Aerospace Surface Technology Market Growth, Size, Trends, Demand, Share and Future Outlook
Aerospace Surface Technology Market Size- By Platform Type, By Process Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: May-2024 | Report ID: AERO2417 | Pages: 1 - 211 | Formats*: |
| Category : Aerospace and Defence | |||
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 |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| 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. |
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:
Key Topics Covered in the Report:| By Platform Type: |
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| By Process Type: |
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| By Region: |
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- 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 report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Aerospace Surface Technology Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Aerospace Surface Technology Market Manufacturing Base Distribution, Sales Area, Product Type6.2. 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, 2020-20267.2. Global Aerospace Surface Technology Market Size, Share and Forecast, By Platform Type, 2027-20337.3. Commercial Aircraft7.4. Regional Aircraft7.5. General Aviation7.6. Helicopter7.7. Military Aircraft7.8. UAV7.9. 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, 2020-20268.2. Global Aerospace Surface Technology Market Size, Share and Forecast, By Process Type, 2027-20338.3. Thermal Spray Coating8.4. Shot Peening8.5. Paint and Spray Coating8.6. Chemical Processing8.7. Plating8.8. 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-Pacific10.3.1. Australia10.3.2. China10.3.3. India10.3.4. Japan10.3.5. South Korea10.3.6. Rest of Asia-Pacific10.4. Europe10.4.1. France10.4.2. Germany10.4.3. Italy10.4.4. Spain10.4.5. United Kingdom10.4.6. Rest of Europe10.5. Middle East and Africa10.5.1. Kingdom of Saudi Arabia10.5.2. United Arab Emirates10.5.3. Qatar10.5.4. South Africa10.5.5. Egypt10.5.6. Morocco10.5.7. Nigeria10.5.8. Rest of Middle-East and Africa10.6. North America10.6.1. Canada10.6.2. Mexico10.6.3. United States10.7. Latin America10.7.1. Argentina10.7.2. Brazil10.7.3. Rest of Latin America
11. Company Profile
11.1. AALBERTS SURFACE TECHNOLOGIES11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. CURTISS-WRIGHT SURFACE TECHNOLOGIES11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. EMBEE PROCESSING11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. LINCOTEC SURFACE TECHNOLOGIES11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. LINDE GAS & EQUIPMENT INCORPORATION11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. NIHON PARKERIZING COMPANY LIMITED11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. NOVARIA GROUP11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. OERLIKON SURFACE SOLUTIONS11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. STANDARDAERO11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. VALENCE SURFACE TECHNOLOGIES11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Aerospace Surface Technology Market is projected to reach USD 3.99 billion by 2033, growing at a CAGR of 4.91% during the forecast period.
Aerospace Surface Technology Market size from 2022. The Market is expected to reach USD 3.99 billion by 2033, at a CAGR of 4.91% during the forecast period.
Aerospace Surface Technology Market CAGR of 4.91% during the forecast period.
Aerospace Surface Technology Market Segment is covered By Platform Type, By Process Type.
The North America anticipated to have the highest market share in the Aerospace Surface Technology Market.
"The key players in the market include 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.
"
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.
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Aerospace Surface Technology Market size is 3.99 billion from 2024 to 2033.
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