Coating Equipment Market Scenario
The coating equipment market has gained significant growth due to increasing demand from growing end-use industries and need for replacement of existing coating systems. Also, technology advancement is also one of the factor attributing the growth of coating equipment market. However, availability of low-cost alternatives for some applications is one of the major factor hampering the global market growth.
Coating Equipment Market Segmentation
The coating equipment market is segmented by type, end-use industry and geography. The types studied in the coating equipment market are liquid coating equipment, powder coating equipment and specialty coating equipment. Coating equipment are used in various end use industry such as automotive & transportation, aerospace, industrial, building & infrastructure and others. Based on Geography, the Coating equipment Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Coating Equipment Market by Geography
Geographically, the coating equipment market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Among all the regions, the Asia Pacific emerged as the largest market share in 2019. The presence of various manufacturers in the region will upsurge the market size. Furthermore, high investment initiatives for the construction sector in the emerging countries such as China, Japan, India and Indonesia will open up new growth avenues over the projection period.
Coating Equipment Market Key Players
Some of the major players operating in the global coating equipment market includes Nordson Corporation, IHI Corporation, OC Oerlikon Corporation AG, Sata GmbH & Co. Kg, Graco Inc., Anest Iwata, Asahi Sunac Corporation, J. Wagner GmbH, Carlisle Companies, Wiwa Wilhelm Wagner GmbH, Tritech Industries, Inc., Larius, Titan Tool, Ningbo Dino-Power Machinery, Ingersoll-Rand, W.I.T. S.R.L., Han Shin Painting System and Exel Industries h. Market players are involved in new product launches and acquisitions to exploit maximum revenue potential in global coating equipment market.
Coating Equipment Market Report Key Benefits