Global Plating Equipment Market Overview:
Plating equipment and anodizing equipment applied to a product in order to give finishing to a product and to increase its resist corrosion and durability. Plating equipment is used mostly with metal surfaces, but specialized techniques can be used to plate non-conductive materials. The plating process a thin layer of metal coats a substrate which is done through electroplating, and involves an electric current, or through electroless plating which is in an autocatalytic chemical process.
Market Drivers
- Increasing Demand for High-Density Interconnects
- Rising Preference to Lead a Comfortable Lifestyle and Rise in Disposable Income
Market Trend
- Growing Adoption In Electrical and Electronics Industry
- Rising Demand for Wires and Semiconductors throughout the World Due To rising in IoT Things
Restraints
- Several Governments Are Imposing Certain Regulations on Electroplating Industry
Opportunities
- Huge Demand in Various End-User Industries in Developing Countries
Competitive Landscape:
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Plating Equipment Ltd (United Kingdom), Metalor (Switzerland), Hung Li (Hurmg Yieh) Machinery Industrial Co., Ltd. (Taiwan), Atotech (Germany), EEJA (Japan), George Koch Sons (United States), Yamato Denki Co., Ltd. (Thailand), Besi (Netherlands), PAT (Taiwan) and WALGREN (United States). Analyst at AdvanceMarketAnalytics see Asian Players to retain maximum share of Global Plating Equipment market by 2024.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plating 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 Plating 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 Manufacturers of Plating Equipment, Suppliers of Plating Equipment, Wholesalers, Distributors and Retailers of Plating Equipment, Automobile Industry, Electronic Industry and Governmental Bodies.
This helps us to gather the data related to 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, USPTO, EPO, Annual reports, press releases etc.