Product ID: SQMIG20I2181
Report ID:
SQMIG20I2181 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
94 |
Figures:
76
Based on the region, the Asia Pacific region currently dominates the global vacuum coating equipment market. It is expected that the Asia Pacific vacuum coating equipment market will grow to a value of around US$ 21 billion. Industry statistics are anticipated to be driven by the region's rising demand for electric automobiles. Vacuum coatings are essential for preventing corrosion and other problems to the substrate of electric vehicles and their parts. The expansion of the regional market is being aided by technological improvements. To improve their positions, businesses are developing cutting-edge technology solutions for vacuum coatings. Ture, dairy farms, and liquid metering, particularly in Asia Pacific.
Growing government investment from both developing and established countries is expected to fuel the expansion of the market. By the end of the forecast year, the Middle East and Africa vacuum coating equipment market is anticipated to generate more than US$ 1.1 billion in revenue. Future market growth in MEA is anticipated to be positively impacted by favorable government policies.
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REQUEST FREE CUSTOMIZATIONVacuum Coating Equipment Market size was valued at USD 28.32 billion in 2019 and is poised to grow from USD 31.09 billion in 2023 to USD 63.49 billion by 2031, growing at a CAGR of 9.5% in the forecast period (2024-2031).
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Product ID: SQMIG20I2181