Global Polishing Grinding Robot Market Research Report 2022

Robotic polishing is the process of refining surfaces until they are smooth. This application is repetitive and tedious while requiring extreme consistency. Polishing robots are programmed to apply just the right amount of pressure and move precisely in the right direction, for a consistent, thorough, high-quality product. These robots also improve production time while reducing waste.
Market Analysis and Insights: Global Polishing Grinding Robot Market
Due to the COVID-19 pandemic, the global Polishing Grinding Robot market size is estimated to be worth US$ 225.7 million in 2022 and is forecast to a readjusted size of US$ 423.2 million by 2028 with a CAGR of 11.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Robots with Polishing Tools accounting for % of the Polishing Grinding Robot global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
LXD Robotics is the largest manufacturer of polishing grinding robot in the world, has a market share of about 25%. Other key players include Acme Manufacturing, Logen Robot and Fastems, etc. Geographically speaking, Asia-Pacific is the largest market, has a market share of about 50%. In terms of type, robots with workpiece is most popular and has a market share of about 60%. In terms of application, automotive is the dominant field and accounts for over 35% market share.
Global Polishing Grinding Robot Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polishing Grinding Robot Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Robots with Polishing Tools
Robots with Workpiece
Segment by Application
Automotive
Electronics
Hardware and Tool
Household Products
Other
By Company
LXD Robotics
Acme Manufacturing
SHL
Fastems
AV＆R
Logen Robot
DANBACH ROBOT
MEPSA
Teradyne
Wenzhou Kingstone
Intec
STRECON
JR Automation
Changjiang Industry
Grind Master
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina