USD 3.43 Billion
Global Robotic Paint Booth Market Size, Share, Growth Analysis, By Type(Explosion-proof Type and Non-explosion-proof Type), By Application(Paint Booths and Paint Booth Robots), By End-User(Automotive and Non-automotive Sectors) - Industry Forecast 2024-2031
Report ID:
SQMIG10A2039 |
Region:
Global |
Published Date: April, 2024
Pages:
178
|
Tables:
84 |
Figures:
76
Global Robotic Paint Booth Market Insights
Global Robotic Paint Booth Market size was valued at USD 3.43 Billion in 2022 and is poised to grow from USD 3.55 Billion in 2023 to USD 5.62 Billion by 2031, growing at a CAGR of 5.9% in the forecast period (2024-2031).
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Market snapshot - (2024-2031)
Global Market Size
Largest Segment
Paint Booth
Fastest Growth
Paint Booth Robots
Growth Rate
5.9% CAGR
Global Robotic Paint Booth Market ($ Bn)
Country Share for North America Region (%)
Global Robotic Paint Booth Market By Type ($ Bn)
Global Robotic Paint Booth Market By Type (%)
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Global Robotic Paint Booth Market Segmental Analysis
Based on type, the market is categorized into explosion-proof type and non-explosion-proof type. Based on application, the market is classified into paint booths and paint booth robots. Based on end user, the market is segmented into automotive and non-automotive sectors. The market report has a vast scope and offers deep-dive analysis of five main regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
Analysis by Type
The paint booth dominates the market and is anticipated to grow significantly during the forecast period. This is because it is used for both painting and coatings. Contains excessive spray, smoke and paint particles, ensuring clean painting and maintenance. Paint booths are used in a variety of industries, such as automotive, aerospace, woodworking, metal fabrication, etc., where quality finishes and environmental monitoring are required.
The paint booth robot segment in the market is expected to grow at a probable rate during the forecast period. Paint booths are used in a variety of industries, such as automotive, aerospace, woodworking, and metalworking, where high quality finishes and environmental stewardship are required, but there are many benefits of these factors such as accuracy, efficiency and security of use. All such factors enhance the growth of the market.
Analysis by Application
The explosion proof segment dominated the robotic paint booths market share and is estimated to register the highest growth during the forecast period owing to several advantages associated with these systems, such as fire resistance and flammable materials in the booth blocking. This system is widely used in the automotive, aerospace and aerospace industries.
With increasing demand for these curtains from automotive, aerospace and furniture segments, the non-explosion-proof type segment is expected to register significant growth. If such curtains are used for painting and coatings all. It is generally cost-effective and suitable for applications where there is no risk of flammable materials in the painting. These factors will boost the segment.
Global Robotic Paint Booth Market By Type (%), 2022 (%)
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Global Robotic Paint Booth Market Regional Insights
Asia-Pacific is expected to dominate the market during the forecast period owing to growing demand for robotic paint booths from automotive, aerospace and furniture industries The region, especially China, India, Japan and South Korea, has witnessed rapid technological progress. This has increased the demand for advanced manufacturing and machining solutions. Furthermore, growth in the automotive industry in China, India and Japan will fuel market expansion during the forecast period. For example, according to a report by Daxue Consulting, South Korea’s automotive sector grew by 8.5% in 2022 compared to 2021. This factor will contribute to the success of the market in the country.
North America is expected to witness substantial growth during the forecast period owing to increasing investment in automation technology and increasing growth in automotive and furniture segments in the region. These factors are fueling the demand for regarding this initiative has been significant, which will enhance the market growth of the region.
Global Robotic Paint Booth Market By Geography, (2024-2031)
- Largest
- Fastest
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Global Robotic Paint Booth Market Dynamics
Drivers
Technological Advancements in Robotic Collar Looms
- Major companies, such as ABB Ltd, Kuka AG, Durr Group, Yaskawa Electric Corporation are involved in providing products with advanced technologies, such as Internet of Things (IoT) and consumption of industry 4.0 practices the great role is also the latest in the market. These devices incorporate artificial intelligence (AI) and machine learning algorithms to improve paint application efficiency, improve paint efficiency, and reduce waste. This technology can also enable maintenance predictable features, to ensure optimal robotic performance and minimal downtime.
- AR and VR technologies are being used to train and manage end users in the booth industry. This technology provides an immersive remote support and training experience for operators and maintenance personnel. To scale up the production of robotic models and reduce the reliance on human labor in mechanical engineering, leading companies in the robotic modeling market are adopting technologies that the latest trends in automobiles and accessories.
Robotics and Automation Methods are Increasingly Used in the Automotive Industry
- Many industries, including automotive, construction, and aerospace, use robotic coatings. As a result, the leading companies in this market have established their manufacturing facilities in various geographies, especially Malaysia, Mexico, China, India etc. One of the major factors driving the growth of the market is widespread use of robotics and automated manufacturing technologies for various industries. Robotics and automation can reduce manual errors and improve machine speeds for various applications. Furthermore, increasing use of these curtains in transportation-related industries will boost the market growth. For example, according to a report by McKinsey, the global autonomous vehicle market size will reach a value of US$ 300-400 billion by 2025. These factors will fuel the growth of the market.
Restraints
Capital Investment and High Operating Costs May Hamper Market Growth
- Robotic simulators and robotic arms are included as well as other hardware and software systems. Integrating robotic weapons with other hardware is a complex task that requires significant investments. Moreover, these programs require significant investments. For example, according to the U.S. According to an Environmental Protection Agency (US EPA) report, spray tents range in price from $5,400 to $23,000 and vary from building to building Such high costs associated with these systems will drive the market growth.
Lack Of Skilled Labor
- Lack of skilled labor could pose a serious threat to the global robotic paint booth market. This lack of skilled labor is the impact of a major limitation on job growth and efficiency. The demand for robotic paint booths is growing in industries such as automotive, aerospace and industrial manufacturing. Technicians who can effectively plan, control and manage this advanced technology. Finding qualified individuals with the necessary technical skills to ensure the smooth operation of robotic paint jobs has become a major challenge for companies and therefore such products negatively impact the market. Thus, it is expected to hamper market growth during the forecast period.
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Global Robotic Paint Booth Market Competitive Landscape
The competitive environment of the Global Robotic Paint Booth Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options.
Top Player’s Company Profiles
- ABB Ltd.
- Arnold Machine Inc.
- b m surface systems GmbH
- Blowtherm USA
- Durr AG
- Eisenmann GmbH
- FANUC Corp.
- GIFFIN Inc.
- Graco Inc.
- Kawasaki Heavy Industries Ltd.
- KUKA AG
- MEXX Engineering Pty Ltd.
- Nordson Corp.
- SAIMA MECCANICA Spa
- Spray Technics
- Staubli International AG
- SYMACH srl
- Taikisha Ltd.
- Yaskawa Electric Corp.
- Junair Spraybooths Ltd.
Recent Developments
- In September 2022, Durr Group introduced a new Industry 4.0 robotic paint lab for Cherry Automobiles Co., Ltd., an automaker based in Wuhu, China. Such systems can be used to simulate parts of cars and SUVs.
- In July 2022, ABB Ltd. installed a new robotic paint lab for painting services. This is an environmentally friendly system and will be implemented to ensure no defects in the environment. The use of such a material is expected to improve the production capacity. It claims to increase performance and color change capabilities by 10% and 75%, respectively, and reduce air consumption by 20%.
- In February 2022, ABB Ltd unveiled new automotive robotic solution. This application aims to reduce overall manufacturing costs by a third, saving costs and making automotive paint facilities more sustainable.
Global Robotic Paint Booth Key Market Trends
- Environmentally Friendly Modeling Robots in Widespread Use: The adoption of painted robotic structures requires high upfront costs and energy consumption. In addition, robotic paint booths require more space. Thus, market players are increasingly focusing on developing environmentally friendly painted robots that can perform efficiently and cost-effectively without wasting unnecessary resources. For example, Durr, a major market player in the robotic paint booth market, has developed the Eco+ line of robotic paint booths. From pre-treatment, processes like electrodip painting to innovations like heating oven extraction air purification systems, this robotic paint booth has growing applications in all areas hence products that positively affect the market which in turn will feed the market development during the forecast period.
Global Robotic Paint Booth Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Widespread use of robots and automation technologies in various industries is one of the major factors driving the growth of the market. These devices make the entire process faster and cheaper, cost less while reducing the risk of error. Additionally, robotic paint jobs are highly scalable and training costs are low, leading to a sharp rise in demand along with rising costs in the defense and automotive industries acting as a factor another major driver of growth. The defense industry uses this technology to cover a variety of products. Being in the automotive industry, it is used for high-quality, consistent dust-free exterior body and interior paint, and besides providing minimum waste, technological advancements such as automotive learning and planning also contributes to market growth, as this enables the robots to record and memorize the user’s movements and then replicate the image accurately.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.43 Billion |
| Market size value in 2031 | USD 5.62 Billion |
| Growth Rate | 5.9% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Robotic Paint Booth Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Robotic Paint Booth Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Robotic Paint Booth Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Robotic Paint Booth Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Robotic Paint Booth Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Robotic Paint Booth Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Robotic Paint Booth Market Report Snapshots
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