Market Overview:
The global robot polishing automatic 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 high-quality products and the growing adoption of robots in various industries. Based on type, the robot polishing automatic machine market can be segmented into robot polishing automatic machines with polishing tools and robot polishing automatic machines with workpieces. The former type is expected to account for a larger share of the global market than the latter type during the forecast period. This can be attributed to factors such as ease of use and higher accuracy offered by these machines when compared with manual labor. Based on application, the global robot polishing automatic machine market can be segmented into automotive, electronics, hardware & tool, household products, and others (including medical devices and aerospace). The automotive sector is expected to account for a major share of this market during the forecast period owing to rising demand from countries such as China and India for high-quality automobiles.
Product Definition:
A robot polishing automatic machine is a device that uses robotics to automatically polish objects. The importance of a robot polishing automatic machine is that it can automate the process of polishing, which can be time consuming and difficult.
Robot Polishing Automatic Machine with Polishing Tools:
The global robot polishing automatic machine with polishing tools market size was valued at USD 5.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for high-quality products, especially from automotive manufacturers across the globe as they are facing severe competition from China owing to their inability to meet quality standards set by consumers there.
Robot Polishing Automatic Machine with Workpiece:
Robotic polishing machine is used for surface finishing of workpieces by moving robot with attached tooling. It's main applications are in automotive, aerospace and defense industries. In robotic polishing machine, workpiece is held between two or more rotating grinding wheels where as the wheel with attached tooling performs little movements which are called as cycles and polish the surface of workpiece by performing various movements like oscillating movement, circular movement etc.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. Robot polishing automatic machines are used to produce high-quality surfaces that are required for manufacturing complex parts with smooth contours. The use of robot polishing automatic machines helps reduce human errors during production as these machines work 24/7 and ensure better precision, consistency, quality, and productivity.
Automotive manufacturers such as Tesla have been using robot polishing systems to achieve higher standards of finish on car bodies while reducing costs associated with human labor. In addition, rising demand for aesthetically appealing cars has led some automobile manufacturers toward adopting robotic solutions due to their ability to provide consistent precision at a lower cost than humans can do by hand alone. These advantages are expected drive the demand further in near future.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries, such as electronics, automotive, and others. Robust manufacturing base of electronic products in China owing to low labor cost is one of the primary reasons for high demand from polishing machine manufacturers in China.
The Asia Pacific has witnessed a significant increase in investments from multinational companies for setting up their manufacturing facilities across countries like India, Vietnam, Thailand etc., which will boost product demand over the next eight years. For instance; In January 2018; Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to invest around USD X billion by 2021 on expanding its Fab 12 plant located at Hwaseong city South Korea with an annual capacity equivalent to that of Samsung’s 14-nanometer chip production line currently operating at Samsung’s foundry facility near Seoul.
Growth Factors:
- Increasing demand for high-quality products: The need for high-quality products has been increasing over the years, which is driving the demand for robot polishing automatic machines.
- Growing automotive industry: The global automotive industry is growing at a rapid pace, which is fueling the demand for robot polishing automatic machines.
- Rising industrial automation: Industrial automation is growing at a fast pace, which is leading to an increase in the demand for robot polishing automatic machines.
- Technological advancements: Robot polishing automatic machines are becoming more advanced with each passing day, owing to technological advancements. This is propelling their adoption across various industries and applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Robot Polishing Automatic Machine Market Research Report
By Type
Robot Polishing Automatic Machine with Polishing Tools, Robot Polishing Automatic Machine with Workpiece
By Application
Automotive, Electronics, Hardware & Tool, Household Products, Others
By Companies
LXD Robotics, Acme Manufacturing, SHL, Fastems, AV＆R, Logen Robot, DANBACH ROBOT, MEPSA, Wenzhou Kingstone, Intec, STRECON, Setpoint Systems, 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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Robot Polishing Automatic Machine Market Report Segments:
The global Robot Polishing Automatic Machine market is segmented on the basis of:
Types
Robot Polishing Automatic Machine with Polishing Tools, Robot Polishing Automatic Machine with Workpiece
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
- Fastems
- AV＆R
- Logen Robot
- DANBACH ROBOT
- MEPSA
- Wenzhou Kingstone
- Intec
- STRECON
- Setpoint Systems
- Changjiang Industry
- Grind Master
Highlights of The Robot Polishing Automatic 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:
- Robot Polishing Automatic Machine with Polishing Tools
- Robot Polishing Automatic Machine with Workpiece
- 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 Robot Polishing Automatic 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?
Robot polishing automatic machine is a type of industrial robot that is used for the purpose of polishing or finishing surfaces. It typically has a number of small, sharpened steel balls that it uses to polish or finish the surface.
Some of the key players operating in the robot polishing automatic machine market are LXD Robotics, Acme Manufacturing, SHL, Fastems, AV＆R, Logen Robot, DANBACH ROBOT, MEPSA, Wenzhou Kingstone, Intec, STRECON, Setpoint Systems, Changjiang Industry, Grind Master.
The robot polishing automatic machine market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Robot Polishing Automatic 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 Robot Polishing Automatic Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Robot Polishing Automatic 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 Robot Polishing Automatic 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 Robot Polishing Automatic Machine Market Size & Forecast, 2020-2028
4.5.1 Robot Polishing Automatic Machine Market Size and Y-o-Y Growth
4.5.2 Robot Polishing Automatic Machine Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Robot Polishing Automatic Machine with Polishing Tools
5.2.2 Robot Polishing Automatic Machine with Workpiece
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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 Robot Polishing Automatic 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 Robot Polishing Automatic 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Robot Polishing Automatic Machine with Polishing Tools
9.6.2 Robot Polishing Automatic Machine with Workpiece
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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Robot Polishing Automatic Machine with Polishing Tools
10.6.2 Robot Polishing Automatic Machine with Workpiece
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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Robot Polishing Automatic Machine with Polishing Tools
11.6.2 Robot Polishing Automatic Machine with Workpiece
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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Robot Polishing Automatic Machine with Polishing Tools
12.6.2 Robot Polishing Automatic Machine with Workpiece
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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Robot Polishing Automatic Machine with Polishing Tools
13.6.2 Robot Polishing Automatic Machine with Workpiece
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) 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 Robot Polishing Automatic Machine Market: Competitive Dashboard
14.2 Global Robot Polishing Automatic 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 Fastems
14.3.5 AV＆R
14.3.6 Logen Robot
14.3.7 DANBACH ROBOT
14.3.8 MEPSA
14.3.9 Wenzhou Kingstone
14.3.10 Intec
14.3.11 STRECON
14.3.12 Setpoint Systems
14.3.13 Changjiang Industry
14.3.14 Grind Master
