Cold Plasma Market

Nordson Corporation (U.S.), Bovie Medical Corporation (U.S.), Plasmatreat Gmbh (Germany), P2i Limited (U.K.), and ADTEC Plasma Technology Co. Ltd. (Japan) are some of the prominent companies the global Cold Plasma Market

Although, the global cold plasma market is highly fragmented in nature with the presence of a number of small and medium-sized vendors operating at local and regional levels, Nordson Corporation (U.S.), Bovie Medical Corporation (U.S.), Plasmatreat Gmbh (Germany), P2i Limited (U.K.), and ADTEC Plasma Technology Co. Ltd. (Japan) are some of the prominent players in the cold plasma market. While product innovation remains at the center of the strategic growth initiatives pursued by a majority of the key vendors in the global cold plasma market, players are also focusing on increasing their presence in the high-growth markets through the mode of expansions, strategic marketing and distribution agreements, and acquisitions.

Nordson Corporation is one of the leading companies in the cold plasma market. This is mainly attributed to its broad product portfolio in advanced plasma surface treatment systems for the semiconductor, printed circuit board, life science, LED, and solar/photovoltaic industries. The company focuses on introducing technologically advanced products in the market. In this regard, the company invested USD 46.6 Million on R&D in 2015. Moreover, Nordson focuses on expanding its operating facilities in order to sustain its strong position in the cold plasma market. For instance, in December 2013, Nordson Corporation’s Advanced Technology Systems operation in Taiwan moved to a new facility. The new facility encompasses enhanced engineering, applications, sales, service, and support for its electronics manufacturing customers.

Bovie Medical Corporation designs, develops, and manufactures electrosurgical equipment for large and well known medical device manufacturers. However, due to its major presence in the U.S, the company generates a majority of its revenue from North American operations. The company focuses on strengthening its offerings of advanced electrosurgical generators and disposables, which can be used in diversified niche markets with minimally invasive surgical instruments. In 2015, the company continued the commercialization process for J-Plasma with a multifaceted strategy designed to accelerate its adoption.

Some other leading players in the global cold plasma market include Plasmatreat Gmbh (Germany), P2i Limited (U.K.), and ADTEC Plasma Technology Co. Ltd. (Japan). These companies have well-established sales and distribution networks. They also make significant investments in R&D activities to add innovative technologies and products to their portfolio. With a strong portfolio of cold plasma products and ceaseless efforts to develop innovative products, these companies are likely to grow fast and maintain their strong position in the market in the coming years as well. 

Industry players adopted the strategy of agreements, collaborations, and partnerships, product launches, and expansions as major growth strategies to achieve growth in the global cold plasma market. In order to strengthen their market position and customer base, companies adopted new product launches as a key growth strategy. This strategy also helped companies to garner larger market shares and strengthen their customer base.

Related Reports:

Cold Plasma Market by Industry (Polymer, Textile, Electronics & Semiconductor, Food & Agriculture, Medical), Application (Coating, Adhesion, Finishing, Wound Healing, Decontamination), Regime (Atmospheric, Low-Pressure) - Global Forecast to 2021

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Report Code
MD 5001
Published ON
Feb, 2017
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