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Global Shot Peening Machines Market | Need For Superior-quality Products to Boost the Market Growth | Technavio

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The global shot peening machines market size is poised to grow by USD 32.33 million during 2020-2024, progressing at a CAGR of almost 2% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

The global shot peening machines market is driven by the need for superior-quality products. Manufacturers across the globe are adopting state-of-the-art tools due to the need to achieve increased productivity without compromising on product quality. On-time delivery has also become a major criterion for purchase across industries. The use of proper peening machines for treating desired components is essential to determine the quality of the product, which has led to the adoption of shot peening machines that enhance material properties.

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Report Highlights:

  • The major shot peening machines market growth came from the manufacturing segment in 2019, and is expected to register the highest growth during the forecast period.
  • APAC was the largest shot peening machines market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the need for new residential and commercial infrastructure for the expanding urban population base.
  • The global shot peening machines market is fragmented. AGTOS GmbH, C.M. Surface Treatment Spa, Engineered Abrasives Inc., Norican Group, Pangborn LLC, Rosler Oberflachentechnik GmbH, Shockform Aeronautique Inc., Sintokogio Ltd., SONATS EUROPE TECHNOLOGIES, and TOYO SEIKO Co. Ltd. are some of the major market participants. To help clients improve their market position, this shot peening machines market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the global shot peening machines market 2020-2024 is expected to have neutral growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Adoption of Robotic Peening Machines in Construction and Maintenance Activities will be a Key Market Trend

The robotic peening machines possess high efficiency and precision levels. Hence, they are significantly used in the modern manufacturing sector. These machines are capable of automated operation and control and are mostly fixed adjacent to the production line and thus, human intervention is almost eliminated. The robotic peening machines are also used in construction and maintenance activities. The robot scans the work structure using a computer and creates a virtual map. It then uses the virtual map to perform peening operations. The use of such technology can decrease the time required for construction and maintenance activities whilst reducing the hazards of peening operations on human operators.

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Shot Peening Machines Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist shot peening machines market growth during the next five years
  • Estimation of the shot peening machines market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the shot peening machines market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of shot peening machines market vendors

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Manufacturing – Market size and forecast 2019-2024
  • Construction – Market size and forecast 2019-2024
  • Energy – Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AGTOS GmbH
  • C.M. Surface Treatment Spa
  • Engineered Abrasives Inc.
  • Norican Group
  • Pangborn LLC
  • Rosler Oberflachentechnik GmbH
  • Shockform Aeronautique Inc.
  • Sintokogio Ltd.
  • SONATS EUROPE TECHNOLOGIES
  • TOYO SEIKO Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

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Email: [email protected]

Website: www.technavio.com/

News

FUNKO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Funko, Inc. – FNKO

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NEW ORLEANS, Dec. 5, 2020 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Funko, Inc. (NasdaqGS: FNKO).  

On February 5, 2020 the Company disclosed disappointing preliminary Q4 2019 results, including an 8% year-over-year decrease in net sales of $214 million, which the Company blamed in part on a $16.8 million charge to write down slow-moving inventory. Then, on March 5, 2020, the Company released its Q4 2019 and full year 2019 financial results, confirming that net sales for fourth quarter had decreased to $213.6 million due to, among other things, “softness at retail during the holiday season which led to a decrease in orders.”

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws.

KSF's investigation is focusing on whether Funko's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of Funko shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-fnko/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/funko-investigation-initiated-by-former-louisiana-attorney-general–kahn-swick–foti-llc-investigates-the-officers-and-directors-of-funko-inc—fnko-301186813.html

SOURCE Kahn Swick & Foti, LLC

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News

ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM

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NEW ORLEANS, Dec. 5, 2020 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Zoom Video Communications, Inc. (NasdaqGS: ZM).

On November 10, 2020, following its investigation spanning over a year, the Federal Trade Commission announced a settlement with the Company over charges that it misled users regarding the level of security protecting its video conferencing services, giving users a false sense of security and exposing them to security breaches.  The settlement requires the Company to “implement a robust information security program,” prohibits “privacy and security misrepresentations,” and levies fines of up to $43,280 for each future violation.

The Company has also been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which is ongoing. 

KSF's investigation is focusing on whether Zoom's officers and/or directors breached their fiduciary duties to Zoom's shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of Zoom shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-zm/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
206 Covington St.
Madisonville, LA 70447

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/zoom-video-investigation-initiated-by-former-louisiana-attorney-general–kahn-swick–foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc—zm-301186812.html

SOURCE Kahn Swick & Foti, LLC

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News

SUPER MICRO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Super Micro Computer, Inc. – SMCI

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NEW ORLEANS, Dec. 5, 2020 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Super Micro Computer, Inc. (NasdaqGS: SMCI).  

On October 26, 2017, the Company disclosed an investigation into revenue recorded in 2Q 2017 (ended 12/31/2016), extending a prior delay for filing its 2017 10-K.  Then, on August 22, 2018, the Company disclosed that its stock was being delisted for its ongoing failure to file its 2017 10-K and 10-Q reports.  Then, on November 15, 2018, the Company disclosed that its financial statements for each of the quarterly and annual periods during FY15, FY16 and the first three quarters of FY17 should no longer be relied upon because of errors “primarily related to the timing of recognition of revenue and classification of certain inventory.” Then, on May 17, 2019, the Company filed restated financial results for FY15-FY17, also describing material weaknesses in internal controls, including “a culture of aggressively focusing on quarterly revenue without sufficient focus on compliance,” among other things. 

On August 25, 2020, the SEC issued cease and desist orders against the Company and certain executives for violations of federal securities laws, including “antifraud, reporting, books and records, and internal accounting controls provisions,” and fined the Company $17.5 million.

The Company has also been sued in a securities class action lawsuit for failing to disclose material information to investors, violating federal securities laws, which is ongoing.

KSF's investigation is focusing on whether Super Micro's officers and/or directors breached their fiduciary duties to Super Micro's shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of Super Micro shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit http://ksfcounsel.com/cases/nasdaqgs-smci/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/super-micro-investigation-initiated-by-former-louisiana-attorney-general–kahn-swick–foti-llc-investigates-the-officers-and-directors-of-super-micro-computer-inc—smci-301186811.html

SOURCE Kahn Swick & Foti, LLC

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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