Global Plasma Surface Preparation Machines Market Is $331.39 Million In 2017
Friday, 26 Oct, 2018
Plasma Surface Preparation Machines industry is relatively concentrated, manufacturers are mostly in the Europe and North America. Among them, Europe output volume accounted for more than 43.60% of the total output of global Plasma Surface Preparation Machines in 2016. Nordson MARCH is the world leading manufacturer in global Plasma Surface Preparation Machines market with the market share of 18.66%, in terms of revenue.

Compared to 2015, Plasma Surface Preparation Machines market managed to increase sales by 0.66 percent to 327.81 million USD worldwide in 2016 from 325.65 million USD in 2015. Overall, the Plasma Surface Preparation Machines market performance is positive, despite the weak economic environment. 

The global Plasma Surface Preparation Machines market is expected to reach $375.15 million by 2022 from $331.39 million in 2017, growing at a CAGR of 2.51% from 2017 to 2022. And Europe market is expected to keep being the biggest market with 2578 Units of production in 2022.

With the increasing in production capacity, expected that the Plasma Surface Preparation Machines raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Plasma Surface Preparation Machines.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. 

The average price of Plasma Surface Preparation Machines will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.