TMR Research has recently published a new research report that provides a detailed information about the overall working dynamics of the global mobile blasting systems market. The research report tries to shed light on the key segments of the global market, the competitive landscape, and the general geographical outlook of the mobile blasting systems market for the given course of the forecast period ranging from 2019 to 2029. The Mobile Blasting Systems market report provides analysis and information according to market segments such as product type, size, material, and end use industries.
As per market analysts, the global mobile blasting systems market is divided into seven geographical regions- North America, Latin America, Europe, East Asia (China, Japan and South Korea ), South Asia (India, Thailand, Indonesia, Malaysia, Philippines, and Rest of South Asia), Middle East and Africa. Regional segment Oceania include New Zealand and Australia.
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Owing to expansion of manufacturing and construction industries in the region, South Asia mobile blasting market is anticipated to account for maximum share in the global market over the forecast period.
Meanwhile, significant upsurge in demand for mobile blasting system has been recorded in India, China, and South Korea. The upsurge in demand is ascribed to rise in production of automobiles in these countries. This, in turn, is projected to boost the Asia Pacific mobile blasting market during the forecast period.
European market will be followed by North America mobile blasting systems market. These regional markets is estimated to exhibit mild growth rate in the forecast period. Mild growth rate is attributed to strict regulatory norms regarding the emission of these systems.
Regional mobile blasting market in Oceania and Middle East Asia is projected to lag as compared to other regional market, due to low demand rate in countries of these regions.
The global mobile blasting systems market is driven by construction industry. It is primarily used for industrial cleaning, on-site preparation of metal surfaces for coating, and corrosion removal.
Furthermore, in recent years, application of mobile blasting systems has gained significant impetus in other end-use industries as well. As per market analysts, the automotive and shipping industries are anticipated to boost the mobile blasting systems market during the forecast period (2019-2029).
High Operational Consistency Brings Momentum to Mobile Blasting Systems Market
Growing demand for specialist equipment that offers environmental friendly and high blasting solutions are major factors driving the global mobile blasting systems market. Moreover, growing demand from end-use industries to enhance safety of operators, cost-effective blasting solutions, and high operational consistency is estimated to bring momentum to the global mobile blasting systems market.
On the other hand, growth curve of the global mobile blasting systems market has flattened from first quarter of 2020. This is due to outbreak of COVID-19 across the world. The pandemic has resulted in shut down of plants globally.
The statewide lockdown due to pandemic has exposed various challenges to stakeholders in the global mobile blasting systems market.
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The global mobile blasting systems market is highly fragmented in nature and has been witnessing intense competition due to presence of both regional and international manufacturing companies in the makret. Some of the key companies in the global market are Gritco, S.L., FeVi Blasting, International Surface Technologies, Shanghai Shengchang Industry Equipment, FerroCrtalic d.o.o., Protech, Wheelabrator, and CB Sabbiatrici.