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Market Overview of Global Spark Plasma Sintering market:
According to our latest research, the global Spark Plasma Sintering market looks promising in the next 5 years. As of 2022, the global Spark Plasma Sintering market was estimated at USD 289.1 million, and it's anticipated to reach USD 746.92 million in 2028, with a CAGR of 17.14% during the forecast years.
Spark Plasma Sintering (SPS) is a sintering technology that compresses and compresses materials to a higher density. The material powder is put into the mold, and the specific sintering power and pressing pressure are applied to the sintered powder using upper and lower die punches and energized electrodes, and highperformance materials are obtained through processes such as electric discharge activation. Spark plasma sintering is a new technology for preparing functional materials. It has distinctive features such as fast heating speed, short sintering time, controllable structure, energy-saving and environmental protection.
Influence of COVID-19 Outbreak on Spark Plasma Sintering Industry Development
The COVID-19 epidemic spread to more than 210 countries and regions around the world in three months, affecting nearly 7 billion people. The coronavirus epidemic has impacted all aspects of human health, economic growth, social development, national security, and international relations. It is a comprehensive challenge. The epidemic has drastically reversed expectations of moderate growth in the world economy in early 2020. After the outbreak, the employment situation in various countries has become more severe. Global investors panic, triggering turmoil in the financial and capital markets. The epidemic has caused huge losses to related industries and international trade. From the perspective of the general background, exports, consumption, and investment are driving the economy. After the outbreak of the epidemic, consumption, exports, and investment have all been affected to some extent. Therefore, the global economic downturn is inevitable.
More than one million lives have been lost to COVID-19 since the start of 2020 and the toll continues to rise. Many more have suffered a serious illness. Close to 90 million people are expected to fall into extreme deprivation this year. Compared with the IMF report released in June, the global economic contraction in 2020 will not be as severe as previously predicted. This revision reflects a better-than-expected economic recovery in the second quarter. Global growth is projected at 5.2 percent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing. This is the worst global recession in decades, despite the huge efforts of governments with the support of fiscal and monetary policies to deal with the economic downturn. But from a long-term perspective, it is expected that the severe recession caused by the pandemic will cause a prolonged economic depression by reducing investment. Should COVID-19 outbreaks persist, should restrictions on movement be extended or reintroduced, or should disruptions to economic activity be prolonged, the recession could be deeper. Businesses might find it hard to service debt, heightened risk aversion could lead to climbing borrowing costs, and bankruptcies and defaults could result in financial crises in many countries. Under such unfavorable circumstances, there will still be a possibility of a global decline in 2021.
Region Overview:
From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Dr. Fritsch is one of the major players operating in the Spark Plasma Sintering market, holding a share of 6.94% in 2021.
Dr. Fritsch company is a technology- and market leader in FAST/SPS machines (Field Assisted Sintering Technique / Spark Plasma Sintering) for industrial applications, as well as for research and development. The company provides FAST/SPS machines and powder handling equipment, such as mixing, granulating and cold pressing. For its customers in the diamond tool industry, it additionally provides first-class brazing, welding and grinding machines, as well as raw materials, such as metal powder and diamonds.
FCT Systeme GmbH manufactures industrial machinery and equipment. Design customized high-temperature equipment for the production of innovative highperformance materials. FCT Systeme GmbH is a leader
Segmentation Overview:
Among different product types, Metal segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Defense segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Spark Plasma Sintering market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Spark Plasma Sintering Market Report:
Market Size Estimates: Spark Plasma Sintering market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Spark Plasma Sintering market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Spark Plasma Sintering market
Segment Market Analysis: Spark Plasma Sintering market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Spark Plasma Sintering market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Spark Plasma Sintering Market: Revenue and sales volume of major countries in each region
Spark Plasma Sintering Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Spark Plasma Sintering market in major regions.
Spark Plasma Sintering Industry Value Chain: Spark Plasma Sintering market raw materials & suppliers, manufacturing process, distributors, downstream customers
Spark Plasma Sintering Industry News, Policies & Regulations
Key players in the global Spark Plasma Sintering market are covered in Chapter 12:
Laboratory Equipment
Shanghai Haoyue Technology
Dr. Fritsch
Sinter Land
Elenix Inc.
Energyn Inc.
EasyFashion Industry
Shanghai Gehang Vacuum Technology
Toshniwal Instruments
Thermal Technology
Fuji Electronic Industrial
FCT Systeme
SINTERMAT
In Chapter 2 and Chapter 15.1, based on types, the Spark Plasma Sintering market from 2018 to 2028 is primarily split into:
Metal
Ceramic
Biomaterial
Others
In Chapter 3 and Chapter 15.2, based on applications, the Spark Plasma Sintering market from 2018 to 2028 covers:
Aerospace
Automotive
Energy
Healthcare
Mechanical/Metallurgical
Defense
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Spark Plasma Sintering market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028