Robotic Paint Booth

Robotic Paint Booth

Global Robotic Paint Booths Market to Reach $4.7 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Robotic Paint Booths estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$4.7 Billion by 2027, growing at aCAGR of 4.9% over the period 2020-2027. Paint Booths, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$2.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Paint Robots segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $930 Million, While China is Forecast to Grow at 8.4% CAGR

The Robotic Paint Booths market in the U.S. is estimated at US$930 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$957.4 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 42 Featured) -

• ABB Group
• Durr AG
• Eisenmann SE
• FANUC Corporation
• Yaskawa Motoman

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