Shot peening is a cold working process used to produce a compressive residual stress layer and modify mechanical properties of metals and composites. It entails impacting a surface with shot (round metallic, glass, or ceramic particles) with force sufficient to create plastic deformation.
As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government’ policy and the high sales of Shot Peening Machines in the international market, the current demand for Shot Peening Machines product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.
Shot Peening Machines is mainly manufactured and sold by Wheelabrator, Rosler, Agtos, Sinto Pangborn; and these companies occupied about 64.57% market share in 2017.
Geographically, Asia-pacific is the largest sales market in the world, which took about 51.82 percent of the global consumption volume in 2017. But Europe shared 38.73% of global total revenue.
The Shot Peening Machine market was valued at 380 Million US$ in 2018 and is projected to reach 420 Million US$ by 2025, at a CAGR of 1.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Shot Peening Machine.
This report presents the worldwide Shot Peening Machine market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Shot Peening Machine Breakdown Data by Type
Shot Peening Machine Breakdown Data by Application
Shot Peening Machine Production by Region
Shot Peening Machine Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Shot Peening Machine status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Shot Peening Machine manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Shot Peening Machine :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Shot Peening Machine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.