Press release
Automatic Shot Blasting Machine Market Analysis (COVID-19 Analysis) - Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2027
According to our latest market study on "Automatic Shot Blasting Machine Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Type (Hanger Type, Tumblast Machine, Continuous Through-Feed, Rotary Table, and Others), and Application (Automotive, Metal, Shipbuilding, Foundry, Aerospace, Oil & Gas, and Others)," the market was valued at US$ 7.13 billion in 2019 and is projected to reach US$ 10.51 billion by 2027; it is expected to grow at a CAGR of 5.2% from 2020 to 2027. The report highlights the key factors driving the market growth and prominent players with their developments in the market.APAC is the largest continent globally and is well-known for technological innovations in countries, such as India, China, Japan, and South Korea. Swift developments pertaining to technologies, initiatives from governments, and digitalization of economies are propelling the economic growth of the region. The aerospace industry is growing at an exponential rate in the region. The commercial aviation industry in APAC is estimated to increase rapidly during the forecast period, with airlines planning to procure increased number of aircraft fleets such as narrow-body and wide-body. As per Boeing's Market Outlook 2019, the region is likely to receive ~17,390 deliveries from 2019 to 2038; thus, surging the growth of the commercial aircraft sector. The automatic shot blasting machine is being progressively used in aviation manufacturing and MRO for remanufacturing jets, auxiliary power unit, and landing gear parts. Additionally, the machine reduces abrasive consumption, increases the life of items such as hoses and nozzle, and reduces the requirement for expensive filtration systems. Thus, growing commercial aviation industry is projected to create lucrative opportunities for automatic shot blasting machine manufacturers.
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Automatic Shot Blasting Machine Market - Company Profiles
AGTOS GmbH
Goff Inc.
Shandong Kaitai Group Co.
Norican Group
Pangborn
Qingdao Sanzhuji Equipment Manufacturing Co., Ltd
Rösler Oberflächentechnik GmbH
Sinto Group
STEM d.o.o.
SURFEX
APAC, the huge population has led to a high demand for construction activities. The governments are taking numerous measures in order to attract private investments in the construction industry. For instance, Economic Transformation Program, a program initiated by the Malaysian government, works toward appealing considerable foreign direct investment in the activities in Malaysia. In addition, the government of the Philippines initiated a public-private partnership program for facilitating the growth of infrastructural projects. Hence, with such a huge focus on the construction industry in the region, the demand for automatic shot blasting machines is expected to accelerate during the forecast period. The machine is ideal for cleaning and polishing metal surface in construction activities. It has become an essential part of the steel structure and metal building industry to eradicate rust and corrosive materials from the metal surface.
The latest research report on the "Automatic Shot Blasting Machine Market - Industry Analysis, Market Size, Opportunities and Forecast, 2021 - 2027" provides a comprehensive assessment of the Automatic Shot Blasting Machine market for the forecast period from 2021 to 2027. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Automatic Shot Blasting Machine market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Automatic Shot Blasting Machine Market in order to help decision makers with various strategic insights and future outlook. The Automatic Shot Blasting Machine market is expected to witness continued growth during the forecast period from 2021 to 2027.
This is a professional and in-depth study on the current state of the Automatic Shot Blasting Machine Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Automatic Shot Blasting Machine Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
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China to Dominate APAC Automatic Shot Blasting Machine Market During Forecast Period
China is one of the significant countries for electricity generation s. For instance, the State Grid Corporation of China is constructing 12 electricity transmission lines connecting the hydropower centers and coal production in inland areas. The country also plans to build the world's biggest super grid. Such steps would demand automatic shot blasting machines during the project. Further, companies in China are highly focused on business expansion in various countries by installing their automatic shot blasting machines. For instance, Qingdao Qinggong Machinery Co., Ltd. installed its roller conveyor shot blast machine in Mexico. The machine performs blast cleaning of metal steel structures, welded parts, steel sheets, and steel bars. Hence, business expansion is likely to contribute to the growth of the automatic shot blasting machine market in China.
Note - The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Automatic Shot Blasting Machine Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
The report segments the global Automatic Shot Blasting Machine Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Automatic Shot Blasting Machine Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
The report focuses on global major leading Automatic Shot Blasting Machine Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
The report segments the global automatic sand blasting machine market as follows:
By Type
Hanger Type
Tumblast Machine
Continuous Through-Feed
Rotary Table
Others
By Application
Automotive
Metal
Shipbuilding
Foundry
Aerospace
Oil & Gas
Others
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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Automatic Shot Blasting Machine market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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