Europe Surface Preparation Machine Market to Reach £218.8 million, by 2033 at 5.5% CAGR: Allied Market Research

Europe Surface Preparation Machine Market Size, Share, Competitive Landscape and Trend Analysis Report

WILMINGTON, DE, UNITED STATES, September 24, 2024 /EINPresswire.com/ -- Construction and infrastructure development, surge in repair and renovation, and rise in marine and industrial infrastructure drive the growth of the Europe Surface Preparation Machine market.

Allied Market Research published a report, titled, “Europe Surface Preparation Machine Market By Power Source (Pneumatic And Battery Operated), End User (Marine, Construction, Industrial, And Oil And Gas) And Application (Grinding, Polishing, Shot Blasting, Scarifying, And Others): Regional Opportunity Analysis And Industry Forecast, 2024–2033". According to the report, the Europe surface preparation machine market was valued at £129.3 million in 2023 and is projected to reach £218.8 million by 2033, registering a CAGR of 5.5% from 2024 to 2033.

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Prime determinants of growth

Construction and infrastructure development, surge in repair and renovation, and rise in marine and industrial infrastructure drive the growth of the Europe Surface Preparation Machine market. However, the market also faces restraints as surface preparation machines require skilled labor for their operation. Despite these challenges, the Surface Preparation Machine market in Europe continues to evolve, driven by innovation and a growing emphasis on sustainability.

The battery operated segment to maintain its leadership status throughout the forecast period

Based power source, the cooling condensation segment held the highest market share in 2023, accounting for more than half of the Europe Surface Preparation Machine market revenue, and is estimated to maintain its leadership status throughout the forecast period. Battery operated surface preparation machines are portable and easy top operate without requiring the electrical output. On the other hand, the pneumatic segment is projected to manifest the highest CAGR of 5.0% from 2024 to 2033. Pneumatic operated machines utilize pressurised air that drives the machines.

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The grinding segment to maintain its leadership status throughout the forecast period

Based on application, the grinding segment held the highest market share in 2023, accounting for more than one-third of the Europe Surface Preparation Machine market and is estimated to maintain its leadership status throughout the forecast period. These machines are crucial for achieving precise surface finishes and meeting stringent quality standards. In addition, marine and other industries also utilize grinding machines to remove rust from the top surface. Furthermore, tailoring surface grinding machines to meet specific industry needs, such as aerospace, automotive, and marine sectors, presents opportunities for market differentiation. However, the scarifying segment is projected to manifest the highest CAGR of 7.0% from 2024 to 2033. There is rise in demand for versatile scarifying machines, which can be customized for different applications, such as concrete surface preparation, asphalt removal, and floor levelling. Machines with adjustable cutting depths and interchangeable tools are becoming more popular.

The construction segment to maintain its lead position during the forecast period

Based on end user, the construction segment accounted for the largest share in 2023, contributing to more than one-third of the Europe Surface Preparation Machine market revenue, and is projected to maintain its lead position during the forecast period. In Europe surface preparation machine market, the construction segment focuses on providing specialized equipment and technologies for surface preparation tasks within residential, commercial, and infrastructure projects. Surface preparation in construction is critical for ensuring proper adhesion of coatings, overlays, and other materials, as well as for maintaining structural integrity and aesthetics. However, the marine segment is expected to portray the largest CAGR of 6.6% from 2024 to 2033. Europe has historically been known for its large marine industry, especially for its ship renovation and maintenance industry. The marine industry is expected to witness a major surge in Europe which is expected to drive the market growth for surface preparation machines in the near future.

Rest of Europe to maintain its dominance by 2033

Based on country, Rest of Europe held the highest market share in terms of revenue in 2023, accounting for more than one-fifth of the Europe Surface Preparation Machine market revenue, and is likely to dominate the market during the forecast period. Moreover, the Spain is expected to witness the fastest CAGR of 5.9% from 2024 to 2033.

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Leading Market Players: -

National Flooring Equipment

Terrco Inc

Substrate Technology

EDCO, Inc.

Husqvarna

Klindex

Scanmaskin Sverige AB

Von Arx EOOD

Rustibus

Teryair

MacDonald Air Products

DEN-JET

SPE Contracting

Pantheon Concrete Surface Preparation Equipment and Material (Onyx)

NSS Enterprises

Bartell

SASE COMPANY, LLC

Nitto Denko Corporation

Aztec Products

COGRI Group.

The report provides a detailed analysis of these key players in the Europe Surface Preparation Machine market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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David Correa
Allied Market Research
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