Robotic Paint Booth Market Size, Share, Trends, Analysis and Forecasts To 2021
Market Research analysts forecast the global robotic paint booth market to grow at a CAGR of 4.93 % during the period 2017-2021.
The following companies as the key players in the global robotic paint booth market: ABB, Durr, Eisenmann, FANUC, and Yaskawa
Commenting on the report, an analyst from team said:“ Paint robots are now being integrated with a special conveyor tracking system that allows the user to keep a tab on the movement of the parts at any moment. The paint robots are also located on both sides of the conveyor, which results in maximizing paint utilization and speeds up the process. Besides this, robotic paint systems also include small, pedestal-mounted, and compact paint booths for a second finish to the paint process, enhancing the overall product output.
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According to the report, the automotive industry is a major growth driver behind the robotic paint booths market during the forecast period, contributing 68.4 % of the revenue generated in 2016. The global automotive industry is expected to record a growth of 4.7 % in 2017, driven by the market in APAC. As this industry continues to grow during the forecast period, we can expect the robotic paint booths market to generate higher revenues owing to increase in automation requirements and incorporating safety at the workplace. Since the chassis and body of automobiles are composed of metals, it becomes necessary to coat them to prevent corrosion with time. In the automotive industry, the finished metal chassis is painted within a paint booth using different paint booth methods with the help of specific industrial robots such as automotive paint robots.
Further, the report states that the paint booth system has its own share of operational issues that can be encountered over a period of time among industries. Even though paint booth systems offer effective paint and coating solutions, the deployment of these automated systems are found to be ineffective in overcoming a few challenges.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.