Press release
Spark Plasma Sintering Market Estimated to Rise Profitably with CAGR of over 6.0% during 2019 – 2023 | Global Key Players - Fuji Electronic, Dr Fritsch GmbH, Thermal Technology, FCT Systeme GmBH, MTI, Elenix, Toshniwal Instruments
Marketprognosis.com Publish a New Market Research Report On “Global Spark Plasma Sintering Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.Overview of the Global Spark Plasma Sintering Market:
The Global Spark Plasma Sintering Market is expected to register a CAGR of over 6.0%, during the forecast period 2018 - 2023. The scope of the market covers the systems by various vendors of the market.
There has been a robust growth in the number of nuclear projects across the world, with each country focused on developing their nuclear strength. However, the sector faces a struggle in the production of nuclear energy through materials with consistent mechanical and physical properties. The encapsulation of radioisotope materials, such as Plutonium (IV) oxide and Americium dioxide within tungsten cermets is of particular interest as sources for thermal management and radioisotope power systems.
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The conventional sintering techniques lead to the formation of complete or partial non-cermet regions in the fuel element development However, SPS has been able to increase the density materials at lower temperatures and shorter times than those required in conventional processes. Also, the presence of large grains observed in sintering processes, such as hot iso-static pressing lead to a loss of mechanical properties that are avoided during the SPS process as it minimizes grain growth and it is therefore ideal to be used in materials requiring a top mechanical performance.
Defense Sector to Witness the Fastest Growth Over the Forecast Period; Titanium is the most sort after metal for military applications, used in cutting-edge nuclear submarines, fighter jets, as it offers corrosion resistance that extend the life, as well as for light-weight requirements, like armoured vehicles. However, the metal is ten times more expensive than steel and accounts for a huge production time as well.
The emergence of the SPS methods enables the production of titanium powder/particulate in hardly two steps. This method has found a huge expansion of titanium parts and equipment throughout the military. Further, it also enables the creation of custom body armors for soldiers that just involve digitally scanning the soldier, creating a graphite mold via CNC machining, and sintering boron carbide powder into customized plates. With a greater focus on improving military technology and equipment, the armed forces across the world are looking into investing into this technology. .
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Major Key Players:
1 Fuji Electronic Co. Ltd.
2 Dr Fritsch GmbH & Co KG
3 Thermal Technology LLC
4 FCT Systeme GmBH
5 MTI Corporation
6 Shanghai Gehang Vacuum Technology Co., Ltd.
7 Col-Int Tech ( Colombia International Tech)
8 Shanghai Haoyue Furnace Technology Co.Ltd
9 Elenix Inc.
10 Toshniwal Instruments and More……………
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This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Spark Plasma Sintering Market.
Table of Contents:
1 Introduction
2 Research Methodology
3 Market Insights
4 Market Dynamics
5 Technology Snapshot
6 Potential Areas for Spark Plasma Sintering
7 Global Spark Plasma Sintering Equipment Market - Segmented by Application
8 Global Spark Plasma Sintering Equipment Market - Segmented by u2013 Geography
9 Key Vendor Profiles
10 Key Innovators- Advanced Sintering Techniques in the Market
11 Investment Analysis
12 Future of the Market
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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