Europe Robotic Paint Booth Market Size, Share & Industry Trends Analysis Report By Sales Type (Hardware and Service), By Type (6 Axis, 4 Axis, and Others), By Robot Type, By Industry, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Europe Robotic Paint Booth Market
Market Report Description
The Europe Robotic Paint Booth Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).
As big industries embrace management techniques like Six Sigma to increase productivity, demand for robot painting booths is rising at an unprecedented rate. The applications of robot painting booths are increased by their efficient painting of intricate parts and patterns. Reduced waste, lower training expenses, fewer manufacturing flaws, and improved cost and time effectiveness are all benefits that contribute to the industry's expansion. A significant element supporting the market for robotic paint booths is the rise in demand for robotics and automation technology across numerous sectors.
A robotic paint booth is a machine that works automatically to paint, spray, and coat objects for both automotive and non-automotive uses. Additionally, it sprays different film thicknesses of water, solvent, and powder-based substance. It is typically constructed with robot arms that are explosion-proof, allowing it to safely spray coverings without causing much damage to operators. Due to its capacity to paint several products in the shortest amount of time while producing less waste and exposing fewer people to dangerous chemicals, end users are choosing paint booths.
With the increased government funding in research and development, numerous initiatives are being taken to promote the growth of robotics R&D activities across numerous sectors. Additionally, nations in this region have adopted robotics solutions as a result of technological advancements and the development of new business models, such as the expansion of e-commerce and the booming retail industries. Furthermore, several European nations have a substantial need for personal and professional robots. The International Federation of Robotics reports that Europe has the highest prevalence of manufacturers, at about 44%, owing to rising demand from sectors like logistics, defense, medicine, and retail.
The Germany market dominated the Europe Robotic Paint Booth Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $350.7 million by 2028. The UK market is anticipated to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.5% during (2022 - 2028).
Based on Sales Type, the market is segmented into Hardware and Service. Based on Type, the market is segmented into 6 Axis, 4 Axis, and Others. Based on Robot Type, the market is segmented into Traditional Industrial Robots and Collaborative Robots. Based on Industry, the market is segmented into Automotive, Aviation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Robotic Paint Booth Market will Hit $5.5 Billion by 2028, at a CAGR of 10.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include FANUC Corporation, Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, ABB Group, Kuka AG (Midea Investment Holding Co., Ltd.), Graco, Inc. (Newell Brands Inc.), Durr AG, Eisenmann Gmbh, Giffen, Inc., and Stäubli International AG.
Scope of the Study
Market Segments Covered in the Report:
By Sales Type
- 6 Axis
- 4 Axis
By Robot Type
- Traditional Industrial Robots
- Collaborative Robots
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- FANUC Corporation
- Kawasaki Heavy Industries, Ltd.
- Yaskawa Electric Corporation
- ABB Group
- Kuka AG (Midea Investment Holding Co., Ltd.)
- Graco, Inc. (Newell Brands Inc.)
- Durr AG
- Eisenmann Gmbh
- Giffen, Inc.
- Stäubli International AG
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free