Market Overview:
The global automated shot peening machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automated shot peening machines from various end-use industries, such as aerospace, appliance, automotive, heavy equipment, medical and military/government. In addition, the growing demand for lightweight and fuel-efficient vehicles is also contributing to the growth of the global automated shot peening machine market.
Product Definition:
An automated shot peening machine is a device used to apply a controlled force to the surface of a workpiece, using small spherical media (shot). The media are accelerated by a pulse of high-pressure air or gas, and then travel through a system of nozzles that direct them at the workpiece. This process causes the surface layer of the workpiece to compress and stretch, producing an effect similar to that which is achieved by hammering. Shot peening is often used as an industrial finishing process for improving fatigue strength and wear resistance.
Cut Wire Shot:
Wire shot is a type of peening process used to create round and smooth surface finish on metal parts. It's done by using high speed steel wire which is passed through the part at high pressure, this creates dimples in the surface of the part which eventually get smoothened out due to abrasion. The finished product has better appearance and finish than carbide or ceramic shots.
Glass Bead Shot:
Glass bead shot is a type of ammunition used in peening machines. It's made up of small glass beads and it's used to hit the steel shots with high speed in order to create micro-pulses or showers that are required for surface repair processes. The machine uses this product as a primary source for generating high-pressure streams that propel into the target material at an extremely high rate, which helps in rapidly restoring damaged parts.
Application Insights:
The automotive application segment led the global automated shot peening machine market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for lightweight vehicles, which use steel as a major component owing to its strength and ability to resist deformation. Automotive applications include body panels, fenders, doors, hoods and trunks of vehicles; these parts are exposed to extreme temperatures during summers & winters resulting in wear & tear of the components over time. Shot peening helps in uniform distribution of stress on components thereby improving their long-term performance by reducing weight without compromising with safety requirements imposed by regulatory authorities regarding vehicle structure integrity.
Automated shot peening machines have various other applications including military/government; they are used for repairing or replacing worn out parts on heavy equipment such as trucks, tractors etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several key aircraft manufacturing companies such as Boeing, Airbus, Lockheed Martin Corporation and others. These companies are investing heavily in R&D activities for producing high-quality aircraft parts with low weight & cost. This has led to an increase in demand for automated shot peening machines from these industries.
Europe accounted for a significant share of revenue generated by the global market owing to presence of major automobile manufacturers such as Daimler AG; Mercedes-Benz; BMW Group; Volkswagen Group (VW); Ford Motor Company Europe GmbH & Co.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive production in developing countries
- Rising adoption of advanced shot peening technology
- Proliferation of automated manufacturing processes in the automotive industry
- Growing demand for high-quality and durable components
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Shot Peening Machine Market Research Report
By Type
Cut Wire Shot, Glass Bead Shot, Steel Shot, Ceramic Bead Shot
By Application
Aerospace, Appliance, Automotive, Heavy equipment, Medical, Military/Government, Others
By Companies
Wheelabrator, Rosler, Sinto, Pangborn, Agtos, Goff, STEM, C.M., Kaitai, Qingdao Zhuji, Qingdao Huanghe, Fengte, Ruida
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Automated Shot Peening Machine Market Report Segments:
The global Automated Shot Peening Machine market is segmented on the basis of:
Types
Cut Wire Shot, Glass Bead Shot, Steel Shot, Ceramic Bead Shot
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Appliance, Automotive, Heavy equipment, Medical, Military/Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wheelabrator
- Rosler
- Sinto
- Pangborn
- Agtos
- Goff
- STEM
- C.M.
- Kaitai
- Qingdao Zhuji
- Qingdao Huanghe
- Fengte
- Ruida
Highlights of The Automated Shot Peening Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cut Wire Shot
- Glass Bead Shot
- Steel Shot
- Ceramic Bead Shot
- By Application:
- Aerospace
- Appliance
- Automotive
- Heavy equipment
- Medical
- Military/Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Shot Peening Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated shot peening machine is a device that uses an electric current to remove the outer layer of metal from a piece of metal. This process is used to improve the strength and durability of the metal.
Some of the major players in the automated shot peening machine market are Wheelabrator, Rosler, Sinto, Pangborn, Agtos, Goff, STEM, C.M., Kaitai, Qingdao Zhuji, Qingdao Huanghe, Fengte, Ruida.
The automated shot peening machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Shot Peening Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated Shot Peening Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Shot Peening Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated Shot Peening Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated Shot Peening Machine Market Size & Forecast, 2018-2028
4.5.1 Automated Shot Peening Machine Market Size and Y-o-Y Growth
4.5.2 Automated Shot Peening Machine Market Absolute $ Opportunity
Chapter 5 Global Automated Shot Peening Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automated Shot Peening Machine Market Size Forecast by Type
5.2.1 Cut Wire Shot
5.2.2 Glass Bead Shot
5.2.3 Steel Shot
5.2.4 Ceramic Bead Shot
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automated Shot Peening Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automated Shot Peening Machine Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Appliance
6.2.3 Automotive
6.2.4 Heavy equipment
6.2.5 Medical
6.2.6 Military/Government
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Shot Peening Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Shot Peening Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automated Shot Peening Machine Analysis and Forecast
9.1 Introduction
9.2 North America Automated Shot Peening Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automated Shot Peening Machine Market Size Forecast by Type
9.6.1 Cut Wire Shot
9.6.2 Glass Bead Shot
9.6.3 Steel Shot
9.6.4 Ceramic Bead Shot
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automated Shot Peening Machine Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Appliance
9.10.3 Automotive
9.10.4 Heavy equipment
9.10.5 Medical
9.10.6 Military/Government
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automated Shot Peening Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Automated Shot Peening Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automated Shot Peening Machine Market Size Forecast by Type
10.6.1 Cut Wire Shot
10.6.2 Glass Bead Shot
10.6.3 Steel Shot
10.6.4 Ceramic Bead Shot
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automated Shot Peening Machine Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Appliance
10.10.3 Automotive
10.10.4 Heavy equipment
10.10.5 Medical
10.10.6 Military/Government
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automated Shot Peening Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automated Shot Peening Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automated Shot Peening Machine Market Size Forecast by Type
11.6.1 Cut Wire Shot
11.6.2 Glass Bead Shot
11.6.3 Steel Shot
11.6.4 Ceramic Bead Shot
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automated Shot Peening Machine Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Appliance
11.10.3 Automotive
11.10.4 Heavy equipment
11.10.5 Medical
11.10.6 Military/Government
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automated Shot Peening Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Automated Shot Peening Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automated Shot Peening Machine Market Size Forecast by Type
12.6.1 Cut Wire Shot
12.6.2 Glass Bead Shot
12.6.3 Steel Shot
12.6.4 Ceramic Bead Shot
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automated Shot Peening Machine Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Appliance
12.10.3 Automotive
12.10.4 Heavy equipment
12.10.5 Medical
12.10.6 Military/Government
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automated Shot Peening Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automated Shot Peening Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automated Shot Peening Machine Market Size Forecast by Type
13.6.1 Cut Wire Shot
13.6.2 Glass Bead Shot
13.6.3 Steel Shot
13.6.4 Ceramic Bead Shot
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automated Shot Peening Machine Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Appliance
13.10.3 Automotive
13.10.4 Heavy equipment
13.10.5 Medical
13.10.6 Military/Government
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Shot Peening Machine Market: Competitive Dashboard
14.2 Global Automated Shot Peening Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wheelabrator
14.3.2 Rosler
14.3.3 Sinto
14.3.4 Pangborn
14.3.5 Agtos
14.3.6 Goff
14.3.7 STEM
14.3.8 C.M.
14.3.9 Kaitai
14.3.10 Qingdao Zhuji
14.3.11 Qingdao Huanghe
14.3.12 Fengte
14.3.13 Ruida
