The study covers a detailed analysis segmented by key business segments i.e. by type (Thermal Spray Coating Systems, Dust Collection Equipment, Spray Guns And Nozzles, Feeder Equipment, Spare Parts, Noise-Reducing Enclosures and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Plasma Spray Equipment market throughout the predicted period.
What is Plasma Spray Equipment?
Plasma spray guns & integrated instrumentation that impart quality coatings that shield elements & instrumentation from wear because of corrosion, abrasion, erosion, friction & different sources of stress during a type of industrial services. During plasma spraying, feedstock materials (in the shape of powder, rod, or wire) are sprayed into the plasma flame to be unfrozen. The unfrozen materials arrive on the surface of the target once having been sufficiently heated and accelerated by the plasma jet. Rising Application of Constructive Coatings for Material Sustainability is rising demand for plasma spray equipment.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Plasma Spray Equipment market analysis report suggests strategies Manufacturers can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, including:
- Praxair Surface Technologies, Inc (United States)
- BodyCote (United Kingdom)
- Oerlikon Metco (Switzerland)
- Surface Technology (United Kingdom)
- H.C Starck Gmbh (Germany)
- F.W. Gartner Thermal Spraying (United States)
- Arc Spray (Pty) Ltd (South Africa)
- Metallisation Limited (United Kingdom)
- Plasma-Tec, Inc. (United States)
- C&M Technologies GmbH (Germany)
Market Overview:
In 2019, Oerlikon Metco, a leader in advanced surface technologies, acquired AMT AG, a supplier of high-tech Thermal Spray turn-key systems. This acquisition will support the strategy to focus and expand surface solution technologies of Oerlikon and simultaneously increasing market applications and service accessibility to customers.
The global market for plasma spray equipment is fragmented by global players in order to cater the rising demand for ceramic, cermet and metal coatings in several industry sectors. The players should focus upon R&D investments to achieve diversified product portfolio and cost effective solutions are factors responsible for strengthening the position
Market Trend
Advancement in Equipment by Integrating them with Automation and Artificial Intelligence for Increased Efficiency and Lower hazards
Restraints
- High costs Involved with Plasma Spray Equipment and Infrastructure
Opportunities
Rise in Thermal Coatings on Automotive Engine Parts and Seal ring grooves in the compressor area of aero-engine turbines and Rise in Biocompatible Coatings for Medical and Dental Implants
Key highlights of the Global Plasma Spray Equipment market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Plasma Spray Equipment market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Plasma Spray Equipment market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Plasma Spray Equipment Manufacturers
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plasma Spray Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Plasma Spray Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Plasma Spray Equipment manufacturer, Research Institutes, End Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.