Aerospace Surface Technology Market Introduction and Overview
According to SPER Market Research, the Global Aerospace Surface Technology Market is estimated to reach USD 3.99 billion by 2033 with a CAGR of 4.91%.
The report includes an in-depth analysis of the Global Aerospace Surface Technology Market, including market size and trends, product mix, applications, and supplier analysis. Surface technology encompasses a wide range of techniques and procedures used to modify material surface qualities for better functioning or performance. Coating, shot peening, chemical processing, plating, and other treatments intended to improve hardness, resistance to corrosion, or aesthetics are examples of these procedures. Thin film, layer, or treatment applications can be used in these procedures to modify a material's surface characteristics without significantly altering the material's bulk composition. Through the utilisation of sophisticated surface technologies, producers can attain certain properties in materials, fostering creativity and satisfying the constantly changing needs of contemporary technology and commercial uses.
- October 2021; By acquiring H&W Global Industries, Inc., a well-known supplier of surface treatment services for aerospace and defence goods in the Northeastern United States, Valence Surface Technologies LLC was able to improve its standing and approvals with significant A&D primes.
- April 2022; The majority of the assets of Hohman Plating in Dayton, Ohio, were purchased by the Fort Worth, Texas-based Novaria Group. This allowed Novaria to better serve the aerospace and defence industry by leveraging Hohman's coatings and finishing capabilities.
Market Opportunities and Challenges
Opportunities: The growing need for fuel-efficient vehicles is driving up the use of surface coating technologies and materials in the aerospace industry. Surface technology is used in gas turbine engines, air vessels, insulating tiles, space shuttles, rocket exhaust cones, structural hardware and engine parts. Surface coating technologies help to prolong the components' operational life in harsh environments. The most popular surface technologies in the aerospace and defence industries are plasma transferred arc (PTA) welding, laser cladding, flame spraying, powder welding, high-velocity flame spraying (HVOF), and plasma spraying.
Challenges: Metals, alloys, ceramics, polymers, and composites are all available for use in surface technology. Copper, steel, nickel, and aluminium are used in the production of surface technology. While zirconia yttria, alumina titanium dioxide, pure alumina, and high-velocity oxygen fuel (HVOF) coatings are utilised in a variety of processes, tungsten, chromium, titanium, and nickel carbides are alloys used for surface polishing. A number of factors, such as mining and processing regulations, geopolitical unrest, and environmental conditions, affect how easily accessible these natural materials are.
Market Competitive Landscape
The market for aircraft surface technology is dynamic, with both well-established companies and up-and-coming creatives. The major players in the market are Aalberts Surface Technologies, Curtiss-Wright Surface Technologies, Embee Processing, Lincotec Surface Technologies, Linde Gas & Equipment Incorporation, Nihon Parkerizing Company Limited, Novaria Group, Oerlikon Surface Solutions, Standardaero, Valence Surface Technologies and Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Platform Type, By Process Type
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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Companies Covered | Aalberts Surface Technologies, Curtiss-Wright Surface Technologies, Embee Processing, Lincotec Surface Technologies, Linde Gas & Equipment Incorporation, Nihon Parkerizing Company Limited, Novaria Group, Oerlikon Surface Solutions, Standardaero, Valence Surface Technologies And Others.
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COVID-19 Impact on Global Aerospace Surface Technology Market
Due to the broad anxiety and economic hardship that COVID-19 is causing to people and industries worldwide, it has had a significant influence on the aerospace sector. A significant reduction in revenue has been experienced by several OEM manufacturing companies as a result of production shutdowns, supply chain interruptions, and lockdowns imposed in multiple countries, which have reduced the market for Surface technology. People's salaries have been reduced and jobs have been lost as a result of this serious impact on economic activity across supplier chains. There have been transit network breakdowns, border restrictions, and city lockdowns as a result of the Covid-19 outbreak that has affected several locations.
Key Target Audience:
- Aircraft OEMs (Original Equipment Manufacturers)
- MRO (Maintenance, Repair, and Overhaul) Service Providers
Our in-depth analysis of the Aerospace Surface Technology Market includes the following segments:
By Platform Type: |
Commercial Aircraft
Regional Aircraft
General Aviation
Helicopter
Military Aircraft
UAV
Spacecraft
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By Process Type: |
Thermal Spray Coating
Shot Peening
Paint and Spray Coating
Chemical Processing
Plating
Others
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By Region:
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Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
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Key Topics Covered in the Report:- Global Aerospace Surface Technology Market Size (FY’2024-FY’2033)
- Overview of Global Aerospace Surface Technology Market
- Segmentation of Global Aerospace Surface Technology Market By Platform Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, UAV, Spacecraft)
- Segmentation of Global Aerospace Surface Technology Market By Process Type (Thermal Spray Coating, Shot Peening, Paint and Spray Coating, Chemical Processing, Plating, Others)
- Statistical Snap of Global Aerospace Surface Technology Market
- Expansion Analysis of Global Aerospace Surface Technology Market
- Problems and Obstacles in Global Aerospace Surface Technology Market
- Competitive Landscape in the Global Aerospace Surface Technology Market
- Impact of COVID-19 and Demonetization on Global Aerospace Surface Technology Market
- Details on Current Investment in Global Aerospace Surface Technology Market
- Competitive Analysis of Global Aerospace Surface Technology Market
- Prominent Players in the Global Aerospace Surface Technology Market
- SWOT Analysis of Global Aerospace Surface Technology Market
- Global Aerospace Surface Technology Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Aerospace Surface Technology Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Aerospace Surface Technology Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Surface Technology Market
7. Global Aerospace Surface Technology Market, By Platform Type (USD Million) 2020-2033
7.1. Global Aerospace Surface Technology Market Size, Share and Forecast, By Platform Type, 2020-2026
7.2. Global Aerospace Surface Technology Market Size, Share and Forecast, By Platform Type, 2027-2033
7.3. Commercial Aircraft
7.4. Regional Aircraft
7.5. General Aviation
7.6. Helicopter
7.7. Military Aircraft
7.8. UAV
7.9. Spacecraft
8. Global Aerospace Surface Technology Market, By Process Type (USD Million) 2020-2033
8.1. Global Aerospace Surface Technology Market Size, Share and Forecast, By Process Type, 2020-2026
8.2. Global Aerospace Surface Technology Market Size, Share and Forecast, By Process Type, 2027-2033
8.3. Thermal Spray Coating
8.4. Shot Peening
8.5. Paint and Spray Coating
8.6. Chemical Processing
8.7. Plating
8.8. Others
9. Global Aerospace Surface Technology Market Forecast, 2020-2033 (USD Million)
9.1. Global Aerospace Surface Technology Market Size and Market Share
10. Global Aerospace Surface Technology Market, By Region, 2020-2033 (USD Million)
10.1. Global Aerospace Surface Technology Market Size and Market Share By Region (2020-2026)
10.2. Global Aerospace Surface Technology Market Size and Market Share By Region (2027-2033)
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France
10.4.2. Germany
10.4.3. Italy
10.4.4. Spain
10.4.5. United Kingdom
10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Qatar
10.5.4. South Africa
10.5.5. Egypt
10.5.6. Morocco
10.5.7. Nigeria
10.5.8. Rest of Middle-East and Africa
10.6. North America
10.6.1. Canada
10.6.2. Mexico
10.6.3. United States
10.7. Latin America
10.7.1. Argentina
10.7.2. Brazil
10.7.3. Rest of Latin America
11. Company Profile
11.1. AALBERTS SURFACE TECHNOLOGIES
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. CURTISS-WRIGHT SURFACE TECHNOLOGIES
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. EMBEE PROCESSING
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. LINCOTEC SURFACE TECHNOLOGIES
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. LINDE GAS & EQUIPMENT INCORPORATION
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. NIHON PARKERIZING COMPANY LIMITED
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. NOVARIA GROUP
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. OERLIKON SURFACE SOLUTIONS
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. STANDARDAERO
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. VALENCE SURFACE TECHNOLOGIES
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links