July 13, 2022
According to the recent research report titled ‘Global Automotive Robotic Painting Market Size study, by Product Type (Cartesian, Cylindrical, Articulated, SCARA, Others), By Components (Robotic Arm, Sensors, Controller, End Effector, Drive, Others), by Material (Titanium, Carbon fiber, Steel and Iron, Alloy Metal, Others), by End-User (OEM, Aftermarket) and Regional Forecasts 2022-2028’ available with MarketStudyReport, global automotive robotic painting market to register significant growth through 2028.
The growth of global automotive robotic painting market is primarily driven by rising automobile demand and the rapid expansion of industrial initiatives like Industry 4.0.
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For instance, the Italian government is pushing for the digitalization of the entire industrial sector through a variety of tax incentives, leading to heavy investments in Industry 4.0 technology which are anticipated to rise significantly in the years.
It is worth noting that bhe body parts of the vehicles are painted or coated using an automobile robotic painting machine. Automotive robotic painting machines can work in hazardous conditions that endanger workers, apply paint flawlessly with no drips or overspray, and produce a variety of toxic gases from the paint that are hazardous to human health.
Worldwide automotive robotic painting marketplace is segmented into product type, component type, material type, end-user reach, and regional landscape. Based on product type, the market is segmented into cylindrical, articulated, SCARA, cartesian, and other types.
By component type, this marketplace is divided into sensors, controllers, end effectors, drives, robotic arms, and others. Based on material type, the market is bifurcated into carbon fiber, steel and iron, titanium, alloy metal, and others.
Moving forward, the end-user landscape of global automotive robotic painting market involves aftermarket and OEM segments.
The regional terrain of this market sphere spans Asia Pacific, North America, Europe, Latin America, and the rest of the world. Asia Pacific automotive robotic painting industry is expected to record significant growth during the forecast period owing to the increasing demand of automotive technology in the paintings and coating space.
The competitive terrain of the global automotive robotic painting industry includes companies such as Kawasaki (Chongqing) Robotic Engineering Co. Ltd., Epson America Inc., ABB Flexible Automation GmbH, Acieta LLC, Fanuc America Corporation, Stäubli International AG, NewGenic VacuuTek Pvt. Ltd., Denso Robotic, and KUKA Aktiengesellschaft.