Robotic Polishing Machine Sales Market Size, Share, Growth, and Industry Analysis by Type (Robotic Polishing Machine with Polishing Tools and Robotic Polishing Machine with Workpiece) By Application (Automotive, Electronics, Hardware & Tool, Household Products, and Others) Regional Forecast To 2031

Updated On: 01 April 2024

ROBOTIC POLISHING MACHINE SALES MARKET REPORT OVERVIEW

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global robotic polishing machine sales market size was USD 227 million in 2021 and market is projected to touch USD 743.72 Million By 2031, exhibiting a CAGR of 12.6% during the forecast period.

Robotic polishing machines are precise tools used in a variety of sectors to provide consistent, high-quality surface finishes on metal items. A business that offers machines that autonomously polish objects is known as a robot polishing machine. This kind of machine is crucial since it can help firms or individuals that need to polish goods by saving them time and work. These devices are frequently utilized in car washes and beauty parlors as well as in commercial settings like factories and manufacturing facilities. The equipment can be set up to polish a wide range of materials, including metal, glass, and plastic.

Spray painting, finishing, and sealer application can all be accomplished with robot polishing. Robots with six axes of motion may also manipulate parts with intricate geometries. Robotic polishing is designed to respond only to constant pressure and move precisely in the desired direction to deliver a reliable, complete, and high-quality output. While producing high time, these robots also cut waste. Worker drudgery and safety dangers related with polishing are eliminated by rob

COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth

The global robotic polishing machine sales market will be considerably impacted by the global effects of the coronavirus illness 2019 (COVID-19) in 2020. Since the COVID-19 outbreak, the global economy has been subjected to a number of unstable shocks, leading to the bankruptcy of numerous businesses and a substantial drop in turnover. The worldwide economy started to recover after the epidemic for more than two years, but by 2022, the Russian Federation's invasion of Ukraine and its repercussions on global commodities markets, supply chains, inflation, and financial conditions had slowed down global robotic polishing machine sales growth even more.

LATEST TRENDS

"Demand in the Automotive And Household Products to Boost Market Growth"

A number of factors, including rising demand for polished surfaces in the automotive and household products industries, are driving the growth of the robotic polishing machine sales market. Additionally, the development of automated robotic polishing machine sales being fueled by the expansion of infrastructure projects in emerging nations, which has boosted the usage of these equipment on a global scale. Automated polishing not only makes it possible to use less manpower, but it also does it faster. This is because robotics does not require breaks or nocturnal naps. Except for humans, robots operate continuously for protracted periods of time until the assignment is completed.

A significant portion of the components needed by the automotive industry are made from a variety of materials with varying degrees of hardness. It is possible to produce a mirror finish on a variety of metal surfaces, including aluminium, magnesium, and steel, using a robot polishing automatic machine with a workpiece. This machine is appropriate for use in the manufacture of automobiles because it improves aesthetic appeal without raising production costs.

ROBOTIC POLISHING MACHINE SALES MARKET SEGMENTATION 

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• By Type Analysis

As per the type, the market is classified as follows: During the time of forecasting, it is anticipated that the segment of robot polishing automatic machines with polishing tools will hold the bulk of the robotic polishing machine sales market share.

• By Application Analysis

Based on application, the market is segmented as follows In 2015, the automotive industry held the greatest robotic polishing machine sales market share, and it is anticipated that it will maintain its hegemony throughout the projection period.

DRIVING FACTORS

"Industrialization and Expanding Infrastructure Projects to Facilitate Market Development"

Additionally, the need for robotic polishing machine sales is being fueled by fast industrialization and expanding infrastructure projects throughout developing nations, which has expedited the use of these devices globally. Robotic polishing machine sales are configured to exert pressure and move precisely in the right direction to produce a dependable, meticulous, high-quality output. The need robotic polishing machine sales is being fueled by industrialization and the ongoing expansion of infrastructure projects in emerging economies, and throughout the anticipated period, there will be increasing global adoption of these machines.

"Growing Requirement of Robotic Polishing Machine to Promote Industry Progress"

The robotic polishing machine sales market is anticipated to expand in 2030. The growing requirement for manufacturing in the automotive, electronics, and household products industries is what is driving the demand for polishing robots. The rising demand for high-quality goods and the expanding use of robots across a variety of industries can both be credited with the rise of robotic polishing machine market. This can be ascribed to its capacity to offer products with top-notch finishing.

RESTRAINING FACTORS

"Potential Risk Factors to Hinder Market Growth"

Due to their versatility in performing a variety of activities, polishing robotics require a large level of training and experience during the first setup. When integrating robots into your production line, it's essential to consider their applicability and safety. This is accomplished by performing risk analyses by either the machine manufacturer or the end-user; also, the machine must be properly assessed. Similar misconceptions exist about the notion that collaborative robots are merely "safe." To evaluate the speeds, nip points, and potential risks associated with any end effect tooling, a thorough risk study must be done before these are used. These factors might impede robotic polishing machine sales market growth.

ROBOTIC POLISHING MACHINE SALES MARKET REGIONAL INSIGHTS

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"Increase in Demand to Propel Market Progress in North America"

The biggest robotic polishing machine sales market is in North America. The growing requirement for manufacturing in the automotive, electronics, and household products industries is what is driving the demand for robotic polishing machine sales market. The need for polishing robots in this region is being driven by the increased adoption of new technologies and rising production needs in the automotive and household products industries.

KEY MARKET PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.   

List of Market Players Profiled

• LXD Robotics (China)
• Acme Manufacturing (U.S.)
• SHL (U.K)
• Fastems (Finland)
• AV＆R (Canada)
• Logen Robot (U.S.)
• DANBACH ROBOT (China)
• MEPSA (Spain)
• Teradyne (U.S.)
• Wenzhou Kingstone (China)
• Intec (India)
• STRECON (Denmark)
• JR Automation (U.S.)
• Changjiang Industry (China)
• Grind Master (India)

REPORT COVERAGE

The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.