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Painting Robot Market size 2024 is highly demanding in APAC to drive the automotive industry

Author : Ronak Bora | Published Date : 2019-05-17 

Asia Pacific will witness descent in the painting robot market, countries including China, India, Japan and Korea are driving the automotive industry worldwide. With wide acceptance of new technology, these regions are growing at a very fast pace. Growing population in the region, high disposable income, color preferences are driving automotive industry and rising infrastructure sector in the region which is positively helping painting robot market to increase.

The U.S is major innovator of various technology and is one of the developed economy of the world. The region is growing in automotive sector which is helping the painting robot market to boost.

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Europe led by Germany is the nucleus of automotive industry. The machine was initially in 1980's was used by German company named BMW and Mercedes for coloring automobiles parts. The region is one of the biggest and oldest producer of car. Over 20% of all cars in the world is made in this region. It hosting car manufacturers including BMW and Volkswagen.

Supply chain of the painting robot market begins from its manufacturing in factories. The machine is majorly made up of titanium metal, carbon fiber, steel and iron. The manufacturing process involves designing, fabrication, assembly, linkage of small parts and installation. After the manufacturing the machine is tested and then it is supplied to various automobile plants for its usage. It is widely use to paint the different parts of four wheelers.

Painting Robot Market size will witness a considerable growth in the forecast time, with increasing demand of automotive industry the painting robot market is simultaneously boosting. The product is used to paint automobiles. It is also well equipped and can handle the danger of every working environment. The product can apply paint without leaving behind drips, inconsistencies and overspray. It also the works from unsafe volatile organic compound which can harm the people.

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Technological advancement in the machine has high performance on a consistent basis, whereas old technology were not so safe and came along with various bugs and problems. Automotive industry is fastest growing economy of the world. The global car sales grew over 4% in 2016, breaking records of all previous sales. The infrastructure industry is rising at over 4%. Growth in this sector will positively affect painting robot market.

Low price of the product has increased its consumption in automobile sector. Originally they were highly expensive and large, but today the price have come down to extent that general automobile can also afford them. Earlier these automation were only used by big automobile manufacturers. The machine is available in every size and shapes making work easier for the operators. Software such as anti-collision makes it possible for multiple robots to work at close proximity, improving cycle time of the work and will grow painting robot market.

Key players of the painting robot market are Kuka, Fanuc, Yaskawa India, ABB, Kawasaki, Shanghai Fanuc, Durr systems, Staubli, Nanchang and Hangzhou color powder coating equipment. Endless Ltd raises seed funding for the machine due to rising wages of skilled labor. The company will soon rollout product in the market for wall and interior coloring and designing and they are hiring engineers to work on the machine which will accelerate painting robot market.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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