According to a new market research study on “North America Electroplating Market Forecast to 2027 - COVID-19 Impact and Analysis - By Metal (Gold, Silver, Copper, Nickel and Others), Type (Barrel Plating, Rack Plating, Continuous Plating and Line Plating) and End User Industry (Automotive, Electrical and Electronics, Aerospace and Defense, Medical and Others)”, the market is expected to reach US$ 6,152.42 million by 2027 from US$ 4,369.35 million in 2019; it is estimated to grow at a CAGR of 4.5% from 2020 to 2027.
The electroplating market in North America is segmented into end user industry. Based on end-user industry, the market is segmented into automotive, electrical and electronics, aerospace and defense, medical and others. In 2019, the electrical and electronics segment held the largest share in the North America electroplating market. Electroplating is considered to be one of the significant processes used for production of electronic components in order to increase the life span of electronics along with improving resilience and electrical conductivity, offering resistance over corrosion and boosting the solderability of the component. Rising demand electronic components such as television, washing machine, refrigerators and other consumer electronics products are proliferating the growth of the North America electroplating market. Further, the growth of electronics industry across economies is expected to fuel market growth.
Atotech, Jing Mei Industrial Limited, Klein Plating Works Inc, Precision Plating Company, Sharretts Plating Co., Inc, Summit Corporation of America, and Cherng Yi Hsing Plastic Plating Factory Co., Ltd are among the leading companies in the North America electroplating market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Jing Mei Industrial (USA), Inc. (JMI-USA) announced the installation of injection molding and electroplating capabilities at its new plant in Thailand. Jing Mei Group (JMI), the parent company of JMI-USA, aimed to establish the capabilities online during the first quarter of 2020.
The report Segments the North America Electroplating Market as Follows:
North America Electroplating Market - by Metal
OthersNorth America Electroplating Market - by Type
North America Electroplating Market - by End User Industry
North America Electroplating Market - by Country
Reasons to Buy
The electroplating market in North America is segmented into end user industry. Based on end-user industry, the market is segmented into automotive, electrical and electronics, aerospace and defense, medical and others. In 2019, the electrical and electronics segment held the largest share in the North America electroplating market. Electroplating is considered to be one of the significant processes used for production of electronic components in order to increase the life span of electronics along with improving resilience and electrical conductivity, offering resistance over corrosion and boosting the solderability of the component. Rising demand electronic components such as television, washing machine, refrigerators and other consumer electronics products are proliferating the growth of the North America electroplating market. Further, the growth of electronics industry across economies is expected to fuel market growth.
Atotech, Jing Mei Industrial Limited, Klein Plating Works Inc, Precision Plating Company, Sharretts Plating Co., Inc, Summit Corporation of America, and Cherng Yi Hsing Plastic Plating Factory Co., Ltd are among the leading companies in the North America electroplating market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Jing Mei Industrial (USA), Inc. (JMI-USA) announced the installation of injection molding and electroplating capabilities at its new plant in Thailand. Jing Mei Group (JMI), the parent company of JMI-USA, aimed to establish the capabilities online during the first quarter of 2020.
The report Segments the North America Electroplating Market as Follows:
North America Electroplating Market - by Metal
- Gold
- Silver
- Copper
- Nickel
OthersNorth America Electroplating Market - by Type
- Barrel Plating
- Rack Plating
- Continuous Plating
- Line Plating
North America Electroplating Market - by End User Industry
- Automotive
- Electrical and Electronics
- Aerospace and Defense
- Medical
- Others
North America Electroplating Market - by Country
- US
- Canada
- Mexico
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Electroplating Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America Electroplating Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the electroplating market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
3. Research Methodology
4. Electroplating Market Landscape
5. Electroplating Market - Key Market Dynamics
6. Electroplating- North America Market Analysis
7. Electroplating Market Analysis - by Metal
8. Electroplating Market Analysis - by Type
9. Electroplating Market Analysis - by End User Industry
10. Electroplating Market - Geographic Analysis
11. Impact of COVID-19 Pandemic on North America electroplating market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atotech
- Jing Mei Industrial Limited.
- Klein Plating Works Inc
- Precision Plating Company
- Sharretts Plating Co., Inc.
- Summit Corporation of America
- Cherng Yi Hsing Plastic Plating Factory Co., Ltd
