Market revenue in 2024 | USD 16.4 million |
Market revenue in 2030 | USD 23.1 million |
Growth rate | 5.9% (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 31.1% in 2024. Horizon Databook has segmented the Saudi Arabia cold spray technology market based on nickel, copper, aluminum, titanium, magnesium covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia has the second-largest oil reserve in the world. The country possesses around 17% of the proven petroleum reserves of the world. The oil & gas sector accounts for around 50% of the country’s GDP, and approximately 70% of the export earnings. The country is home to the largest offshore and onshore oil fields in the world.
The Saudi Arabian Oil Company (Saudi Aramco) continues to identify new fields, expand existing fields, and enhancing production. The growth of oil & gas industry in the country is expected to provide lucrative growth opportunities for cold spray technology over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia cold spray technology market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia cold spray technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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