Market Overview:
Shot peening is a surface treatment process that uses small spherical media to produce a compressive residual stress layer on the surface of a component. The shot peening process can be used to improve the fatigue life and corrosion resistance of components. It can also be used to increase the dimensional stability and remove machining marks from components. The global shot peening & shot blasting machines market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market is mainly driven by the increasing demand for lightweight and durable components in automotive, aerospace, shipbuilding, and other industries. Additionally, rising investments in infrastructure development projects are also contributing to the growth of this market.
Product Definition:
Shot peening is a cold working process that uses projectiles (shot) to produce a compressive residual stress field in the surface of a component. The shot is typically propelled by an air blast or centrifugal force. The primary benefit of shot peening is to increase the fatigue life of components subjected to cyclic loading. Shot blasting is a similar process that uses larger particles, such as grit or steel balls, to remove surface contaminants and produce a roughened finish.
Automatic:
Automatic is a tool that performs tasks without the need for operator intervention. It can be used in various applications such as peening and blasting of shots, nuts, bolts and screws. The automatic tools are available in two types namely programmable or semi-automatic and fully automatic.
Semi-automatic:
Semi-automatic is a mechanical device used to load and unload the work piece in an industrial process. It is also known as automatic or motor driven machine. The working principle of semi-automatic machines depends on two key factors, namely, force and position.
Application Insights:
The automotive application segment led the global shot peening & shot blasting machines market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars and commercial vehicles, especially in China, India, South Korea and Japan. Moreover, stringent regulations for vehicle safety are encouraging manufacturers to adopt advanced manufacturing technologies such as cold-forming steel that help reduce weight and increase fuel efficiency without compromising with strength or durability required by the law. This is expected to boost demand forshot blasted parts across various applications including engine block/bodies/heads/lowers; transmission cases; suspension components; body panels; door modules etc., over the coming years.
Aerospace application segment accounted for a significant share in 2017 owingto growing aerospace industry particularly in countries like China Indonesia Russia UZBEKISTAN etc.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for shot peening and shot blasting machines from the automotive, aerospace, and shipbuilding industries. In addition, growing use of these machines for protection against corrosion in pipelines is anticipated to drive the regional market over the forecast period.
In Europe, Shot Peening & Shot Blasting Machines Market by Application was dominated by automotive industry with more than 35% share of total revenue in 2017 owing to high production volume of vehicles each year within this sector. Also notable rise in demand from countries such as Germany (more than 30%) and France (more than 25%) are contributing towards overall growth within this region.
Asia Pacific accounted for more than 20% share of global revenue due to rising product adoption across various end-use industries such as aerospace & defense.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Growing popularity of shot peening as a surface treatment method
- Rising investments in research and development activities for advanced shot peening technologies
- Proliferation of automated machines that offer high productivity and precision results
- Increasing number of OEMs adopting shot peening as a preferred manufacturing process
Scope Of The Report
Report Attributes
Report Details
Report Title
Shot Peening & Shot Blasting Machines Market Research Report
By Type
Automatic, Semi-automatic
By Application
Automotive, Aerospace, Shipbuilding, Foundry, Others
By Companies
Wheelabrator, Rosler, Sinto, Pangborn, Agtos, Goff, Siapro, Kaitai, Qingdao Zhuji, Qingdao Huanghe, longfa, Ruida, Fengte, Taiyuan, Surfex, Qinggong Machine
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Shot Peening & Shot Blasting Machines Market Report Segments:
The global Shot Peening & Shot Blasting Machines market is segmented on the basis of:
Types
Automatic, Semi-automatic
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, Aerospace, Shipbuilding, Foundry, 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
- Siapro
- Kaitai
- Qingdao Zhuji
- Qingdao Huanghe
- longfa
- Ruida
- Fengte
- Taiyuan
- Surfex
- Qinggong Machine
Highlights of The Shot Peening & Shot Blasting Machines 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:
- Automatic
- Semi-automatic
- By Application:
- Automotive
- Aerospace
- Shipbuilding
- Foundry
- 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 Shot Peening & Shot Blasting Machines 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Shot peening is a process of increasing the hardness of metal by heating it to a very high temperature and then rapidly cooling it. The shot is made up of small, hard pellets that are forced into the surface of the metal by a powerful explosion. This process can be used to increase the hardness, wear resistance, and corrosion resistance of metals. Shot blasting is similar to shot peening in that it uses high-pressure air and small pellets to blast away at surfaces. However, shot blasting also uses an abrasive material called slag which helps remove material from the surface being blasted.
Some of the key players operating in the shot peening & shot blasting machines market are Wheelabrator, Rosler, Sinto, Pangborn, Agtos, Goff, Siapro, Kaitai, Qingdao Zhuji, Qingdao Huanghe, longfa, Ruida, Fengte, Taiyuan, Surfex, Qinggong Machine.
The shot peening & shot blasting machines 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 Shot Peening & Shot Blasting Machines 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 Shot Peening & Shot Blasting Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shot Peening & Shot Blasting Machines 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 Shot Peening & Shot Blasting Machines 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 Shot Peening & Shot Blasting Machines Market Size & Forecast, 2020-2028
4.5.1 Shot Peening & Shot Blasting Machines Market Size and Y-o-Y Growth
4.5.2 Shot Peening & Shot Blasting Machines 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 Automatic
5.2.2 Semi-automatic
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 Aerospace
6.2.3 Shipbuilding
6.2.4 Foundry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shot Peening & Shot Blasting Machines 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 Shot Peening & Shot Blasting Machines 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 Automatic
9.6.2 Semi-automatic
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 Aerospace
9.10.3 Shipbuilding
9.10.4 Foundry
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 Automatic
10.6.2 Semi-automatic
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 Aerospace
10.10.3 Shipbuilding
10.10.4 Foundry
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 Automatic
11.6.2 Semi-automatic
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 Aerospace
11.10.3 Shipbuilding
11.10.4 Foundry
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 Automatic
12.6.2 Semi-automatic
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 Aerospace
12.10.3 Shipbuilding
12.10.4 Foundry
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 Automatic
13.6.2 Semi-automatic
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 Aerospace
13.10.3 Shipbuilding
13.10.4 Foundry
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 Shot Peening & Shot Blasting Machines Market: Competitive Dashboard
14.2 Global Shot Peening & Shot Blasting Machines 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 Siapro
14.3.8 Kaitai
14.3.9 Qingdao Zhuji
14.3.10 Qingdao Huanghe
14.3.11 longfa
14.3.12 Ruida
14.3.13 Fengte
14.3.14 Taiyuan
14.3.15 Surfex
14.3.16 Qinggong Machine
