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Global Automatic Shot Blasting Market to reach USD 1129.15 million by the end of 2030.

Global Automatic Shot Blasting Market Size Study & Forecast, by Product Type (Hanger, Tumblast Machine, Continuous Through-feed, Rotary Table, Others), By Business Type (New Sales, Aftermarket), By End-user (Construction, Automotive, Metalworking, Aerospace, Shipbuilding, Other), and Regional Analysis, 2023-2030

Product Code: OIRIA-50991812
Publish Date: 10-09-2023
Page: 200

Global Automatic Shot Blasting Market is valued at approximately USD 787.95 million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2023-2030. Automatic shot blasting is the technique of bombarding the product surface with abrasive material composed of steel, silicon carbide, and other abrasive materials. This procedure is used to clean the surface by removing mill scale, rust, and other contaminants that shorten the product’s lifespan. Additionally, a shot blasting machine is completely automated with the aid of a PLC and software installation. Factors such as surging demand from the aerospace industry, rising emphasis on improved efficiency and productivity, and rising government regulations and standards regarding the use of automatic shot blasting machines are bolstering the market demand across the globe.

The flourishing development of the infrastructure and construction industry is exhibiting a positive influence on the market growth during the estimated period. Automatic shot blasting finds applications in preparing concrete surfaces, removing old coatings, and enhancing the durability of structures. The expansion of the construction sector contributes to the demand for automatic shot blasting equipment. For instance, according to the report of Statista, the construction (including commercial and residential infrastructure) industry spending is rising year by year; in the year 2017, worldwide construction spending stood at USD10.9 trillion which is expected to increase to USD 12.5 trillion by the year 2030. Hence, these aforementioned factors are propelling the growth of the Automatic Shot Blasting Market during the estimated period. Moreover, the increasing technological advancement in automatic shot blasting machines, as well as rapid industrialization in emerging economies present various lucrative opportunities over the forecasting years. However, the fluctuating prices of raw materials and the rising environmental concerns are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automatic Shot Blasting Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the surging investment in technological advancements in automatic shot blasting equipment, rise in auto production, as well as high demand in various end-use industries. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The growing construction and infrastructure development projects, rising demand for automotive and aerospace components, and increasing industrialization in emerging economies are significantly propelling the market demand across the region.

Major market players included in this report are:
Blastclean System Pvt. Ltd
STEM d.o.o.
Shandong Kaitai Group Co. Ltd.
Qingdao Qinggong Machinery Co. Ltd.
Sintokogio Ltd
Goff Inc.
Rosler Oberflachentechnik GmbH
Siapro d.o.o.
Norican Group
Wheelabrator Group

Recent Developments in the Market:
Ø In June 2022, AGTOS GmbH expanded its sales offices in France in order to reach customers for any inquiries related shot blast technology.
Ø In November 2022, Sinto America and KB Foundry Services, LLC, signed a partnership agreement. This alliance focuses on the machining, cleaning, corrosion treatment, and restoration of parts used in foundries.

Global Automatic Shot Blasting Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product Type, Business Type, End-user, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Hanger
Tumblast Machine
Continuous Through-feed
Rotary Table
Others

By Business Type:
New Sales
Aftermarket

By End-user:
Construction
Automotive
Metalworking
Aerospace
Shipbuilding
Other

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Automatic Shot Blasting Market, by Region, 2020-2030 (USD Million)
1.2.2. Automatic Shot Blasting Market, by Product Type, 2020-2030 (USD Million)
1.2.3. Automatic Shot Blasting Market, by Business Type, 2020-2030 (USD Million)
1.2.4. Automatic Shot Blasting Market, by End-user, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automatic Shot Blasting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automatic Shot Blasting Market Dynamics
3.1. Automatic Shot Blasting Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Surging demand from the aerospace industry
3.1.1.2. Flourishing development of the infrastructure and construction industry
3.1.2. Market Challenges
3.1.2.1. Fluctuating prices of raw materials
3.1.2.2. Rising environmental concerns
3.1.3. Market Opportunities
3.1.3.1. Increasing technological advancement in automatic shot blasting machines
3.1.3.2. Rapid Industrialization in emerging economies
Chapter 4. Global Automatic Shot Blasting Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Automatic Shot Blasting Market, by Product Type
5.1. Market Snapshot
5.2. Global Automatic Shot Blasting Market by Product Type, Performance – Potential Analysis
5.3. Global Automatic Shot Blasting Market Estimates & Forecasts by Product Type 2020-2030 (USD Million)
5.4. Automatic Shot Blasting Market, Sub Segment Analysis
5.4.1. Hanger
5.4.2. Tumblast Machine
5.4.3. Continuous Through-feed
5.4.4. Rotary Table
5.4.5. Others
Chapter 6. Global Automatic Shot Blasting Market, by Business Type
6.1. Market Snapshot
6.2. Global Automatic Shot Blasting Market by Business Type, Performance – Potential Analysis
6.3. Global Automatic Shot Blasting Market Estimates & Forecasts by Business Type 2020-2030 (USD Million)
6.4. Automatic Shot Blasting Market, Sub Segment Analysis
6.4.1. New Sales
6.4.2. Aftermarket
Chapter 7. Global Automatic Shot Blasting Market, by End-user
7.1. Market Snapshot
7.2. Global Automatic Shot Blasting Market by End-user, Performance – Potential Analysis
7.3. Global Automatic Shot Blasting Market Estimates & Forecasts by End-user 2020-2030 (USD Million)
7.4. Automatic Shot Blasting Market, Sub Segment Analysis
7.4.1. Construction
7.4.2. Automotive
7.4.3. Metalworking
7.4.4. Aerospace
7.4.5. Shipbuilding
7.4.6. Other
Chapter 8. Global Automatic Shot Blasting Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Automatic Shot Blasting Market, Regional Market Snapshot
8.4. North America Automatic Shot Blasting Market
8.4.1. U.S. Automatic Shot Blasting Market
8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
8.4.1.2. Business Type breakdown estimates & forecasts, 2020-2030
8.4.1.3. End-user breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Automatic Shot Blasting Market
8.5. Europe Automatic Shot Blasting Market Snapshot
8.5.1. U.K. Automatic Shot Blasting Market
8.5.2. Germany Automatic Shot Blasting Market
8.5.3. France Automatic Shot Blasting Market
8.5.4. Spain Automatic Shot Blasting Market
8.5.5. Italy Automatic Shot Blasting Market
8.5.6. Rest of Europe Automatic Shot Blasting Market
8.6. Asia-Pacific Automatic Shot Blasting Market Snapshot
8.6.1. China Automatic Shot Blasting Market
8.6.2. India Automatic Shot Blasting Market
8.6.3. Japan Automatic Shot Blasting Market
8.6.4. Australia Automatic Shot Blasting Market
8.6.5. South Korea Automatic Shot Blasting Market
8.6.6. Rest of Asia Pacific Automatic Shot Blasting Market
8.7. Latin America Automatic Shot Blasting Market Snapshot
8.7.1. Brazil Automatic Shot Blasting Market
8.7.2. Mexico Automatic Shot Blasting Market
8.8. Middle East & Africa Automatic Shot Blasting Market
8.8.1. Saudi Arabia Automatic Shot Blasting Market
8.8.2. South Africa Automatic Shot Blasting Market
8.8.3. Rest of Middle East & Africa Automatic Shot Blasting Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Blastclean System Pvt. Ltd
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. STEM d.o.o.
9.3.3. Shandong Kaitai Group Co. Ltd.
9.3.4. Qingdao Qinggong Machinery Co. Ltd.
9.3.5. Sintokogio Ltd
9.3.6. Goff Inc.
9.3.7. Rosler Oberflachentechnik GmbH
9.3.8. Siapro d.o.o.
9.3.9. Norican Group
9.3.10. Wheelabrator Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
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In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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