Painting Robot Market size will see noticeable growth over 2023-2032, on account of growing automotive sector. These robots ensure uniformity of coating, accuracy, low paint wastage, and optimized painting costs. These robots also help achieve the same consistency as that of skilled painters and can even paint interior auto parts with high precision, making them highly suitable for automotive applications.
Besides automotive industry, painting robots are also extensively used in the construction sector. Recent advancements in wall climbing robot technologies has opened up the scope of adoption for painting robots in construction sector. These machines can reach great heights without risking worker safety, effectively eliminating the dangers associated with manual painting.
With respect to application, painting robot market from interior painting segment is expected to observe lucrative gains through 2032. Surging adoption of robots for spray-paint applications in industrial buildings is creating a notable impetus for segment expansion. These robots ensure a consistent spraying motion and spray gun parameters, which helps paint the interiors in a precise manner. High consistency of these robots ensures less wastage of painting material, which makes them suitable for interior applications.
In terms of end-use, painting robot industry from the automotive sector is slated to grow at a considerable CAGR from 2023 to 2032. Surging advancements in automotive sector have proliferated the production of high-tech automobiles. Fueled by rising vehicle production, growing demand for painting robots is likely to drive the segment scenario.
Regionally speaking, Asia Pacific painting robot industry is poised to accrue substantial gains through 2032, on account of expanding automotive sector. As per the International Trade Administration, domestic production of vehicles in China is slated to reach 35 million units by 2025. The regional expansion can also be attributed to strong presence of major painting robot manufacturers such as Kawasaki, Yaskawa, and others who are constantly engaged in new product innovations.
Some of the major painting robot market contenders are Nanchang and Hangzhou Color Powder Coating Equipment Co., Kawasaki, Staubli, Durr Systems, Fanuc, and Shanghai Fanuc (FANUC), among others. Most of these companies are emphasizing expansion strategies to maximize their revenues.
The Russia-Ukraine war had a negative effect on painting robot industry owing to upheavals in global supply chain. The war has severely hampered operations in the automotive sector, which is a major end-user of painting robots. Both the affected nations are also major producers of steel, which is a crucial raw material for manufacturing these robots. Increasing efforts from world governments to ring the conflict to an end is anticipated to bring some relief to the industry.