Automatic Shot Blasting Market Size, Trends and Insights By Product Type (Hanger, Tum-blast Machine, Continuous Through-feed, Rotary Table, Others), By Business Type (New Sales, Aftermarket), By End-use Industry (Construction, Automotive, Metalworking, Aerospace, Shipbuilding, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Qingdao Qinggong Machinery Co. Ltd.
- Blastclean System Pvt. Ltd
- Rosler Oberflachentechnik GmbH
- Norican Group
- Sintokogio Ltd.
- Shandong Kaitai Group Co. Ltd.
- Others
Reports Description
Global Automatic Shot Blasting Market was valued at USD 2.7 Billion in 2024 and is expected to reach USD 9.6 Billion by 2033, at a CAGR of 5.9% during the forecast period 2024 – 2033.
Automatic shot blasting is a surface preparation process used to clean, strengthen, or finish metal surfaces automatically and efficiently. It involves propelling abrasive materials, such as steel shot, grit, or sand, at high speeds onto the surface of the workpiece using a blasting machine.
Automatic Shot Blasting Market: Growth Factors
Increasing demand for the automotive industry
The growing demand for the automotive sector mostly drives the market for automotive shot blasting. As shot-blasting equipment is widely used in the automobile industry, the automotive segment is anticipated to dominate the automobile shot blasting market.
The automotive industry’s need for shot blasting machines is mostly driven by the rising need for effective surface preparation in manufacturing due to a rise in vehicle production. As shot-blasting equipment are widely used in the automobile industry, the automotive segment is anticipated to dominate the automobile shot blasting market.
The automotive industry’s need for shot blasting machines is mostly driven by the rising need for effective surface preparation in manufacturing due to a rise in vehicle production.
Due to the growing need for shot blasting techniques for metal component cleaning, finishing, and surface preparation in the automotive industry, the market for automotive shot blasting is anticipated to expand.
The requirement for shot blasting machines to provide effective surface preparation and cleaning operations is growing as the automotive sector faces increased production and demand for high-quality surface finishes. This is driving expansion in the shot blasting machine market.
In conclusion, the market for automotive shot blasting is significantly fuelled by the growing demand for the automobile industry, which depends on shot blasting equipment to produce high-quality finishes and efficient surface.
Growth in the construction & infrastructure
The growth in construction and infrastructure projects worldwide is a major driver for the automatic shot blasting industry. Automatic shot blasting is a surface preparation technique used to clean, descale, and remove contaminants from various materials like steel, concrete, and metal components.
As construction activities expand globally, there’s an increasing demand for high-quality surface preparation to ensure the durability and longevity of structures. In construction, shot blasting is essential for preparing surfaces before applying coatings, paints, or overlays, ensuring better adhesion and a smoother finish.
Moreover, shot blasting is crucial for maintaining safety standards and structural integrity by removing rust, corrosion, and old coatings in infrastructure projects such as bridges, highways, and airports. The automation of shot blasting processes further enhances efficiency, productivity, and safety in construction and infrastructure projects.
Automatic shot blasting machines offer precise control over parameters like abrasive flow, blast pressure, and cleaning speed, resulting in consistent and uniform surface preparation. Additionally, automation reduces labour costs, minimizes manual errors, and ensures faster project completion times.
As the construction and infrastructure sectors continue to grow globally, the demand for automatic shot blasting equipment is expected to rise steadily, driving innovation and technological advancements in the industry.
Automatic Shot Blasting Market: Restraints
Stringent environmental regulation
Global environmental standards are getting stricter all the time when it comes to regulating air emissions, especially about dangerous air pollutants and particulate matter. To comply with these rules, automatic shot blasting operations must properly contain and filter the enormous amounts of dust and airborne particles that they generate.
Environmental laws might differ greatly between nations and regions, which presents difficulties for companies that make and utilize automatic shot-blasting equipment. Complying with various regulations in various markets may make the deployment of these systems more complex and expensive.
Environmental laws are always changing, and manufacturers and users may find it challenging to plan long-term investments in autonomous shot blasting equipment due to the uncertainty around potential changes.
To get around these limitations, producers and users of automatic shot blasting equipment need to keep up with the most recent environmental laws, make investments in cutting-edge technologies for waste management and emission control, and work with authorities to create workable and long-lasting solutions.
Automatic Shot Blasting Market: Opportunities
Growth in metal fabrication industry
The growth in the metal fabrication industry has been a significant driver for the adoption of automatic shot blasting technology. As metal fabrication processes expand to meet the demands of various sectors such as automotive, aerospace, construction, and manufacturing, the need for efficient surface preparation techniques becomes paramount.
Automatic shot blasting offers a highly effective method for cleaning, descaling, and preparing metal surfaces. Automated shot blasting systems utilize abrasive media propelled at high velocity to remove contaminants, rust, scale, and old coatings from metal surfaces.
This process not only enhances the appearance of metal parts but also improves their durability, corrosion resistance, and adherence to subsequent coatings or treatments. Moreover, automatic shot blasting systems offer consistent and uniform results, reducing the need for manual labour and ensuring high productivity levels.
As the metal fabrication industry continues to evolve and embrace advanced manufacturing technologies, the demand for automatic shot blasting equipment is expected to rise. Manufacturers are investing in modern shot blasting solutions to streamline production processes, minimize downtime, improve product quality, and meet stringent regulatory requirements, thereby driving further growth in the automatic shot blasting market.
Automatic Shot Blasting Market: Segmentation Analysis
Global Automatic Shot Blasting Market is segmented into product type, business type, end-use industry and region. Based on product type, the market is classified into hanger type, tum-blast machine, continuous through-feed, rotary table, and others.
Hanger type dominated market in 2023 with market share of 32.4% and is expected to keep its dominance during the forecast period 2024-2033. Hanger-type automatic shot blasting systems are a prevalent choice for surface preparation in various industries, including automotive, aerospace, foundries, and metalworking.
These systems feature a conveyor system with hangers or hooks to hold and transport workpieces through the blasting chamber. Workpieces are suspended from the hangers, allowing for uniform exposure to the abrasive blasting media, typically steel shot or grit.
The hanger-type design offers several advantages, including efficient processing of complex-shaped parts, consistent and thorough coverage, and the ability to handle heavy or large components. Additionally, the automated nature of these systems ensures high throughput and productivity, reducing labour costs and improving overall efficiency.
Based on business type, the market is classified into new sales and aftermarket. New Sale dominated the market in 2023 with a market share of 49.5% and is expected to keep its dominance during the forecast period 2024-2033.
Selling to businesses involves more than simply the product, it also entails investing in a whole system that includes implementation teams, support, and a lasting partnership. Original equipment (OEM) manufacturer offers automatic shot blasting machines and parts that can be marketed by another manufacturer, dealers or distributors to sell to the end users.
Based on end-use industry the market is classified into construction, automotive, metalworking, aerospace, shipbuilding, and other. The construction industry’s demand for enhanced efficiency and quality control is driving the growth of automatic shot blasting technologies.
Automatic shot blasting is a surface preparation technique that involves propelling abrasive materials at high velocity to clean, strengthen, or polish metal surfaces. This process is critical in construction for preparing steel and concrete surfaces before coating, welding, or further processing.
The rise in large-scale infrastructure projects, including bridges, highways, and commercial buildings, has necessitated the adoption of advanced surface preparation methods to ensure structural integrity and longevity.
Automatic shot blasting offers several advantages, including uniform surface treatment, improved coating adhesion, and enhanced corrosion resistance, making it indispensable in modern construction practices.
Technological advancements have led to the development of sophisticated automatic shot blasting machines with features such as programmable controls, real-time monitoring, and energy-efficient operations. These innovations not only improve operational efficiency but also reduce labour costs and material waste.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 2.7 Billion |
Projected Market Size in 2033 | USD 9.6 Billion |
Market Size in 2023 | USD 2.5 Billion |
CAGR Growth Rate | 5.9% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Product Type, Business Type, End-use Industry and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Automatic Shot Blasting Market: Regional Analysis
By region, Automatic Shot Blasting Market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the Automatic Shot Blasting Market in 2023 with a market share of 41.3% and is expected to keep its dominance during the forecast period 2024-2033.
Growth can be attributed to the country’s growing residential and commercial project development as well as the aviation industry’s soaring demand. In the construction and maintenance of aircraft, shot blasting machines are used for the re-manufacturing of landing gear, auxiliary power units, and jets.
The device also lessens the need for pricey filtration systems, prolongs the life of components like hoses and nozzles, and uses less abrasive. The Automation market for shot blasting machines in the United States is expected to grow at a significant rate throughout the assessment period.
Automatic Shot Blasting Market: Recent Developments
- In November 2022, Sinto America signed a partnership with KB Foundry Services, LLC. This partnership focuses on foundry product machining, cleaning, corrosion removal and refurbishing of the parts.
- In May 2021, AMT introduced Post ProDP MAX, a completely automated shot-blasting and overpowering technology suited for large component runs and batch usage.
- In March 2022, Wheelabrator introduced a new digital tool in March 2022 that monitors and shows the total performance of a shot-blast machine. It helps operators spot problems and obstructions that prevent their blast machines from operating at their peak performance.
List of the prominent players in the Automatic Shot Blasting Market:
- Qingdao Qinggong Machinery Co. Ltd.
- Blastclean System Pvt. Ltd
- Rosler Oberflachentechnik GmbH
- Norican Group
- AGTOS Gesellschaft fr technische Oberflchensysteme mbH
- Sintokogio Ltd.
- Shandong Kaitai Group Co. Ltd.
- Siapro
- Goff Inc.
- STEM
- Qingdao Huanghe
- Surfex
- Wheelabrator
- Pangborn
- Agtos
- Fengte
- Ruida
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Automatic Shot Blasting Market is segmented as follows:
By Product Type
- Hanger
- Tum-blast Machine
- Continuous Through-feed
- Rotary Table
- Others
By Business Type
- New Sales
- Aftermarket
By End-use Industry
- Construction
- Automotive
- Metalworking
- Aerospace
- Shipbuilding
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Automatic Shot Blasting Market, (2024 – 2033) (USD Billion)
- 2.2 Global Automatic Shot Blasting Market: snapshot
- Chapter 3. Global Automatic Shot Blasting Market – Industry Analysis
- 3.1 Automatic Shot Blasting Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing demand for the automotive industry
- 3.2.2 Growth in the construction & infrastructure
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Business Type
- 3.7.3 Market Attractiveness Analysis By End-use Industry
- Chapter 4. Global Automatic Shot Blasting Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Automatic Shot Blasting Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Automatic Shot Blasting Market – Product Type Analysis
- 5.1 Global Automatic Shot Blasting Market Overview: By Product Type
- 5.1.1 Global Automatic Shot Blasting Market Share, By Product Type, 2023 and 2033
- 5.2 Hanger
- 5.2.1 Global Automatic Shot Blasting Market by Hanger, 2024 – 2033 (USD Billion)
- 5.3 Tum-blast Machine
- 5.3.1 Global Automatic Shot Blasting Market by Tum-blast Machine, 2024 – 2033 (USD Billion)
- 5.4 Continuous Through-feed
- 5.4.1 Global Automatic Shot Blasting Market by Continuous Through-feed, 2024 – 2033 (USD Billion)
- 5.5 Rotary Table
- 5.5.1 Global Automatic Shot Blasting Market by Rotary Table, 2024 – 2033 (USD Billion)
- 5.6 Others
- 5.6.1 Global Automatic Shot Blasting Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Automatic Shot Blasting Market Overview: By Product Type
- Chapter 6. Global Automatic Shot Blasting Market – Business Type Analysis
- 6.1 Global Automatic Shot Blasting Market Overview: By Business Type
- 6.1.1 Global Automatic Shot Blasting Market Share, By Business Type, 2023 and 2033
- 6.2 New Sales
- 6.2.1 Global Automatic Shot Blasting Market by New Sales, 2024 – 2033 (USD Billion)
- 6.3 Aftermarket
- 6.3.1 Global Automatic Shot Blasting Market by Aftermarket, 2024 – 2033 (USD Billion)
- 6.1 Global Automatic Shot Blasting Market Overview: By Business Type
- Chapter 7. Global Automatic Shot Blasting Market – End-use Industry Analysis
- 7.1 Global Automatic Shot Blasting Market Overview: By End-use Industry
- 7.1.1 Global Automatic Shot Blasting Market Share, By End-use Industry, 2023 and 2033
- 7.2 Construction
- 7.2.1 Global Automatic Shot Blasting Market by Construction, 2024 – 2033 (USD Billion)
- 7.3 Automotive
- 7.3.1 Global Automatic Shot Blasting Market by Automotive, 2024 – 2033 (USD Billion)
- 7.4 Metalworking
- 7.4.1 Global Automatic Shot Blasting Market by Metalworking, 2024 – 2033 (USD Billion)
- 7.5 Aerospace
- 7.5.1 Global Automatic Shot Blasting Market by Aerospace, 2024 – 2033 (USD Billion)
- 7.6 Shipbuilding
- 7.6.1 Global Automatic Shot Blasting Market by Shipbuilding, 2024 – 2033 (USD Billion)
- 7.7 Others
- 7.7.1 Global Automatic Shot Blasting Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Automatic Shot Blasting Market Overview: By End-use Industry
- Chapter 8. Automatic Shot Blasting Market – Regional Analysis
- 8.1 Global Automatic Shot Blasting Market Regional Overview
- 8.2 Global Automatic Shot Blasting Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Automatic Shot Blasting Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.4 North America Automatic Shot Blasting Market, by Product Type, 2024 – 2033
- 8.4.1 North America Automatic Shot Blasting Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.5 North America Automatic Shot Blasting Market, by Business Type, 2024 – 2033
- 8.5.1 North America Automatic Shot Blasting Market, by Business Type, 2024 – 2033 (USD Billion)
- 8.6 North America Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033
- 8.6.1 North America Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Automatic Shot Blasting Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Automatic Shot Blasting Market, by Product Type, 2024 – 2033
- 8.8.1 Europe Automatic Shot Blasting Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Automatic Shot Blasting Market, by Business Type, 2024 – 2033
- 8.9.1 Europe Automatic Shot Blasting Market, by Business Type, 2024 – 2033 (USD Billion)
- 8.10 Europe Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033
- 8.10.1 Europe Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Automatic Shot Blasting Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Automatic Shot Blasting Market, by Product Type, 2024 – 2033
- 8.12.1 Asia Pacific Automatic Shot Blasting Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Automatic Shot Blasting Market, by Business Type, 2024 – 2033
- 8.13.1 Asia Pacific Automatic Shot Blasting Market, by Business Type, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033
- 8.14.1 Asia Pacific Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Automatic Shot Blasting Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Automatic Shot Blasting Market, by Product Type, 2024 – 2033
- 8.16.1 Latin America Automatic Shot Blasting Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Automatic Shot Blasting Market, by Business Type, 2024 – 2033
- 8.17.1 Latin America Automatic Shot Blasting Market, by Business Type, 2024 – 2033 (USD Billion)
- 8.18 Latin America Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033
- 8.18.1 Latin America Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Automatic Shot Blasting Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Automatic Shot Blasting Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Automatic Shot Blasting Market, by Product Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Automatic Shot Blasting Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Automatic Shot Blasting Market, by Business Type, 2024 – 2033
- 8.21.1 The Middle-East and Africa Automatic Shot Blasting Market, by Business Type, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033
- 8.22.1 The Middle-East and Africa Automatic Shot Blasting Market, by End-use Industry, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Qingdao Qinggong Machinery Co. Ltd.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Blastclean System Pvt. Ltd
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Rosler Oberflachentechnik GmbH
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Norican Group
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 AGTOS Gesellschaft fr technische Oberflchensysteme mbH
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Sintokogio Ltd.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Shandong Kaitai Group Co. Ltd.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Siapro
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Goff Inc.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 STEM
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Qingdao Huanghe
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Surfex
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Wheelabrator
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Pangborn
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Agtos
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Fengte
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Ruida
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Others.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.1 Qingdao Qinggong Machinery Co. Ltd.
List Of Figures
Figures No 1 to 29
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Qingdao Qinggong Machinery Co. Ltd.
- Blastclean System Pvt. Ltd
- Rosler Oberflachentechnik GmbH
- Norican Group
- AGTOS Gesellschaft fr technische Oberflchensysteme mbH
- Sintokogio Ltd.
- Shandong Kaitai Group Co. Ltd.
- Siapro
- Goff Inc.
- STEM
- Qingdao Huanghe
- Surfex
- Wheelabrator
- Pangborn
- Agtos
- Fengte
- Ruida
- Others
FAQs
The restraints of the Global Automatic Shot Blasting market is Stringent environmental regulation.
The major driver for the Global Automatic Shot Blasting market is Increasing demand for the automotive industry and Growth in the construction & infrastructure.
The “Hanger” category dominated the market in 2023.
The key players in the market are Qingdao Qinggong Machinery Co. Ltd., Blastclean System Pvt. Ltd, Rosler Oberflachentechnik GmbH, Norican Group, AGTOS Gesellschaft fr technische Oberflchensysteme mbH, Sintokogio Ltd., Shandong Kaitai Group Co. Ltd., Siapro, Goff Inc., STEM, Qingdao Huanghe, Surfex, Wheelabrator, Pangborn, Agtos, Fengte, Ruida, Others.
“North America” had the largest share in the Automatic Shot Blasting Market.
The global market is projected to grow at a CAGR of 5.9% during the forecast period, 2024-2033.
The Automatic Shot Blasting Market size was valued at USD 2.7 Billion in 2024.