North America 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 Country and Growth Forecast, 2024 - 2031
North America 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 Country and Growth Forecast, 2024 - 2031
The North America Commercial Metal Plating Equipment Market would witness market growth of 3.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Commercial Metal Plating Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $97,168.1 Thousands by 2031. The Canada market is experiencing a CAGR of 5.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.8% during (2024 - 2031).
The automotive industry is one of the largest consumers of metal plating equipment. Metal plating is extensively used in the automotive sector to enhance various components' durability and aesthetic appeal. This includes everything from engine parts and transmission components to exterior trims and decorative elements.
Additionally, aesthetic considerations are paramount in the automotive industry. Consumers increasingly demand vehicles with high visual appeal, often achieved through decorative metal plating on parts like grilles, emblems, and interior accents.
The market in North America is experiencing significant growth, particularly due to the expansion of the aerospace sector. The demand for advanced metal plating equipment is driven by various factors specific to different nations within the region. According to the Federal Aviation Administration (FAA), the U.S. aerospace industry will grow significantly over the coming years. The FAA Aerospace Forecast for FY 2025-2044, annual growth for ASM and RPM are forecast to grow at 2.8 percent, while enplanements will grow at a rate of 3.1 percent, driven by economic fundamentals and increased demand for air travel.
Based on Equipment Types, the market is segmented into Electroplating Systems, Anodizing Equipment, Galvanizing Lines, and Others. Based on End User, the market is segmented into Electronics, Automotive, Aerospace, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
North America 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 Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Commercial Metal Plating Equipment Market, by Equipment Types
1.4.2 North America Commercial Metal Plating Equipment Market, by End User
1.4.3 North America Commercial Metal Plating Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Commercial Metal Plating Equipment Market by Equipment Types
4.1 North America Electroplating Systems Market by Country
4.2 North America Anodizing Equipment Market by Country
4.3 North America Galvanizing Lines Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Commercial Metal Plating Equipment Market by End User
5.1 North America Electronics Market by Country
5.2 North America Automotive Market by Country
5.3 North America Aerospace Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Commercial Metal Plating Equipment Market by Country
6.1 US Commercial Metal Plating Equipment Market
6.1.1 US Commercial Metal Plating Equipment Market by Equipment Types
6.1.2 US Commercial Metal Plating Equipment Market by End User
6.2 Canada Commercial Metal Plating Equipment Market
6.2.1 Canada Commercial Metal Plating Equipment Market by Equipment Types
6.2.2 Canada Commercial Metal Plating Equipment Market by End User
6.3 Mexico Commercial Metal Plating Equipment Market
6.3.1 Mexico Commercial Metal Plating Equipment Market by Equipment Types
6.3.2 Mexico Commercial Metal Plating Equipment Market by End User
6.4 Rest of North America Commercial Metal Plating Equipment Market
6.4.1 Rest of North America Commercial Metal Plating Equipment Market by Equipment Types
6.4.2 Rest of North America Commercial Metal Plating Equipment Market by End User