Robotic Paint Booth Market Expected to Reach $10.68 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Robotic Paint Booth Market," The robotic paint booth market size was valued at $3.09 billion in 2021, and is estimated to reach $10.68 billion by 2031, growing at a CAGR of 12.7% from 2022 to 2031. 

A robotic paint booth is a mechanical device that performs a variety of painting functions, including applying primer, base, clear, and top coat. It is also used to spray water, solvents, and powder-based materials. The spray booth can efficiently cover complex parts, curves, indentations, and shapes of all sizes. Efficiently programmed robots can evenly apply complex spray patterns with different layer thicknesses while providing optimum surface quality with speed and accuracy.

Robotic paint booths use optimum amount of paint; thus, improving the cost efficiency of a manufacturing plant. As robotic painting booths operate continuously with synchronization with the speed of production line, they have the capability to cope with the rise in demands for robotic paint booth for the precision manufacturing in the industry. The spraying nozzles of the robotic painting booth can efficiently spray even amount of paint on flat surfaces as well as intricate parts and curves. This makes the robotic paint booth a very essential component of automotive, aeronautical and defense industries. In addition, rise in utilization of robotics and adoption of automated production technology in various industries are expected to increase the demand for robotic paint booth market outlook.

Owing to COVID-19 situation and imposed lockdowns, various manufacturers in the robotic paint booth market had to stop their business production in countries, such as China, the U.S., and India. This break directly impacted sales of robotic paint booth companies. In addition, lack of manpower and raw materials led to halt in supply of industrial products. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of robotic paint booth industry at their full-scale capacities.

Major players are adopting product launch, agreement, and business expansion as key developmental strategies to improve the product portfolio of the robotic paint booth market. For instance, in April 2022, Graco launched the Contractor King Air-Powered Protective Coatings Airless Sprayer to improve the product portfolio.

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 segments holds the largest share in the robotic paint booth market share 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 growth 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 share in the robotic paint booth market share.

The key players profiled in the robotic paint booth market report include, ABB, CMA Robotics Spa, Durr AG, Epistolio Robot, Fanuc America Corporation, Graco Inc., Kawasaki Heavy Industries Ltd., KUKA Aktiengesellschaft, Staubli International AG, Yaskawa Electric Corporation, Fujitronics KK, Crocodile Paint Booth, Eisemann Inc., Giffin Inc., Junair, Fanuc Automation and Varnish.Tech S.r.l.

KEY FINDINGS OF STUDY

• The report provides an extensive analysis of the current and emerging global robotic paint booth market trends and dynamics. 
• By type, the others segment dominated the market in terms of revenue in 2021.
• By robot type, the traditional industrial robots segment registered the highest growth in terms of revenue in the global robotic paint booth market in 2021.
• By end user, the others segment is projected to register the highest growth rate in the coming years.
• The global robotic paint booth market forecast analysis from 2022 to 2031 is included in the report.
• In depth, the global robotic paint booth market analysis is conducted by constructing estimations for the key segments between 2021 and 2031.