What is the global market size of Coating Equipment Market?

Coating Equipment Market size was valued at USD 16.63 billion in 2021 and is poised to grow from USD 17.15 billion in 2022 to USD 24.79 billion by 2030, growing at a CAGR of 5.4% during the forecast period (2023-2030).

Coating Equipment Companies

Coating Equipment Market Competitive Landscape

Coating Equipment Market Top Player’s Company Profiles

IHI Corporation
AJA International
Anest Iwata Corporation
Asahi Sunac Corporation
Axalta Coating Systems
Blosch AG
Buhler AG
Carlisle Companies
CVD Equipment Corporation
Exel Industries
Fujimi Corporation
Gema USA Inc.
Graco Inc.
Guangdong HuiCheng Vacuum Technology Co., Ltd.
Kolzer SRL
Miba AG
Nordson Corporation
OC Oerlikon Management AG
PVD Products Inc.
ULVAC Inc.

Coating Equipment Market

FAQs

Global Coating Equipment Market size was valued at USD 17.15 billion in 2022 and is poised to grow from USD 18.08 billion in 2023 to USD 27.53 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).

The global coating equipment market is characterized by a mix of established players, emerging companies, and regional manufacturers. Market competition revolves around factors such as technological advancements, product innovation, pricing strategies, and customer service. Companies are investing in research and development activities to introduce advanced coating equipment with enhanced performance and efficiency. Additionally, partnerships, collaborations, and strategic acquisitions are common strategies employed by market players to expand their geographical presence, strengthen their product portfolio, and gain a competitive edge in the market. 'IHI Corporation ', 'AJA International ', 'Anest Iwata Corporation ', 'Asahi Sunac Corporation ', 'Axalta Coating Systems ', 'Blosch AG ', 'Buhler AG ', 'Carlisle Companies ', 'CVD Equipment Corporation ', 'Exel Industries ', 'Fujimi Corporation ', 'Gema USA Inc. ', 'Graco Inc. ', 'Guangdong HuiCheng Vacuum Technology Co., Ltd. ', 'Kolzer SRL ', 'Miba AG ', 'Nordson Corporation ', 'OC Oerlikon Management AG ', 'PVD Products Inc. ', 'ULVAC Inc. '

One significant driver in the global coating equipment market is the increasing emphasis on sustainability and environmental regulations. With growing awareness of the adverse environmental impacts of traditional coating methods, there is a shift towards eco-friendly and low-VOC (volatile organic compound) coatings. This shift is driving the demand for advanced coating equipment that enables efficient application of environmentally friendly coatings. Manufacturers are investing in innovative technologies and equipment that support sustainable coating practices, catering to the evolving preferences of consumers and regulatory requirements.

One key market trend in the coating equipment industry is the growing adoption of automated and robotic coating systems. Automation technologies offer several advantages such as increased efficiency, precise application, reduced material waste, and improved worker safety. Manufacturers are investing in advanced robotic systems equipped with sensors, artificial intelligence, and machine learning capabilities to enhance coating processes. The integration of automation in coating equipment enables higher productivity, consistency in quality, and faster turnaround times. This trend is driven by the need for cost-effective and efficient coating solutions, especially in industries like automotive, aerospace, and electronics.

North America dominated the global coating equipment market. The region's dominance can be attributed to several factors. Firstly, the presence of well-established aerospace and automotive industries in countries like the United States and Canada drives the demand for coating equipment. These industries require advanced coating solutions for surface protection, aesthetic appeal, and improved performance of their products.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Coating Equipment Market Size, Share, Growth Analysis, By Type (Powder Coating Equipment, Liquid Coating Equipment), By End-use Industry (Automotive & Transportation, Aerospace), By Region - Industry Forecast 2024-2031

Coating Equipment Market Competitive Landscape

Coating Equipment Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Coating Equipment Market Size, Share, Growth Analysis, By Type (Powder Coating Equipment, Liquid Coating Equipment), By End-use Industry (Automotive & Transportation, Aerospace), By Region - Industry Forecast 2024-2031

Coating Equipment Market Competitive Landscape

Coating Equipment Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Coating Equipment Market?

Who are the key vendors in the Coating Equipment Market?

What is the key driver of Coating Equipment Market?

What is the key market trend for Coating Equipment Market?

Which region accounted for the largest share in Coating Equipment Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300