Shot Blasting Machine Market Pegged For Robust Expansion During 2030 December 01, 2021
Shot Blasting Machine: Introduction
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Shot blasting machine is an equipment used to peen (strengthen), polish, or clean any metal surface such as aluminum, cast iron, etc. The shot blasting machine primarily employ two technologies, such as wheel blasting or air blasting, to clean the metal surface. The shot blasting machine is extensively utilized in various sectors, such as automotive, aerospace, rail, shipbuilding, construction, manufacturing, etc., which use metals.
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Shot blasting machines are used in various applications of metal across various industry segments for descaling, matting, sanding, smoothing, edge shaping, rust removal, and de-flashing
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The global shot blasting machine market is projected to expand at a rapid pace during the forecast period, due to an increase in the demand for shot blasting machines from automotive and aerospace sectors
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Global Shot Blasting Machine Market: Dynamics
Global Shot Blasting Machine Market: Key Drivers
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Rise in development of new construction plants and metropolitan areas across different regions is expected to boost the shot blasting machine market during the forecast period
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Shift from manual shot blasting machines to automated shot blasting machines by end-users is anticipated to propel the shot blasting machine market in the next few years
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Increase in industrialization and investment in infrastructure projects by governments of various countries, worldwide, is estimated to fuel the demand for shot blasting machines during the forecast period
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Rise in demand to enhance the longevity & durability of protective surface coats is also anticipated to boost the demand for shot blasting machines in diverse industries during the forecast period
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Expansion of automotive and aerospace sectors across the globe is projected to propel the demand for shot blasting machines in the near future. This is primarily because these sectors are prominent consumers of precision surfaces and components.
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Increase in demand to enhance the quality of a product or finishing of a material among consumers is a major factor that is projected to boost the global shot blasting machine market in the near future
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High cost of shot blasting machines is a key factor that hampers the usage of shot blasting machines, and this factor is estimated to hinder the market during the forecast period
Impact of COVID-19 on the Global Shot Blasting
Machine Market
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Increase in cases of COVID-19 across the globe is resulting in economic slowdown. The impact of COVID-19 is being witnessed in every sector of the economy, including the global manufacturing, metal, and automotive industries. All manufacturing activities in the automotive sector were suspended across the globe during lockdown. Unavailability of raw material due to closure of borders also has a negative impact on the shot blasting machine market. During the COVID-19 pandemic, shutdowns or project delays due to social distancing and closure of manufacturing units is expected to result in a significant decline in total manufacturing and sale of shot blasting machine output for the year, which is estimated to adversely impact the market in the near future.
Asia Paci
½c
to Hold Major Share of Global Shot Blasting
Machine Market
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In terms of region, the global shot blasting machine market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
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Asia Pacific dominated the global shot blasting machine market in 2019, due to the presence of a large number of manufacturing companies in the region. China is a key market in Asia Pacific, due to a rise in the production of metal accessories and products in the country.
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The shot blasting machine market in North America and Europe is projected to expand at a rapid pace during the forecast period. This can be attributed to mass production of automotive products. According to USMCA agreement (United States–Mexico–Canada Agreement), over half of components and parts utilized in an automobile should be manufactured within the States, which in turn is anticipated to drive the shot blasting machines market in the region.
Global Shot Blasting Machine Market: Competition
Landscape
Several local, regional, and international players are active in the global shot blasting machine market. Hence, the market is fairly fragmented, and the bargaining power of suppliers is low. The degree of competition among market players is also high. Rapid technological advancements have led to opportunities in the global shot blasting machine market. Market players are gradually focusing on merger & acquisition activities to develop new products and improve their existing product offerings.
Key Players Operating in Global Shot Blasting Machine
Market:
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Norican Group
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Rösler Oberflächentechnik GmbH
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Pangborn Group
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AGTOS GmbH
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Goff Inc.
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Sintokogio, Ltd.
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SIAPRO
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Shandong Kaitai Shot-blasting Machinery Co., Ltd.
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Graco Inc.
Global Shot Blasting Machine Market: Research Scope
Global Shot Blasting Machine Market, by Technology
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Wheel Blasting
Air Blasting
Global Shot Blasting Machine Market, by Industry
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Automotive
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Aerospace & Defense
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Shipbuilding
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Construction
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Metal working
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Railway
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Others
Alternate Keywords
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Surface Cleaning Machine
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Surface Preparation Machine
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Dust Removal Machine
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