This market is driven by a number of factors, such as growing thermal spray equipment applications in the aerospace and automotive sectors, the accelerated usage of thermal spray in medical devices, and the reduced technology transfer time, mainly resulting from the increasing reach of thermal spray professional and trade associations.
Thermal spray is a conglomerate of industrial processes that generally includes the propelling of micrometer-sized particles of molten materials or materials that are not fully molten i.e. semi-molten materials to create a protective or decorative coating on the surface of the desired substrate. The Thermal Spray Equipment Market has a great potential of development and growth based on its increased demand by the target audience and the opportunities available to it.
Industrial gas turbines
Energy & power
Oil & Gas
Medical Devices and
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In 2016 witnessed the thermal spray market being dominated by turbine manufacturers. The key factor behind such dominance was the requirement of turbines in the aerospace industry across the globe. Thermal spraying is mainly used as an input in the manufacturing of turbines so as to protect them from high temperatures and corrosion. Since ceramic materials are commendable thermal and electrical insulators and have good oxidation and wear resistance, they are primarily used as turbine components.
The target audience of this market are listed below:
The equipment market has also been segmented on the basis of the material being coated onto the substrate:
The market is divided into the following segments based on geography:
The increased shifting focus towards integrated automated systems, spreading awareness and potential demand from Asia-Pacific, advancements in cold spray process and related technology and the development of cheaper products will offer multiple opportunities for the Global Thermal Spray Equipment Market growth.
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