(EMAILWIRE.COM, April 13, 2022 ) The report “Coating Equipment Market by Type (Powder coating equipment, Liquid coating equipment, Specialty coating equipment), End-use Industry(Automotive & Transportation, Aerospace, Industrial, Building & Infrastructure), and Region – Global Forecast to 2026″, size is estimated to be USD 18.9 Billion in 2021 and is projected to reach USD 24.7 Billion by 2026, at a CAGR of 5.6%. The emerging demand for electric vehicle have increased the demand across the globe that support the market growth. Moreover, the significant growth of the construction and automobile industry in developing countries are driving the coating equipment market.
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37434769
Specialty coating equipment accounted for the largest share in 2020
In 2020, the specialty coating equipment segment accounted for the largest share of the overall coating equipment market. . The growing specialty coating market is driving the demand for coating equipment. Oerlikon and IHI group are the leading players in the specialty coating equipment market.
Industrial end-use industry accounted for the largest share in 2020
Coating equipment are used in the application of coatings of machines, tools, and equipment used in the Industrial end-user industry. In the power generation industry, oil & gas industry, and consumer appliances industry. Rapid industrialization and development of new manufacturing facilities are expected to increase the demand for coating equipment, globally. PVD and CVD coatings are preferred for coating metal components and moving parts.
Don’t miss out on business opportunities in Coating Equipment Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=37434769
Browse in-depth TOC on “Coating Equipment Market
199 – Market Data Tables
48 – Figures
213 – Pages
APAC is projected to account for the largest share of the Coating Equipment market during the forecast period
APAC is estimated to be the largest market for Coating Equipment and is projected to reach USD 8,474.9 Million by 2026. The market in the region is primarily driven by the rising demand for building and infrastructure, industrial and automotive industry.
The demand for coating equipment is mainly catered by global players manufacturing automobiles. IHI Corporation (Japan), Nordson Corporation (U.S.), OC Oerlikon Management AG (Switzerland), SATA GmbH & Co. KG (Germany), Graco Inc. (U.S.), ANEST IWATA Corporation (Japan), ASAHI Sunac Corporation (Japan), and WIWA Wilhelm Wagner GmbH (Germany), are the key players operating in the coating equipment market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the coating equipment market.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=37434769
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the Growth Engagement Model GEM. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write Attack, avoid and defend strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarketss flagship competitive intelligence and market research platform, Knowledge Store connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.