Core Insights - The global thermal spray equipment market is projected to reach USD 420 million by 2031, with a compound annual growth rate (CAGR) of 2.0% in the coming years [2]. Market Overview - The leading manufacturers in the global thermal spray equipment market include Oerlikon Metco, Praxair Surface Technologies, Lincotek Equipment, GTV Verschleißschutz GmbH, and United Coatings, with the top five companies holding approximately 63.0% market share in 2024 [6]. - Plasma spraying is the dominant product type, accounting for about 31.2% of the market share [9]. - The power generation sector is the largest downstream market, representing approximately 18.0% of demand [11]. Market Drivers - Industrial development demands: Thermal spray equipment enhances the performance and lifespan of aerospace engine components and improves the reliability and durability of automotive parts [15]. - Technological advantages: The equipment can spray on various substrates, ensuring high precision and uniformity in coatings, which can be tailored for specific applications [15]. - Environmental policy promotion: As traditional surface treatment processes face restrictions due to pollution, thermal spray technology emerges as a greener alternative [15]. - Emerging field developments: In renewable energy sectors, thermal spray equipment protects critical components from corrosion and wear, extending their lifespan [15]. Market Challenges - Cost constraints: The high price of equipment and operational costs due to the need for specialized machinery limit adoption, especially among small and medium enterprises [16]. - High technical requirements: Skilled personnel are necessary for operation, but there is a shortage of qualified technicians in the market [16]. - Environmental impact: The thermal spraying process generates smoke and dust, necessitating investment in environmental compliance, which increases production costs [16]. - Intense industry competition: Numerous companies are entering the thermal spray equipment market, leading to price reductions and compressed profit margins [16].
全球热喷涂设备市场前10强生产商排名及市场占有率
QYResearch·2025-05-08 09:45