Optimizing costs and saving time is what drive innovations and same can be said for spark plasma sintering process. Also known as field assisted sintering technique happens to be a process of using high electrical current for heat conductive tooling assembly by applying continuous pressure which is uniaxial that too in very less time and inside of a vacuum chamber. Many factors drive the growth of the global spark plasma sintering market. The use of new varieties of metals, composite materials and ceramics along with rising demand for production of materials at lower costs helps this market grow rampantly.

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The coronavirus pandemic dented the growth of the global spark plasma sintering market. Unavailability of labour, closed market places caused a slump in demand from several industries, ultimately hindering this market’s growth.

Another important factor that helps the global spark plasma sintering market take giant strides on the path of progress is development of thermoelectric generators for automotive application. Also growing defence sector contributes to this market’s growth.

The global spark plasma sintering market is forecasted to grow at a CAGR of 6.8% over the period of next few years, primarily because of increasing application of this process in manufacturing of ceramic and metallic materials.

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By End Users, Military & Defence Segment is Forecasted to Witness Growth at the Fastest Rate for The Global Spark Plasma Sintering Market in 2022

The global situation in regards with security and border conflicts in various countries is at all-time high. Countries are leaving no stone unturned to beef up security and stay fully equipped for any situation. This will help the market progress rapidly.

Asia Pacific Region is Expected to Witness Fastest Growth Over the Forecast Period (2022 – 2030) in the Global Spark Plasma Sintering Market

The region of Asia Pacific has emerged as a global manufacturing hub, courtesy of low production costs in countries like China and India. Various sectors like healthcare, electronics and energy are rampantly growing, ultimately contributing in this market’s growth.

Some of the major players operating in the global spark plasma sintering market are listed below:

ELENIX, Inc
FCT Systeme GmbH
FUJI ELECTRONIC INDUSTRIAL CO. LTD
MTI Corporation
NJS Co. Ltd
Shanghai Gehang Vacuum Technology Co., Ltd
Shanghai Haoyue Technology Co., Ltd
Thermal Technology LLC
Toshniwal
Other Market Participants
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Global Spark Plasma Sintering Market Segmentation:

The global spark plasma sintering market has been segmented by offering, application, end user and region which is further classified into respective countries:

Global Spark Plasma Sintering Market Offering Outlook (Revenue, USD Million, 2015 - 2030)

Machines
Standard Systems
Automated Systems
Custom Made
Services
Installation and Commissioning
Training
Maintenance and Support
Others
Replacement Parts
Global Spark Plasma Sintering Market Application Outlook (Revenue, USD Million, 2015 - 2030)

Electronic Materials
Sputtering Target Materials
Magnetic Materials
Fine Ceramic Materials
Functionality Graded Materials
Hard Alloy Tool Materials
Diamond Tool Materials
Biomaterials (Artificial Bones, Dental Materials etc)
Porous Materials
Others
Global Spark Plasma Sintering Market End Users Outlook (Revenue, USD Million, 2015 - 2030)

Academic Institutions & Laboratories
Industrial
Space & Aeronautics
Military & Defence
Electronics & Semiconductor
Power & Energy
Luxury Goods
Telecommunication
Automotive
Manufacturing
Healthcare
Others
Global Spark Plasma Sintering Market Regional Outlook (Revenue, USD Million, 2015 - 2030)

North America (U.S., Canada, Mexico, Rest of North America)
Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
Latin America (Brazil, Argentina, Rest of Latin America)
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