Industrial Atomizer Market Share

North American Market Forecast

North America industry is estimated to account for largest revenue share of 32% by 2037. The growth of the market can be attributed majorly to the increasingly rapid industrial growth in the region, especially in the pharmaceutical, aerospace, and automotive industries. Moreover, the growth in the healthcare sector in the region is expected to enhance regional market growth. As per the data by the Center for Medicare & Medicaid Services, the US federal government spending for health care grew by 36% in 2020.

The increasing automotive sector across the world with rising vehicle purchases in the region is estimated to propel the market growth. The increasing advancements in the painting sector to reduce cost and improve finishing quality are estimated to hike the market segment growth.

APAC Market Statistics

The Asia Pacific industrial atomizer market is estimated to be the second largest, registering a share of about 23% by the end of 2037. The growth of the market can be attributed majorly to the rising sales of vehicles in the region, combined with the presence of major automobile manufacturers in the countries, such as China, India, and Japan.

The rising air pollution across the region is estimated to increase the incidence of diseases in the region which include respiratory disorders and is estimated to rise the growth of the industrial atomizer market. The rising agricultural sector in the region with growing demand for food, as the population is growing day by day, is estimated to rise the use of atomizers in the region.