PUBLISHER: Allied Market Research | PRODUCT CODE: 1140016
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140016
The global robotic paint booth market was valued at $3,093.9 million in 2021, and is projected to reach $10,676.38 million by 2031, registering a CAGR of 12.7% from 2022 to 2031. The robotic painting unit performs various functions such as applying primer, base coat, and final coat. It can also be used for spraying water, anti-rust coating, and powder-based materials. The robotic paint booth is highly customizable and programmable according to the need of the end user, which makes it a valuable asset of the manufacturing unit.
The adoption of automation in the painting process is increasing with the advent of Industry 4.0 in factory automation. Stable coating and coating quality and automated mass production are essential for mass production in manufacturing facilities globally. In addition, the robot painting booth is highly customizable and the training cost is low, which increases the growth of the robotic paint booth market. In addition, increased spending in the defense and automotive industries is expected to serve as another key growth factor. In the defense industry, various components are disguised with this technology and it used in the automotive industry to paint vehicle exteriors and interiors with a high-quality, consistent, dust-free finish while minimizing waste. In addition, advances in technology, such as self-learning programming are driving market growth as robots can record and store operator movements and replicate them perfectly at the time of painting. Such factors increase the demand for the robotic paint booth.
Major players are adopting product launch and acquisition as key developmental strategies to improve the product portfolio of the robotic paint booth market. For instance, in May 2022, Durr presented a new digital solutions for the paint shop of the future under the motto "Digital Intelligence by Durr". This is expected to help mechanical and plant engineering firm build flexible and scalable production layouts.
The COVID-19 pandemic forced many companies in the global robotic paint booth market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts revenue flow of the global robotic paint booth market. In addition, there is a halt in manufacturing of industrial products, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments are received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months has affected the global robotic paint booth market and the market is anticipated to witness a slow recovery rate during the forecast period.
The robotic paint booth market is segmented into type, sales type, robot type, end-user, and region. By type, the robotic paint booth market is categorized into 4-axis, 6-axis, and others. The others segment dominated the global robotic paint booth market, in terms of revenue in 2021, and is expected to maintain this trend in the coming years.
On the basis of sales type, the robotic paint booth market is fragmented into hardware and service. The hardware segment is anticipated to dominate the global robotic paint booth market during the forecast period.
On the basis of robot type, the robotic paint booth market is fragmented into traditional industrial robots and collaborative robots. The traditional industrial robots segment was the highest revenue contributor to the market in 2021.
On the basis of end user, the robotic paint booth market is categorized into automotive, aviation, and others. The others segment was the highest revenue contributor of the robotic paint booth market in 2021.
By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific region is expected to hold the highest market share during the forecast period.
By Type
By Sales type
By Robot type
By End-user industry
By Region