Shot Blasting Machine Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Shot Blasting Machine Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Shot Blasting Machine Market

The Shot Blasting Machine Market size was valued at USD 1.24 billion in 2022 and is projected to grow from USD 1.28 billion in 2023 to USD 1.87 billion by 2030, exhibiting a CAGR of 5.5% during the forecast period of 2024-2032.

The COVID-19 pandemic disrupted international manufacturing and construction sports, leading to a temporary decline in the demand for shot blasting machines. Many industries, which includes automotive, aerospace, and production, halted manufacturing due to deliver chain issues and lockdown regulations. However, the gradual recovery of these sectors in 2021 onward, in particular with infrastructure tasks resuming, revitalized the marketplace. Additionally, improved awareness on automation and refurbishment of old system in industries like shipbuilding has helped stabilize the marketplace publish-pandemic.

A distinguished trend inside the shot blasting system marketplace is the integration of Industry 4.Zero technologies. Smart shot blasting machines prepared with IoT sensors allow predictive upkeep and faraway tracking, enhancing operational efficiency. These innovations lessen downtime and help industries optimize costs by minimizing guide intervention. Companies are more and more adopting computerized machines to enhance productivity and meet the growing call for for remarkable floor finishing in sectors consisting of aerospace and car.

The growing demand for shot blasting machines is pushed through growing infrastructure development and construction sports global. Governments and private entities are making an investment closely in new tasks, especially in rising economies. Shot blasting machines play a essential function in surface practise, ensuring sturdiness and proper adhesion of coatings. Furthermore, the booming automotive industry, which calls for precise surface completing for additives, has also significantly contributed to market boom.

Comprehensive Analysis of Shot Blasting Machine Market

The Shot Blasting Machine Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by machine type, by technology, by mode of operation, by end user. By Machine Type include Tumble Belt, Hanger Type, Roller Conveyor, Spinner Hanger, Table Type Machine. By Technology include Wheel Blasting, Air Blasting, Wet Blasting. By Mode of Operation include Automatic ,Manual. By End-user include Automotive, Aerospace, Foundry ,Construction, Shipbuilding, Rail, Others (Transportation).

The Asia Pacific location lead the Shot Blasting Machine Market share percentage via benefitting a marketplace size of USD 0.45 billion Asia Pacific dominates the market due to rising demand from the automotive and construction sectors.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

September 2023: Rosler Oberflachentechnik GmbH installed a new shot blasting device for Taiyuan Iron and Steel Group Co. Ltd (TISCO) based totally in China. This is a vertical shot blast machine that is 14 meter excessive and has a intensity of two.5 meter. These machines are capable of weighing a maximum of 35 heaps and have a excessive throughput ability and precision capacity.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 5.5% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Machine Type

Tumble Belt

Hanger Type

Roller Conveyor

Spinner Hanger

Table Type Machine

By Technology

Wheel Blasting

Air Blasting

Wet Blasting

By Mode of Operation

Automatic

Manual

By End-user

Automotive

Aerospace

Foundry

Construction

Shipbuilding

Rail

Others (Transportation)

By Region

North America (By Machine Type, Technology, Mode of Operation, End-user, and Country)

U.S. (By Machine Type)

Canada (By Machine Type)

Mexico (By Machine Type)

Europe (By Machine Type, Technology, Mode of Operation, End-user, and Country)

Germany (By Machine Type)

U.K. (By Machine Type)

France (By Machine Type)

Italy (By Machine Type)

Spain (By Machine Type)

Rest of Europe

Asia Pacific (By Machine Type, Technology, Mode of Operation, End-user, and Country)

China (By Machine Type)

Japan (By Machine Type)

India (By Machine Type)

Australia (By Machine Type)

Southeast Asia (By Machine Type)

Rest of Asia Pacific

Middle East & Africa (By Machine Type, Technology, Mode of Operation, End-user, and Country)

GCC (By Machine Type)

South Africa (By Machine Type)

Rest of Middle East & Africa

South America (By Machine Type, Technology, Mode of Operation, End-user, and Country)

Brazil (By Machine Type)

Argentina (By Machine Type)

Rest of South America


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