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2021
Paint Process Automation Market

Paint Process Automation Market by Offering (Hardware, Software, and Services), Purpose (Interior, and Exterior), and Vertical (Automotive, Aviation, Agriculture, Textile, Furniture, Pharmaceutical, Electronics, Construction, and Others), and Type (Floor-Mounted Systems, Wall-Mounted Systems, Rail-Mounted Systems, and Others): Opportunity Analysis and Industry Forecast, 2021–2030
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A05515
Pages: 185
Jun 2021 | 4733 Views
Author(s) : Ruchal Humbare, Asavari Patil , Vineet Kumar
Tables: 190
Charts: 91
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COVID-19

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The global paint process automation market size was valued at $3.34 billion in 2020, and is projected to reach $9.22 billion by 2030, registering a CAGR of 11.7% from 2021 to 2030. 

The robots segment has been adversely impacted by the emergence of COVID-19 pandemic.

Paint process automation is a method of painting or coating components, products or equipment uniformly with usage of automated systems or robots. It has simplified the process of manual painting with improved quality, cost reductions, reduced wastes, improved response time, increased safety, reduced energy costs, and increased production. Hence, manufacturers around the world are streamlining their painting processes by automating painting lines.  

Paint-Process-Automation-Market-2021-2030

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Introduction of paint process automation is increasing in factory automation with the emergence of industry 4.0. Stable painting or coating quality and automation-based high-volume production are essential for mass production in manufacturing facilities across the world. Consequently, paint process automation have become increasingly popular in recent years.

Paint process automation offers consistent results that are difficult to achieve through manual method, which is the prime reason that drives the paint process automation industry the during the forecast period.

Further, it is cost-effective painting process when compared with traditional method, which accelerates the paint automation market growth rapidly. Moreover, the paint process automation can be customized according to industry-specific needs, which is opportunistic for the market growth. Considering these factors, the paint process automation market revenue is estimated to experience gradual growth in the future.

Integration of advanced technologies with painting robots offer a lucrative growth opportunity for the paint process automation market during the forecast period. However, high installation cost acts a major restrain for the market growth. Nonetheless, it enables sustainable manufacturing practices, thereby creating potential opportunities for growth of the market.

Emergence of the global pandemic has acted as a prime drawback for the manufacturing and selling industries. Major economics across the world have faced major losses due to partial and complete lockdown, which hinders growth of the paint process automation market. However, automation technologies have emerged as an invaluable asset for companies to tackle this pandemic. Hence, surge in demand for paint process automation industry is anticipated post-pandemic. 

Paint Process Automation Market
By Offering

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Services segment is projected as one of the most lucrative segments.

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The paint process automation market share is segmented into offering, purpose, vertical, type, and region. On the basis of offering, it is fragmented into hardware, software, and services. The hardware is further sub-segmented into robots, controllers, atomizers, and others. The robot segment is further segmented into 4-axis, 6-axis, 7-axis, and others. The hardware segment dominated the market, in terms of revenue in 2020, and is expected to follow the same trend during the forecast period. On the basis of purpose, the paint process automation market share is segregated into interior and exterior. The exterior segment dominated the market, in terms of revenue in 2020, and is anticipated to witness significant market share during the forecast period. By vertical, the market is divided into automotive, aviation, agriculture, textile, furniture, pharmaceutical, electronics, construction, and others. The market share for the electronic segment was the highest in 2020, and is expected to grow at a high CAGR from 2021 to 2030. By type, the market is divided into floor-mounted systems, wall-mounted systems, rail-mounted systems, and others. The market share for the floor-mounted systems segment was highest in 2020, and wall-mounted painting robots is expected to grow at a high CAGR from 2021 to 2030.

Region-wise, the paint process automation market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The Asia-Pacific paint process automation market is expected to grow at the highest rate during the forecast period. 

Paint Process Automation Market
By Vertical

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Automotive segment is expected to secure leading position during forecast period.

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Top Impacting Factors

Significant factors that impact growth of the paint process automation market include consistent painting results, cost-effective painting processes, and ability to meet industry-specific needs. However, high installation cost hampers the market growth. On the contrary, integration of advanced technologies with paint process automation assists to achieve sustainable goals, which are expected to offer lucrative opportunities for the paint process automation market during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major paint process automation market players, such as ABB, CMA Robotics, DURR AG, Epistolio robot, FANUC AMERICA CORPORATION, Graco Inc., KAWASAKI HEAVY INDUSTRIES LTD., KUKA Aktiengesellschaft, Staubli International AG, and YASKAWA ELECTRIC PTE LTD. are provided in this report. 

Paint Process Automation Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 12.6% during 2021-2030

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the paint process automation market Size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall paint process automation market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current paint process automation market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the market.
  • The report includes the paint process automation market share of key vendors and market trends.

Key Market Segments

By Offering

  • Hardware
    • Robots
      • 4-axis
      • 6-axis
      • 7-axis
      • Others
    • Controllers
    • Atomizers
    • Others
  • Software
  • Services

By Purpose

  • Interior
  • Exterior

By Vertical

  • Automotive
  • Aviation
  • Agriculture
  • Textile
  • Furniture
  • Pharmaceutical
  • Electronics
  • Construction
  • Others

By Type

  • Floor-mounted Systems
  • Wall-mounted Systems
  • Rail-mounted Systems
  • Others

Key Players

  • ABB 
  • CMA Robotics
  • DURR AG
  • Epistolio robot
  • FANUC AMERICA CORPORATION
  • Graco Inc.
  • KAWASAKI HEAVY INDUSTRIES LTD 
  • KUKA Aktiengesellschaft
  • Staubli International AG
  • YASKAWA ELECTRIC PTE LTD.
 

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The most common form of industrial painting requires use of skilled labors. Moreover, it is a large-scale process that demands high levels of safety measures and protective gears and is prone to several errors that wastes resources in form of raw material, money, and time. However, automation of painting process is a boon to manufacturers. Paint process automation uses painting robots that are highly sophisticated for large-scale manufacturing operations. It is a customized automation that enhances efficiency, precision, safety, and programmability.

According to industry experts, paint process automation is a long-term investment and one of the important tools of increased efficiency. One of the major advantages offered is time, while other is uniformity. It can be used with paints as well as powder coatings. Intelligence and flexibility of robots allow it to manipulate flow rate, reduce wastage, and over-spray, as well as better reach into corners and other small details. Repeatability of automated spraying is paramount; once a robot is programmed, it coats millions of parts without variation. Standard paint savings when using robots as opposed to manual painters is 15–30%. These benefits propel growth of the position of paint process automation in various industry verticals.

The key players profiled in the report include ABB, CMA Robotics, DURR AG, Epistolio robot, FANUC AMERICA CORPORATION, Graco Inc., KAWASAKI HEAVY INDUSTRIES LTD., KUKA Aktiengesellschaft, Staubli International AG, and YASKAWA ELECTRIC PTE LTD.

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FREQUENTLY ASKED QUESTIONS?

A. The Paint Process Automation Market is estimated to grow at a CAGR of 11.7% from 2021 to 2030.

A. The Paint Process Automation Market is projected to reach $9.22 Billion by 2030.

A. To get the latest version of sample report

A. Cost-effective painting processes, and ability to meet industry-specific needs. These factors are estimated to propel the Paint Process Automation Market growth

A. The key players profiled in the report include ABB, CMA Robotics, DURR AG, Epistolio robot, FANUC AMERICA CORPORATION, Graco Inc., KAWASAKI HEAVY INDUSTRIES LTD., KUKA Aktiengesellschaft, Staubli International AG, and YASKAWA ELECTRIC PTE LTD.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Paint Process Automation Market is segmented on the basis of offering, purpose, vertical, type, and region.

A. The key growth strategies of Paint Process Automation Market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. The automotive segment of the paint process automation market is projected to grow at a CAGR of 9.4% during the forecast period.

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