North America Commercial Metal Plating Equipment Market

North America Commercial Metal Plating Equipment Market Size, Share & Trends Analysis Report By Equipment Types (Electroplating Systems, Anodizing Equipment, Galvanizing Lines, and Others), By End User, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23409 Publication Date: July-2024 Number of Pages: 86
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Market Report Description

The North America Commercial Metal Plating Equipment Market would witness market growth of 3.4% CAGR during the forecast period (2024-2031).

The US market dominated the North America Commercial Metal Plating Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $97,168.1 Thousands by 2031. The Canada market is experiencing a CAGR of 5.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.8% during (2024 - 2031).

North America Commercial Metal Plating Equipment Market

The automotive industry is one of the largest consumers of metal plating equipment. Metal plating is extensively used in the automotive sector to enhance various components' durability and aesthetic appeal. This includes everything from engine parts and transmission components to exterior trims and decorative elements.

Additionally, aesthetic considerations are paramount in the automotive industry. Consumers increasingly demand vehicles with high visual appeal, often achieved through decorative metal plating on parts like grilles, emblems, and interior accents.

The market in North America is experiencing significant growth, particularly due to the expansion of the aerospace sector. The demand for advanced metal plating equipment is driven by various factors specific to different nations within the region. According to the Federal Aviation Administration (FAA), the U.S. aerospace industry will grow significantly over the coming years. The FAA Aerospace Forecast for FY 2025-2044, annual growth for ASM and RPM are forecast to grow at 2.8 percent, while enplanements will grow at a rate of 3.1 percent, driven by economic fundamentals and increased demand for air travel.

Free Valuable Insights: The Commercial Metal Plating Equipment Market is Predict to reach USD 470.3 Million by 2031, at a CAGR of 4.1%

Based on Equipment Types, the market is segmented into Electroplating Systems, Anodizing Equipment, Galvanizing Lines, and Others. Based on End User, the market is segmented into Electronics, Automotive, Aerospace, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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List of Key Companies Profiled

  • Koch, LLC (Koch Enterprises, Inc.)
  • Progalvano S.r.l.
  • SIFCO ASC
  • Chicago Plastic Systems
  • Poliplast Ltd.
  • Sharretts Plating Company
  • Anoplate Corporation
  • Lincoln Industries
  • Arlington Plating Company

North America Commercial Metal Plating Equipment Market Report Segmentation

By Equipment Types

  • Electroplating Systems
  • Anodizing Equipment
  • Galvanizing Lines
  • Others

By End User

  • Electronics
  • Automotive
  • Aerospace
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
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