The Global Coating Equipment Market Size was valued USD 20.4 billion by 2017 and is anticipated to surpass more than USD XX.XX billion by 2025, registering at a CAGR 5.50% during forecast period owing to growing demand from application such as Automotive & Transportation, Aerospace, Industrial, Building & Infrastructure. In this market replacement of existing coating systems is play major role for boost the growth of the coating equipment market. Coating is nothing but layer which is used for the surface of an object, usually define to as the substrate. Coating is use for decorative, functional purpose. The coating equipment is helping to covered or layer on the object it is called coating equipment. It can be PVD and CVD equipment, and thermal sprays, among others.

Global Coating Equipment Market Growth Opportunities (Revenue, Growth) By 2017-2025

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Segment Analysis

On the basis of type the coating equipment market is segmented into Liquid Coating, Powder Coating, and Specialty Coating. Additionally, the powder coating equipment is anticipated to grow at the fastest rate over forecast years. Powder coating mostly used on metal surface. The increasing powder coating industry will drive the demand for coating equipment and is reflected positive sign of the market growth during forecast timespan.

The specialty coating equipment segment is hold the largest share of the market during forecast period. In the developing countries from APAC and Middle East & Africa such as India, China and Japan, the demand for equipment is increasing owing to the increasing demand for long term protective coating in various industries.

The Aerospace Industry is anticipated to grow the fastest in the coming years.

The coating equipment in the aerospace industry was hold highest share in 2017 and is excepted to witness the fastest growth in the next five years. Coating is play very important role for protect or enhancing performance the substrates of aircraft devices. The aerospace industry includes commercial, military, and general aviation segments will help to achieve predictable growth during forecast period.  

Regional Analysis

The global coating equipment market is regionally classified into North America, Europe, South America, Africa, and Asia-Pacific. As per our analysis for Asia Pacific, this region shows the most profitable market for coating equipment as compared to other regions. The market in this region is registering healthy growth owing to the presence of growing developing countries such as India, China, and ASEAN countries such as Thailand and Indonesia. North America and Europe are very high demanding market for coating equipment owing to increased product demand in the aerospace industry. Middle East and Africa has estimated to significant growth opportunities in coming years due to government support and research & development which is projected to boost demand from these regions.

Global Coating Equipment Market Size, Share Analysis By Region 2017

Global Coating Equipment Market Study Objective

1. To forecast the market size of coating equipment market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of coating equipment market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of coating equipment market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of coating equipment market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the coating equipment market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of coating equipment market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of coating equipment market commercially.

Key Players

The major key players in the coating equipment market include Nordson Corp, IHI Corp, OC Oerlikon, SATA, Graco, ANEST IWATA, ASAHI Sunac Corp., J. Wagner, Carlisle Companies, and WIWA Wilhelm Wagner.

Global Coating Equipment Market Study Report Offer You!

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