Wilmington, Delaware, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “Global Robotic paint booth market by Type (4-axis, 6-axis, and Others), by Sales Type (Hardware and Service), by Robot Type (Traditional Industrial Robots and Collaborative Robots), by End User (Automotive, Aviation, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2031”. The Robotic paint booth market was valued at $ 3.09 billion in 2021 and is estimated to reach $ 10.68 billion by 2031, exhibiting a CAGR of 12.7% from 2022 to 2031.
Prime determinants of growth
The growth of the robotic paint booth market is driven by several key determinants. First, the increasing demand for automation in manufacturing enhances productivity and reduces labor costs, prompting industries to adopt robotic solutions. Second, advancements in robotics technology, such as improved AI and machine learning, enable more precise and efficient painting processes, further attracting manufacturers.
Download PDF Sample Copy: https://www.alliedmarketresearch.com/request-sample/A13538
Additionally, the focus on sustainability is pushing companies to minimize waste and use eco-friendly coatings, which robotic systems can optimize. Safety regulations in various industries also necessitate advanced equipment, as robotic paint booths reduce human exposure to hazardous materials. Moreover, the versatility of these systems—capable of handling both liquid paints and powder coatings—broadens their applicability across sectors like automotive, aerospace, and furniture. Lastly, the ongoing trend towards customization and flexibility in production lines aligns with the programmability of robotic paint booths, making them an essential investment for modern manufacturers aiming for high-quality and efficient output.
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2024–2032 |
| Base Year | 2023 |
| Market Size in 2021 | $ 3.09 billion |
| Market Size in 2031 | $ 10.68 billion |
| CAGR | 12.7% |
| No. of Pages in Report | 286 |
| Segments Covered | Type, Robot Type, End User, Sales Type, and Region |
| Drivers |
|
| Opportunities |
|
| Restraint |
|
Others segment dominated the market in 2021
By type, others segment held the highest market share in 2021. This segment includes 5-axis painting robots, which use 3-axis for base motions and other 2-axis for applicator orientation. These robots experience high vibrations during operation. Growing demand for utilization of robotics and adoption of automated robot technology across various industries are the major factors driving the growth of the market. In addition, robotic paint booth equipment makes the overall process faster and cost effective and reduces the risk of errors. In addition, major players are adopting robot launch and acquisition as key strategies to sustain the competition and improve the robot portfolio.
Buy This Research Report (210 Pages PDF with Insights, Charts, Tables, Figures)
Collaborative robot segment dominated the market in 2021
By robot type, the Collaborative robot segment held the highest market share. Rise in integration of collaborative robots enhances the speed and flexibility of production. In addition, the increase in adoption of these robots in various industries, such as healthcare, electronics, and aerospace sectors is expected to boost the growth of the robotic paint booth market during the forecast period. In addition, major key players are focusing on adopting product launch and acquisition as key strategies to sustain the competition and improve the product portfolio.
Others segment dominated the market in 2021
By end user, the others segment held the highest market share. The others segment include plastic, defense, consumer goods, and paper & pulp industries. Increasing cost pressures and rise in demand for sustainable production are increasing the demand for painting and coating automation to maximize the use of available resources without wasting them. Paint and coating products extend the life of the product and increase its resistance to moisture and dust.
Hardware segment dominated the market in 2021
By sales type, the hardware segment held the highest market share. Hardware includes robots, atomizers, controllers, and other components. Hardware is customized according to industry-specific needs depending on the product to be painted. The hardware sector for 3D printing is evolving rapidly as companies constantly improve the available systems and develop entirely new hardware solutions. Specific hardware for robotic painting process allows for flexibility and ease of use. In addition, increased use of robots, rise in acceptance of AI solutions, and the rapid development of smart factories are expected to increase the demand of the robotic paint booth during the forecast period.
Asia Pacific region is expected to continue its dominance throughout forecast period
By region, Asia Pacific leads the robotic paint booth market in 2021. The Asia-Pacific market is expected to experience high growth rates due to rapid urbanization, the presence of emerging markets, and increased manufacturing and construction activities in the automotive and commercial sectors. The Republic of Korea, Taiwan, India, and Thailand are few of the major markets where the supply of robotic paint booth is growing significantly in Asia-Pacific. In addition, an increase in personal disposable income is expected to promote the adoption of effective robotic paint booth and their accessories in automobile development.
Inquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A13538
Key Players: -
- ABB LTD
- CMA Robotics Spa
- Durr AG
- Epistolio Robot
- Fanuc America Corporation
- Graco Inc.
- Kawasaki Heavy Industries Ltd.
- KUKA Aktiengesellschaft
- Staubli International AG
- Yaskawa Electric PTE LTD.
- Fujitronics KK
- Crocodile Paint Booth
- Eisemann INC.
- Giffin Inc.
- Junair
- Fanuc Automation
- Varnish.Tech S.r.l
The report provides a detailed analysis of these key players in the global robotic paint booth 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.
Recent Development
- In May 2022, ABB launched first robot-painted art car with Advait Kolarkar and Dubai-based digital design collective Illusorr. This is expected to help ABB meet demand for sustainability and personalization in the automotive industry.
- In May 2021, Dürr installed its first automatic painting line in Uruguay with Nordex Uruguay Brazil to supply a fully automated painting line. This offers smart painting technology which is beneficial for its sustainability.
Trending Reports
Manual Paint Spray Machine Market Size, Share, Competitive Landscape and Trend Analysis Report
Painting Robots Market Size, Share, Competitive Landscape and Trend Analysis Report https
Robotic Drilling Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report
Adaptive Robotics Market Size, Share, Competitive Landscape and Trend Analysis Report
Robotic Total Station Market Size, Share, Competitive Landscape and Trend Analysis Report
Robotic Floor Scrubber Market Size, Share, Competitive Landscape and Trend Analysis Report
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
Wilmington, Delaware
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle, Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
