Market revenue in 2024 | USD 18.0 million |
Market revenue in 2030 | USD 28.1 million |
Growth rate | 7.7% (CAGR from 2024 to 2030) |
Largest segment | Aluminum |
Fastest growing segment | Titanium |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Nickel, Copper, Aluminum, Titanium, Magnesium |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold spray technology market will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 31.11% in 2024. Horizon Databook has segmented the Australia cold spray technology market based on nickel, copper, aluminum, titanium, magnesium covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for cold spray technology in country is driven by the robust growth of aerospace, utility, and automotive sectors. In aerospace industry cold spray technology has been used for variety of application that includes repair of worn or damaged aircraft components, improvement of the wear and corrosion resistance surfaces, & the development of new coating materials.
In Australia use of cold spray technology in the aerospace sector is supported by several organization, universities, institution, and government agencies such as Australian Civil Aviation Safety Authority (CASA) and Defense Science and Technology Group. Some of the major aircraft manufacturers in the region include BAE systems, Lockheed Martin, Airbus and Boeing. Cold spray technology is increasingly being preferred in for coating and repairing of aircraft components.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia cold spray technology market , including forecasts for subscribers. This country databook contains high-level insights into Australia cold spray technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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