India Cold Spray Technology Market Size & Outlook
India cold spray technology market, 2018-2030 (US$M)
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India cold spray technology market highlights
- The India cold spray technology market generated a revenue of USD 29.8 million in 2024 and is expected to reach USD 47.9 million by 2030.
- The India market is expected to grow at a CAGR of 8.2% from 2025 to 2030.
- In terms of segment, aluminum was the largest revenue generating material in 2024.
- Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
Cold spray technology market data book summary
| Market revenue in 2024 | USD 29.8 million |
| Market revenue in 2030 | USD 47.9 million |
| Growth rate | 8.2% (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 |
Other key industry trends
- In terms of revenue, India accounted for 2.8% of the global cold spray technology market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cold spray technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47.9 million by 2030.
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Cold Spray Technology Market Scope
Cold Spray Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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India cold spray technology market outlook
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 31.21% in 2024. Horizon Databook has segmented the India 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 India, the usage of cold spray technology in the utility sector has been growing due to its potential benefits.
The automotive industry in India is expected to witness significant growth in the coming years owing to the increasing middle-class population, improving standard of living of the masses, and growing interest of companies in exploring developing markets. Moreover, the Government of India aims to promote the adoption of electric vehicles in the country through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) Scheme.
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Our clientele includes a mix of cold spray technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India cold spray technology market , including forecasts for subscribers. This country databook contains high-level insights into India cold spray technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India cold spray technology market size, by material, 2018-2030 (US$M)
India Cold Spray Technology Market Outlook Share, 2024 & 2030 (US$M)
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