Global Shot Blasting Machine Market Growing at a CAGR of 4.2% by 2030
Category : Machinery and Equipment | Published Date : Jun 2024 | Type : Press Release
Shot Blasting Machine Market Definition & Overview :
A Shot Blasting Machine is an equipment used especially for abrasive blasting for preparing & cleaning stone, metal, and other surfaces. It is used for shot peening and cleaning metal parts. Shot blasting machines concentrate metal beads in one area at extremely high speeds to clear materials like rust, paints, and coatings.
Consegic Business Intelligence analyzes that the Global Shot Blasting Machine Market was valued at USD 1,257.60 Million in 2022, and is expected to register a CAGR of 4.2% to reach USD 1,733.26 Million in 2030.
This report comprises Shot Blasting Machine Market Size, Share & Industry Analysis, By Product Type(Wheel Blasting, Air Blasting, and Others), By Mode of Operation(Manual, Automatic, and Semi-Automatic), By End-Use Industry(Automotive, Aerospace, Construction, Marine, Locomotive, and Others), By Region(North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa), and Forecast, 2023-2030.
This report contains detailed information on Shot Blasting Machine Market Trends, Growth Rate, Value, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Opportunities, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
As per the report, the rise in the automotive, aerospace, and construction industries contributes to the shot-blasting machine market growth. These machines are used in construction for cleaning metal sheets, steel structures, welded parts, and others. In the aerospace industry, these machines are used for repairing, manufacturing, and overhauling to provide highly specialized metal parts.
Segmental Analysis :
The Shot Blasting Machine Market is divided into four major sections based on product type, mode of operation, end-use industry, and region.
Based on the product type, the market is segmented into wheel blasting, air blasting, and others.
- The wheel blasting segment held the highest market share 41.65%, in 2022, as it provides several benefits like faster speed, efficiency, minimum dirt, and the ability to blast large objects.
- Moreover, the air blasting segment is expected to witness the fastest CAGR during the forecasted period due to a rise in construction activities across the globe.
On the basis of the mode of operation, the shot blasting machine market is trifurcated into manual, automatic, and semi-automatic.
- The automatic segment accounted for the highest market share in 2022 and is even expected to witness the fastest CAGR from 2023 to 2030, as automatic machines reduce the workforce required, increase productivity, are long-lasting, and reduce costs.
Based on the end use, the market is divided into automotive, aerospace, construction, marine, locomotive, and others.
- In 2022, the automotive segment held the highest market share, due to the use of machines to remove welding slag, eliminate the stress of metal and alloy plates, and ensure an anti-rust surface.
- The aerospace segment is anticipated to register the fastest CAGR during the forecasted period, due to an increase in manufacturing facilities for aircraft and government initiatives.
By region, the market is divided into regions including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
- The Asia-Pacific region held the highest market share of 38.35% in 2022 valued at USD 482.29 million. Out of which, China alone held 22.50% of the market share, due to advancement and growth in automotive, aerospace, and construction industries in this region.
- Europe is expected to witness a growth of about 4.9% CAGR from 2023 to 2030 because of the rise in the automotive and aerospace industry in the region.
| Report Attributes | Report Details |
| By Product Type | Wheel Blasting, Air Blasting, and Others |
| By Mode of Operation | Manual, Automatic, and Semi-Automatic |
| By End-Use Industry | Automotive, Aerospace, Construction, Marine, Locomotive, and Others |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. Additionally, this report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Shot Blasting Machine Industry :
- Rosler Oberflachentechnik GmbH
- AGTOS GmbH
- Goff Inc
- Shandong Kaitai Shot-blasting Machinery Co.Ltd.
- Pangborn Group
- SIAPRO
- Sintokogio Ltd.
- Norican Group
- MEC SHOT
- Surface Finishing Equipment Company
Recent Industry Developments :
- Norican Group, a Denmark-based manufacturer formed a strategic collaboration with Wuxi Xinan Technology Co., Ltd., a manufacturer in China in December 2022.
- In July 2021, Gienanth GmbH, a leading supplier of iron casting formed a partnership with Rösler Oberflächentechnik GmbH to install a Rösler wire mesh belt blast machine named RDGE 1250/300-8.
- In June 2022, AGTOS Gesellschaft Fur Technische Oberflachensysteme GmbH, a leading manufacturer in Germany expanded its shot blasting machines product offerings in France.
