Market Overview:
The global autonomous polishing machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autonomous polishing machines from various end-use industries, such as automotive, electronics, hardware & tool, and household products. In addition, the growing demand for high-quality finished products is also contributing to the growth of this market.
Product Definition:
An autonomous polishing machine is a robotic device that automatically performs the task of polishing. It is used to achieve a high degree of precision and accuracy in the results. The importance of an autonomous polishing machine lies in its ability to produce consistent results time after time.
Single Polishing Machine:
Single polishing machine is used for finishing of one or more rotating parts in an automotive component. It's major applications are found in gearbox, transmission and engine components. The single polishing machine market is expected to witness significant growth over the forecast period owing to its rising usage in automotive industry as compared to other industries which have manual operations for production process.
Polishing reduces surface energy of a material by creating micro-abrasions, making it smooth.
Dual Polishing Machine:
The dual polishing machine is used for surface finishing of both ferrous and non-ferrous metals. It uses two different types of abrasives, one for polishing the metal and other to remove the scratches from the polishing process. The dual polish machine has a significant demand in automotive industry as it helps in improving an automobile's appearance by removing minor scratches from its body using less material while saving on labor costs & time & also reduces maintenance cost significantly.
Application Insights:
The automotive application segment accounted for the largest market share 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 polishing machines from major players in the automotive industry, such as Ford Motor Company, General Motors Company and Tesla Inc., among others.
Automotive polishing cleanses scratches from metal parts making them glossy which improves their aesthetic appeal and also provides protection against corrosion and oxidation caused by elements like salt water or air pollution particles. Also, it helps improve visibility during night time drives by enhancing light reflection off of a surface thus providing enhanced visibility during day time driving as well as nighttime driving conditions.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for polishing machines in electronics and automotive industries of China, Japan, South Korea, India and Taiwan. Asia Pacific was followed by Europe which accounted for a revenue share of more than 25% in 2017 owing to high product adoption across major countries such as Germany, France and U.K. Moreover, rising investments by companies such as Siemens AG; Leica Microsystems GmbH; Nikon Corporation; Carl Zeiss AG; Panasonic Corporation.; LG Electronics Inc.; Samsung Group Co., Ltd.; Sony Corporation; Volkswagen Group A/S are anticipated to boost the autonomous polishing machine market growth across Europe during the forecast period. North America region is also projected to witness significant growth due its large presence in microelectronics industry that requires highly skilled operators for automated machinery handling operations at smaller scale level production facilities or laboratories throughout U.S.
Growth Factors:
- Increasing demand for high-quality products: The global Autonomous Polishing Machine market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for high-quality products, which has led to an increase in the adoption of autonomous polishing machines.
- Rising investments in R&D: Key players in the market are investing heavily in R&D to develop new and innovative autonomous polishing machines. This is expected to help them gain a competitive edge over other players in the market.
- Growing popularity of automated solutions: The growing popularity of automated solutions is another key factor driving growth in the global Autonomous Polishing Machine market. This can be attributed to various benefits offered by such systems, including improved accuracy and efficiency, among others.
Scope Of The Report
Report Attributes
Report Details
Report Title
Autonomous Polishing Machine Market Research Report
By Type
Single Polishing Machine, Dual Polishing Machine
By Application
Automotive, Electronics, Hardware & Tool, Household Products, Others
By Companies
LXD Robotics, Acme Manufacturing, SHL, Universal Robots, Motoman, ABB, KUKA, Fastems, AV&R, Fanuc, Logen Robot, DANBACH ROBOT, MEPSA, Teradyne, Wenzhou Kingstone, Intec, STRECON, JR Automation, Changjiang Industry, Grind Master
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Autonomous Polishing Machine Market Report Segments:
The global Autonomous Polishing Machine market is segmented on the basis of:
Types
Single Polishing Machine, Dual Polishing Machine
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
Automotive, Electronics, Hardware & Tool, Household Products, 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:
- LXD Robotics
- Acme Manufacturing
- SHL
- Universal Robots
- Motoman
- ABB
- KUKA
- Fastems
- AV&R
- Fanuc
- Logen Robot
- DANBACH ROBOT
- MEPSA
- Teradyne
- Wenzhou Kingstone
- Intec
- STRECON
- JR Automation
- Changjiang Industry
- Grind Master
Highlights of The Autonomous Polishing 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:
- Single Polishing Machine
- Dual Polishing Machine
- By Application:
- Automotive
- Electronics
- Hardware & Tool
- Household Products
- 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 Autonomous Polishing 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
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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 autonomous polishing machine is a type of industrial robot that is designed to polish and clean surfaces. It typically has several moving parts, including a rotating drum or pad, which buffs the surface to be polished.
Some of the key players operating in the autonomous polishing machine market are LXD Robotics, Acme Manufacturing, SHL, Universal Robots, Motoman, ABB, KUKA, Fastems, AV&R, Fanuc, Logen Robot, DANBACH ROBOT, MEPSA, Teradyne, Wenzhou Kingstone, Intec, STRECON, JR Automation, Changjiang Industry, Grind Master.
The autonomous polishing machine market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Autonomous Polishing 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 Autonomous Polishing Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Autonomous Polishing 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 Autonomous Polishing 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 Autonomous Polishing Machine Market Size & Forecast, 2018-2028
4.5.1 Autonomous Polishing Machine Market Size and Y-o-Y Growth
4.5.2 Autonomous Polishing Machine Market Absolute $ Opportunity
Chapter 5 Global Autonomous Polishing 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 Autonomous Polishing Machine Market Size Forecast by Type
5.2.1 Single Polishing Machine
5.2.2 Dual Polishing Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Autonomous Polishing 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 Autonomous Polishing Machine Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electronics
6.2.3 Hardware & Tool
6.2.4 Household Products
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Autonomous Polishing 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 Autonomous Polishing 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 Autonomous Polishing Machine Analysis and Forecast
9.1 Introduction
9.2 North America Autonomous Polishing 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 Autonomous Polishing Machine Market Size Forecast by Type
9.6.1 Single Polishing Machine
9.6.2 Dual Polishing Machine
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 Autonomous Polishing Machine Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electronics
9.10.3 Hardware & Tool
9.10.4 Household Products
9.10.5 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 Autonomous Polishing Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Autonomous Polishing 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 Autonomous Polishing Machine Market Size Forecast by Type
10.6.1 Single Polishing Machine
10.6.2 Dual Polishing Machine
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 Autonomous Polishing Machine Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electronics
10.10.3 Hardware & Tool
10.10.4 Household Products
10.10.5 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 Autonomous Polishing Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Autonomous Polishing 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 Autonomous Polishing Machine Market Size Forecast by Type
11.6.1 Single Polishing Machine
11.6.2 Dual Polishing Machine
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 Autonomous Polishing Machine Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electronics
11.10.3 Hardware & Tool
11.10.4 Household Products
11.10.5 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 Autonomous Polishing Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Autonomous Polishing 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 Autonomous Polishing Machine Market Size Forecast by Type
12.6.1 Single Polishing Machine
12.6.2 Dual Polishing Machine
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 Autonomous Polishing Machine Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electronics
12.10.3 Hardware & Tool
12.10.4 Household Products
12.10.5 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) Autonomous Polishing Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Autonomous Polishing 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) Autonomous Polishing Machine Market Size Forecast by Type
13.6.1 Single Polishing Machine
13.6.2 Dual Polishing Machine
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) Autonomous Polishing Machine Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electronics
13.10.3 Hardware & Tool
13.10.4 Household Products
13.10.5 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 Autonomous Polishing Machine Market: Competitive Dashboard
14.2 Global Autonomous Polishing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LXD Robotics
14.3.2 Acme Manufacturing
14.3.3 SHL
14.3.4 Universal Robots
14.3.5 Motoman
14.3.6 ABB
14.3.7 KUKA
14.3.8 Fastems
14.3.9 AV&R
14.3.10 Fanuc
14.3.11 Logen Robot
14.3.12 DANBACH ROBOT
14.3.13 MEPSA
14.3.14 Teradyne
14.3.15 Wenzhou Kingstone
14.3.16 Intec
14.3.17 STRECON
14.3.18 JR Automation
14.3.19 Changjiang Industry
14.3.20 Grind Master
