From GlobeNewswire: 2025-04-02 08:25:00

A new report from The Insight Partners analyzes the global Shot Peening Machines Market, focusing on media, applications, and geography. The market was valued at US$664.7 million in 2024, projected to reach US$1,005.6 million by 2031 with a 6.2% CAGR. Growing demand from the aviation industry is a key driver.

The aviation industry has seen significant growth, with Airbus and Boeing delivering over 1200 aircraft in 2023. North America has a flourishing aerospace sector, especially in Canada. The transportation industry is also expanding, driven by factors like electric vehicle adoption and government investments, leading to increased demand for shot peening systems.

Asia Pacific led the Shot Peening Machines market in 2024, with a high revenue share. The market is segmented based on media (steel shots, ceramic shots, etc.) and applications (space, aviation, transportation, etc.). Key players include Pangborn, Guyson Corporation, and Engineered Abrasives, with a focus on new product launches and expansion strategies.

Recent developments include A*STAR and Abrasive Engineering creating smarter abrasive blasting machines, and Guyson building custom blasting systems for the aerospace industry. The report offers detailed insights into the market trends and growth opportunities, catering to the needs of diverse regions or sectors. The aircraft OEM and MRO industry has driven the shot peening industry, with steel shots being the most commonly used media for the process. Steel shots are durable, reusable, and provide efficient peening results. The demand for shot peening machines is expected to increase due to growth in automotive, aviation, and power generation industries. The Insight Partners report offers valuable insights for stakeholders navigating this evolving market landscape.



Read more at GlobeNewswire: Shot Peening Machines Market Size to Hit $1,005.6 Million,