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Thermal Spray Equipment Market - Segmented by Product Type, By End-User Industry, By Thermal Spray Process, and Geography - Trends and Forecasts (2017 - 2022)

08-28-2017 12:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: REPORTSANDMARKETS

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thermal spray equipment market, thermal spray equipment market analysis, thermal spray equipment market data, thermal spray equip

thermal spray equipment market, thermal spray equipment market analysis, thermal spray equipment market data, thermal spray equip

Reports And Markets Publish a New Market Research Report On –"Thermal Spray Equipment Market - Segmented by Product Type, By End-User Industry, By Thermal Spray Process, and Geography - Trends and Forecasts (2017 - 2022)"

Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1086361-global-thermal-spray-equipment-market-segmented-forecasts-2017-2022

The global Thermal Spray Equipment market is expected to grow at a CAGR of 6.9% during the forecast period (2017 - 2022). The market was valued at USD 307 million in 2015, and is projected to reach a value of USD 428 million by 2020.

Thermal Spray is a group of industrial processes, which generally include the propelling of micrometer-size particles of molten or semi-molten materials to create a protective or decorative coating on the surface of the desired substrate. The Thermal Spray coating provides various advantages to the end-users, such as lower coating cost, improved engineering performance, and increased component life. Thermal Spray Equipment are an integral part of every step in the thermal spray coating process and can be primarily segmented into thermal spray coating systems, dust collection equipment, spray guns and nozzles, feeder equipment, spare parts, noise-reducing enclosures, and others.

The equipment market has also been segmented according to the material being coated onto the substrate into; metals, ceramics, polymers, and others. Thermal Spray techniques, owing to their superior deposition rate, in comparison to other traditional coating processes, are an integral part of various major industrial sectors. In the global Thermal Spray Equipment market report, we have taken the following major end-user sectors of thermal spray coatings into consideration: Automotive, Aerospace, Industrial Gas Turbines, Energy & Power, Electronics , Oil & Gas, Medical Devices, Others.

This market is driven by a number of factors, such as growing thermal spray applications in aerospace and automotive sectors, the increased usage of thermal spray in medical devices, and the reduced technology transfer time; primarily resulting from the growing reach of thermal spray professional and trade associations.

However, this market faces certain drawbacks, such as the emergence of hard trivalent chrome coating, trust issues regarding thermal spray process reliability and consistency, and the limited usage of thermal spray in emerging economies. These factors may act as a roadblock to the growth of the market. The shifting focus towards integrated automated systems, the increased awareness and demand from Asia-Pacific, the advancements in spraying technology (cold spray process), and the development of novel cheaper products will offer numerous opportunities in the growth of the global thermal spray equipment market.

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Some of the major companies and vendors in the market include, Metallisation Ltd., Flame Spray Technologies, Oerlikon Metco, Praxair Surface Technologies, Metallizing Equipment Co. Pvt. Ltd, GTV Verschleiss-Schutz., and Kurt J. Lesker (KJLC).

Key Deliverables in the Study

Market analysis for the Global Thermal Spray Equipment Market, with global and regional specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Thermal Spray Equipment market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

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