Painting Robots Market is Projected to Surpass US$ 7.65 Billion by 2031: Analysis of Growth Drivers and Opportunities

The global painting robots market is expected to grow 8.3% year on year (YoY) to US$ 2.9 billion in 2021. According to the study, demand for robotic arms will rise at an 8.8% CAGR between 2021 and 2031, boosting the growth of the painting robots market.

Between 2021 and 2031, overall sales of painting robots will increase at a CAGR of 10.1%. Through 2031, East Asia and Europe are expected to account for more than half of global demand for painting robots.

The painting robots market is expected to account for nearly 7% of the global industrial robots industry in 2021, owing to high demand in the United States, Germany, and Japan.

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Painting Robots Market – Sales in 2016 to 2020 Vs Projections for 2021 to 2031

Between 2016 and 2020, the global painting robots market size expanded at a CAGR of over 2.4%. The robots market is complicated, with a wide range of possibilities. Organizations are providing value to the market by focusing on certain end applications, supplying various types of robots, modules, subsystems, tools, or providing services.

Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. An important step in analysing the potential for robotics and painting robot technology is to provide a consistent categorisation of the potential in each type of market.

In the coming years painting robots market will continue gaining from application across diverse industries, from transportation to construction. Steered by this, the market will register growth at 10.1% CAGR in 2021 to 2031.

Painting Robots Market – Competitive Landscape

Painting robots market is highly consolidated with the top players holding nearly 75-80% of the global market share. The market participants are vying to expand their geographical footprints and working closely with automotive OEMs.

• In Aug 2021, Mexico, Dürr AG developed a high-tech paint facility for Ford Motor Company in order to handle a new car that Ford will be constructing. Dürr built the full paint shop, including low and high viscosity material supply systems, robotic paint and sealer application equipment, and other process automation technology.
• In April 2021, Kuka AG signed a 100 year partnership with Daimler automotive group. The collaboration will enable the automotive company to use all of Kuka’s products and solutions at various locations.

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Key Market Segments Covered

By Type:

• Pedestal Robots,
• Robotic Arms,

By Payload:

• Upto 5 Kg,
• Upto 15 Kg,
• Upto 45 Kg,

By Function:

• Painting
  • Waterborne,
  • Solventborne,
  • UV Cured,
• Painting, Spraying & Coating

By Reach:

• Upto 1,000 mm
• Upto 1,500 mm
• Upto 2,000 mm
• Upto 2,500 mm
• Upto 3,000 mm

By Configuration:

• 6 Axis
• 7 Axis

By Application:

• Atomizer
• Air Gun

By End Use Sector:

• Transportation
  • Automotive
  • Railways
  • 2 & 3 Wheelers
  • Aerospace
• Consumer Appliances
• Foundry & casting
• Furniture
• Textiles
• Construction
• Heavy Engineering Equipment
• HVAC & Refrigeration
• Sanitary ware
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia-Pacific
• Middle East & Africa