Robotic Paint Booth Market By Type (4 Axis, 6 Axis, Others), By Sales type (Hardware, Service), By Robot type (Traditional industrial robots, Collaborative robots), By End-user industry (Automotive, Aviation, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global robotic paint booth market was valued at $3,093.9 million in 2021, and is projected to reach $10,676.38 million by 2031, registering a CAGR of 12.7% from 2022 to 2031. The robotic painting unit performs various functions such as applying primer, base coat, and final coat. It can also be used for spraying water, anti-rust coating, and powder-based materials. The robotic paint booth is highly customizable and programmable according to the need of the end user, which makes it a valuable asset of the manufacturing unit.
The adoption of automation in the painting process is increasing with the advent of Industry 4.0 in factory automation. Stable coating and coating quality and automated mass production are essential for mass production in manufacturing facilities globally. In addition, the robot painting booth is highly customizable and the training cost is low, which increases the growth of the robotic paint booth market. In addition, increased spending in the defense and automotive industries is expected to serve as another key growth factor. In the defense industry, various components are disguised with this technology and it used in the automotive industry to paint vehicle exteriors and interiors with a high-quality, consistent, dust-free finish while minimizing waste. In addition, advances in technology, such as self-learning programming are driving market growth as robots can record and store operator movements and replicate them perfectly at the time of painting. Such factors increase the demand for the robotic paint booth.
Major players are adopting product launch and acquisition as key developmental strategies to improve the product portfolio of the robotic paint booth market. For instance, in May 2022, Dürr presented a new digital solutions for the paint shop of the future under the motto Digital Intelligence by Dürr. This is expected to help mechanical and plant engineering firm build flexible and scalable production layouts.
The COVID-19 pandemic forced many companies in the global robotic paint booth market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts revenue flow of the global robotic paint booth market. In addition, there is a halt in manufacturing of industrial products, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments are received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months has affected the global robotic paint booth market and the market is anticipated to witness a slow recovery rate during the forecast period.
The robotic paint booth market is segmented into type, sales type, robot type, end-user, and region. By type, the robotic paint booth market is categorized into 4-axis, 6-axis, and others. The others segment dominated the global robotic paint booth market, in terms of revenue in 2021, and is expected to maintain this trend in the coming years.
On the basis of sales type, the robotic paint booth market is fragmented into hardware and service. The hardware segment is anticipated to dominate the global robotic paint booth market during the forecast period.
On the basis of robot type, the robotic paint booth market is fragmented into traditional industrial robots and collaborative robots. The traditional industrial robots segment was the highest revenue contributor to the market in 2021.
On the basis of end user, the robotic paint booth market is categorized into automotive, aviation, and others. The others segment was the highest revenue contributor of the robotic paint booth market in 2021.
By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific region is expected to hold the highest market share during the forecast period.
The key players profiled in the robotic paint booth market report include, ABB, CMA Robotics Spa, Durr AG, Epistolio Robot, Fanuc America Corporation, Graco Inc., Kawasaki Heavy Industries Ltd., KUKA Aktiengesellschaft, Staubli International AG, Yaskawa Electric Corporation., Fujitronics KK, Crocodile Paint Booth, Eisemann Inc., Giffin Inc., Junair, Fanuc Automation and Varnish.Tech S.r.l
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the robotic paint booth market analysis from 2021 to 2031 to identify the prevailing robotic paint booth market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the robotic paint booth market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global robotic paint booth market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
4 Axis
6 Axis
Others
By Sales type
Hardware
Service
By Robot type
Traditional industrial robots
Collaborative robots
By End-user industry
Automotive
Aviation
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Spain
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
ABB
Dürr Group
Eisenmann GmbH
FANUC Corporation
GIFFIN
Kawasaki Heavy Industries, Ltd.
Stäubli International AG
Yaskawa Electric Corporation
Junair Spraybooths
Varnish.Tech S.r.l
Fanuc Automation
Crocodile Paint Booth
Fujitronics KK
KUKA Aktiengesellschaft
Graco Inc.,
Epistolio Robot
CMA Robotics Spa
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