Automotive paint robots are the type of robots that are used for coating or painting of vehicles and components in the automotive industry. Robotic automation systems are more precise; therefore, they result in to dispose of less hazardous waste. Also, it reduced human errors and increases the safety of the worker. Thus, increasing demand for the painting robots which driving the growth of the automotive paint robots market.
MARKET SCOPE
The "Global Automotive paint robots Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive paint robots market with detailed market segmentation by type, application, vehicle type, and geography. The global Automotive paint robots market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive paint robots market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the market is segmented as floor-mounted painting robot, wall-mounted painting robot, rail-mounted painting robot, and others
- On the basis of application, the market is segmented into interior and exterior
- Based on vehicle type, the market is segmented into passenger cars, and commercial vehicles
MARKET DYNAMICS
Drivers:
- Increasing automation in the painting process, rise in labor cost
- High demand for precision and quality control, and need to increase efficiency and productivity
Restraints:
- High installation costs and high maintenance costs
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automotive paint robots market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters five force analysis highlighting factors factors affecting the Automotive paint robots market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE PAINT ROBOTS MARKET
The outbreak of the COVID-19 has severely impacted the automotive and transportation, and other related industries. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption in global supply chain is expected to leave an impact on the industry through till mid-2021. Several Automotive paint robots manufactures have declared the pause in the production due to the lowered demand, supply chain bottlenecks, and to protect the safety of their employees in the most affected countries during the COVID-19 pandemic. As a result, the demand for Automotive paint robots solutions got declined in 2020 and is the impact of pandemic is expected to continue in the year 2021 too.
MARKET PLAYERS
The report covers key developments in the Automotive paint robots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automotive paint robots market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive paint robots in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automotive paint robots market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
1. ABB Ltd.
2. CMA Robotics SpA
3. D?rr AG
4. Eisenmann SE
5. FANUC Corporation
6. Kawasaki Heavy Industries, Ltd.
7. KUKA AG
8. Sames Kremlin
9. St?ubli International AG
10. Yaskawa Electric Corporation