Global Shot Peening Market Growth 2023-2029

Global Shot Peening Market Growth 2023-2029

Shot peening is a cold working process used to produce a compressive residual stress layer and modify mechanical properties of metals and composites. It entails impacting a surface with shot (round metallic, glass, or ceramic particles) with force sufficient to create plastic deformation.
LPI (LP Information)' newest research report, the “Shot Peening Industry Forecast” looks at past sales and reviews total world Shot Peening sales in 2022, providing a comprehensive analysis by region and market sector of projected Shot Peening sales for 2023 through 2029. With Shot Peening sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shot Peening industry.
This Insight Report provides a comprehensive analysis of the global Shot Peening landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shot Peening portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shot Peening market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shot Peening and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shot Peening.
The global Shot Peening market size is projected to grow from US$ 510.5 million in 2022 to US$ 678.5 million in 2029; it is expected to grow at a CAGR of 678.5 from 2023 to 2029.
Shot peening machines is mainly manufactured and sold by Wheelabrator, Rosler, Agtos, Sinto, Pangborn; and these companies occupied about 64.78% market share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Shot Peening market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Automatic
Semi-automatic
Segmentation by application
Automotive
Aerospace
Shipbuilding
Foundry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wheelabrator
Rosler
Sinto
Pangborn
Agtos
Goff
Surfex
Kaitai
Qingdao Zhuji
Qingdao Huanghe
Qinggong Machine
Fengte
Ruida
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shot Peening market?
What factors are driving Shot Peening market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shot Peening market opportunities vary by end market size?
How does Shot Peening break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.