Cold Plasma Processing Equipment Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Type (Atmospheric Pressure Plasma Jets, Plasma Chambers, Plasma Generators, Coating System, and Others), By Application (Surface Modification and Treatment, Pathogens and Bacteria Treatment, Semiconductor Etching, and Others), By End User (Food and Beverage, Electronics and Semiconductor, Medical and Healthcare, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Cold Plasma Processing Equipment Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Type (Atmospheric Pressure Plasma Jets, Plasma Chambers, Plasma Generators, Coating System, and Others), By Application (Surface Modification and Treatment, Pathogens and Bacteria Treatment, Semiconductor Etching, and Others), By End User (Food and Beverage, Electronics and Semiconductor, Medical and Healthcare, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: March 2024
Report Code: CGNHLS516
Pages: 185

The Global Cold Plasma Processing Equipment Market was valued at USD 98.9 Million in 2022 and is anticipated to reach a value of USD 271.4 Million by 2030 expanding at a CAGR of 14.2% between 2023 and 2030.

Cold plasma processing equipment councils a cutting-edge that revolutionizes the surface treatment, material modifications, and sterilization processes across industries. By the usage of controlled plasma discharge, such equipment provides the efficient and enhanced accurate solutions. Moreover, its ability to sterilize surfaces ensures product safety and integrity in healthcare, automotive, electronics, amongst others. The demand for cold plasma processing continues to grow, owing to increase in investments by the leading companies in the market. These investments enhance the technology adoption in the plasma processing, helping in automation capabilities, real-time monitoring solutions, and enhanced process controls systems that gets integrated and upgrades the operations. In addition, the ongoing research and development activities in the market, which tends to explore new application areas and provide improved process efficacy.

Cold Plasma Processing Equipment Market Major Driving Forces

Non-Thermal Sterilization: These equipment helps in surface activation and adhesion upgradations in adhesive bonding operations. On the other hand, these are used for sterilization of medical device and packaging materials while maintaining the quality and standard of medical products.

Growing Demand Surface Modification: The increasing emphasis on the product quality management, helps in growth for the demand of surface treatment solutions in regards to improve the material property.

Technological Advancements and Upgradations: To take advantage of real time monitoring, advanced control systems, leading companies are increasing investments to incorporate automation in the process.

Cold Plasma Processing Equipment Market Key Opportunities

Eco-Friendly and Sustainable Options: Cold plasma processing methods has major emphasis on sustainability in manufacturing process. This helps in reducing and managing the environment footprints while offering eco-friendly approach to treat surface and sterilize.

Continuous Advancements: The continued advancements in technology provides innovations and development. Owing to the increasing investments by the leading companies in the cold plasma processing equipment, helping in enhancing the possibilities.

Cold Plasma Processing Equipment Market Key Trends

·         Cold plasma processing equipment is noticing and exploring new application areas such as medical, electronics, and automotive.

·         Growth in smart technology results in growth in the demand and usage of semiconductor which is resulting in increased demand of surface treatment solutions.

·         Increasing focus on sustainability and to reduce environmental footprint are gaining traction in the future growth of the market.

·         Advancements in material science and innovations has been helping the market to grow continuously while expanding its capabilities.

Region-wise Market Insights

North America accounted for the largest market share at 37.9% in 2022 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 14.4% between 2023 and 2030.

In North America, the demand is driven by a strong and mature industrial landscape and high investment capabilities. Major companies in the region are potentially growing through innovations, technological upgradations, and other strategic initiatives. In addition, Asia Pacific, tend to be the fastest growing region in the market, as owing to rapid industrializations, increasing investments in industries such as healthcare, and automotive amongst others. Furthermore, Europe stands strong in the position while holding considerable strong position, with the help of increasing demand in industries such as healthcare, aerospace, and automotive. However, high focus on sustainability offers an edge to the market’s growth in the region, resulting in increasing investments in eco-friendly solutions. Moreover, South America and Middle East and Africa are experiencing steady growth with various factors, and initiatives to promote innovation and development in the market.

Market Competition Landscape

The global cold plasma processing equipment market is characterized by high degree of competition among a large number of manufacturers. Key players in the cold plasma processing equipment market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, product quality enhancements, and the incorporation of sustainable and eco-friendly materials to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

Key players in the global cold plasma processing equipment market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Adtec Healthcare Limited

·         Apyx Medical

·         Thierry Corp

·         Acxys

·         Nordson Corporation

·         terraplasma GmbH

·         Europlasma NV

·         P2i Ltd.

·         Plasmatreat

·         Tantec

·         Ferrarini & Benelli Srl

·         Henniker

·         Enercon Industries Corporation

·         SCI Automation Pte Ltd.

·         SOFTAL

Report Attribute/Metric

Details

Market Revenue in 2022

USD 98.9 Million

Market Revenue in 2030

USD 271.4 Million

CAGR (2023 – 2030)

14.2%

Base Year

2022

Forecast Period

2023 – 2030

Historical Data

2018 to 2022

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Type (Atmospheric Pressure Plasma Jets, Plasma Chambers, Plasma Generators, Coating System, and Others)

·   By Application (Surface Modification and Treatment, Pathogens and Bacteria Treatment, Semiconductor Etching, and Others)

·   By End User (Food and Beverage, Electronics and Semiconductor, Medical and Healthcare, and Others)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Adtec Healthcare Limited, Apyx Medical, Thierry Corp, Acxys, Nordson Corporation, terraplasma GmbH, Europlasma NV, P2i Ltd., Plasmatreat, Tantec, Ferrarini & Benelli Srl, Henniker, Enercon Industries Corporation, SCI Automation Pte Ltd., and SOFTAL

Customization & Pricing

Available on Request (10% Customization is Free)

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