Coating Thickness Gauge Market - Regional Analysis
North American Market Insights
Coating thickness gauge market in North America region is anticipated to hold the largest revenue share of about 28% by the end of 2035. The market growth can be attributed to continuous advancements in display technology often led to the development of high-resolution panels with pixel densities that demand precise control over layer thickness. Instruments for measuring film thickness play a vital role in ensuring uniformity and consistency in this state-of-the-art display. Besides that, the rise of connected cars and intelligent transportation systems further boosts regional coating thickness gauge market growth. According to reports connected cars are advancing technologically and becoming more powerful, it is estimated that by 2027 around 176 million US drivers will be using connected cars. Additionally, with the increasing demand from the medical sector and significant advancements in semiconductor manufacturing are anticipated to fuel further growth in the regional market.
APAC Market Insights
The Asia Pacific coating thickness gauge market is estimated to the second largest, revenue share of about 21 % by the end of 2035. Asia Pacific is recognized for its diverse environment, encompassing humid and coastal areas where corrosion of car components is a significant concern. And most of Southeastern Asia Pacific being a coastal region, countries like India losses worth USD 110 Billion occur every year due to corrosion in projects across different sectors. To ensure adequate protection, coatings applied to vehicles for corrosion prevention must undergo precise thickness control, highlighting the critical importance of film thickness measurement equipment. As automobile production increases, so does the need for thicker and more durable coatings to protect the vehicles from corrosion. According to the China Association of Automobile Manufacturers (CAAM), vehicle sales and production in China reached 2.556 million and 2,383 million units as of December 2022.
