Segments - Global Metal Sanding Machines Market by Types (Manual, Semi-automatic, and Fully-automatic), By Application (Manufacturing, Construction and Others) By Sales Channel (Manufacturer/Distributor/Sales Provider) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
The global metal sanding machines market was valued at USD 1,921.4 Million in 2019 and is projected to reach USD 2,295.4 Million by 2027, expanding at a CAGR of 2.6% during the forecast period. A sanding machine is a stationary, electrically driven machine with a moving abrasive surface used for smoothing surfaces. The machine is usually available in the form of a belt, disc, or spindle used typically for an abrasive surface.
A sanding machine is a power tool designed primarily for grinding and polishing of different material surfaces, such as wood, metal, glass, and plastics. Sanding machines are divided into a bobbin, vibratory, disc, drum, and belt. The polishing depends on the type of abrasive tool. The machine can be fixed or traverse, depending on the workpiece feed motion. The wide-belt traverse and drum sanders are most productive types of sanders.
The market is driven by several factors such as rapid industrialization and urbanization resulting in high usage of sanding processes in the automotive and construction industries. Increasing focus on wind energy, as an integral part of energy generation has led to the rise in the demand for turbine blades, ultimately resulting in the expansion of the global metal sanding machines market.
A majority of sanding machines are manufactured to provide materials such as metals and wood with desired friction. A metal sanding machine is used to process and smooth metal surfaces. High-quality equipment development includes engineered metal finishing and high-quality esthetics. Leading manufacturers of metal sanding machines are functioning on modern technology for metal sanding machines.
Leading market players are working on a common platform to fulfill all the industrial applications of metal sanding machines. The companies specialize in the designing and manufacturing of metal sanding machines for metals such as stainless steel, copper, aluminum, zinc, magnesium, and alloy. A majority of manufacturers use superfine polishing technology to produce metal sanding machines.
Rapid Urbanization and Industrialization
Rapid urbanization and increasing industrialization are boosting the growth of various industries globally. Metal sanding machines are used in several manufacturing industries such as automotive, aerospace, shipbuilding, and motors and gears, which lead to the rise in the use of sanding process. Additionally, increasing GDP is boosting the demand for sustainable products. The usage of metal sanding machines in the heavy equipment manufacturing sector is growing due to rapid urbanization, which in turn, is boosting the market.
Increasing Investments in Wind Energy
Wind energy has become an integral source for energy generation across the globe. Its global capacity surpassed 600 GW in 2018. In terms of total installed capacity, China leads with 221 GW, followed by the US, with installed capacity of 96.4 GW. This refers to a high production of wind turbines in these countries. Metal sanding machines play a crucial role in the production of wind turbines, as these machines help provide high quality and uniform surface finish, while using less manpower.
High Preference for Grinding Machines
The availability of substitutes of grinding machines in the market is expected hinder the metal sanding machines market. Grinding machines are used for grinding, cutting, brushing, and in other DIY activities; its significance as compared to metal sanding machines is higher. Furthermore, angle grinders can also be used as a sanding machine, to some extent, by attaching a sanding disk to it. These machines have multidirectional movements and offer a similar level of sanding results as a sander provides. Additionally, the preference for grinding machines is high, as the use of metals sanding machines is recent as compared to woodworking applications.
Rising Industrial Construction Activities in Emerging Economies
Increasing number of industrial constructions in several emerging nations such as China, India, Thailand, and Singapore are expected to create substantial market opportunities. The use of metal sanding machines is expected to rise across the globe, especially in emerging economies owing to growing industrial development activities. The expansion of the market is attributed to reforms made by various governments in respective countries. Moreover, rise in industrial activities have increased the use of metal sanding machines, as they require less labor and resources.
On the basis of types, the market is segmented into manual, semi-automatic, and fully-automatic. The fully-automatic segment accounted for 49.0% share of the market in 2019. The rapid growth of this segment is attributed to the increasing adoption of automated robots in several industrial and manufacturing sectors among various emerging economies.
Furthermore, the fully-automatic metal sanding machine is highly preferred by companies, as it offers high quality sanding with more uniformity than manual sanding machine. Additionally, the installation of automatic machines offers large productivity and flexibility and high accuracy. This, is turn, fuels the growth of the segment.
In terms of application, the metal sanding machines market is segregated into manufacturing, construction, and others. Manufacturing segment is anticipated to expand at a CAGR of 2.7% during the forecast period. Rising use of metal sanding machines in several manufacturing applications such as automotive, shipbuilding, and motors is expected to boost the growth of the manufacturing segment.
In terms of sales channels, the metal sanding machines market is classified as manufacturers/distributors/service providers and aftermarket. The manufacturer/distributor/service provider segment is anticipated to expand at a CAGR of 2.7% during the forecast period, as demand from the turbine sectors for availing greater quality of wind blades, which requires high usage of metal sanding machines for providing optimum finishing of the blades is expected fuel the manufacturers/distributors/service providers segment.
In terms of regions, the global metal sanding machines market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific constituted market share of two fifth share in 2020. The market in the region is projected to expand at a CAGR of 3.0% during the forecast period. Increasing adoption of new technology in manufacturing and construction industry and rise in presence of several manufacturers, is thereby boosting the growth of the metal sanding machines market in Asia Pacific.
Additional company profiles can be provided on request.
Yes, the report covers product specific information such as manual, semi-automatic and fully-automatic, etc.
According to this Growth Market Reports report, the market from metal sanding machines market shall probably to register a CAGR of 2.6% during forecast period 2020-2027, with an anticipated valuation of USD 2,295.4 million by the end of the 2027.
The rising urbanization and industrialization, and dearth of skilled labors, are expected to drive the market growth during forecast period.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
The market is expected to decline in growth of over 0.4% between 2019 and 2020 owing to the negative impact of COVID-19 pandemic on the metal sanding machines market. The rising adoption of new technologies in the manufacturing and commercial industries boost the growth of the segment.
Manufacturers/distributors and service providers are the key sales channel that are driving the metal sanding machines market.
The base year considered for the global metal sanding machines market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
Major Manufactures include, Atlas Copco AB, Biesse Group, COSTA Levigatrici S.p.A are the key players operating in the market.