Global Commercial Metal Plating Equipment Market Size, Share & Trends Analysis Report By Equipment Types (Electroplating Systems, Anodizing Equipment, Galvanizing Lines, and Others), By End User, By Regional Outlook and Forecast, 2024 - 2031

Global Commercial Metal Plating Equipment Market Size, Share & Trends Analysis Report By Equipment Types (Electroplating Systems, Anodizing Equipment, Galvanizing Lines, and Others), By End User, By Regional Outlook and Forecast, 2024 - 2031

The Global Commercial Metal Plating Equipment Market size is expected to reach $470.3 million by 2031, rising at a market growth of 4.1% CAGR during the forecast period.

Countries like China, India, Japan, and South Korea are at the forefront of this growth. China, in particular, is a major hub for manufacturing and has a vast automotive and electronics industry that relies heavily on metal plating. Thus, the Asia Pacific market acquired 39.6% revenue share in the market 2023. Similarly, Japan and South Korea, known for their advanced technology and electronics industries, play a crucial role in driving the market in the Asia Pacific region.

The incorporation of a protective coating that is able to survive corrosion, abrasion, and extreme environmental conditions is what makes metal plating so important for boosting the performance and longevity of a wide range of automotive components.

Additionally, Metal plating coatings are crucial for ensuring the safety, reliability, and performance of various aerospace components, including engines, landing gear, and structural parts. Commercial aviation is experiencing robust growth, driven by increasing global air travel demand. Therefore, the expansion of the aerospace sector is significantly boosting the demand for metal plating equipment.

However, setting up a metal plating facility involves purchasing advanced equipment, technology, and infrastructure, all of which demand considerable capital expenditure. For instance, state-of-the-art electroplating machines, automation systems, and quality control instruments are necessary to ensure high precision and efficiency in plating processes. Hence, the metal plating industry's substantial initial investment and high operational costs present significant challenges.

Equipment Type Outlook

Based on equipment types, the market is characterized into electroplating systems, anodizing equipment, galvanizing lines, and others. The anodizing equipment segment procured 24.6% revenue share in the market in 2023. Anodizing is particularly important for aluminum components, enhancing their corrosion resistance, surface hardness, and ability to retain dyes for aesthetic purposes.

End User Outlook

On the basis of end user, the market is classified into automotive, electronics, aerospace, and others. The electronics segment acquired 32.4% revenue share in the market in 2023. The rising demand for smartphones, tablets, laptops, and other consumer electronics has driven the need for advanced metal plating techniques to ensure high-quality finishes and enhanced durability of electronic components.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered 30.2% revenue share in the market in 2023. Technological advancements, strong industrial activities, and a focus on sustainable manufacturing practices drive this region's growth.

List of Key Companies Profiled

• Koch, LLC (Koch Enterprises, Inc.)
• Progalvano S.r.l.
• SIFCO ASC
• Chicago Plastic Systems
• Poliplast Ltd.
• Sharretts Plating Company
• Anoplate Corporation
• Lincoln Industries
• Arlington Plating Company

Global Commercial Metal Plating Equipment Market Report Segmentation

By Equipment Types

• Electroplating Systems
• Anodizing Equipment
• Galvanizing Lines
• Others

By End User

• Electronics
• Automotive
• Aerospace
• Others

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA