Title: Global Coating Equipment market
1 Coating Equipment Market Research Report By
Forecast 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
2Coating Equipment Market Forecast To 2025
Coating Equipment Market Forecast To 2025
- Market Research Future (MRFR) anticipates that
the global coating equipment market can touch the
valuation of approximately USD 30 billion by
2025. It has the potential to achieve a CAGR of
5.5 during the forecast period (2019-2025). - Primary Drivers and Key Challenges
- Coating equipment market size can expand
significantly in the coming years, thanks to the
surge in end use application in different
industries such as automotive, aerospace,
transportation, construction and industrial.
Increasing automotive sales combined with
expanding population works in favor of the
market. In addition, the booming infrastructural
industry along with the rising purchasing power
of the consumers in developing countries boosts
the demand for coating equipment market.
3Coating Equipment Market Forecast To 2025
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Coating
Equipment Market Forecast To 2025
- Heavy types of machinery that are used across
industries use various layering apparatus that
help provide tool resistance from abrasion,
corrosion, wear tear and rusting, which helps
increase the lifespan of tools. Surge in
industrialization in building and manufacturing
industries, especially in emerging nations can
benefit the coating equipment market in the years
to come. Increasing application of heavy machines
in the manufacturing sector will also elevate
market demand. An additional factor that is
expected to promote market growth includes the
high use of layering in automobiles, bicycle, and
household appliances. - The strengthening economy in emerging countries
like India, China, Mexico, and Brazil paired with
deployment of highly advanced technology in
coating equipment like AI, big data and IoT are
bound to offer a host of growth opportunities to
the global market. The market has a bright
future, given the rising need for replacing
existing coating systems as well as the soaring
demand from aviation, medical and automotive
industries.
4Coating Equipment Market Forecast To 2025
Global Coating Equipment Market Segmented on the
basis of
The worldwide market for coating equipment has
been analyzed by MRFR in terms of type and
industry vertical. Depending on the type, the
global market has been considered for powder,
liquid, and specialty coating equipment. The
powder coating segment can grow at the highest
rate during the forecast period, as it is the
most commonly used coating on metal surfaces and
finds massive use across various industry
verticals. Based on the industry vertical, the
global coating equipment market includes
aerospace, automotive, construction, industrial,
and others. The industrial sector has the highest
chances of leading the coating equipment market
in the following years, on account of the rising
use of the coating in heavy machinery.
5Coating Equipment Market Forecast To 2025
Global Coating Equipment Market - Geographical
Analysis
- North America, the Middle East, and Africa, Asia
Pacific and Europe are the main regions with the
highest concentration of the coating equipment
market. - The APAC market for coating equipment is believed
to gain the highest traction during the forecast
period. China is the most significant market for
coating equipment in the region and is expected
to garner the highest growth rate in the ensuing
years. Industrial development, soaring demand for
automobiles, and high population growth are some
of the important factors that support the market
growth in the region. Increased popularity of
consumer goods such as refrigerators, TV, cell
phones and computers will also benefit the
regional market. Furthermore, a number of
international competitors are now concentrating
on emerging countries, given the boom in
industrialization construction industries.
Product consumption in nations like Indonesia,
Thailand, Vietnam, and Malaysia has been on the
rise in recent years, which has added to the
market strength in the region.
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6Coating Equipment Market Forecast To 2025
Global Coating Equipment Market - Competitive
Analysis
- Global Coating Equipment Market is dominated by
prominent players such as Panasonic Corporation
(Japan), Honeywell International Inc. (US),
Hamilton Beach Brands Holding Company (US),
Levoit (US), Whirlpool Corporation (US), Blueair
(Sweden), Guardian Technologies (US), Real Spirit
USA, Inc. (US), Austin Air Systems Limited (US),
and Airfree (Portugal).
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.com/reports/coating-equipment-market/2124
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