Press release
Paint Thickness Gauges Market Size Forecasted To Achieve 1.19 Billion By 2029 With Steady Growth
Paint Thickness Gauges
What Is the Paint Thickness Gauges Market Size and Projected Growth Rate?
There has been a significant increase in the size of the paint thickness gauges market in previous years. The market, which stood at $0.83 billion in 2024, is projected to reach $0.89 billion in 2025, representing a compound annual growth rate (CAGR) of 7.8%. This growth trend during the historic period is the result of strict quality control norms, expansion in the automotive refinishing industry, the increased embrace of non-destructive inspection techniques, growth in aerospace coatings, and an uptick in corrosion prevention awareness.
Over the next few years, the market for paint thickness gauges is anticipated to experience robust growth, with its value projected to reach $1.19 billion by 2029, increasing at a Compound Annual Growth Rate (CAGR) of 7.5%. The surge during the forecasted period can be credited to the escalating demand for precise measurements, advancements in sensor technologies, broader application in industrial automation, increased regulatory compliance in the coatings industry, and the growth of electric vehicle (EV) production. Predicted trends for the forecasted duration consist of AI and IoT integration into measurement tools, escalating demand for wireless and portable gauges, the emergence of multi-functional thickness measurement devices, escalating utilization in 3D printing and additive manufacturing, and increased adoption in the marine and defense industries.
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What Are the Major Segments in the Paint Thickness Gauges Market?
The paint thickness gauges market covered in this report is segmented -
1) By Type: Magnetic Induction Gauges, Eddy Current Gauges, Ultrasonic Gauges, Terahertz (Thz), Photothermal, Other Types
2) By Technology: Non-Destructive Testing (NDT), Destructive Testing
3) By Functionality: Handheld Gauges, Benchtop Gauges
4) By Distribution Channel: Online, Offline
5) By End-User: Manufacturing, Construction, Automotive, Other End-Users
Subsegments:
1) By Magnetic Induction Gauges: Ferrous Substrate Coating Measurement, Automotive Paint Thickness Measurement, Industrial Coating Inspection
2) By Eddy Current Gauges: Non-Ferrous Substrate Coating Measurement, Aerospace Coating Thickness Inspection, Marine And Shipbuilding Applications
3) By Ultrasonic Gauges: Multi-Layer Coating Thickness Measurement, Non-Destructive Testing For Composite Materials, Pipeline And Corrosion Inspection
4) By Terahertz (THz) Gauges: High-Resolution Layer Analysis, Advanced Automotive Coating Inspection, Electronics And Semiconductor Coatings
5) By Photothermal Gauges: Precision Coating Analysis For High-End Applications, Thin Film And Transparent Layer Measurement, Specialty Coatings In Aerospace And Medical Industries
6) By Other Types: Beta Backscatter Gauges For Industrial Coatings, X-Ray Fluorescence (XRF) Gauges For Metal Coatings, Laser-Based Coating Thickness Measurement
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What Are The Driving Paint Thickness Gauges Market Evolution?
The accelerated rate of industrial and infrastructural progression is anticipated to boost the expansion of the paint thickness gauges market. The surge is typically because of government-driven initiatives and investments, alongside a heightened demand for products and services that optimise manufacturing and building operations in a cost-effective manner. Industrial and infrastructural development relates to the broadening of industrial action and the establishment of necessary facilities, playing a vital role in economic advancements. Paint thickness gauges are deployed within these sectors to uphold correct coating thickness, thwarting corrosion while increasing the longevity of products and architectural constructs. To illustrate, data from the Office for National Statistics, a government agency in the UK, reported that new infrastructure construction work in July 2024 hit around $46.2 billion (£36.6 billion) back in 2023, depicting an increase of 10.8% compared to 2022. This amplifying speed of industrial and infrastructural progression, therefore, fuels the development of the paint thickness gauges market.
Which Firms Dominate The Paint Thickness Gauges Market Segments?
Major companies operating in the paint thickness gauges market are Tecpel Co. Ltd., HORIBA Ltd., Mitutoyo Corporation, Beijing TIME High Technology Ltd., Helmut Fischer GmbH, Elcometer Limited, Shenzhen Linshang Technology Co. Ltd., BYK-Gardner GmbH, ElektroPhysik Dr. Steingroever GmbH & Co. KG, DeFelsko Corporation, Metrix Instrument Co., Kett Electric Laboratory, PCE Instruments India Private Limited, NDT Supply.com Inc., Robu.in, Fischer Technology Inc., coatmaster AG, Stanlay North America Inc., REED Instruments, Grade A Tools LLC, Honesdom International (HK) Limited, Phase II Machine & Tool Inc., Cygnus Instruments Ltd., Caltech India
What Trends Are Expected to Dominate the Paint Thickness Gauges Market in the Next 5 Years?
Key players in the paint thickness gauges market are making concerted efforts to innovate and evolve technologically, including the creation of handheld paint thickness gauge devices. These strides aim to increase accuracy, streamline functionality, and simplify usage. These portable, handheld gauge devices allow for precise readings of paint or coating thickness across several surfaces, and are crucial for industries such as automotive and manufacturing, where quality control is paramount. For example, in November 2024, BYK-Gardner, a measurement and testing instrument company based in Germany, unveiled the BYK-μPELT 5. This sophisticated, handheld paint thickness gauge can measure multi-layered coating. The device employs high-frequency ultrasound pulses to analyze up to five layers on a variety of substance types, such as steel, aluminum, plastic, composite materials, and wood. This significant advancement in coating measurement technology heightens precision levels in coating thickness examination, making it an indispensable instrument for industries that have stringent surface evaluation requirements.
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Which Is The Largest Region In The Paint Thickness Gauges Market?
North America was the largest region in the paint thickness gauges market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the paint thickness gauges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Paint Thickness Gauges Market?
2. What is the CAGR expected in the Paint Thickness Gauges Market?
3. What Are the Key Innovations Transforming the Paint Thickness Gauges Industry?
4. Which Region Is Leading the Paint Thickness Gauges Market?
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