The Spray Painting Robots Market is anticipated to hit $836.65 million by 2023 at a CAGR of 4.39%.
According to the new market research report by IndustryARC titled “Spray Painting Robots Market By Type (Air, Airless, Electrostatic); By End-User (Automotive, Shipping, Instruments, and Components,Building and Others) and By Geography (North America, Europe, China, Japan, India, Southeast Asia, and RoW) – Forecast (2018 to 2023)”, the market will be driven by the rising awareness among various industries about the numerous benefits of the robots.
APAC holds the largest market share in the Spray Painting Robots Market
Asia Pacific region holds the largest market share and growth in the Spray Painting Robots Market and is anticipated to reach $292.35 million by 2023 at a CAGR of 6.55%. The Asia Pacific emerged as the potential and growing market for automotive industry owing to the presence of a large number of automotive OEMs and parts manufacturers in this region and the growing need to improve quality and efficiency of painting is motivating the utilization of advanced finishing technologies and products in painting line. This has created a raft of growth opportunities for the Spray Painting Market in this region. The key end users in this region include automotive and building among others.
Selected Value Chain Analysis Done in the Full Report
• In the initial stage, raw materials such as steel, cast iron, and aluminum are procured from the raw material suppliers. Next, in the manufacturing stage, design and fabrication of the robot will be done.
• Since most manufacturers have their own basic machine design to which they incorporate modifications and accessories to meet the specific requirements of the application, the assembling can be done then and there using electric motors, hydraulic cylinders, bearings, wiring, controllers and other important parts.
• The next adding is the link that acts as an elbow and connects the arm to the base. With this step, the mechanical assembly will formally be completed.
• Finally, the spray painting robots are produced by mechanical assembly and the wiring. Thus, spray painting robots are supplied directly or outsourced to third-party installations, distributors and various end-user industries such as the automobile industry, the shipping industry instrument, building etc;
Excerpts on Market Growth Factors
• Since painting application is one of the major consumption areas of both automotive and robotic industries, the growth of automotive robots in North America is expected to drive the growth of spray paint robots during the forecast period.
• The Robotic spray painting process is an easy and fun loving one and with the increased adoption of automation and new innovations in technologies, robotics are driving the consumers for the adoption of robotics in many industry verticals for better quality and with almost no material lost.
• The growing automotive industry globally infers the uptrend of the automotive industry in India.
• The development of innovative painting robots is likely to grow the adoption rate of building activities in Singapore.
• Air spray systems are the most versatile of any robotic painting system and they find use in a wide variety of applications.
• In the automotive industry, air spray robots are used for painting automotive exterior components such as window surrounds, lamp bezels etc.
• The most widely used form of paint application in the shipbuilding industry is the airless sprayer.
• Air spray systems are the most versatile of any spray painting systems and they find use in a wide variety of applications.
• The world annual consumption is 2283.3 MT and is projected to continue to rise at a CAGR of 6.18% during the forecast period.
• The fastest growth rate till 2021 in the Spray painting robots market is projected to come from applications such as instruments & components and automobile.
• Shortages of skilled workers, concerns about rising labor costs and encountering higher product quality levels established by overseas competitors with robots are some of the major drivers that are responsible for the growth of spray painting robots in the shipping industry.
To access the full report browse the link below
https://industryarc.com/Report/18633/spray-painting-robots-market.html?
Key players of Spray Painting Robots Market:
• Many research and development activities are carried out by major key players in the market, to bring out more and more applications in the building sector.
• The high-voltage electrostatic spray-painting technology with a high-speed rotary bell used in spray-painting robots was developed by the BMW Company in Germany, which has greatly promoted the development of spray painting technology.
• Japan-based Yasakawa Electric Corporation is the major spray painting robots manufacturer; the company had partnered with U.S. based Motoman robotics to sell their products in the Americas region under the brand name of Yaskawa Motoman Robotic.
• Japan based FANUC is the second major manufacturer of painting robots with a product portfolio of 26; Kawasaki has a product base of 11. KUKA is the major producer of painting robots possessing 39 products in its products range, followed by German based Staubli Mechatronics company.
• FANUC merges its North American and South American business into single entity company, FANAC America Corp which includes 12 locations in the U.S., 2 in Canada, and 5 in South America.
APAC holds the largest market share in the Spray Painting Robots Market
Asia Pacific region holds the largest market share and growth in the Spray Painting Robots Market and is anticipated to reach $292.35 million by 2023 at a CAGR of 6.55%. The Asia Pacific emerged as the potential and growing market for automotive industry owing to the presence of a large number of automotive OEMs and parts manufacturers in this region and the growing need to improve quality and efficiency of painting is motivating the utilization of advanced finishing technologies and products in painting line. This has created a raft of growth opportunities for the Spray Painting Market in this region. The key end users in this region include automotive and building among others.
Selected Value Chain Analysis Done in the Full Report
• In the initial stage, raw materials such as steel, cast iron, and aluminum are procured from the raw material suppliers. Next, in the manufacturing stage, design and fabrication of the robot will be done.
• Since most manufacturers have their own basic machine design to which they incorporate modifications and accessories to meet the specific requirements of the application, the assembling can be done then and there using electric motors, hydraulic cylinders, bearings, wiring, controllers and other important parts.
• The next adding is the link that acts as an elbow and connects the arm to the base. With this step, the mechanical assembly will formally be completed.
• Finally, the spray painting robots are produced by mechanical assembly and the wiring. Thus, spray painting robots are supplied directly or outsourced to third-party installations, distributors and various end-user industries such as the automobile industry, the shipping industry instrument, building etc;
Excerpts on Market Growth Factors
• Since painting application is one of the major consumption areas of both automotive and robotic industries, the growth of automotive robots in North America is expected to drive the growth of spray paint robots during the forecast period.
• The Robotic spray painting process is an easy and fun loving one and with the increased adoption of automation and new innovations in technologies, robotics are driving the consumers for the adoption of robotics in many industry verticals for better quality and with almost no material lost.
• The growing automotive industry globally infers the uptrend of the automotive industry in India.
• The development of innovative painting robots is likely to grow the adoption rate of building activities in Singapore.
• Air spray systems are the most versatile of any robotic painting system and they find use in a wide variety of applications.
• In the automotive industry, air spray robots are used for painting automotive exterior components such as window surrounds, lamp bezels etc.
• The most widely used form of paint application in the shipbuilding industry is the airless sprayer.
• Air spray systems are the most versatile of any spray painting systems and they find use in a wide variety of applications.
• The world annual consumption is 2283.3 MT and is projected to continue to rise at a CAGR of 6.18% during the forecast period.
• The fastest growth rate till 2021 in the Spray painting robots market is projected to come from applications such as instruments & components and automobile.
• Shortages of skilled workers, concerns about rising labor costs and encountering higher product quality levels established by overseas competitors with robots are some of the major drivers that are responsible for the growth of spray painting robots in the shipping industry.
To access the full report browse the link below
https://industryarc.com/Report/18633/spray-painting-robots-market.html?
Key players of Spray Painting Robots Market:
• Many research and development activities are carried out by major key players in the market, to bring out more and more applications in the building sector.
• The high-voltage electrostatic spray-painting technology with a high-speed rotary bell used in spray-painting robots was developed by the BMW Company in Germany, which has greatly promoted the development of spray painting technology.
• Japan-based Yasakawa Electric Corporation is the major spray painting robots manufacturer; the company had partnered with U.S. based Motoman robotics to sell their products in the Americas region under the brand name of Yaskawa Motoman Robotic.
• Japan based FANUC is the second major manufacturer of painting robots with a product portfolio of 26; Kawasaki has a product base of 11. KUKA is the major producer of painting robots possessing 39 products in its products range, followed by German based Staubli Mechatronics company.
• FANUC merges its North American and South American business into single entity company, FANAC America Corp which includes 12 locations in the U.S., 2 in Canada, and 5 in South America.
Nice to know about the spray painting robots. Thanks for the sharing the knowledge shared in detail here. If you want to know about the Electrostatic Painting Cost in Sydney, we will help you. Know more about the same by dialing 1800 825 258.
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