The global Shot Peening market was valued at US$ 536.9 million in 2022 and is projected to reach US$ 698.4 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Shot Peening, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shot Peening. This report contains market size and forecasts of Shot Peening in global, including the following market information:
Global Shot Peening Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Shot Peening Market Sales, 2018-2023, 2024-2029, (Unit)
Global top five Shot Peening companies in 2022 (%)
Shot peening machines is mainly manufactured and sold by Wheelabrator, Rosler, Agtos, Sinto, Pangborn; and these companies occupied about 64.78% market share in 2019.
We surveyed the Shot Peening manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shot Peening Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Shot Peening Market Segment Percentages, by Type, 2022 (%)
Global Shot Peening Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Shot Peening Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Aerospace
- Shipbuilding
- Foundry
- Others
Global Shot Peening Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Shot Peening Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Shot Peening revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Shot Peening revenues share in global market, 2022 (%)
- Key companies Shot Peening sales in global market, 2018-2023 (Estimated), (Unit)
- Key companies Shot Peening sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Wheelabrator
- Rosler
- Sinto
- Pangborn
- Agtos
- Goff
- Surfex
- Kaitai
- Qingdao Zhuji
- Qingdao Huanghe
- Qinggong Machine
- Fengte
- Ruida
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Shot Peening, market overview.
- Chapter 2: Global Shot Peening market size in revenue and volume.
- Chapter 3: Detailed analysis of Shot Peening manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Shot Peening in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Shot Peening capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
