Market revenue in 2024 | USD 248.1 million |
Market revenue in 2030 | USD 375.6 million |
Growth rate | 7.2% (CAGR from 2024 to 2030) |
Largest segment | Aluminum |
Fastest growing segment | Titanium |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 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 30.63% in 2024. Horizon Databook has segmented the Europe cold spray technology market based on nickel, copper, aluminum, titanium, magnesium covering the revenue growth of each sub-segment from 2018 to 2030.
Europe represents the second-largest market for cold spray technology globally owing to the presence of modern infrastructure and facilities, increased research & development activities, and the availability of a highly qualified workforce. The recent development of cold spray applications for repair and additive manufacturing of various components in different fields including biomedical, aerospace, electronics, energy, and semiconductor is projected to drive the market over the forecast period.
Rising need for lightweight materials, owing to several EU regulations for low CO2 emissions and better fuel efficiency, has augmented the demand for advanced materials such as high-performance polymer and nanostructured material in automotive industry.
Cold spray technology is used to coat or repair various components of automotive, such as gearboxes, engine parts, brake discs, bearings, exhaust systems, and turbochargers, for protecting the parts against wear, corrosion, fretting, and erosion. The rising demand for lightweight and high-performance materials in automotive industry is expected to drive the demand for cold spray coating technology over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cold spray technology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cold spray technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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