According to Future Market Insights, the global deburring machine industry is predicted to reach a value pool of US$ 850 Million by the end of 2023. Global demand for deburring machines is expected to surge at a CAGR of 5.8% to US$ 1,500 Million in 2033, supported by:
Today's automobile industry is a sophisticated and highly competitive manufacturing and technology sector that need periodic revalidations of manufacturing process design for continuous safety and process improvement. Deburring, of course, is essential in any manufacturing process. Since the early days of the American automobile industry, when the Duryea Brothers, Ransom Olds, the Jeffery Company, and Henry Ford began mass-producing automobiles, the automobile manufacturing industry has benefited greatly from the development and advancement of deburring and related technologies.
The increasing expansion of the automotive sector as a result of technological advancement is likely to promote industry growth in the coming years. The increased usage of electric cars is expected to drive demand for deburring machines. The growing need for deburring machines in different sectors such as metal parts, finishing, automotive industry, aerospace components, and healthcare apparatus and instruments is driving the growth of this market.
According to the 2021 Production Statistics report released by the International Organization of Motor Vehicle Manufacturers (OICA), about 80 million motor vehicles were produced around the globe in 2021. In 2021, around 23 million commercial vehicles and approximately 57 million passenger automobiles were produced. Hence, boosting the utilisation of deburring machines in the automotive manufacturing.
Because of recent expansion in vehicle manufacturing, Asia Pacific is expected to account for a significant proportion of the deburring market. The growing expansion of the automotive industry as a result of technological advancement is expected to boost market growth in the Asia Pacific region in the future years. The expansion of several supporting businesses including production, building, shipping, transportation, and others is powered by industrial improvement throughout the region.
Growing preference for automatic deburring machines, which enable cost efficient and high productivity operations when compared to manual deburring machines, is likely to fuel market expansion in the coming years. As compared to hand deburring, automated deburring machines offer a clean finish to the material's surface and allow spark-free operation during deburring. In a high-production environment, many automotive parts manufacturers have moved from manual deburring processes - where the deburring of each part utilised a nylon disc brush and was hand-flipped by an operator - to techniques that employ use of robotic loading, where each part is concurrently brushed on both upper and lower edges via large-diameter radial brushes that approach the spindle-clamped part on two axes.
These current deburring machines are often self-contained, allowing for the use of coolant throughout the operation. And because to the special nature of this high-quantity parts production environment, variable-speed brush motors offer optimal optimization of the process to accept diverse components. Finally, enhanced product quality, less process downtime, and greater productivity are all actual advantages of deburring in the automobile industry.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value in 2023 | US$ 850 Million |
| Projected Market Value in 2033 | US$ 1,500 Million |
| Growth Rate (2023 to 2033) | 5.8% CAGR |
According to latest research estimates, Deburring Machine market is projected to witness Moderate growth over the coming decade. The Market is projected to record CAGR around 4-5% during period of 2021 to 2031 It has experienced raise in demand in past few years and it is expected that this growth will continue to raise in upcoming period. Raising use of deburring operations to enhance the product quality is raising the demand.
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Deburring is a machining technique that improves the final quality of a product by eliminating raised edges and undesirable fragments of material left by the previous machining processes, known as burrs, which also increases the life span of product, owing to above mention advantages a deburring machine is highly popular amongst the production plant end users, along with that removing burrs from machine products makes its size to fit properly to the product assembly. Which is also a prime reason for the enhancement in market sales for deburring machine.
Deburring machines save the time by finishing deburring of multiple products at a time as compared to manual deburring of machined product, which increases the production capacity of end users, this advantage has increased the demand from the production sector.
Demand from metalworking products, construction materials such as ceramics as well as plastics in consumer durables, building materials and industrial components is likely to drive the market growth. The aorta of deburring machines sales and usage is from finishing and polished items from the abovementioned end use industry verticals which have been growing a sound growth rate in years.
The industrial advancement across several geographies the globe is driving factor for the growth of various supporting sectors like Production, Construction, shipping, transportation and others. Deburring solutions are growing with advancements in production technologies along with industrial sector and it is anticipated to raise in forecast period which has attracted the investments for betterment and precise production of machine parts and tools, Deburring Machine is one of the prime equipment which made deburring process easier and faster, Thus it has created a vital scope in various Business plants which has led to enhancement in its demand in various Industries and this demand is anticipated to raise in forecast period.
Principal Consultant
North America is projected to hold a prominent market share over the upcoming period due to ongoing growth in industrial production and construction sector in the region which is boosting the growth of the market for Deburring Machines, also USA is witnessing high growth in Automotive sector which the key factor that drives the demand towards the North American Region, also it holds the presence of some of the prime manufacturers.
Europe is expected to be another notable market of growth from countries i.e. Germany, United kingdom, Russia and others which have high index for industrial production growth and this growth is expected to boost the sales growth for the market in the European region.
Some of the leading manufacturers and suppliers of Deburring Machine include
Leading manufacturers are focused on expansion of their manufacturing facilities along with sales and distribution network in emerging markets across the globe. Also, continuing efforts are being made to further improve the cost and performance parameters for different applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Deburring Machine Market
