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Global Spark Plasma Sintering Market by Offering, Application, End Users, Region: A Report by Absolute Markets Insights

Published On 10 Aug 2022 01:04 PM


Optimizing costs and saving time is what drive innovations and same can be said for spark plasma sintering process. Also known as field assisted sintering technique happens to be a process of using high electrical current for heat conductive tooling assembly by applying continuous pressure which is uniaxial that too in very less time and inside of a vacuum chamber. Many factors drive the growth of the global spark plasma sintering market. The use of new varieties of metals, composite materials and ceramics along with rising demand for production of materials at lower costs helps this market grow rampantly.

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The coronavirus pandemic dented the growth of the global spark plasma sintering market. Unavailability of labour, closed market places caused a slump in demand from several industries, ultimately hindering this market’s growth.

Another important factor that helps the global spark plasma sintering market take giant strides on the path of progress is development of thermoelectric generators for automotive application. Also growing defence sector contributes to this market’s growth.

The global spark plasma sintering market is forecasted to grow at a CAGR of 6.8% over the period of next few years, primarily because of increasing application of this process in manufacturing of ceramic and metallic materials.

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By End Users, Military & Defence Segment is Forecasted to Witness Growth at the Fastest Rate for The Global Spark Plasma Sintering Market in 2022

The global situation in regards with security and border conflicts in various countries is at all-time high. Countries are leaving no stone unturned to beef up security and stay fully equipped for any situation. This will help the market progress rapidly.

Asia Pacific Region is Expected to Witness Fastest Growth Over the Forecast Period (2022 – 2030) in the Global Spark Plasma Sintering Market

The region of Asia Pacific has emerged as a global manufacturing hub, courtesy of low production costs in countries like China and India. Various sectors like healthcare, electronics and energy are rampantly growing, ultimately contributing in this market’s growth.

Some of the major players operating in the global spark plasma sintering market are listed below:

  • ELENIX, Inc
  • FCT Systeme GmbH
  • MTI Corporation
  • NJS Co. Ltd
  • Shanghai Gehang Vacuum Technology Co., Ltd
  • Shanghai Haoyue Technology Co., Ltd
  • Thermal Technology LLC
  • Toshniwal
  • Other Market Participants

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Global Spark Plasma Sintering Market Segmentation:

The global spark plasma sintering market has been segmented by offering, application, end user and region which is further classified into respective countries:

Global Spark Plasma Sintering Market Offering Outlook (Revenue, USD Million, 2015 - 2030)

  • Machines
    • Standard Systems
    • Automated Systems
    • Custom Made
  • Services
    • Installation and Commissioning
    • Training
    • Maintenance and Support
    • Others
  • Replacement Parts

Global Spark Plasma Sintering Market Application Outlook (Revenue, USD Million, 2015 - 2030)

  • Electronic Materials
  • Sputtering Target Materials
  • Magnetic Materials
  • Fine Ceramic Materials
  • Functionality Graded Materials
  • Hard Alloy Tool Materials
  • Diamond Tool Materials
  • Biomaterials (Artificial Bones, Dental Materials etc)
  • Porous Materials
  • Others

Global Spark Plasma Sintering Market End Users Outlook (Revenue, USD Million, 2015 - 2030)

  • Academic Institutions & Laboratories
  • Industrial
    • Space & Aeronautics
    • Military & Defence
    • Electronics & Semiconductor
    • Power & Energy
    • Luxury Goods
    • Telecommunication
    • Automotive
    • Manufacturing
    • Healthcare
    • Others

Global Spark Plasma Sintering Market Regional Outlook (Revenue, USD Million, 2015 - 2030)

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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