The Automatic Shot Blasting Machine Market size is projected to reach US$ 11.54 billion by 2031 from US$ 7.9 billion in 2023. The market is expected to register a CAGR of 4.9% in 2023–2031. The demand for automatic shot blasting machines among the aerospace, automotive, foundry, metal, construction, rail, and shipbuilding industries is increasing owing to its various benefits over manual sand blasting machines. Automatic shot blasting machines primarily help increase production rates and improve the durability of products.
The growing automotive production is anticipated to demonstrate a crucial role in the development of the automated shot-blasting machine market. Factors such as rising household income and rising standard of living in developing nations such as Asia Pacific are propelling the demand for passenger vehicles. Owing to this, various automotive players have moved their manufacturing facilities to Asia Pacific, which is estimated to a the growth of the automatic shot blasting machines market. One of the major benefits offered by automatic shot blasting machines is that they are eco-friendly. These machines support detecting the defects on the metal surface without the application of toxic chemicals, thus, providing durability of products. Additionally, the strict government regulations regarding worker’s health and the application of eco-friendly procedures are leading industries to adopt automatic shot blasting machines, which is anticipated to propel the growth of the automatic shot blasting machine market globally.
The automatic shot blasting machine market is classified in terms of type and application. Based on type, the market is segmented into hanger type, continuous through-feed, tumblast machine, rotary table, and others. On the basis of application, the market is categorized into automotive, metal, shipbuilding, foundry, aerospace, oil & gas, and others. In terms of market share, the continuous through-feed segment led the by type segment. Increasing infrastructure development and the growing application of automatic shot blasting machines in the construction sector are anticipated to drive the growth of the automatic shot blasting machines market globally over the forecast period.
Automatic shot blasting machines are important for lowering expenditure and helping improve the efficiency of a wide array of components utilized in the automotive industry. Automatic shot blasting machines are primarily utilized to process transmission components, axles, torsion bars, springs, and certain drive-train parts for various cars. Additionally, the growing number of automotive sales is one of the major factors aiding the development of the automatic shot blasting machine market. The growing sales of passenger vehicles are acting as a major driving factor for the amarket globally.
The evolving industrialization and rapid growth in automotive, construction, metal, and shipbuilding, among others, are anticipated to provide growth opportunities for the automatic shot blasting machine market over the forecast period. The rising development of the industrial sector has contributed to the high availability of cheap labor and resources in developing nations, which is anticipated to provide growth opportunities for the market in the near future. Additionally, developing regions such as the Asia Pacific are also observing growth in their aerospace and automotive production. Numerous OEMs are considering these nations for establishing their production facilities, which is boosting the development of the industrial sector and simultaneously driving the growth of the market globally.
Key segments that contributed to the derivation of the automatic shot blasting machine market analysis are type and application.
The geographic scope of the automatic shot blasting machine market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Asia Pacific dominated the automatic shot blasting machine market in 2023. The Asia Pacific region includes China, India, Australia, Japan and South Korea. The high presence of automotive companies and the developing automotive and transportation sectors is acting as a major driver for the market. Rising development of the construction sector and growing government focus on investing highly in the oil & gas sector is also anticipated to boost the growth of the market in the Asia Pacific over the forecast period. In the Asia Pacific region, the growing population has led to a high requirement for construction and infrastructure development. The governments are taking several initiatives to attract private investments for infrastructure development, which is also acting as a major driver for the automatic shot blasting machine market in the Asia Pacific.
The regional trends and factors influencing the Automatic Shot Blasting Machine Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automatic Shot Blasting Machine Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 7.9 Billion |
| Market Size by 2031 | US$ 11.54 Billion |
| Global CAGR (2023 - 2031) | 4.9% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Automatic Shot Blasting Machine Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Automatic Shot Blasting Machine Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Automatic Shot Blasting Machine Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Market and strategies:
The “Automatic Shot Blasting Machine Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: