Coating Thickness Gauge Market

Coating Thickness Gauge Market : Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Market Overview

A coating thickness gauge is a crucial quality assurance tool for galvanizing, anodizing and applying a coating to metallic surfaces. It is widely used in material testing, automotive paint inspection and manufacturing quality control applications. A coating thickness gauge can also be used for the measurement of dry film thickness, inspecting insulator layer and the non-magnetic coating on non-ferrous as well as ferrous surfaces. Other functionalities of the coating thickness gauge involve checking and measuring body paint thickness, uniformity of finishes on pre – owned cars, identifying hidden damages, disclosing repainted spots and exposing painting or coating errors.

A coating thickness gauge can be used to assess dry film thicknesses on either magnetic or non-magnetic surfaces such as magnetic steel surfaces and stainless steel or aluminum respectively. The coating thickness gauge relies on the principle of electromagnetic induction for magnetic surfaces, whereas the eddy current principle is used for non-conductive coatings on non-magnetic surfaces. The need of coating thickness gauges has risen over the time for inspecting signs of overspray on various parts of a vehicle, for resales.

Coating Thickness Gauge: Market Drivers and Challenges

Every year billions of used vehicles are sold from various auctions and via the aftermarket division of dealerships. An individual auction usually sells to more than a thousand cars a day. Unlike the automobile industry as a whole, the used – vehicle market has been at a prominent spot over the few years. Rise in competition in the automotive market and the imminent threat of new players in the market has created a change in customer demand for used – vehicles. Besides that, the added quality and the reliability of used cars drives the sales of the used – vehicles market and the coating thickness gauge market as well.

Unlike until years ago, buyers and inspectors of vehicles nowadays assess the cost of a vehicle by assessing the quality of the paint finish and verify the condition of the vehicle matches the reported history of the vehicle. Subtle changes in texture, gloss and color often go unnoticed if the vehicle is not inspected thoroughly.

Also visual inspection techniques are limited in areas with bad weather or if the area is dim lit. Therefore, in recent years, buyers have increased their reliance on digital and electronic coating thickness gauges for quantifiable measurement results. Coating thickness gauges also serves as a preferable tool against older testing methods such as pull – off testers, magnets and a few other electronic devices which only could be used in the case of magnetic surfaces. 

A typical automobile contains various coated parts such as the exhaust system, support systems, engine parts amongst many others, which must be inspected carefully. Coating thickness gauges are important to ensure quality and safety of the vehicle. Improper and irregular coatings on engine surfaces or any complex structure may compromise on lubricity, corrosion resistance, heat management amongst others, leading to the depreciation of the service life of the component. These factors contribute towards the growth of the coating thickness gauge market.The growth of powder coating technologies for durable, long lasting and cost – efficient finishes is also driving the growth of the coating thickness gauge market.

A key decision while purchasing a coating thickness gauge is how accurate the readings of the coating thickness gauges are. Within the range of coating thickness gauges available in the market, the progression from moderately accurately gauges to the top end coating thickness gauges, the more accurate the higher is the cost. Therefore, the high cost is one factor which might hinder the growth of the coating thickness gauge market. Ultrasonic coating thickness gauge, a type of thickness gauge is affecting the sales of the other types due to its non – destructive nature, wide measurement range and easy usability characteristics.

Impact of COVID-19 on Coating Thickness Gauge market

The ongoing crisis caused by COVID-19 pandemic has affected all industry verticals resulting in subdued capital investments, retardation of production rate and supply to end procurers. With households earning lesser money than pre – pandemic situations, and consumers avoiding mass transit for covid -19 safety, the market for used – vehicles is stronger than before. Towards the 2nd and 3rd quarter of 2020, when automakers were forced to close plants, led salespeople to redirect customers towards the used – car inventories and thereby growing the market. Since coating thickness gauges form an essential part in the quality assurance, price valuation and safety of used cars, it has been growing in the pandemic, unlike the entire automotive industry.

Coating Thickness Gauge: Regional Market Outlook

In terms of region, South Asia Pacific and East Asia are identified to be prominent markets to create a significant demand in the Coating Thickness Gauges market. East Asia being the home to multiple automotive manufacturers and consumer of cars, also contributes to the significant demand and share held by the used – vehicles market and subsequently for the coating thickness gauge market. Amongst countries, India is an attractive location due to its large population and lower ratio of person to vehicle.

Moreover, the rising disposable income of people in the south Asia and Pacific region is also increasing, which in turn is driving the market for used – cars and coating thickness gauges as well. Middle East and Africa will also offer lucrative growth opportunities in the future for the coating thickness gauge market, due to its moderate source of income.

Coating Thickness Gauge Market: Which trend / segment to impact more:

Amongst various different types of coating thickness gauges, the ultrasonic thickness gauge is expected to create more incremental opportunities. The ability to non – destructively test the thickness of the coating without affecting the finish is one of the major factors driving the demand of the ultrasonic thickness gauges’ market. Detection of faults and identifying structural integrity to adhere with stringent government regulations regarding product quality and public safety, are some of the factors driving the demand for ultrasonic thickness gauges.

Coating Thickness Gauge Market: Analyst perspective

“The market for coating thickness gauge is witnessing a strong growth trend, attributed to the increasing demand from used – vehicles market. Leading market participants are focusing on compact gauges as well as the integration of digital technologies with thickness gauges to relay data readings. These factors are compelling the adoption of coating thickness gauges.”

Coating Thickness Gauge: Key Market Players

Major market participants in the global Coating Thickness Gaugemarket identified across the value chain include:

The Coating Thickness Gaugeresearch report presents a comprehensive assessment of the Coating Thickness Gaugemarket and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. TheCoating Thickness Gaugeresearch report provides analysis and information according to market segments, such as geographies, application, and industry.

The Coating Thickness Gauge report covers exhaustive analysis on:

  • Coating Thickness Gauge Market Segments
  • Coating Thickness Gauge Market Dynamics
  • Coating Thickness Gauge Market Size
  • Coating Thickness Gauge Supply & Demand
  • Current Trends/Issues/Challenges in theCoating Thickness Gaugemarket
  • Competition & Companies involved in the Coating Thickness Gaugemarket
  • Coating Thickness Gauge Technology
  • Value Chain of market

Coating Thickness Gaugeregional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Coating Thickness Gaugeglobal report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Coating Thickness Gaugereport provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Coating Thickness GaugeReport Highlights:

  • Detailed overview of parent market of the market
  • Changing the market dynamics in the industry
  • In-depth Coating Thickness Gaugemarket segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in Coating Thickness Gauge
  • Coating Thickness Gauge market competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Coating Thickness Gauge: Market Segmentation

On the basis of Process Type:

  • Destructive process
  • Non – Destructive process

On the basis of Substrate Type:

  • Magnetic
  • Non Magnetic

On the basis of Product Type:

  • Eddy Current Coating Thickness gauge
  • Magnetic Coating Thickness gauge
  • Ultrasonic Coating Thickness gauge

On the basis of End User:

  • Paint Manufacturer
  • Paint User
  • Third Party Inspection

Need specific information?

In the news

How Businesses Can Utilize Market Research to Create Reactive, Recession-proof Strategies for Survival

by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights

Our Clients

View Our Reports from Testing Equipment

View Reports

Recommendations

Coating Thickness Gauge Market