The market research report offers the market segmentation of the global robotic paint booth market by product (paint booths and paint robots), by end-user (automotive sector and non-automotive sector), and by geography (the Americas, APAC, and EMEA). The report discusses the major drivers influencing market growth and a detailed analysis of the top vendors operating the market, including Dürr, Taikisha Geico, Eisenmann, ABB, Fanuc, and Yaskawa.
Technavio’s market research analysts estimate the global robotic paint booth market to grow at a CAGR of more than 4% between 2015 and 2019. APAC dominates the global robotics paint booth market, occupying around 40% of the overall market revenue. Being the largest hub of automotive production, the region consumes highest amount of paint robots and paint booth systems.
The new market research report from Technavio provides a breakdown and analysis of the robotic paint booth segments by technology.
“The manufacturers are innovating eco-friendly paint booths that allow efficient functioning at cheaper costs without undue wastage of resources. They are aiming towards effective usage of raw materials, such as energy, paint, solvents, and water, and reducing space sizes of the paint booths. The vendors are also focusing on developing such ecologically friendly paint booths which emits less toxins and fuels. For instance, Dürr has devised the Eco+ line of paint booth systems which includes electro dip painting and exhaust air purification systems,” says Navin Rajendra, Lead Analyst, Industrial Automation, Technavio Research.
The automotive industry is the largest end-user of the global robotic paint booth market, accounting for around 69% of the total market share. Paint coatings are highly demanding aspect of automobile manufacturing as these act as anti-corrosive agents, increase longevity of vehicles and provide visual appeal to them. The use of automated paint booths and paint robots increases accuracy and consistency and minimizes paint wastage, unlike manual painting.
The leading vendors in the global robotic paint booth market include Dürr, Taikisha Geico, Eisenmann, ABB, Fanuc, and Yaskawa. Major companies are developing innovative technologies and constantly focusing on delivering the most advanced automated paint booths and industrial robots for painting application. As a result, there is an increasing presence of strong competition in the market.
A more detailed analysis is available in the Technavio report, Global Robotic Paint Booth Market 2015-2019.
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