Industrial Paint Robots Market Size, Share, Growth, And Industry Analysis By Type (Pneumatic Paint Robots, Airless Paint Robots) By Application (Automotive, Aerospace, Electronics Industry, Others), Regional Forecast To 2031

Updated On: 08 April 2024

Industrial Paint Robots Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global industrial paint robots market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

industrial paint robots include painting and coating equipment, products, and components evenly with automated assembly lines and robots. Even the most attentive workers cannot perform without making errors in industrial painting, one of several areas that have witnessed substantial advancements thanks to automation. However, robotic painting systems offer the reliability required by painting and coating businesses. Such technology is frequently crucial for aiding in the resolution of well-known problems.

Eliminating human error through automation can improve overall quality, which is especially helpful in factories with a labor shortage. Industrial painting can become more efficient overall while maintaining high standards of quality with the help of robotic technology. Additionally, automation can assist painting and coating businesses in following sustainable practices. An organization's framework for ethical operations might include finding ways to cut waste. Industrial paint robots can assist in achieving that goal.

COVID-19 Impact: Lockdown Stopped Business Operations Worldwide Impeding the Market Growth

The COVID-19 pandemic set a massive blow on the global economy as it substantially hampered the business operations of a gamut of industries worldwide. Its effect was also felt on the demand and production of painting robots on account of the stalled activities, mainly across the automotive and construction sectors. However, the gradually resuming operations across these arenas are likely to add a positive edge to the market growth in the coming years.

Latest Trends

"Assists in Achieving Sustainability Objectives to Boost the Market Development"

industrial paint robots can be used for more than just accelerating digital transformation and increasing operational effectiveness. Additionally, it can be applied for good, more specifically, to improve sustainability. For today's service-oriented manufacturing businesses, like the automotive industry, creating a more sustainable painting process is urgently necessary. Traditional painting process scheduling schemes in the automotive industry typically only consider an enterprise's profits, omitting the need to achieve sustainability objectives.

Industrial Paint Robots Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented into Pneumatic Paint Robots, Airless Paint Robots. Pneumatic Paint Robots being the leading segment of the market by type analysis.

• By Application Analysis

Based on application, the market can be divided into Automotive, Aerospace, Electronics Industry, Others. Automotive being the leading segment of the market by application analysis.

Driving Factors

"Error-Free and Consistent Results to Drive the Market Development"

WB Coatings, a German company, is an example of how automated painting systems may provide the consistency demanded by the painting and coating industries. It created a paint system that gives surfaces like decorative interior vehicle trim a chrome-like finish after applying one to three layers. Even skilled humans cannot achieve the thin, even coating that the product needs. Physical limitations like dwindling strength and loss of focus and energy also restrict humans. Automated systems eliminate the possibility of errors based on human limitations. They are not easily distracted, worn out, or mistake-prone.

"Cost-Savings to Drive the Market Growth"

Industrial paint robots save time and frees up resources to concentrate on tasks and projects with a higher value. Additionally, it might eliminate the need to hire more employees while creating opportunities for current employees to take on new responsibilities and receive training. As a result, costs will be recovered to a greater extent the more manual processes are automated. Industrial paint robots save costs in various instances by limiting labor expenses, increasing overall productivity, lowering frequent IT expenditures, reducing over-reliance on third-party services, and mitigating costly data errors. Thus, all these factors lead to faster investment returns and the break-even point as early as possible, driving the painting process automation market.

Restraining Factors

"High Installation Cost to Hamper the Market Growth"

Industrial paint robots is smart, cost-effective, and can deliver better, rapid, and consistent painting or coating without human intervention. However, the early phase of automation typically entails much higher costs associated with its installation. Latest innovations, such as software update or new materials used in industrial paint robots that enhance the automation process, also comes with a higher cost. High cost prolongs the return on investment for small-scale companies if they are not looking to expand their businesses in the near future. Thus, small-scale production businesses stick to the manual paint process due to the high installation cost of industrial paint robots. Hence, it can hamper the market's growth over the forecast period.

Industrial Paint Robots Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"Presence of Mass Production in the Asia Pacific to Drive the Market Growth in the Region"

Asia-Pacific is the most significant shareholder in the global industrial paint robots’ market and is expected to grow during the forecast period. The larger share is linked to the presence of mass-production automotive facilities that are contributing heavily to the growth of the painting process automation market in the region. The automotive industry's presence in the region is due to the availability of raw materials, government incentives, and low transportation, energy, and workforce costs. For instance, in March 2021, Dürr AG established a scalable paint shop for an electric vehicle manufacturer in China, which can be expanded in the future to meet the increasing demand.

The North American automotive industry is the highest contributor to the region's growth of industrial paint robots. The aviation industry is rapidly adopting industrial paint robots to meet the increasing demand for American-made aircraft worldwide. Furthermore, critical automotive and aviation manufacturers are installing industrial paint robots in the North American region for rapid production, saving labor costs, and consistency in painting and coating. The growing use of industrial paint robots in manufacturing and services sectors in North America to meet complex consumer demands is expected to propel market expansion in the region.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• ABB (Switzerland)
• Kuka Robotics (Germany)
• FANUC (Japan)
• Yaskawa (Japan)
• CMA Robotics (Italy)
• Kawasaki Robotics (U.S.)
• Durr Systems (Germany)
• Staubli (Switzerland)
• Epistolio S.r.l (Italy)
• Nanchang IKV Robot (China)
• Shenzhen Juhao Automation Equipment (China)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.