Painting Robots Market

Painting Robots Market: Drivers and Challenges

Painting robots maximize a manufacturing company’s performance and minimize the cost of production with enhanced accuracy. Adoption of painting robots reduces error and risk margins, optimizes production cycle and subsequently, enables low cost production with lower use of painting material. Panting robots can also be used for varnishing and spraying. This, in turn, will fuel the demand for painting robots in the coming years.

The lion’s share of the market is expected to be held by automotive, aerospace and defence industries as painting robots eliminate the human error factor by eliminating skilled painters. Certain aspects of painting robots, for instance, high rate of accuracy in painting micro parts to huge parts within optimized time, coupled with the growth of end-use industries, such as automotive industry, will drive the demand of the market over the forecast period.  Moreover, the use of painting robots prevents employees or manual painters from VOC exposure as paints are considered carcinogenic. This factor is also anticipated to contribute towards the adoption of automated painting equipment.

Painting Robots Market: Regional Overview

Geographically, the painting robots market is segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, India, Middle East and Africa, and South East Asia and Pacific. Cumulatively, China, India, Japan, and South East Asia and Pacific are pegged to exhibit significant demand over the forecast period and hold a major share of the painting robots market, owing to the rapid urbanization and industrialization in these regions. Asia Pacific is anticipated to remain dominant over the forecast period as it is home to many key suppliers and manufacturers. The North America painting robot market is expected to witness significant growth due to the inclination of manufacturers towards technological advancements. Coats and paints contain harmful volatile organic compounds, thus the European Environment Agency (EEA) has established strict regulations on their use. As a result, Europe is expected to register gradual growth in the market. Also, due to similar reasons, manufacturers are strategically locating their production facilities in countries where the regulation on volatile organic compounds (VOCs) either do not exist or are relatively relaxed.

Global Painting Robots Market: Market Participants

Examples of some of the key players operating in the global painting robots market include,

• Kawasaki Heavy Industries, Ltd.
• ABB
• Durr AG
• Fanuc America Corporation
• Yaskawa Electric (Singapore) Pte Ltd
• CMA Robotics S.p.A Italy
• Staubli International AG
• Epistolio robot
• Krautzberger GmbH
• KUKA Aktiengesellschaft

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.