Asia Pacific Vapor Deposition Equipment Market size is anticipated to reach USD 19.15 billion by 2028
Asia Pacific Vapor Deposition Equipment Industry Overview The Asia Pacific vapor deposition equipment market size was estimated at USD 11.98 billion in 2020 and is anticipated to grow at a compounded annual growth rate (CAGR) of 6.4% from 2021 to 2028. Rising demand for high-quality thin films on solid materials in various applications, such as microelectronics, solar products, medical devices, and cutting tools, among others, drive the market. During the COVID-19 pandemic, various electronics, cutting tools, and solar products manufacturing companies were shut resulting in hampering the demand for vapor deposition equipment. However, as the world has started returning to normalcy from the beginning of 2021, due to vaccine rollouts, the demand for vapor deposition is expected to witness growth. Gather more insights about the market drivers, restrains and growth of the Asia Pacific Vapor Deposition Equipment Market The COVID-19 pandemic is anticipated to have ...