Market Overview:
The global polishing robots market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automation in various industries and rising labor costs. The automotive segment is expected to account for the largest share of the global polishing robots market in 2018, followed by electronics and hardware & tool segments. Asia Pacific is expected to be the fastest-growing region during the forecast period, owing to rising demand from countries such as China and India.
Product Definition:
A polishing robot is a machine that automates the process of polishing objects. The importance of polishing robots lies in their ability to automate a laborious and time consuming task, improving efficiency and throughput.
Robotic Polishing Machine with Polishing Tools:
Robotic Polishing Machine (RPM) with polishing tools is used to polish the surface of metal or plastic parts by using abrasive particles attached to rotating drums. RPM uses a high speed rotation and low pressure technique which gives an excellent finish in less time. The machine consists of programmed microprocessor control system that monitors the work flow and provides real-time feedback about the process parameters such as part position, speed, time remaining etc.
Robotic Polishing Machine with Workpiece:
Robotic Polishing Machine (RPM) with workpiece is used in polishing robots market. It's a tool that helps to polish and buff the surface of workpieces by moving across it in X, Y or Z direction at high speed. RPM works on the principle of abrasives which are mounted on rotating drums. The machine consists of sensors which detect defects on the work piece and then feeds appropriate material for correction using robotic arm as an applicator.
Application Insights:
The global polishing robots market by application is segregated into automotive, electronics, hardware & tool, household products and others. The automotive segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. Automated robotic systems are used for final assembly of vehicles to save human labor cost at automobile manufacturing plants. Moreover, rising demand for high-precision components and components with complex geometries will drive the demand further during future years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. Robust electronics manufacturing base in China, Taiwan, and South Korea is expected to remain a favorable factor for regional growth. In addition, increasing demand for high-quality polishing products from various end-use industries such as automotive and aerospace is anticipated to drive the market further.
The Asia Pacific region was followed by Europe that accounted for over 25% of the overall revenue share in 2017 owing to rising product adoption across several application segments including household products and electronic devices. The Middle East & Africa region is projected to witness significant growth over the forecast period owing to rapid development of infrastructure projects particularly related with oil & gas industry which requires polishing machines with ultra-fine abrasives at very high speeds under severe environmental conditions thus presenting great technological challenges requiring innovative solutions from vendors operating within this industry verticals).
Growth Factors:
- Increasing demand for high-quality products: The global Polishing Robots market is driven by the increasing demand for high-quality products. This is because the use of robots in the polishing process results in a higher quality product with fewer defects.
- Growing automotive industry: The global Polishing Robots market is also driven by the growing automotive industry. This is because the use of robots in polishing helps to improve efficiency and accuracy, which leads to better quality products.
- Rising labor costs: One of the key drivers for the growth of the global Polishing Robots market is rising labor costs, which has led to an increase in demand for automated solutions such as robots.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polishing Robots Market Research Report
By Type
Robotic Polishing Machine with Polishing Tools, Robotic Polishing Machine with Workpiece
By Application
Automotive, Electronics, Hardware & Tool, Household Products
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Polishing Robots Market Report Segments:
The global Polishing Robots market is segmented on the basis of:
Types
Robotic Polishing Machine with Polishing Tools, Robotic Polishing 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
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 Polishing Robots 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:
- Robotic Polishing Machine with Polishing Tools
- Robotic Polishing Machine with Workpiece
- By Application:
- Automotive
- Electronics
- Hardware & Tool
- Household Products
- 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 Polishing Robots 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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- Product & Brand Management
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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?
Polishing robots are machines that use a variety of methods to remove scratches and other imperfections from surfaces. They can be used on metal, plastic, or other materials.
Some of the major players in the polishing robots 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 polishing robots market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polishing Robots Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polishing Robots Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polishing Robots Market - Supply Chain
4.5. Global Polishing Robots Market Forecast
4.5.1. Polishing Robots Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polishing Robots Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polishing Robots Market Absolute $ Opportunity
5. Global Polishing Robots Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polishing Robots Market Size and Volume Forecast by Type
5.3.1. Robotic Polishing Machine with Polishing Tools
5.3.2. Robotic Polishing Machine with Workpiece
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polishing Robots Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polishing Robots Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronics
6.3.3. Hardware & Tool
6.3.4. Household Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polishing Robots Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polishing Robots Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polishing Robots Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polishing Robots Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polishing Robots Demand Share Forecast, 2019-2029
9. North America Polishing Robots Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polishing Robots Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polishing Robots Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronics
9.4.3. Hardware & Tool
9.4.4. Household Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polishing Robots Market Size and Volume Forecast by Type
9.7.1. Robotic Polishing Machine with Polishing Tools
9.7.2. Robotic Polishing Machine with Workpiece
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polishing Robots Demand Share Forecast, 2019-2029
10. Latin America Polishing Robots Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polishing Robots Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polishing Robots Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronics
10.4.3. Hardware & Tool
10.4.4. Household Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polishing Robots Market Size and Volume Forecast by Type
10.7.1. Robotic Polishing Machine with Polishing Tools
10.7.2. Robotic Polishing Machine with Workpiece
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polishing Robots Demand Share Forecast, 2019-2029
11. Europe Polishing Robots Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polishing Robots Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polishing Robots Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronics
11.4.3. Hardware & Tool
11.4.4. Household Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polishing Robots Market Size and Volume Forecast by Type
11.7.1. Robotic Polishing Machine with Polishing Tools
11.7.2. Robotic Polishing Machine with Workpiece
11.8. Basis Point Share (BPS) Analyis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polishing Robots Demand Share, 2019-2029
12. Asia Pacific Polishing Robots Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polishing Robots Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polishing Robots Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronics
12.4.3. Hardware & Tool
12.4.4. Household Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polishing Robots Market Size and Volume Forecast by Type
12.7.1. Robotic Polishing Machine with Polishing Tools
12.7.2. Robotic Polishing Machine with Workpiece
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polishing Robots Demand Share, 2019-2029
13. Middle East & Africa Polishing Robots Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polishing Robots Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polishing Robots Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronics
13.4.3. Hardware & Tool
13.4.4. Household Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polishing Robots Market Size and Volume Forecast by Type
13.7.1. Robotic Polishing Machine with Polishing Tools
13.7.2. Robotic Polishing Machine with Workpiece
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polishing Robots Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Polishing Robots Market: Market Share Analysis
14.2. Polishing Robots Distributors and Customers
14.3. Polishing Robots Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LXD Robotics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Acme Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SHL
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fastems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AV?R
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Logen Robot
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DANBACH ROBOT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MEPSA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wenzhou Kingstone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Intec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STRECON
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Setpoint Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Changjiang Industry
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Grind Master
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
