COVID-19 Impact analysis

• COVID-19 pandemic ceased the production of various products in the automatic shot blasting machine industry due to the lockdowns around the world. This has hampered the growth of automatic shot blasting machines in the first half of 2021 and is likely to continue through 2022.
• COVID-19 has affected the sales of automatic shot blasting machines as the demand of witnessed a steep decrease due to restrictions on construction and manufacturing activities. Automobile production witnessed a decrease amid declining demand due to COVID-19.
• The major demand for automatic shot blasting machines was previously noticed from giant manufacturing countries including the U.S., China, and India, which are negatively affected by the spread of the coronavirus, thereby declining the demand for automatic shot blasting machines.
• The COVID-19 pandemic had a negative impact on the automatic shot blasting machine industry due to the factory operational restrictions. Automatic shot blasting machine manufacturers are expected to focus on protecting their workforce, operations, and supply chains in response to immediate crises and finding new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce. 
• As the COVID-19 restrictions are being lifted, the construction and automobile sectors have started to recover, which has resulted in a steady increase in the demand for automatic shot blasting machines. 

Top Impacting Factors

As the number of developing countries increases, the demand for metals has significantly increased. Rise in demand for automatic shot blasting machines with increase in use of steel and aluminum in construction and manufacturing industries. These machines help in minimizing metal defects and are a vital component in manufacturing of metal parts. Automatic shot blasting machines help in cleaning metal work pieces from rust, stains, and defective paint and ensure a polished, smooth piece of the metal work piece. Thus, automatic shot blasting machines are extensively used in automotive, aerospace, and ship building industry. Automatic shot blasting machines are available in various sizes and specifications, which further increases their applications. However, automatic shot blasting machines create a large number of small dust particles, which can negatively affect the health of human beings. This is a major restraint on the growth of automatic shot blasting machine industry. Increase in purchasing power of middle-income masses in developing countries is expected to significantly increase the number of on-road vehicles, thereby boosting the automotive manufacturing industry. For instance, according to International Energy Agency, India has approximately 25 vehicles per thousand people as of 2020, and the number is expected to reach 150 by the year 2040. Rapid growth of the automotive industry provides lucrative growth opportunities for the market. 

Market Trends

• Major players in the industry are offering solutions that will combine blasting and other surface treatments. For instance, Blastclean System Pvt. Ltd. offers automatic shot blasting and painting assemblies that are a complete solution for surface preparation and painting. These assemblies consist of pretreatment, drying, shot blasting, and painting systems. 
• Major manufacturers of precision automotive parts are integrating automatic shot blasting machines into their facilities to improve the quality of production. For instance, MAT Foundry Group acquired a tumblast machine from Wheelbrator, a Norican Technology company. The tumblast is specially designed for batch operation and has a width of approximately 1,600 mm and maximum charge volume of around 2,500kg. 

Key Benefits of the Report

• This study presents the analytical depiction of the automatic shot blasting machine industry along with the current and future trends to determine the future investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the automatic shot blasting machine market share.
• A quantitative analysis highlights the automatic shot blasting machine market growth scenario from 2020 to 2030.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market. 
• The report provides a detailed automatic shot blasting machine market analysis based on competitive intensity and how the competition will take shape in coming years.