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Nickel Vanadium Target global market

Nickel Vanadium Target global market

Global Nickel Vanadium Target Market Research Report 2025

This report on the global nickel vanadium target market research report 2025 offers a comprehensive analysis of market size, growth drivers, emerging trends, regiona

Pages: 210

Format: PDF

Date: 12-2025

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Global Nickel Vanadium Target Market Outlook (2025–2035)

Chem Reports predicts that the Nickel Vanadium Target Market, valued at USD xxxx million in 2024, is expected to reach USD xxxx million by 2035, growing at a CAGR of xx% globally.

Market Overview

The Global Nickel Vanadium Target Market Report 2020 provides an extensive industry analysis of development drivers, structural patterns, market flows, and size evolution. Historical and present market values have been assessed to forecast growth trajectories for the period 2025–2035.

This research integrates primary and secondary data sources, evaluating:

  • Government policies and regulatory frameworks
  • Market environment and competitive dynamics
  • Historical performance and current trends
  • Technological innovation and upcoming advancements
  • Cross-industry technical progress

Impact of COVID-19

The outbreak of COVID-19 in December 2019 disrupted global supply chains and manufacturing operations. Declared a public health emergency by the World Health Organization, the pandemic significantly impacted the Nickel Vanadium Target market in 2020, with ripple effects across display technologies, solar energy, and automotive applications.

Market Segmentation

By Type

  • Plane Target
  • Rotating Target

By Application

  • Display
  • Solar Energy
  • Automobile
  • Other

Regional Analysis

  • North America: U.S., Canada, Mexico – Strong demand in advanced electronics and automotive industries.
  • Europe: Germany, U.K., France, Italy, Russia, Spain – Adoption supported by innovation in display technologies and renewable energy.
  • Asia-Pacific: China, India, Japan, Southeast Asia – Fastest-growing region, driven by industrial expansion, solar energy projects, and electronics manufacturing.
  • South America: Brazil, Argentina – Moderate growth, supported by automotive and industrial applications.
  • Middle East & Africa: Saudi Arabia, South Africa – Emerging demand, particularly in renewable energy and industrial sectors.

Key Market Players

  • Lesker
  • SAM
  • Nexteck
  • ZNXC
  • Beijing Guanli
  • Kaize Metals
  • E-light
  • German Tech
  • Beijing Scistar Technology
  • FDC
  • Goodfellow
  • XINKANG
  • Sputtertargets
  • Cathaymaterials
  • STMCON
  • Changsha Xinkang Advanced Materials Co. Ltd.

Strategic Insights

  • Growth Drivers: Rising demand in display technologies, expansion in solar energy, and innovation in automotive materials.
  • Challenges: High production costs, supply chain volatility, and competition from alternative sputtering targets.
  • Opportunities: Expansion in Asia-Pacific and Middle East, innovation in eco-friendly target materials, and premium positioning in electronics and renewable energy sectors.

Regional Analysis

  • North America: Strong demand in advanced electronics and automotive industries. The U.S. leads adoption due to innovation in sputtering technologies and renewable energy projects.
  • Europe: Germany, U.K., France, and Italy emphasize sustainable energy and advanced display technologies. Russia and Spain contribute through industrial and automotive applications.
  • Asia-Pacific: Fastest-growing region, led by China, India, and Japan. Large-scale industrial expansion, solar energy projects, and electronics manufacturing drive growth. Southeast Asia is emerging as a hub for cost-effective target production.
  • South America: Brazil and Argentina show moderate growth, supported by automotive and industrial sectors.
  • Middle East & Africa: Emerging demand, particularly in Saudi Arabia and South Africa, driven by renewable energy and industrial applications.

Detailed Segmentation Analysis

  • By Type:
    • Plane Target: Widely used in conventional sputtering applications.
    • Rotating Target: Preferred in high-volume production for displays and solar panels.
  • By Application:
  • Display: Largest consumer segment, driven by demand for advanced screens and electronics.
  • Solar Energy: Significant growth due to renewable energy initiatives.
  • Automobile: Adoption in coatings and advanced automotive materials.
  • Other: Specialty uses in industrial and research applications.

Porter’s Five Forces

  • Threat of New Entrants: Moderate; barriers include capital-intensive production and advanced R&D requirements.
  • Supplier Power: Moderate; raw material suppliers hold leverage but global competition balances pricing.
  • Buyer Power: High; electronics and solar industries demand cost-effective, high-performance targets.
  • Threat of Substitutes: Moderate; alternatives include other sputtering target materials (aluminium, copper).
  • Industry Rivalry: High; global competition among established players (Lesker, SAM, Nexteck, Beijing Guanli, Goodfellow) and regional firms.

SWOT Analysis

Strengths: High-performance material with diverse applications; strong adoption in electronics and renewable energy.
Weaknesses: High production costs; dependence on advanced manufacturing processes.
Opportunities: Expansion in Asia-Pacific and Middle East; innovation in eco-friendly target materials; premium positioning in electronics and solar energy.
Threats: Competition from alternative sputtering materials; regulatory tightening; supply chain disruptions.

Trend Analysis

  • Rising demand for advanced display technologies.
  • Growth in solar energy applications.
  • Increasing adoption in automotive coatings and materials.
  • Expansion into emerging markets with rising industrial demand.

Drivers & Challenges

Drivers:

  • Global demand for advanced electronics and renewable energy.
  • Rising applications in displays, solar panels, and automotive industries.
  • Technological innovation in sputtering target production.

Challenges:

  • High production costs limiting mass adoption.
  • Regulatory hurdles in material industries.
  • Competition from alternative sputtering materials.

Value Chain Analysis

  • Raw Materials: Nickel and vanadium feedstocks for target production.
  • Manufacturing: Companies producing plane and rotating targets through advanced processes.
  • Distribution: Electronics, solar energy, automotive, and industrial sectors.
  • End Users: Display manufacturers, solar panel producers, automotive firms, and industrial equipment manufacturers.

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in R&D for cost-effective production methods; expand into Asia-Pacific and Middle East.
  • Investors: Focus on companies with diversified sputtering target portfolios and strong sustainability initiatives.
  • Electronics & Solar Firms: Adopt nickel vanadium targets for high-performance, durable solutions.
  • Policy Makers: Support innovation in sputtering targets through incentives and regulatory clarity.

 

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1. Market Overview of Nickel Vanadium Target
    1.1 Nickel Vanadium Target Market Overview
        1.1.1 Nickel Vanadium Target Product Scope
        1.1.2 Market Status and Outlook
    1.2 Nickel Vanadium Target Market Size by Regions:
    1.3 Nickel Vanadium Target Historic Market Size by Regions
    1.4 Nickel Vanadium Target Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Nickel Vanadium Target Sales Market by Type
    2.1 Global Nickel Vanadium Target Historic Market Size by Type
    2.2 Global Nickel Vanadium Target Forecasted Market Size by Type
    2.3 Plane Target
    2.4 Rotating Target
3. Covid-19 Impact Nickel Vanadium Target Sales Market by Application
    3.1 Global Nickel Vanadium Target Historic Market Size by Application
    3.2 Global Nickel Vanadium Target Forecasted Market Size by Application
    3.3 Display
    3.4 Solar Energy
    3.5 Automobile
    3.6 Other
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Nickel Vanadium Target Production Capacity Market Share by Manufacturers
    4.2 Global Nickel Vanadium Target Revenue Market Share by Manufacturers
    4.3 Global Nickel Vanadium Target Average Price by Manufacturers
5. Company Profiles and Key Figures in Nickel Vanadium Target Business
    5.1 Lesker
        5.1.1 Lesker Company Profile
        5.1.2 Lesker Nickel Vanadium Target Product Specification
        5.1.3 Lesker Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.2 SAM
        5.2.1 SAM Company Profile
        5.2.2 SAM Nickel Vanadium Target Product Specification
        5.2.3 SAM Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.3 Nexteck
        5.3.1 Nexteck Company Profile
        5.3.2 Nexteck Nickel Vanadium Target Product Specification
        5.3.3 Nexteck Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.4 ZNXC
        5.4.1 ZNXC Company Profile
        5.4.2 ZNXC Nickel Vanadium Target Product Specification
        5.4.3 ZNXC Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.5 Beijing Guanli
        5.5.1 Beijing Guanli Company Profile
        5.5.2 Beijing Guanli Nickel Vanadium Target Product Specification
        5.5.3 Beijing Guanli Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.6 Kaize Metals
        5.6.1 Kaize Metals Company Profile
        5.6.2 Kaize Metals Nickel Vanadium Target Product Specification
        5.6.3 Kaize Metals Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.7 E-light
        5.7.1 E-light Company Profile
        5.7.2 E-light Nickel Vanadium Target Product Specification
        5.7.3 E-light Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.8 German tech
        5.8.1 German tech Company Profile
        5.8.2 German tech Nickel Vanadium Target Product Specification
        5.8.3 German tech Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.9 Beijing Scistar Technology
        5.9.1 Beijing Scistar Technology Company Profile
        5.9.2 Beijing Scistar Technology Nickel Vanadium Target Product Specification
        5.9.3 Beijing Scistar Technology Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.10 FDC
        5.10.1 FDC Company Profile
        5.10.2 FDC Nickel Vanadium Target Product Specification
        5.10.3 FDC Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.11 Goodfellow
        5.11.1 Goodfellow Company Profile
        5.11.2 Goodfellow Nickel Vanadium Target Product Specification
        5.11.3 Goodfellow Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.12 XINKANG
        5.12.1 XINKANG Company Profile
        5.12.2 XINKANG Nickel Vanadium Target Product Specification
        5.12.3 XINKANG Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.13 Sputtertargets
        5.13.1 Sputtertargets Company Profile
        5.13.2 Sputtertargets Nickel Vanadium Target Product Specification
        5.13.3 Sputtertargets Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.14 Cathaymaterials
        5.14.1 Cathaymaterials Company Profile
        5.14.2 Cathaymaterials Nickel Vanadium Target Product Specification
        5.14.3 Cathaymaterials Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.15 STMCON
        5.15.1 STMCON Company Profile
        5.15.2 STMCON Nickel Vanadium Target Product Specification
        5.15.3 STMCON Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
    5.16 Changsha Xinkang Advanced Materials Co. Ltd.
        5.16.1 Changsha Xinkang Advanced Materials Co. Ltd. Company Profile
        5.16.2 Changsha Xinkang Advanced Materials Co. Ltd. Nickel Vanadium Target Product Specification
        5.16.3 Changsha Xinkang Advanced Materials Co. Ltd. Nickel Vanadium Target Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Nickel Vanadium Target Market Size
    6.2 North America Nickel Vanadium Target Key Players in North America
    6.3 North America Nickel Vanadium Target Market Size by Type
    6.4 North America Nickel Vanadium Target Market Size by Application
7. East Asia
    7.1 East Asia Nickel Vanadium Target Market Size
    7.2 East Asia Nickel Vanadium Target Key Players in North America
    7.3 East Asia Nickel Vanadium Target Market Size by Type
    7.4 East Asia Nickel Vanadium Target Market Size by Application
8. Europe
    8.1 Europe Nickel Vanadium Target Market Size
    8.2 Europe Nickel Vanadium Target Key Players in North America
    8.3 Europe Nickel Vanadium Target Market Size by Type
    8.4 Europe Nickel Vanadium Target Market Size by Application
9. South Asia
    9.1 South Asia Nickel Vanadium Target Market Size
    9.2 South Asia Nickel Vanadium Target Key Players in North America
    9.3 South Asia Nickel Vanadium Target Market Size by Type
    9.4 South Asia Nickel Vanadium Target Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Nickel Vanadium Target Market Size
    10.2 Southeast Asia Nickel Vanadium Target Key Players in North America
    10.3 Southeast Asia Nickel Vanadium Target Market Size by Type
    10.4 Southeast Asia Nickel Vanadium Target Market Size by Application
11. Middle East
    11.1 Middle East Nickel Vanadium Target Market Size
    11.2 Middle East Nickel Vanadium Target Key Players in North America
    11.3 Middle East Nickel Vanadium Target Market Size by Type
    11.4 Middle East Nickel Vanadium Target Market Size by Application
12. Africa
    12.1 Africa Nickel Vanadium Target Market Size
    12.2 Africa Nickel Vanadium Target Key Players in North America
    12.3 Africa Nickel Vanadium Target Market Size by Type
    12.4 Africa Nickel Vanadium Target Market Size by Application
13. Oceania
    13.1 Oceania Nickel Vanadium Target Market Size
    13.2 Oceania Nickel Vanadium Target Key Players in North America
    13.3 Oceania Nickel Vanadium Target Market Size by Type
    13.4 Oceania Nickel Vanadium Target Market Size by Application
14. South America
    14.1 South America Nickel Vanadium Target Market Size
    14.2 South America Nickel Vanadium Target Key Players in North America
    14.3 South America Nickel Vanadium Target Market Size by Type
    14.4 South America Nickel Vanadium Target Market Size by Application
15. Rest of the World
    15.1 Rest of the World Nickel Vanadium Target Market Size
    15.2 Rest of the World Nickel Vanadium Target Key Players in North America
    15.3 Rest of the World Nickel Vanadium Target Market Size by Type
    15.4 Rest of the World Nickel Vanadium Target Market Size by Application
16 Nickel Vanadium Target Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • Plane Target
  • Rotating Target

By Application

  • Display
  • Solar Energy
  • Automobile
  • Other

Regional Analysis

  • North America: U.S., Canada, Mexico – Strong demand in advanced electronics and automotive industries.
  • Europe: Germany, U.K., France, Italy, Russia, Spain – Adoption supported by innovation in display technologies and renewable energy.
  • Asia-Pacific: China, India, Japan, Southeast Asia – Fastest-growing region, driven by industrial expansion, solar energy projects, and electronics manufacturing.
  • South America: Brazil, Argentina – Moderate growth, supported by automotive and industrial applications.
  • Middle East & Africa: Saudi Arabia, South Africa – Emerging demand, particularly in renewable energy and industrial sectors.

Key Market Players

  • Lesker
  • SAM
  • Nexteck
  • ZNXC
  • Beijing Guanli
  • Kaize Metals
  • E-light
  • German Tech
  • Beijing Scistar Technology
  • FDC
  • Goodfellow
  • XINKANG
  • Sputtertargets
  • Cathaymaterials
  • STMCON
  • Changsha Xinkang Advanced Materials Co. Ltd.

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