Laboratory Electroplating Equipment Market
The market for Laboratory Electroplating Equipment was estimated at $992 million in 2024; it is anticipated to increase to $1.56 billion by 2030, with projections indicating growth to around $2.27 billion by 2035.
Global Laboratory Electroplating Equipment Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Laboratory Electroplating Equipment industry revenue is expected to be around $1069.1 million in 2025 and expected to showcase growth with 7.8% CAGR between 2025 and 2034. Theindustry'sgrowth mentioned earlier is prompted by factors; notably the increased need for making parts smaller in size and the significant progress in technology along with its broader use across different consumer sectors is playing a pivotal role too. There is an increasing requirement for placing metal onto surfaces at a minuscule scale in fields like electronics and automotive industries as well, as the aerospace sector. Industries are increasingly relying on laboratory electroplating equipment as a component of modern manufacturing processes that significantly impacts product quality and efficiency levels. Manufacturers emphasize sustainability. Reducing hazardous waste production to further highlight the importance of laboratory electroplating equipment, in current practices.
In contrast lab electroplating gear serves a role by adding a delicate metal layer onto a component precisely using top notch functions like accurate control over plating depth and speed as well as chamber settings essential, for various tasks.
Market Key Insights
- The Laboratory Electroplating Equipment market is projected to grow from $991.7 million in 2024 to $2.10 billion in 2034. This represents a CAGR of 7.8%, reflecting rising demand across Microelectronics Manufacturing, Decorative Coatings and Corrosion Protection.
- Techmetals Inc., SIFCO Applied Surface Concepts, Sharretts Plating Company Inc. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Laboratory Electroplating Equipment market and are expected to observe the growth CAGR of 5.1% to 7.5% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 9.0% to 10.8%.
- Transition like Increased Adoption of Automation is expected to add $58 million to the Laboratory Electroplating Equipment market growth by 2030.
- The Laboratory Electroplating Equipment market is set to add $1.1 billion between 2024 and 2034, with manufacturer targeting Chemical Analysis & Electrochemistry Applications projected to gain a larger market share.
- With Rising demand in clinical research, and Laboratory electroplating equipment also finds significant application in the expanding field of nanoscience. advancements in this area necessitate the use of highly accurate equipment for coating substrates at the nanoscale level. this major technological shift creates an increased demand for lab electroplating equipment market share, as these machines permit the precise control of deposition thickness, craftsmanship, and other properties crucial in nanotechnology. booming electronics industry, Laboratory Electroplating Equipment market to expand 112% between 2024 and 2034.