.S. sputtering equipment cathode market

Strong commercial demand for fuel cells in U.S., primarily driven by public transport sector coupled with enhanced production capacity of fuel cell manufacturers has led to a rise in fuel cell coating leading to market growth. Preference for magnetron sputtering for thin film coating of fuel cells in automotive applications is likely to spur the demand for magnetron cathode in near future.

Introduction of confocal sputtering arrangement in magnetron sputtering technology is anticipated to boost the efficiency of the equipment. Moreover, it enables incorporation of multiple magnetrons with different cathode materials. These factors are expected to boost the production output of the sputtering equipment, thereby driving growth of the market.

High requirement for industry specific knowledge and technical know-how for the companies operating in the sputtering equipment cathode market results in a high entry cost which reduces the threat of new entrants. In addition, the fragmented presence of localized manufacturers across the regions with high production capability lead high competitive environment in the industry.

Increased number of initiatives by key industry participants such as continuous investments in R&D to develop novel manufacturing processes is expected to enhance the volume throughput of the process. Moreover, new product development and technological advancements in sputtering process is expected to further boost the growth in near future.

The companies are implementing several innovative strategies such as development proprietary cathode technologies and materials to differentiate their products from the competitors and to gain competitive advantage. In addition, the key players are investing in development of products to resolve changes, such as uniformity, homogeneity, and purity.

The market does not exhibit the presence of any substitute as cathode is an integral part of sputtering equipment. However, the presence of alternative technologies, such as thermal evaporation is expected to result in a restrained market growth. As the industry does not exhibit any direct substitutes, the threat of substituting the product remains low.

Product Insights

Circular cathode accounts for the majority share of the industry as they can be used for coating substrates with intricate designs through the surface of rotating target tube. This segmented accounted for USD 636.9 billion in 2017 and is expected to witness notable growth as the product provides enhanced arc rates, high power density, and has low initial cost.

The segment is also expected to witness growth due to increase in use of advanced target materials such silicon nitride, silicon dioxide, titanium dioxide, and niobium pentoxide. In addition, circular cathode is primarily used in coating temperature sensitive materials, which in turn is expected to drive the market growth over the forecast period.

Linear cathode is primarily used in large scale sputtering systems and offers high deposition rates for physical vapor depositions coatings. It provides high production throughput on large substrates and also be seamlessly integrated into larger clusters of production tools to attain higher uniformity. This is expected to drive the product demand.

Linear cathode can withstand plasma at low gas pressure that requires special adjustments to achieve desired film properties. In addition, the use of linear magnetron cathode also results in higher deposition rates than the simple diode configuration cathode which results in a heightened demand.

Global sputtering equipment cathode market

Sputter deposition is also used in number of applications, such as architectural and anti-reflective coatings, display web coatings, and automotive and decorative coating. In addition, it is also used for computer hard disk production and integrated circuit technology among other applications. Rising demand from these end use applications is expected to spur the growth over the forecast period.

Variation in coating efficiency and fluctuations in price are expected to adversely affect the market. However, key companies are involved in the launch of new products, such as specialised DC powerbased Physical Vapor Deposition (PVD) process used for semi-conductor and metal manufacturing processes, which in turn is expected to positively impact the market growth.

Regional Insights

Asia Pacific leads the global market, owing to increasing semi-conductor production in China, India, South Korea, and Taiwan. Moreover, high demand for PVD coatings from solar PV and medical equipment production industries is also anticipated to positively impact the growth in near future.

China is expected to exhibit highest automotive production during the forecast period, which is projected to benefit the market as the industry utilizes numerous components coated using sputtering equipment. In addition, growth in production of hybrid/electric and green vehicles is expected to positively impact the regional market in the forthcoming years.

Europe is expected to witness surge in demand over the forecast period owing to the immense demand for PVD coatings across various sectors, such as surgical tools and medical equipment. In addition, it is also replacing traditional coating methods, owing to the ban on chromium by European Commission, thereby driving the market growth.

Technological advancements in robotics industry in Japan are predicted to bolster the demand for semi-conductor coatings. The demand for semi-conductor chips is anticipated to be bolstered by the exponential demand from robotics industry. This in turn is expected to drive the requirement for sputtering equipment, thereby driving the cathode market growth.

Sputtering Equipment Cathode Market Share Insights

The market is competitive in nature, owing to the presence of large number of localized manufacturing companies. Large number of players in the industry are technology-driven and are targeting markets with long-term growth potential, where they can establish a sustainable competitive advantage.

Key players are also involved in the development of advanced manufacturing technologies, such as Vibration Cast Technology and confocal sputtering. In addition, the companies also invest significantly in the development of advanced technology solutions including customized alloy compositions.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2016

Forecast period

2018 - 2025

Market representation

Revenue in USD Million and CAGR from 2018 to 2025

Regional scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country scope

U.S., Canada, Mexico, Germany, U.K., France, China, India, Japan, Brazil, South Africa

Report coverage

Revenue forecast, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global sputtering equipment cathode market report on the basis of product and region:

  • Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Linear

    • Circular

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

    • Asia Pacific

      • China

      • Japan

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

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