Global Thermal Spray Equipment Market 2022 - Snapshot

Global Thermal Spray Equipment Market 2022 - Snapshot

According to Gen Consulting Company, the global thermal spray equipment market is set to achieve an incremental growth of USD 118 million, acelerating at a CAGR of almost 4.6% during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the type, application, process, and region. The global market data on thermal spray equipment can be segmented by type: thermal spray coating system, dust collection equipment, spray guns and nozzle, feeder equipment, spare part, noise-reducing enclosure, others. The spray guns and nozzle segment held the largest share of the global thermal spray equipment market in 2021 and is anticipated to hold its share during the forecast period. Thermal spray equipment market is further segmented by application: military & aerospace, industrial gas turbine, automotive, electronic, oil & gas, medical, energy & power, others. Globally, the military & aerospace segment made up the largest share of the thermal spray equipment market. Based on process, the thermal spray equipment market is segmented into: combustion, electric energy. The electric energy segment was the largest contributor to the global thermal spray equipment market in 2021. On the basis of region, the thermal spray equipment market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America is estimated to account for the largest share of the global thermal spray equipment market.

The global thermal spray equipment market is highly competitive. Some of the leading companies operating in the market are Air Products and Chemicals Inc., Donaldson Company Inc., Kennametal Inc., Lincotek Equipment S.p.A., Linde plc, Metallisation Ltd., OC Oerlikon Management AG, Progressive Surface Inc., Saint-Gobain S.A.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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