+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Coating Equipment Market by Type (Liquid Coating, Powder Coating, and Specialty Coating), End-use Industry (Automotive & Transportation, Aerospace, Industrial, Building & Infrastructure), and Region - Global Forecast to 2023

  • ID: 4747673
  • Report
  • Region: Global
  • 138 Pages
  • Markets and Markets
1 of 6
In 2017, the Coating Equipment Market Size was USD 19.2 Billion and is Projected to Reach USD 27.7 Billion by 2023, Registering a CAGR of 6.3% Between 2018 and 2023

FEATURED COMPANIES

  • Anest Iwata
  • Carlisle Companies
  • Graco Inc.
  • IHI Corporation
  • J. Wagner GmbH
  • Nordson Corporation
  • MORE

Growing end-use industries are expected to drive the coating equipment market.

The coating equipment market size is estimated to be USD 20.4 billion in 2018 and is projected to reach USD 27.7 billion by 2023, at a CAGR of 6.3%. The market is driven by various factors such as growing end-use industries and need for the replacement for existing coating systems. Availability of low-cost alternatives for some applications is a key factor restraining the coating equipment market.

Powder coating equipment is projected to register the highest CAGR during the forecast period.

The powder coating equipment segment is projected to grow at the fastest rate during the forecast period. Powder coating is generally applied to metal surfaces. In powder coating, the excess material can be reclaimed, which decreases the amount of waste material that goes into the waste stream. Although the use of powder coating equipment requires a large initial investment, the cost of applying powder is less than a liquid system in the long-term.

Powder coating is replacing liquid coating, wherever possible, due to its low-VOC content. The growing powder coating market is driving the demand for coating equipment. The need for large ovens for curing large objects coated with powder coatings is the main restraint to the growth of the powder coating equipment market.

Aerospace industry is projected to the fastest-growing consumer of coating equipment during the forecast period.

The aerospace end-use industry is projected to register the fastest-growth during the forecast period. Coatings in the aerospace industry are used for enhancing the performance and protect components in aircraft. The aerospace industry includes commercial, military, and general aviation segments. Strong growth of the aerospace industry and development of new aerospace coatings are the factors boosting the growth of the coating equipment market in this segment.

APAC is likely to register the highest growth rate during the forecast period.

APAC is projected to be the fastest-growing coating equipment market. The emerging countries in the region are witnessing high population growth and industrial development. Increase in demand for automobiles and growing demand for coatings with better efficiency from end-use industries in the region is driving the coating equipment market.

Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments.

The breakup of primary interviews is given below:

  • By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 –20%
  • By Designation - C level – 35%, Director level – 25%, and Others – 40%
  • By Region - North America – 45%, Europe– 20%, APAC – 30%, RoW-5%.

The leading players in the coating equipment market are Nordson Corp (US), IHI Corp. (Japan), OC Oerlikon  (Switzerland), SATA (Germany), Graco (US), ANEST IWATA (JAPAN), ASAHI Sunac Corp (Japan), J. Wagner (Germany), Carlisle Companies (US), and WIWA Wilhelm Wagner (Germany).

Research Coverage:

This research report categorizes the global coating equipment market on the basis of type, end-use industry, and region. The report includes detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, challenges, and opportunities. Detailed analysis of the key market players provides insights into business overviews, services, key strategies, and recent developments associated with the market.

Key Benefits of Buying the Report

The report will help market leaders/new entrants in this market in the following ways:

1. This report segments the global coating equipment market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.

2. The report will help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand the major competitors and gain insights to enhance their positions in the business. The competitive landscape section includes expansion, mergers & acquisition, agreements, and new product development.

READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Anest Iwata
  • Carlisle Companies
  • Graco Inc.
  • IHI Corporation
  • J. Wagner GmbH
  • Nordson Corporation
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regions Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Market Overview
4.1 Market Dynamics
4.1.1 Drivers
4.1.1.1 Increasing Demand From Growing End-Use Industries
4.1.1.2 Need for Replacement of Existing Coating Systems
4.1.2 Restraints
4.1.2.1 Availability of Low-Cost Alternatives for Some Applications
4.1.3 Opportunities
4.1.3.1 Economic Growth in Emerging Economies
4.1.3.2 Development of New Technology
4.1.4 Challenges
4.1.4.1 Development of Cheaper Equipment for Coatings
4.2 Porter’s Five Force Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of Substitutes
4.2.4 Bargaining Power of Buyers
4.2.5 Intensity of Competitive Rivalry
4.3 Macroeconomic Indicator
4.3.1 Total Vehicle Sales Growth, 2005–2017
4.3.2 Aerospace Industry Trends

5 Coating Equipment Market, By Type
5.1 Introduction
5.2 Liquid Coating Equipment
5.2.1 Availability of Alternatives Such as Brushes and Rollers are Expected to Hamper the Growth of the Liquid Coating Equipment
5.3 Powder Coating Equipment
5.3.1 Better Coating Efficiency and Advantage of Reclamation of Powder Coating are Expected to Boost the Demand for Powder Coating Equipment \Period
5.4 Specialty Coating Equipment
5.4.1 Increasing Demand From End-Use Industries to Drive the Market Demand During the Forecast Period

6 Coating Equipment Market, By End-Use Industry
6.1 Introduction
6.2 Automotive & Transportation
6.2.1 Emerging Trends and New Investment to Drive the Demand for Coating Equipment in Automotive & Transportation Segment
6.3 Aerospace
6.3.1 Technological Innovations and Increasing Penetration of Coatings in the Aircraft Manufacturing to Drive the Demand in This Segment
6.4 Industrial
6.4.1 Increasing Investment and Establishment of New Manufacturing Facilities to Drive the Coating Equipment Market in This Segment
6.5 Building & Infrastructure
6.5.1 Growing Construction Industry to Boost the Demand for Coating Equipment
6.6 Others

7 Coating Equipment Market, By Region
7.1 Introduction
7.2 North America
7.2.1 US
7.2.1.1 Steady Growth in the Automotive and Aerospace Industries is Expected to Drive the US Market
7.2.2 Canada
7.2.2.1 Rising Investment in End-Use Industries is Likely to Drive the Market in Canada
7.2.3 Mexico
7.2.3.1 The Mexican Aerospace Industry is A Major Growth Driver for the Coating Equipment Market
7.3 Europe
7.3.1 Germany
7.3.1.1 Strong Growth of the Automotive and Aerospace Industries is Expected to Drive the Demand for Coating Equipment
7.3.2 France
7.3.2.1 Aerospace Mro, New Investment in Automatic Machinery & Equipment, and the Emergence of Lightweight and Energy Efficient Vehicles are Equipment
7.3.3 Netherlands
7.3.3.1 Changing Trends in the Automotive Industry are Expected to Fuel the Demand for Coating Equipment in the Country
7.3.4 Russia
7.3.4.1 The Recovery of the Automotive Industry is Likely to Drive the Market in Russia
7.3.5 UK
7.3.5.1 Increasing Investment in the Aerospace Industry is Expected to Drive the UK Market
7.3.6 Turkey
7.3.6.1 The Automotive Industry is A Major Driver for the Turkish Coating Equipment Market
7.3.7 Rest of Europe
7.4 APAC
7.4.1 China
7.4.1.1 Growing Investment in the Automotive and Aerospace Industries are Boosting the Growth of the Coating Equipment Market in China
7.4.2 India
7.4.2.1 New Automotive and Aircraft Manufacturing Facilities are Expected to Drive the Demand for Coating Equipment in India
7.4.3 Japan
7.4.3.1 The Establishment of New Automotive Manufacturing Facilities is Likely to Lead to the Coating Equipment Market Growth
7.4.4 South Korea
7.4.4.1 Steady Growth of End-Use Industries is A Governing Factor for the Coating Equipment Market Growth in South Korea
7.4.5 Indonesia
7.4.5.1 Strong Growth of Automotive, Aerospace, and Industrial Segments are Expected to Boost the Market for Coating Equipment
7.4.6 Thailand
7.4.6.1 Strong Growth of the End-Use Industries in Thailand is Expected to Drive the Demand for Coating Equipment
7.4.7 Vietnam
7.4.7.1 Growing Urbanization is Driving the Demand for Coating Equipment From the Building & Infrastructure Industry
7.4.8 Rest of APAC
7.5 Middle East & Africa
7.5.1 Saudi Arabia
7.5.1.1 Investment in End-Use Industries are Expected to Increase the Demand for Coating Equipment in the Country
7.5.2 UAE
7.5.2.1 Growth in Automotive and Aerospace Industries is Likely to Drive the Coating Equipment Market
7.5.3 Rest of Middle East & Africa
7.6 South America
7.6.1 Brazil
7.6.1.1 The Country’s Economic Recovery and Investment in the Automotive Industry are Likely to Propel the Market
7.6.2 Argentina
7.6.2.1 Strategic Alliances in the Aerospace Industry are Expected to Contribute to the Growth of the Coating Equipment Market in the Country
7.6.3 Rest of South America

8 Competitive Landscape
8.1 Overview
8.2 Competitive Scenario
8.2.1 Expansions
8.2.2 Agreements/Collaborations
8.2.3 Mergers & Acquisitions
8.2.4 New Product Launches
8.3 Competitive Leadership Mapping, Coating Equipment Market (2018)
8.3.1 Visionary Leaders
8.3.2 Innovators
8.3.3 Dynamic Differentiators
8.3.4 Emerging Companies

9 Company Profiles
9.1 Nordson Corporation
9.2 IHI Corporation
9.3 OC Oerlikon Corporation AG
9.4 Sata GmbH & Co. Kg
9.5 Graco Inc.
9.6 Anest Iwata
9.7 Asahi Sunac Corporation
9.8 J. Wagner GmbH
9.9 Carlisle Companies
9.10 Wiwa Wilhelm Wagner GmbH
9.11 Tritech Industries, Inc.
9.12 Larius
9.13 Titan Tool
9.14 Ningbo Dino-Power Machinery
9.15 Ingersoll-Rand
9.16 W.I.T. S.R.L.
9.17 Han Shin Painting System
9.18 Exel Industries

10 Appendix
10.1 Discussion Guide
10.2 Available Customizations
10.3 Related Reports
10.4 Author Details

List of Tables (81 Tables)

Table 1 Total Vehicle Sales Growth, 2010–2017 (Million Units)
Table 2 Total Vehicle Sales Growth, 2010–2017 (Million Units)
Table 3 Demand for New Airplanes, By Region, Between 2015–2034
Table 4 Coating Equipment Market Size, By Type, 2016–2023 (USD Million)
Table 5 Liquid Coating Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 6 Powder Coating Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 7 Specialty Coating Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 8 Coating Equipment Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 9 Coating Equipment Market Size in Automotive & Transportation, By Region, 2016–2023 (USD Million)
Table 10 Coating Equipment Market Size in Aerospace, By Region, 2016–2023 (USD Million)
Table 11 Coating Equipment Market Size in Industrial, By Region, 2016–2023 (USD Million)
Table 12 Coating Equipment Market Size in Building & Construction, By Region, 2016–2023 (USD Million)
Table 13 Coating Equipment Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 14 Coating Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 15 North America: By Market Size, By Country, 2016–2023 (USD Million)
Table 16 North America: By Market Size, By Type, 2016–2023 (USD Million)
Table 17 North America: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 18 US: By Market Size, By Type, 2016–2023 (USD Million)
Table 19 US: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 20 Canada: By Market Size, By Type, 2016–2023 (USD Million)
Table 21 Canada: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 22 Mexico: By Market Size, By Type, 2016–2023 (USD Million)
Table 23 Mexico: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 24 Europe: By Market Size, By Country, 2016–2023 (USD Million)
Table 25 Europe: By Market Size, By Type, 2016–2023 (USD Million)
Table 26 Europe: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 27 Germany: By Market Size, By Type, 2016–2023 (USD Million)
Table 28 Germany: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 29 France: By Market Size, By Type, 2016–2023 (USD Million)
Table 30 France: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 31 Netherlands: By Market Size, By Type, 2016–2023 (USD Million)
Table 32 Netherlands: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 33 Russia: By Market Size, By Type, 2016–2023 (USD Million)
Table 34 Russia: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 35 UK: By Market Size, By Type, 2016–2023 (USD Million)
Table 36 UK: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 37 Turkey: By Market Size, By Type, 2016–2023 (USD Million)
Table 38 Turkey: By Market Size, By End-Use Industry, 2016–2023, (USD Million)
Table 39 Rest of Europe: By Market Size, By Type, 2016–2023 (USD Million)
Table 40 Rest of Europe: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 41 APAC: By Market Size, By Country, 2016–2023 (USD Million)
Table 42 APAC: By Market Size, By Type, 2016–2023 (USD Million)
Table 43 APAC: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 44 China: By Market Size, By Type, 2016–2023 (USD Million)
Table 45 China: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 46 India: By Market Size, By Type, 2016–2023 (USD Million)
Table 47 India: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 48 Japan: By Market Size, By Type, 2016–2023 (USD Million)
Table 49 Japan: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 50 South Korea: By Market Size, By Type, 2016–2023 (USD Million)
Table 51 South Korea: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 52 Indonesia: By Market Size, By Type, 2016–2023 (USD Million)
Table 53 Indonesia: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 Thailand: By Market Size, By Type, 2016–2023 (USD Million)
Table 55 Thailand: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 56 Vietnam: By Market Size, By Type, 2016–2023 (USD Million)
Table 57 Vietnam: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 58 Rest of APAC: By Market Size, By Type, 2016–2023 (USD Million)
Table 59 Rest of APAC: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 60 Middle East & Africa: By Market Size, By Country, 2016–2023 (USD Million)
Table 61 Middle East & Africa: By Market Size, By Type, 2016–2023 (USD Million)
Table 62 Middle East & Africa: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 63 Saudi Arabia: By Market Size, By Type, 2016–2023 (USD Million)
Table 64 Saudi Arabia: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 UAE: By Market Size, By Type, 2016–2023 (USD Million)
Table 66 UAE: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 67 Rest of Middle East & Africa: By Market Size, By Type, 2016–2023 (USD Million)
Table 68 Rest of Middle East & Africa: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 69 South America: By Market Size, By Country, 2016–2023 (USD Million)
Table 70 South America: By Market Size, By Type, 2016–2023 (USD Million)
Table 71 South America: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 72 Brazil: By Market Size, By Type, 2016–2023 (USD Million)
Table 73 Brazil: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 74 Argentina: By Market Size, By Type, 2016–2023 (USD Million)
Table 75 Argentina: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 76 Rest of South America: By Market Size, By Type, 2016–2023 (USD Million)
Table 77 Rest of South America: By Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 78 Expansions, 2014–2018
Table 79 Agreements/Collaborations, 2014–2018
Table 80 Mergers & Acquistions, 2014–2018
Table 81 New Product Launches, 2014–2018

List of Figures (33 Figures)

Figure 1 Coating Equipment Market Segmentation
Figure 2 Coating Equipment Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Data Triangulation: Coating Equipment Market
Figure 6 Specialty Coating Equipment Accounts for Largest Share of Overall Market
Figure 7 Industrial Segment to Lead Overall Coating Equipment Market Between 2017 and 2023
Figure 8 APAC to Be the Fastest-Growing Market During Forecast Period
Figure 9 Coating Equipment Market: Drivers, Restraints, Opportunities,And Challenges
Figure 10 Porter’s Five Forces Analysis
Figure 11 Specialty Coating Equipment Accounted for Largest Share of Overall Coating Equipment Market in 2017
Figure 12 Automotive Segment Accounted for Largest Share of Overall Coating Equipment Market, 2017 (USD Million)
Figure 13 Regional Snapshot: Rapidly Growing Markets are Emerging as New Hotspots
Figure 14 North America: Coating Equipment Market Snapshot
Figure 15 Europe: Coating Equipment Market Snapshot
Figure 16 APAC: Coating Equipment Market Snapshot
Figure 17 Companies Adopted Expansion as the Key Growth Strategy Between 2014 and 2018
Figure 18 Market Evaluation Framework
Figure 19 Global Coating Equipment Market- Competitive Leadership Mapping, (2018)
Figure 20 Nordson Corporation: Company Snapshot
Figure 21 Nordson Corporation: SWOT Analysis
Figure 22 IHI Corporation: Company Snapshot
Figure 23 IHI Corporation: SWOT Analysis
Figure 24 OC Oerlikon Corporation AG: Company Snapshot
Figure 25 OC Oerlikon Corporation AG: SWOT Analysis
Figure 26 Sata GmbH & Co. Kg: SWOT Analysis
Figure 27 Graco Inc.: Company Snapshot
Figure 28 Graco & Co. Kg: SWOT Analysis
Figure 29 Anest Iwata: Company Snapshot
Figure 30 Carlisle Companies: Company Snapshot
Figure 31 Carlisle Companies: SWOT Analysis
Figure 32 Ingersoll-Rand: Company Snapshot
Figure 33 Exel Industries: Company Snapshot

Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6
5 of 6
  • Anest Iwata
  • Asahi Sunac Corporation
  • Carlisle Companies
  • Exel Industries
  • Graco Inc.
  • Han Shin Painting System
  • IHI Corporation
  • Ingersoll-Rand
  • J. Wagner GmbH
  • Larius
  • Ningbo Dino-Power Machinery
  • Nordson Corporation
  • OC Oerlikon Corporation AG
  • Sata GmbH & Co. Kg
  • Titan Tool
  • Tritech Industries, Inc.
  • W.I.T. S.R.L.
  • Wiwa Wilhelm Wagner GmbH
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Order Online - visit: https://www.researchandmarkets.com/reports/4747673
Adroll
adroll