Latest News- Shot Peening Machines Market: Manual is expected to lead the Type segment during 2024-2028

The Shot Peening Machines Market is being driven by Need for superior-quality products

The Shot Peening Machines Market is expected to grow at a CAGR of 1.96% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 39.6 million. In the contemporary manufacturing sector, robotic shot peening machines have gained significant traction due to their high efficiency and precision levels. These advanced machines are primarily utilized for automated operation and control, almost eliminating human intervention. Robots are positioned in the general work area and employ computer-generated virtual maps to scan work structures before executing peening operations. Although the construction and implementation of these machines entail considerable investment and resources, they are poised to replace traditional manual peening equipment in certain applications. The integration of robotic peening technology in construction and maintenance activities further expands its market potential. 

Get more information on Shot Peening Machines Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Manual
  • Automatic
• End-user
  • Manufacturing
  • Construction
  • Energy
• Geography
  • APAC
    • China
    • India
    • South Korea
  • North America
    • US
  • Europe
    • Germany
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Need for superior-quality products
• Dynamic metal fabrication market poised for growth
• Significant demand from growing aerospace sector

However, the market also witnesses some limitations, which are as follows:

• Second-hand, refurbished machines gaining popularity
• Regulatory compliance related to shot peening processes
• Health and safety hazards

Benefits of Buying Global Shot Peening Machines Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Shot Peening Machines Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Shot Peening Machines Market involves the use of cold working processes to enhance the mechanical properties of various materials, including metals, composites, round metallic components, glass, and ceramics. This process induces plastic deformation through the impact of spherical media, such as steel shots or glass beads, resulting in compressive stresses that improve surface properties and provide resistance to corrosion and stress corrosion cracking. Applications span across industries like automotive, particularly in modern and high-performance motorcycles for noise reduction and customization, as well as energy and construction sectors, where quality standards and manufacturing automation are crucial.

Market Research Overview

The global industrial machinery, supplies, and component market encompasses businesses specializing in the production of machinery and components for various industries, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio's market analysis, the expansion of industrial output in process and discrete industries, driven by the increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing countries, will fuel the growth of this market. Shot peening machines, which employ the cold working process using round metallic, glass, or ceramic particles to induce plastic deformation for surface improvement, are essential components in the manufacturing sector. This modern technology is increasingly adopted in the production of high-performance motorcycles for noise reduction and enhanced mechanical properties. Overall, the global industrial machinery, supplies, and component market is poised for significant growth due to the increasing industrial output and demand for advanced manufacturing technologies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/