Global Painting Robots market trends 2024, Forecast To 2033
4 Mar, 2024
The painting robots market size has experienced robust growth, climbing from$2.78 billion in 2023 to$3.03 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The expansion in the historic period is attributable to the industrial automation trend, stringent environmental regulations, improved efficiency and productivity, cost reduction efforts, enhanced safety in manufacturing, and increased automotive production, driven by the demand for high-quality finishes. Looking ahead, the market is poised for strong growth, reaching$4.27 billion in 2028 with a CAGR of 8.9%. This growth will be fueled by the demand for sustainable painting practices, customization in small-batch production, development of compact and portable painting robots, human-centric design focus, and global reshoring initiatives. Major trends in the forecast period include the rise of dual-arm painting robots, integration with smart manufacturing, 3D surface mapping and inspection, augmented reality (AR) for programming, human-robot collaboration safety standards, remote monitoring and maintenance, and the global expansion of industrial robotics.
Global Painting Robots Market Key Driver
The escalating demand for vehicles within the automotive sector is anticipated to propel the painting robots market forward. Fueled by economic expansion and rising living standards, the automotive industry is witnessing a surge in vehicle demand, leading to increased production volumes globally. Consequently, there is a growing need for painting robots to facilitate precise and consistent coatings application on automotive bodies. As reported by the European Automobile Manufacturers Association in April 2022, global automobile production reached 79.1 million units in 2021, marking a notable increase from the previous year. Moreover, the rising adoption of electric vehicles, highlighted by a significant 85% sales increase in 2021, as reported by the US Department of Energy in March 2022, further underscores the burgeoning demand driving the painting robots market.
Get A Free Sample Of The Global Painting Robots Market ReportGlobal Painting Robots Market Segments
The global painting robots market covered in this report is segmented –
1) By Type: Wall Mounted Painting Robot, Floor Mounted Painting Robot, Rail Mounted Painting Robot, Other Types
2) By Payload: Upto 5 Kg, Upto 15 Kg, Upto 45 Kg
3) By Configuration: 6 Axis, 7 Axis
4) By Application: Interior Painting, Exterior Painting
5) By End User: Transportation, Consumer Appliances, Foundry and casting, Furniture, Textiles, Construction, Heavy Engineering Equipment, Other End Users
By Geography: The regions covered in the painting robots market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the painting robots market in 2023. The regions covered in the painting robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Painting Robots Industry Players
FANUC Corporation, ABB Ltd., KUKA AG, Yasakawa Electric Corp., Kawasaki Heavy Industries Ltd., DURR AG, Staubli International AG, Krautzberger GmbH, CMA Robotics Spa, Epistolio S.r.l, Nanchang and Hangzhou Color Powder Coating Equipment Co., Lesta srl, Gaiotto Automation S.P.A., B M Surface Systems India, Nebula Robotics Private Limited, Fuji Automatic NUmerical Control, Varnish Tech s.r.l., Graco Inc., Comau S.p.A., Shanghai Fanuc Robotics Co. Ltd., Guangzhou Advance Robot Co. Ltd., Anhui Efort Intelligent Equipment Co. Ltd., Shanghai Jiechuang Automation Equipment Co. Ltd., Shanghai Yirui Automation Equipment Co. Ltd., Shanghai STEP Electric Corporation, Shanghai Pudong Machinery Complete Equipment Co. Ltd., Shanghai Triowin Intelligent Machinery Co. Ltd., Shanghai Yuke Industrial Co. Ltd., Shanghai Liangshi Blasting and Coating Equipment Co. Ltd., Shanghai Jingmi Robot Technology Co. Ltd.
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Painting Robots Market Overview
Painting robots refer to an automated and controlled painting technique that maintains a precise distance from the surface to ensure a uniform paint job regardless of where the robot is in its workspace. These painting robots use software, algorithms, sensors, and cameras to determine which spots to paint.
Painting Robots Global Market Report 2023 provides data on the global painting robots market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The painting robots market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.