Painting robot market size is set to experience significant gains from 2021 to 2027 driven by increasing utility across the automotive sector and the continuous technological advancements. The growing presence of hazardous painting work environments has led to the increased obligation for safety enhancement. On account of their reliability and precision, the robots are observing higher adoption across various painting and coating applications.
The growing need for optimum productivity and limited wastage of materials are other factors driving the demand for painting robots. However, huge investments and higher installation costs could hamper the growth of the industry to a certain extent.
With regards to product type, the painting robot market size from floor-mounted painting robots is expected to attain remarkable momentum between the period of 2021 and 2027. This is due to their increasing preference over their wall-mounted and ceiling-mounted counterparts considering their ease of integration into the finishing operations. The needless obligation for drilling cuts in the wall or ceilings will boost the demand spurt for the floor-mounted painting robots.
In terms of applications, the painting robot industry is bifurcated across exterior painting and interior painting. The interior painting segment is anticipated to grow at an exponential rate owing to the increasing adoption of robots to spray-paint the interiors of industrial buildings at a faster pace in comparison to humans, even in complete darkness. Furthermore, the robotic machines could paint a high interior wall around at 25% faster rate with a crew of two painters.
Based on end-use, the demand for painting robots across the automotive sector is expected to rise abundantly on account of the increasing advancements in the automotive and infrastructure sector across the globe. According to estimates, the total car sales worldwide reached over 52.6 million units in 2020. The increasing need to reduce the risks of paint drips, and overspray has necessitated the presence of highly skilled painters. The higher demand for painting automobiles and optimum accuracy in the painting of large components will also influence the painting robot market growth.
Regionally, Asia Pacific painting robot market is expected to show notable proceeds owing to the presence of a robust automotive manufacturing base. The rapid advancements in urbanization and industrialization have paved the path for numerous automation companies in the region. Increasing penetration across the construction sector will add positive impetus to the regional expansion.
In terms of the competitive landscape, the painting robot industry constitutes the presence of major players, which include Fanuc, Nanchang and Hangzhou Color Powder Coating Equipment Co., Shanghai Fanuc (FANUC), Kawasaki, Staubli, Durr Systems, Yaskawa India, and Kuka (Midea Group).
Most of these players are constantly indulging in inorganic growth and strategic measures, such as acquisitions, partnerships, capacity expansions, and are coming up with technological innovations for new product developments to amplify their global presence and sustaining competition.
For instance, in May 2018, FANUC UK, launched P-40iA, its lightweight intelligent robotic arm to extend its family of paint robots. The novelty has wide usage in painting and coating applications and operates on the maximum payload of 5kg and a reach of 1300mm.
In another instance, ABB Robotics, in May 2019, entered a formal agreement with SAIC Volkswagen to offer robotics painting solutions to help in establishing the latter’s first NEV (New Energy Vehicle) factory with automation as well as environmentally friendly manufacturing technologies.
Impact of the COVID-19 outbreak on the painting robot market trends
The COVID-19 pandemic set a massive blow on the global economy as it substantially hampered the business operations of a gamut of industries worldwide. Its effect was also felt on the demand and production of painting robots on account of the stalled activities, mainly across the automotive and construction sectors. However, the gradually resuming operations across these arenas are likely to add a positive edge to the market growth in the coming years.