Plasma Technology Market Size & Trends
The size of the global plasma technology market was estimated to be USD 3,452.8 million in 2024 and is expected to exhibit a CAGR of 5.9% during the period 2025-2030. The market is growing at a fast pace with the growth of the semiconductor industry, booming automotive industry, in particular, the fast growth of electric vehicle (EV) production.
Key Highlights
- Asia Pacific plasma technology market dominated the global market with a revenue share of 46.6% in 2024.
- The plasma technology market in China is projected to grow at a CAGR of 7.1% over the forecast period.
- By application segment, the surface coating segment dominated the market in 2024, accounting for 39.0% of revenue share.
- In terms of technology segment, the atmospheric plasma segment dominated the market in 2024 by accounting for a share of 69.8% due to its versatility and effectiveness in numerous applications.
- By end use segment, the electronics & semiconductors segment dominated the market with a revenue share of 23.9% in 2024.
Plasma technology supports advanced materials processing, surface treatment, and component fabrication, making it essential for producing high-performance, efficient, and sustainable products in these industries.
Additionally, the growing prominence of sustainability is driving the market. Plasma technology offers a highly attractive alternative to traditional surface treatment methods that typically rely on hazardous chemicals and solvents. By using mostly inert or non-toxic gases, plasma-based processes significantly reduce environmental hazards linked to chemical handling and waste disposal.
Report Coverage & Deliverables
- Competitive benchmarking
- Historical data & forecasts
- Company revenue shares
- Regional opportunities
- Latest trends & dynamics
Market Concentration & Characteristics
The worldwide market for plasma technology is reasonably fragmented, characterized by both large multinationals and regional firms competing for market share. Strategic players focus on developing innovations in plasma equipment in industrial uses, including materials processing, surface treatment, and electronics production. Sustainability and energy efficiency are drivers because they strive to create technologies with lower energy consumption and better environmental performance. In addition to this, they invest in cutting-edge R&D to improve the accuracy and scalability of plasma technologies. Moving into new geographies and strategic partnerships with different industries, including automotive, aerospace, and healthcare, is also an area of interest to expand market reach and applications.
The European Union's REACH regulation prohibits harmful substances, some of which are per- and polyfluoroalkyl substances (PFAS), widely employed in plasma treatments. The International Electrotechnical Commission's IEC 60601-1 standard regulates the safety and efficiency of medical electrical devices, to which plasma technology based apparatuses are subjected to high safety standards. These regulations stimulate innovation towards environmentally friendly, energy-efficient, and safe plasma technologies.
While there are plenty of opportunities, the plasma technology market also competes with well-established traditional means. Traditional surface treatment processes like wet chemical treatments, mechanical treatments, or thermal treatments have been utilized for decades, and industries are heavily dependent on them. Conventional processes are usually well established and incorporated in current manufacturing processes. Consequently, plasma technology development is hindered. Firms are less likely to make a transition to newer, more intricate technologies such as plasma, particularly when plasma treatments do not have evident benefits or need heavy investment to install.
Drivers, Opportunities & Restraints
The expanding semiconductor market is contributing significantly towards stimulating the expansion of the plasma technology market. As per the Semiconductor Industry Association (SIA), worldwide semiconductor sales reached USD 56.5 billion in January 2025, an improvement of 17.9% over January 2024. This robust growth is reflective of the mounting global demand for semiconductors due to the swift development of consumer electronics, automotive technologies (particularly electric vehicles and autonomous driving systems), and data center expansions.
The capital-intensive nature of initial plasma technology costs continues to be the major impediment to its universal application in industries. Installing plasma systems involves huge capital outlays in intricate and costly equipment like plasma generators, high-vacuum systems, sophisticated gas management arrangements, and custom automation systems.
Conversely, there are possibilities in the growth of plasma technology in industry uses, specifically in materials processing, surface coating, and electronics production. In materials processing, plasma improves material properties by altering their surface condition, enhancing wear resistance and adhesion.
Application Insights
The surface coating segment led the market in 2024 with a revenue share of 39.0%. It is the biggest application segment in the plasma technology market. Plasma Technology has changed the face of surface coating applications as it makes the deposition of thin, highly uniform coating possible, which is not achievable through conventional processes. One notable application is the formation of ultra-thin functional coatings on polymers and metals for improved durability and performance. For example, in the automotive sector, plasma-enhanced chemical vapor deposition (PECVD) is employed for the deposition of hard and abrasion-resistant coatings on engine parts as well as cutting tools. The coatings offer better protection against corrosion, abrasion, and high temperature.
Surface cleaning segment is also likely to grow at a fast rate during the forecast period because it cleans away contaminants, including oils, dust, and microbes, without using strong chemicals or mechanical scrubbing. Plasma is an excited state of matter with high energy, formed by inducing a high electric field onto a gas, leading to its ionization and creation of reactive species such as ions, electrons, and free radicals. These reactive species may react with the surface to degrade contaminants at the molecular level.
Technology Insights
The atmospheric plasma segment led the market in 2024 with a share of 69.8% owing to its efficacy and adaptability in wide-ranging applications. The non-thermal plasma at room temperature makes it ideally suitable for utilization in a vast variety of processes without degrading sensitive materials. It has widespread applications in surface treatment, such as cleaning, sterilization, and coatings.
Vacuum plasma segment is likely to increase greatly with its broad applications, such as surface treatment, coating, and material modification. As manufacturers in electronics, automotive, and aerospace increasingly need high-precision, high-performance solutions. Vacuum plasma technology provides better functions in cleaning, etching, and functionalizing surfaces. The advancements in equipment, better efficiency, and cost-effectiveness are making it popular.
End Use Insights
The electronics & semiconductors segment led the market with 23.9% revenue share in 2024 due to increased demand for sophisticated chips in artificial intelligence (AI), data centers, and consumer electronics. Plasma technology is an important contributor to semiconductor manufacturing, especially in etching, deposition, and surface modification that are important in manufacturing sophisticated chips. Since semiconductors are reducing in size, plasma methods are critical to making the accuracy that comes with reduced, more potent components a possibility.
The automotive industry has high demand for plasma technology since it can make components perform better, last longer, and use less energy. Surface modification via plasma treatment is employed for adhesion improvement of coatings, paint, and adhesive, which are vital in vehicle production. It also contributes to enhancing the fuel economy and performance of engines by surface treatment of components. Furthermore, plasma technology is increasingly employed in the manufacturing of electric vehicle (EV) components, including batteries and power electronics, where accuracy and reliability are critical. This increased emphasis on advanced manufacturing and sustainability propels the use of plasma in the automotive sector.
Regional Insights
Asia Pacific plasma technology market held the largest share in the global market with a revenue of 46.6% in 2024. It is due to the fast-expanding electronics, semiconductor and automotive sector, especially in China, India, and South Korea, which are increasingly using plasma technology for manufacturing purposes. Electric vehicle (EV) growth is promoting demand for high-end materials and components like light body parts, batteries, and high-performance coatings.
The Chinese plasma technology marketis expected to expand at a CAGR of 7.1% during the forecast period. Accelerating industrialization in China is fueling the plasma technology market, most prominently in the semiconductor sector. China leading the pack of the industry, promoting the demand for the latest manufacturing technologies, such as plasma technologies.
India plasma technology market is expected to record a growth rate of 7.9% during the forecast period. The market for plasma technology is expanding in India with its rising application across industries such as healthcare, automotive, and electronics. Plasma technologies are used for surface treatment, sterilization, and the manufacturing process. The growth of electric vehicles, the development of medical treatments, and industrial uses are fueling demand supported by research and development efforts.
North America Plasma Technology Market Trends
In North America, the market growth of plasma technology is spurred by innovation in healthcare, such as in the treatment of wounds and sterilization. Other industries, such as electronics, automotive, and aerospace, are also increasingly using plasma for surface treatment and material processing.
The U.S. plasma technology market is anticipated to grow at a CAGR of 6.3% through the forecast period on the back of growing advancements in the healthcare and automotive sector. Furthermore, extensive investments in R&D and favorable regulatory ecosystems also drive the growth of the market.
Europe Plasma Technology Market Trends
The growth of demand for plasma technology in Europe is powered by its use in the automotive, health care, and electronics industries. Technological advancements in surface treatment, medical sterilization, and environmentally friendly manufacturing processes fuel market growth.
The French plasma technology market is anticipated to expand at a high CAGR of 6.7% during the forecast period with its robust focus on healthcare innovation, high-end manufacturing, and environmental sustainability. Public and private R&D programs are also supporting the emergence of clean and energy-saving plasma technologies.
Italian plasma technology market is anticipated to register a high CAGR of 6.3% during the forecast period owing to strong emphasis on innovation in the healthcare and industrial sectors. There is a developing biomedical sector in Italy, especially in districts such as the Mirandola Biomedical District, where biomedical devices concerning plasma treatment are designed.
Latin America Plasma Technology Market Trends
Within Latin America, the plasma technology market is expanding as a result of growing demand from healthcare for high-level therapies and sterilization, industrial applications in electronics and automotive increasing, and investment in research and green technologies across major regional economies increasing.
Argentine market for plasma technology is expected to register a CAGR of 4.3% during the forecast period owing to the growing applications in the healthcare and electronics sectors. Plasma technology has the benefit of sterilization, surface treatment, and synthesis of materials without creating excessive heat, which fits well with fragile processes. The government in Argentina favors R&D efforts to capitalize on the capabilities of plasma technology for multiple uses and drive market growth.
Middle East & Africa Plasma Technology Market Trends
Market growth in the Middle East and Africa is spurred by the development in the healthcare sector, such as an upsurge in the need for plasma-derived therapies. New technologies in plasma fractionation and cold plasma are increasing the use of plasma technology across medical and industrial sectors. Support from the government, growing awareness, and a better healthcare infrastructure also drive market growth.
Saudi Arabia plasma technology market is expected to register a CAGR of 5.8% during the forecast period. The domestic market is expanding with the growth of industrial sector under numerous government schemes, boosting demand for sophisticated technologies such as plasma systems. The population aging and increasing healthcare needs in the country further fuel this demand. Government plans such as Saudi Vision 2030 focus on diversification of the economy and developing healthcare infrastructure and the industrial sector.
Key Plasma Technology Company Insights
Some of the major players in the market include Plasmatreat and OC Oerlikon Management AG among others.
Plasmatreat GmbH is a reputed supplier of plasma surface treatment solutions. The company invented the Openair-Plasma Technology, which made it possible for effective surface activation, cleaning, and coating without vacuum chambers. Plasmatreat's innovative systems are used in various industries such as the automotive, electronics, packaging, and life sciences industries.
OC Oerlikon Management AG is an international technology group that operates in surface solutions and advanced materials. Through brands such as Oerlikon Balzers and Oerlikon Metco, the group offers high-performance coatings, materials, and services to markets in aerospace, automotive, energy, and medical.
Key Plasma Technology Companies
The following are the leading companies in the plasma technology market. These companies collectively hold the largest market share and dictate industry trends.
- OC Oerlikon Management AG
- Plasmatreat
- relyon plasma GmbH
- Diener electronic GmbH & Co. KG
- AGC Glass Europe SA
- Bodycote
- Henniker
- P2i Ltd
- Oxford Instruments
- Applied Plasma Technologies, Corp.
- Sulzer Ltd
- AcXys Technologies
- Tri-Star Technologies
- Plasma Etch, Inc.
- Plasmawerk GmbH
Recent Developments
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In December 2024, Viromed Medical AG and relyon plasma GmbH established a strategic alliance with the goal to drive the use of cold atmospheric pressure plasma in medicine. Based on this cooperation, relyon plasma will work on developing the plasma technology, while Viromed will be responsible for device approval and distribution.
In September 2024, Oerlikon Balzers introduced INVENTA that is equipped with Advanced Arc Technology, INVENTA represents a significant step forward in PVD Arc Technology. Showcasing Oerlikon's technological know-how, efficiency, and sustainability, this new system allowed customers to increase productivity while minimizing the consumption of resources and material.
Plasma Technology Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2025 |
USD 3,622.1 million |
|
Revenue forecast in 2030 |
USD 4,830.1 million |
|
Growth rate |
CAGR of 5.9% from 2025 to 2030 |
|
Base year for estimation |
2024 |
|
Historical data |
2018 - 2023 |
|
Forecast period |
2025 - 2030 |
|
Quantitative units |
Revenue in USD million/billion & CAGR from 2025 to 2030 |
|
Report coverage |
Revenue forecast, company market position analysis, competitive landscape, growth factors, and trends |
|
Segments covered |
Application, technology, end use, region |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; and Middle East & Africa |
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Country Scope |
U.S.; Canada; Mexico; UK; Germany; France; Spain; Italy; China; India; Japan; Australia; South Korea; Brazil; Argentina; Saudi Arabia; South Africa; UAE |
|
Key companies profiled |
OC Oerlikon Management AG; Plasmatreat; relyon plasma GmbH; Diener electronic GmbH & Co. KG; AGC Glass Europe SA; Bodycote; Henniker; P2i Ltd; Oxford Instruments; Applied Plasma Technologies Corp.; Sulzer Ltd; AcXys Technologies; Tri-Star Technologies; Plasma Etch, Inc.; Plasmawerk GmbH |
|
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
Global Plasma Technology Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study,MIR has segmented the global plasma technology market based on application, technology, end use, and region
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Application Outlook (Revenue, USD Million, 2018 - 2030)
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Surface Cleaning
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Surface Activation
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Surface Coating
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Etching & Patterning
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Sterilization
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Technology Outlook (Revenue, USD Million, 2018 - 2030)
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Atmospheric Plasma
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Cold
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Thermal
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Vacuum Plasma
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Cold
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Thermal
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Other
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Cold
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Thermal
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End Use Outlook (Revenue, USD Million, 2018 - 2030)
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Electronics & Semiconductors
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Automotive
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Medical & Healthcare
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Packaging
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Textiles
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Aerospace
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Others
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Regional Outlook (Revenue, USD Million, 2018 - 2030)
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North America
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U.S.
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Canada
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Mexico
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Europe
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Germany
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UK
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France
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Italy
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Spain
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Asia Pacific
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China
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India
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Japan
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South Korea
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Australia
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Latin America
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Brazil
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Argentina
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Middle East & Africa
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Saudi Arabia
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UAE
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South Africa
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