Key vendors to leverage M&As to gain market shares
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global robotic paint booth market in their latest research report.
Competitive vendor landscape
The global robotic paint booth market is highly competitive in nature. The intense competition in the market space is spurred by the rising automation requirements by end-users, particularly in the automotive sector. Vendors in the market are focusing on delivering innovative solutions for advanced paint booths and robots to gain a competitive edge. The competitive environment in this market is expected to intensify with an increase in R&D innovations and M&A during the forecast period. International players are expected to expand their market through inorganic acquisitions of regional or local vendors.
According to Bharath Kanniappan, a lead analyst at Technavio for research on robotics, “Vendors are focusing on APAC as the most promising market for future growth. During the forecast period, APAC is expected to attract more vendors owing to the rising demand for robotic paint booths in the region.”
Click here to request a free sample of this report
Top five vendors in the robotic paint booth market space
ABB
ABB provides automation and power technologies products and solutions to diverse industries, including automotive, manufacturing, utilities, transport, and infrastructure sectors. The company sells its products in over 100 countries across the globe.
Key products: IRB 52, IRB 5400, IRB 5500, and IRB 580.
Durr
Durr, a leading mechanical and plant engineering company, engages in the design, development, and manufacture of a variety of products, systems, and services for a wide range of industries in the global market. The company offers equipment, systems, and services for the automotive and aircraft industries.
Key products: Ecopaint RoDip, EcoDryScrubber, EcoBell3, EcoLCC, EcoRP, and EcoReBooth.
Eisenmann
Eisenmann engages in the EPC of general finishing technology, automotive systems, process, and high-temperature technology. The company also designs solutions for material flow automation, environmental technology, high-temperature technology, and systems worldwide.
Key products: E-Shuttle 200, E-Shuttle 300, VarioBell plus, Vario v.2, and VarioESTAGun.
FANUC
FANUC is a manufacturer of automation products and services such as robotics and computer numerical control (CNC) systems. It also provides maintenance services and spare parts for automation products to its clients from all over the world.
Key products: Paint Mate 200iA, Paint Mate 200iA/5L, P 50 iB, P 250iA series, P 250iB series, P 50 iB, P 350 iA/45, and P 250iB series.
Yaskawa
Yaskawa engages in designing, manufacturing, and marketing of a wide range of mechatronic products in Japan and globally. The company manufactures and sells industrial and mobile robots to OEMs, distributors, and end-user companies.
Key products: EPX1250, EPX2050, EPX2800, EPX2800R, and EPX2700.
Ask an analyst to know more about this report
A more detailed analysis is available in the Technavio report, Global Robotic Paint Booth Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
Browse related reports
- Global Packaging Print Inks Market 2017-2021
- Global Construction Paints and Coatings Market 2016-2020
- Global Robot Controllers Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
