The increase in demand in automotive industry majorly drives the painting robots market, as these robots defeat the requirement of highly skilled painters eliminating the risks of leaving behind paint drips, inconsistency, and overspray. Higher rate of accuracy in painting of large components within optimized time is possible due to the reliability, capability, and precision of the program. This, in turn, boosts the demand for painting robots. However, high product and installation cost is expected to hamper the market growth.
The painting robots market is segmented into type, application, end user, and region. By type, it is categorized into floor-mounted painting robots, wall-mounted painting robots, rail-mounted painting robots, and others. In 2016, floor-mounted painting robots segment dominated the global market, in terms of revenue, and is expected to maintain this trend throughout the coming years. Based on application, it is classified into interior painting and exterior painting. Interior painting is anticipated to dominate the global painting robot market throughout the forecast period.
Painting Robots Market by Type Rail-mounted Painting Robot, Wall-mounted Painting Robot, Floor-mounted Painting Robot, Others Application Exterior Painting, Interior Painting End User Construction, Automotive, Aerospace, Others – Global Industry Analysis & Forecast to 2025
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Industry Outlook and Trend Analysis
The Painting Robots Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Paint robots have been utilized for quite a long time in applications of automotive paint. Early paint robots were water driven renditions – which are still being used today however are of substandard quality and wellbeing – to the most recent electronic contributions. The latest robots are precise and convey results with uniform film assembles and accurate thicknesses. Initially modern paint robots were extensive and costly, yet robot costs have come down to the point that general industry would now be able to manage the cost of a similar dimension of robotization utilized by the huge automotive producers.
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Fanuc
Durr Systems
Epistolio S.r.l
ABB
Kuka Robotics
Yaskawa
Kawasaki Robotics
Staubli
CMA Robotics
Krautzberger
Drivers and Restraints
The expansion in demand of the automotive industry significantly drives the work of art robots market, as these robots rout the necessity of exceptionally gifted painters wiping out the risk of remaining paint trickles, irregularity, and overspray. Higher rate of exactness in painting of expansive parts inside enhanced time is conceivable because of unwavering quality, ability, and accuracy of the program. This thusly supports the interest for painting robots. In any case, high item and establishment cost is anticipated to hamper the market development.
Regional Insights
Asia Pacific will observer plummet in the painting robot market, nations including India, Japan, China and Korea are driving the automotive business around the world. With wide acknowledgment of new innovation, these locales are developing at an exceptionally quick pace.
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Painting Robots Market, By Type, Estimates and Forecast, 2014-2025 $Million
o Rail-mounted Painting Robot
o Wall-mounted Painting Robot
o Floor-mounted Painting Robot
o Others
Painting Robots Market, By Application, Estimates and Forecast, 2014-2025 $Million
o Exterior Painting
o Interior Painting
Painting Robots Market, By End User, Estimates and Forecast, 2014-2025 $Million
o Construction
o Automotive
o Aerospace
o Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition? Market Classification
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