Coating Equipment Industry The global coating equipment market size is expected to reach USD 25.99 billion by 2030, expanding at a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. The industry is expected to witness significant growth on account of the high application scope coupled with growing consumption from the automotive application. COVID-19...

Coating Equipment Industry The global coating equipment market size was estimated at USD 16.62 billion in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 5.3% from 2022 to 2030. The growing product demand in various applications such as aerospace, automotive, and construction is expected to drive the industry’s growth. The coatings industry endured a serious...

The global coating equipment market was valued at approximately USD 16.62 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. This growth is primarily driven by increasing demand for coating products across a variety of sectors, including aerospace, automotive, and construction. The coatings industry faced significant challenges...

The global coating equipment market was valued at USD 16.62 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. This growth is primarily driven by the increasing demand for coatings in various sectors, including aerospace, automotive, and construction. Coatings play a critical role in enhancing the durability, appearance, and...

The global powder coating equipment market size is anticipated to reach USD 4,329.0 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.0% from 2023 to 2030. The market for powder coatings equipment has experienced significant growth over the past few years as a result of the expansion of the manufacturing and...

The global protective relay market size was valued at USD 3,222.9 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% over the forecast period from 2023 to 2030. As significant investments are channeled into infrastructure projects across various regions, there is a concurrent surge in energy consumption, propelling the popularity of smart grid technologies...