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The global orbital polisher market is being aided by the rising automotive polishing machine market. The global automotive polishing machine market is expected to grow at a CAGR of 8.8% in the forecast period of 2024-2032.
Global Orbital Polisher Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | XX |
Market Size 2032 | USD Billion | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 8.8% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 10.4% |
CAGR 2024-2032 - Market by Country | India | 11.2% |
CAGR 2024-2032 - Market by Country | Brazil | 10.4% |
CAGR 2024-2032 - Market by Type | Dual-Action | 9.7% |
CAGR 2024-2032 - Market by Application | Airplanes | 9.5% |
Market Share by Country 2023 | Italy | 3.1% |
The market for orbital polisher is expected to be driven by the rising preference for orbital polisher from the beginners and professional customers who are expected to offer significant growth opportunities for the market growth over the forecast period. Region-wise, the Asia Pacific region is predicted to be driven by the recovery of shipbuilding activities in the region over the forecast period. In the developed regions like North America and Western Europe, the market is expanding owing to rising demand for passenger vehicles and growing traction towards leisure boating. In Latin America and the Middle East and Africa, the market for orbital polisher is predicted to witness a huge growth owing to the rising investments in the automotive industry in the regions.
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Orbital polisher is used for polishing a surface, especially in the marine and automotive applications. Unlike the high-speed car buffers that apply high pressure at one specific spot, the orbital polisher works at a low speed and is light in weight, causing no danger of focusing the torque to the surface. Orbital polisher is an ultra-safe alternative to the high-speed car buffer for the purpose of regular polishing and waxing of the vehicle.
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CAGR 2024-2032 - Market by | Type |
Dual-Action | 9.7% |
Random | 9.3% |
Standard | XX% |
Others | XX% |
On the basis of type, the market is divided into:
CAGR 2024-2032 - Market by | Application |
Airplanes | 9.5% |
Marine | 9.1% |
Automotive | XX% |
Others | XX% |
Based on application, the industry can be segmented into:
CAGR 2024-2032 - Market by | Region |
Asia Pacific | 10.4% |
Middle East and Africa | 9.5% |
Latin America | 8.4% |
North America | 7.9% |
Europe | 7.5% |
CAGR 2024-2032 - Market by | Country |
India | 11.2% |
Brazil | 10.4% |
China | 10.1% |
Canada | 8.1% |
UK | 7.9% |
USA | XX% |
Germany | 7.6% |
France | XX% |
Italy | XX% |
Japan | XX% |
Saudi Arabia | XX% |
Mexico | XX% |
Australia | 7.1% |
2023 Market Share by | Country |
Italy | 3.1% |
USA | XX% |
Canada | XX% |
UK | XX% |
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market growth of orbital polisher is being driven by the rising demand from the automotive industry. The rising automotive production is the key factor for the expansion of the industry. Further, the expansion of the automotive industry, especially in some regions, is significantly contributing to the growth of several local and international companies of orbital polisher. The market is further aided by the heightened reliability of vehicles over the last decade, which is resulting in consumers keeping the old cars as their second vehicle instead of reselling or scraping them, thereby creating a demand for repair and maintenance of the vehicle, which is expected to boost the market growth of orbital polisher over the forecast period. However, the market growth might be restrained due to the availability of several alternatives in the waxing and polishing equipment market.
The report gives a detailed analysis of the following key players in the global orbital polisher market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 8.80% between 2024 and 2032.
The major market drivers include rising disposable incomes, growing automotive production, and rising demand for orbital polishers in developing regions.
The key trends guiding the market include rising investments in the automotive sector and the growing demand for repair and maintenance of automobiles.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of orbital polisher in the market are dual-action, random, and standard, among others.
The major applications of orbital polisher include airplanes, marine, and automotive, among others.
The major players in the market are Robert Bosch Power Tools GmbH, BLACK+DECKER Inc., Swarts Tools, Porter-Cable, and Griot's Garage Inc., among others.
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