The Global Robotic Paint Booth Market is Predict to reach $5.5 Billion by 2028, at a CAGR of 10.2%

Published Date: 31-Jul-2022

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Robotic Paint Booth Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Robotic Paint Booth Market size is expected to reach $5.5 billion by 2028, rising at a market growth of 10.2% CAGR during the forecast period.

The Service segment is showcasing a CAGR of 12.2% during (2022 - 2028). A new generation painting robot featuring improved kinematics, a servicing airlock compartment, and a fluid delivery system. The painting robot is equipped with a fluid supply system that positions the color-changing valves and pumping equipment on the back of the robot's installation pedestal, where they can be maintained without a technician having to go inside the spray booth.

The 6 Axis segment acquired maximum revenue share in the Global Robotic Paint Booth Market by Type in 2021 thereby, achieving a market value of $2.1 billion by 2028. Provides the greatest degree of versatility with six axes, starting with the base axis for full robot rotation and ending with the sixth axis for rotating the "wrist" or faceplate. A six-axis robot that can be moved linearly from one location to another by mounting it on a rail or other device.

The Collaborative Robots segment has shown the growth rate of 11.5% during (2022 - 2028). It is because robots are designed for direct human-robot interaction in a shared environment or when people and robots are nearby. The Collaborative uses are in contrast to conventional industrial robot applications, where robots are kept away from people.

The Automotive segment is leading the Global Robotic Paint Booth Market by Industry in 2021 thereby, achieving a market value of $2.6 billion by 2028. Vehicle manufacturers utilize painting robots to perform consistently, organized detailing on their vehicles. Some of these robots have an arm that can move both vertically and horizontally to paint the entire vehicle.

The Asia Pacific market dominated the Global Robotic Paint Booth Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.0 billion by 2028. The Europe market is exhibiting a CAGR of 8.6% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 9.5% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/robotic-paint-booth-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Robotic Paint Booth Market Segmentation

By Sales Type

  • Hardware
  • Service

By Type

  • 6 Axis
  • 4 Axis
  • Others

By Robot Type

  • Traditional Industrial Robots
  • Collaborative Robots

By Industry

  • Automotive
  • Aviation
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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

Related Reports:

North America Robotic Paint Booth Market Size & Opportunities 2022-2028

Europe Robotic Paint Booth Market & Growth Forecast 2022-2028

Asia Pacific Robotic Paint Booth Market Share & Industry Outlook to 2028

LAMEA Robotic Paint Booth Market Growth, Trends & Forecasts 2022-2028

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