Global Shot Peening Machine Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- 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.
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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 global Shot Peening Machine market was 380 million US$ in 2018 and is expected to 420 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025.
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This report studies the Shot Peening Machine market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Shot Peening Machine in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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