塗装ロボット市場 : 2029年までの世界予測

Painting Robot Market - Global Forecast to 2029

塗装ロボット市場 : 取り付けタイプ (床取り付け、壁取り付け、レール取り付け)、ロボットタイプ (多関節、デカルト、スカラ、協調)、機能、ペイロード、リーチ、塗装機、エンドユーザーの業界と地域別 - 2029年までの世界予測
Painting Robot Market by Mounting Type (Floor Mounted, Wall Mounted, Rail Mounted), Robot Type (Articulated, Cartesian, Scara, Collaborative), Function ,Payload, Reach, Paint Applicator, End-user Industry and Region - Global Forecast to 2029
出版年月2024年6月
ページ数280
図表数289
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Painting Robot market is projected to grow from USD 3.1 billion in 2024 and is projected to reach USD 5.8 billion by 2029; it is expected to grow at a CAGR of 13.1% from 2024 to 2029 by The escalating demand for automation in manufacturing; heightened concerns about worker safety.

塗装ロボット市場は、2024 年の 31 億米ドルから成長し、2029 年までに 58 億米ドルに達すると予測されています。製造における自動化需要の高まりにより、2024 年から 2029 年まで 13.1% の CAGR で成長すると予想されています。

塗装ロボット市場 : 2029年までの世界予測

“Floor Mounted Painting Robot segment to hold the largest share during the forecast period.”
The increasing adoption of floor mounted painting robots can be attributed to several factors. Manufacturers are inclined towards improving operational efficiency and reduce production costs while maintaining high-quality standards. Floor mounted robots offer enhanced productivity and consistency compared to manual painting methods, leading to higher throughput and better resource utilization. The dwindling workforce in industrial sectors has prompted companies to explore automation solutions to fill the labor gap. By integrating floor mounted painting robots into their finishing operations, manufacturers can free up human workers for more skilled tasks, thereby optimizing workforce allocation and efficiency.

“Market for Articulated Robots segment is projected to hold for largest share during the forecast timeline.”
Articulated painting robots are highly adaptable to various painting techniques and materials. Whether applying base coats, clear coats, or intricate designs, these robots can adjust their movements and spraying parameters to achieve the desired finish. Advanced control systems and software enable them to optimize paint flow rates, adjust spray patterns, and maintain consistent pressure, resulting in superior paint quality and efficiency. Companies like b+m surface systems GmbH offer cutting-edge painting robots such as the T1 X6 and T2 X6 series. These robots feature advanced 6-axis articulated arms with hollow-wrist design, specifically tailored for precise paint application. Equipped with the latest machine control technology and high-performance drive systems, these robots deliver exceptional path accelerations, speeds, and painting accuracy, meeting the demands of modern manufacturing processes.

塗装ロボット市場 : 2029年までの世界予測 ecosystem

“Market for Up to 10 kg segment holds for largest market share during the forecast period.”
Low payload painting robots have carved a niche in applications demanding exceptional precision and flawless finishing. Within the high-end furniture manufacturing domain, for instance, a 6 kg payload robot would be ideally suited for meticulously painting the intricate details on a chair leg. These robots can also be employed to apply delicate, multi-layered finishes on handcrafted cabinets. Their inherent ability to handle lightweight paint guns and execute precise movements fosters consistent paint application, minimizing overspray and ultimately leading to superior quality results.

“Market for 1,000 MM to 2,000 MM segment holds for largest market share during the forecast period.”
The cost-effectiveness of robots within the 1,000 mm to 2,000 mm reach segment is a significant driving factor for their increased demand. Compared to larger robots with greater reach, these robots typically come with a lower initial cost, making them particularly appealing for companies seeking to automate specific painting tasks without committing to substantial upfront expenses. By offering a cost-effective solution, these robots enable businesses to adopt automation more readily, thereby driving the overall demand for painting robots within this reach range. Companies across various industries are increasingly adopting cobots within the 1,000 mm to 2,000 mm reach range to optimize their painting operations. In the automotive industry, cobots within this reach range are being utilized for tasks such as painting car components, where precision and flexibility are crucial. For instance, BMW’s production facilities leverage cobots to assist in painting intricate car components such as door panels, bumpers, and trim pieces.

“Painting segment holds for largest market share during the forecast period.”
The painting function encompasses various techniques, including waterborne, solvent-borne, and UV-cured painting methods, each offering distinct advantages. Water-borne painting, characterized by its eco-friendly nature and low volatile organic compound (VOC) emissions, has gained traction in industries emphasizing sustainability, such as automotive and furniture manufacturing. Solvent-based paints offer superior adhesion and protection against harsh environments, making them ideal for coating aircraft components and industrial machinery subjected to rigorous operating conditions. UV-cured paints, activated by ultraviolet light, enable instantaneous drying and curing, eliminating the need for prolonged drying periods and reducing production cycle times significantly. Advancements in painting techniques and robotic technology are expected to drive the painting robot market in future.

“Market for Atomizers segment is projected to grow with the highest CAGR by 2029.”
Paint atomization is the process of breaking down liquid paint into very small droplets, which are then directed onto a target object. This process is crucial for efficient paint application. In the pursuit of maximizing efficiency and achieving impeccable paint finishes, paint robots are frequently integrated with supplementary automatic painting equipment, such as rotational Bell atomizers, along with other automatic electrostatic or conventional sprayers, which are strategically mounted onto the robot platform. Rotational Bell atomizers utilize a spinning bell to disperse paint in a fine mist, allowing for even coverage across various surfaces. By incorporating rotational Bell atomizers into the robotic painting process, manufacturers can attain a high level of control over paint application, resulting in superior finish quality.

“Market for Automotive & Transportation segment is projected to hold for largest share during the forecast timeline.”
Painting robots have revolutionized the automotive manufacturing process by ensuring uniform paint application, improving product quality, and reducing labor costs. They play a vital role in achieving a consistent, high-quality paint finish on car bodies, chassis components, and various interior parts. Painting robots enable manufacturers to achieve significant time and cost savings by reducing material wastage and minimizing rework, thereby enhancing overall operational efficiency. The automotive industry is increasingly facing skilled labor shortages. Painting robots help reduce the dependence on skilled labor for painting tasks. They also reduce the safety risks associated with manual painting, where workers might be exposed to hazardous paint fumes or experience repetitive strain injuries.
Leading car manufacturers like Tesla and Mercedes-Benz utilize painting robots extensively to deliver a premium finish on their vehicles. As manufacturers strive for greater efficiency, consistent quality, and adherence to evolving design trends, painting robots will remain a critical element of their production lines.

“North America is expected to have the second-highest CAGR during the forecast period.”
North America boasts a well-established market for painting robots, particularly in industries like automotive and aerospace that have traditionally utilized automation for efficiency and quality control. While the growth trajectory may not be as significant as in the rapidly developing Asia Pacific region, North America presents a stable and promising market for painting robots. According to the International Federation of Robotics (IFR), Manufacturing companies in the US significantly increased their investment in automation, with industrial robot installations rising by 12% to reach a total of 44,303 units in 2023. As automotive manufacturers continue to invest in robotic solutions to streamline production processes and meet growing demand, the demand for painting robots is expected to surge correspondingly. The rising labor costs in North America are compelling manufacturers to seek more efficient and cost-effective production methods, thereby driving the demand for painting robots. According to the Bureau of Labor Statistics, compensation costs for civilian workers in the US increased by 1.0% over the three-month period ending December 2023 and saw a year-over-year rise of 4.3%. This increase includes a 1.0% rise in wages and salaries over the same three-month period, contributing to a 4.5% annual increase. The financial and operational benefits provided by painting robots make them an appealing investment for manufacturers looking to counteract the effects of rising labor expenses and maintain high production standards.

Extensive primary interviews were conducted with key industry experts in the Painting Robot market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below: The break-up of the profile of primary participants in the Painting Robot market:
• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C Level – 45%, Director Level – 35%, Others-20%
• By Region: North America – 40%, Europe – 18%, Asia Pacific – 35%, ROW- 7%

塗装ロボット市場 : 2029年までの世界予測 region

The report profiles key players in the Painting Robot market with their respective market ranking analysis. Prominent players profiled in this report are ABB (Switzerland), FANUC CORPORATION (Japan), KUKA AG (Germany), YASKAWA ELECTRIC CORPORATION (Japan), Kawasaki Heavy Industries, Ltd. (Japan), DURR AG (Germany), Epistolio (Italy), krautzberger (Germany), CMA robotics (Italy), Stäubli International AG. (Switzerland) among others.
Apart from this, Robotic paint group (China), b+m surface systems GmbH (Germany), EFORT Intelligent Equipment Co., Ltd. (China), Hangzhou Color Powder Coating Equipment Co.,Ltd. (China), Gruppo Sacmi (Italy), OMRON Corporation (Japan), Universal Robots A/S (Denmark), Denso Robotics (US), Wuhan Huazhong Numerical Control Co., Ltd. (China), Shenzhen Han’s Robot Co., Ltd (China), Borunte Robot Co., Ltd. (China), Cefla Finishing (Italy), CML Finishing (Italy), JAKA Robotics (China), are among a few emerging companies in the Painting Robot market.

Research Coverage: This research report categorizes the Painting Robot market based on Mounting Type, Robot Type, Payload, Reach, Function, Paint Applicator, End-use Industry and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the Painting Robot market and forecasts the same till 2029. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the Painting Robot ecosystem.

Key Benefits of Buying the Report: The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Painting Robot market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (The rising need for automation in production; the expanding use of robotic painting systems by car manufacturers; strict environmental laws and worries about employee safety) influencing the growth of the Painting Robot market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Painting Robot market.
• Market Development: Comprehensive information about lucrative markets – the report analysis the Painting Robot market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Painting Robot market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ABB (Switzerland), FANUC CORPORATION (Japan), KUKA AG (Germany), YASKAWA ELECTRIC CORPORATION (Japan), Kawasaki Heavy Industries, Ltd. (Japan) among others in the Painting Robot market.

Table of Contents

1            INTRODUCTION            34

1.1         STUDY OBJECTIVES      34

1.2         MARKET DEFINITION   34

1.3         STUDY SCOPE  35

1.3.1      MARKETS COVERED     35

FIGURE 1           PAINTING ROBOT MARKET SEGMENTATION   35

1.3.2      REGIONAL SCOPE         36

1.3.3      YEARS CONSIDERED     36

1.3.4      INCLUSIONS AND EXCLUSIONS 36

1.4         CURRENCY CONSIDERED          37

1.5         UNITS CONSIDERED     37

1.6         LIMITATIONS   37

1.7         STAKEHOLDERS            38

1.8         IMPACT OF RECESSION 38

FIGURE 2           GDP GROWTH PROJECTION DATA FOR MAJOR ECONOMIES, 2021–2023          39

2            RESEARCH METHODOLOGY     40

2.1         RESEARCH DATA           40

FIGURE 3           PAINTING ROBOT MARKET: RESEARCH DESIGN            40

2.1.1      SECONDARY DATA       41

2.1.1.1   Major secondary sources    42

2.1.1.2   Key data from secondary sources     42

2.1.2      PRIMARY DATA 43

2.1.2.1   Key participants in primary interviews           43

2.1.2.2   Key data from primary sources         44

2.1.2.3   Insights of industry experts 44

2.1.2.4   Breakdown of primaries     45

2.1.3      SECONDARY AND PRIMARY RESEARCH 45

2.2         MARKET SIZE ESTIMATION       46

FIGURE 4           RESEARCH FLOW: PAINTING ROBOT MARKET SIZE ESTIMATION    46

2.2.1      BOTTOM-UP APPROACH           46

2.2.1.1   Estimating market size using bottom-up approach (demand side)            46

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       47

2.2.2      TOP-DOWN APPROACH             47

2.2.2.1   Estimating market size using top-down approach (supply side)  47

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       48

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED BY PAINTING ROBOT COMPANIES         48

2.3         DATA TRIANGULATION             49

FIGURE 8           DATA TRIANGULATION             49

2.4         RESEARCH ASSUMPTIONS         50

FIGURE 9           ASSUMPTIONS OF RESEARCH STUDY    50

2.5         RISK ASSESSMENT         51

TABLE 1             LIMITATIONS AND ASSOCIATED RISKS 51

2.6         PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON MARKET            51

2.7         RESEARCH LIMITATIONS           52

3            EXECUTIVE SUMMARY 53

FIGURE 10         FLOOR MOUNTED PAINTING ROBOTS SEGMENT TO DOMINATE MARKET IN 2029     54

FIGURE 11         ARTICULATED ROBOTS SEGMENT TO LEAD PAINTING ROBOT MARKET IN 2029            54

FIGURE 12         UP TO 10 KG SEGMENT TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD     55

FIGURE 13         PAINTING ROBOTS WITH 2,000 MM TO 3,000 MM REACH TO RECORD FASTEST GROWTH RATE DURING FORECAST PERIOD 55

FIGURE 14         PAINTING SEGMENT TO DOMINATE PAINTING ROBOT MARKET IN 2029             56

FIGURE 15         ATOMIZERS SEGMENT TO LEAD PAINTING ROBOT MARKET IN 2029 56

FIGURE 16         FURNITURE INDUSTRY TO RECORD FASTEST GROWTH RATE DURING FORECAST PERIOD     57

FIGURE 17         ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF PAINTING ROBOT MARKET IN 2023       57

TABLE 2             PAINTING ROBOT MARKET, BY COMPONENT, 2020–2023 (USD MILLION)          58

TABLE 3             PAINTING ROBOT MARKET, BY COMPONENT, 2024–2029 (USD MILLION)          58

4            PREMIUM INSIGHTS      59

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PAINTING ROBOT MARKET            59

FIGURE 18         GROWING DEMAND FOR AUTOMATION ACROSS INDUSTRIES TO DRIVE MARKET       59

4.2         PAINTING ROBOT MARKET, BY MOUNTING TYPE         59

FIGURE 19         FLOOR MOUNTED PAINTING ROBOTS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 59

4.3         PAINTING ROBOT MARKET, BY ROBOT TYPE   60

FIGURE 20         COLLABORATIVE ROBOTS SEGMENT TO RECORD HIGHEST CAGR FROM 2024 TO 2029          60

4.4         PAINTING ROBOT MARKET, BY PAYLOAD         60

FIGURE 21         UP TO 10 KG SEGMENT TO LEAD MARKET DURING FORECAST PERIOD              60

4.5         PAINTING ROBOT MARKET, BY REACH 61

FIGURE 22         2,000 MM TO 3,000 MM SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD     61

4.6         PAINTING ROBOT MARKET, BY FUNCTION        61

FIGURE 23         PAINTING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD              61

4.7         PAINTING ROBOT MARKET, BY PAINT APPLICATOR     62

FIGURE 24         ATOMIZERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       62

4.8         PAINTING ROBOT MARKET, BY END-USE INDUSTRY     62

FIGURE 25         CONSUMER ELECTRONICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029  62

4.9         PAINTING ROBOT MARKET, BY COUNTRY         63

FIGURE 26         MEXICO TO BE FASTEST-GROWING MARKET GLOBALLY DURING FORECAST PERIOD     63

5            MARKET OVERVIEW     64

5.1         INTRODUCTION            64

5.2         MARKET DYNAMICS     64

FIGURE 27         PAINTING ROBOT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    64

5.2.1      DRIVERS            65

5.2.1.1   Increasing demand for automation in manufacturing processes  65

5.2.1.2   Rising adoption of paint robots by automotive manufacturers    65

5.2.1.3   Stringent environmental regulations and concerns over worker safety      66

FIGURE 28         PAINTING ROBOT MARKET: IMPACT OF DRIVERS          67

5.2.2      RESTRAINTS     67

5.2.2.1   High purchase price and integration costs      67

5.2.2.2   Programming complexity and need for skilled personnel            68

FIGURE 29         PAINTING ROBOT MARKET: IMPACT OF RESTRAINTS   68

5.2.3      OPPORTUNITIES           69

5.2.3.1   Increasing preference for automated painting solutions in aerospace, furniture, and construction industries 69

5.2.3.2   Rising labor costs and shortage of workers     69

5.2.3.3   Integration of advanced technologies like machine learning, computer vision, and artificial intelligence          70

FIGURE 30         PAINTING ROBOT MARKET: IMPACT OF OPPORTUNITIES              71

5.2.4      CHALLENGES   71

5.2.4.1   Cybersecurity risks and potential vulnerabilities in robotic systems          71

FIGURE 31         PAINTING ROBOT MARKET: IMPACT OF CHALLENGES 72

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       72

FIGURE 32         TRENDS INFLUENCING CUSTOMER BUSINESS  72

5.4         PRICING ANALYSIS        73

5.4.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY MOUNTING TYPE    73

FIGURE 33         AVERAGE SELLING PRICE TREND OF PAINTING ROBOTS OFFERED BY KEY PLAYERS, BY MOUNTING TYPE           73

TABLE 4             INDICATIVE PRICING TREND OF KEY PLAYERS,  BY MOUNTING TYPE (USD)            74

5.4.2      AVERAGE SELLING PRICE TREND, BY REGION  74

FIGURE 34         AVERAGE SELLING PRICE TREND OF PAINTING ROBOTS, BY REGION, 2020–2023        75

5.5         VALUE CHAIN ANALYSIS            75

FIGURE 35         VALUE CHAIN ANALYSIS: MAJOR VALUE ADDITION DURING RESEARCH & DEVELOPMENT AND MANUFACTURING STAGES 75

5.6         ECOSYSTEM ANALYSIS 77

FIGURE 36         PAINTING ROBOT MARKET: ECOSYSTEM          77

TABLE 5             PAINTING ROBOT MARKET: ECOSYSTEM          78

5.7         INVESTMENT AND FUNDING SCENARIO            79

FIGURE 37         FUNDS AUTHORIZED FOR ROBOTICS STARTUPS (US)  79

5.8         TECHNOLOGY ANALYSIS           80

5.8.1      KEY TECHNOLOGIES    80

5.8.1.1   Computer vision  80

5.8.1.2   Vision systems and sensors 80

5.8.1.3   Paint application systems   81

5.8.2      COMPLEMENTARY TECHNOLOGIES     81

5.8.2.1   Artificial intelligence (AI) and machine learning (ML) 81

5.8.2.2   Simulation software           82

5.8.2.3   Advanced coating 82

5.8.3      ADJACENT TECHNOLOGIES      83

5.8.3.1   Collaborative robots (cobots)          83

5.8.3.2   Augmented reality (AR) and virtual reality (VR)          83

5.9         PATENT ANALYSIS        84

TABLE 6             PATENT REGISTRATIONS RELATED TO PAINTING ROBOTS              84

FIGURE 38         NUMBER OF PATENTS GRANTED PER YEAR FROM 2014 TO 2024              88

FIGURE 39         COMPANIES WITH SUBSTANTIAL NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS          88

TABLE 7             TOP 20 PATENT OWNERS IN LAST 10 YEARS      88

5.10       TRADE ANALYSIS          89

5.10.1    IMPORT SCENARIO (HS CODE 847950)  89

FIGURE 40         IMPORT DATA OF INDUSTRIAL ROBOTS, N.E.S., BY COUNTRY,  2019–2023 (USD MILLION)          89

5.10.2    EXPORT SCENARIO (HS CODE 847950)  90

FIGURE 41         EXPORT DATA OF INDUSTRIAL ROBOTS, N.E.S., BY COUNTRY,  2019–2023 (USD MILLION)          90

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     90

TABLE 8             PAINTING ROBOT MARKET: CONFERENCES AND EVENTS, 2024–2025          90

5.12       CASE STUDY ANALYSIS 93

5.12.1    ABB ROBOTIC PAINTING SYSTEMS SIGNIFICANTLY REDUCE PAINT CONSUMPTION BY AUSTRALIAN COMPANY     93

5.12.2    USE OF KAWASAKI ROBOT WITH SPRAY GUN REDUCES DOWNTIME AT BATON, LLC     94

5.12.3    KUKA PAINTING ROBOTS HELP INCREASE CAPACITY AT HANNEX              94

5.12.4    ROADPRINTZ’S ROBOTIC ROAD PAINTING SYSTEM IMPROVES WORKER SAFETY           95

5.12.5    COLLABORATIVE ROBOT FROM INDUSTRIAL AUTOMOTATION IMPROVES PAINTING OPERATIONS      95

5.13       REGULATORY LANDSCAPE       96

5.13.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          96

TABLE 9             NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         97

TABLE 10           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS 98

TABLE 11           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      99

TABLE 12           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS          99

5.13.2    STANDARDS AND REGULATIONS RELATED TO PAINTING ROBOTS              100

TABLE 13           NORTH AMERICA: SAFETY STANDARDS FOR PAINTING ROBOTS             100

TABLE 14           EUROPE: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS              101

TABLE 15           ASIA PACIFIC: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS             101

TABLE 16           ROW: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS              101

5.14       PORTER’S FIVE FORCES ANALYSIS         102

FIGURE 42         PAINTING ROBOT MARKET: PORTER’S FIVE FORCES ANALYSIS              102

5.14.1    THREAT OF NEW ENTRANTS    102

5.14.2    THREAT OF SUBSTITUTES         103

5.14.3    BARGAINING POWER OF SUPPLIERS     103

5.14.4    BARGAINING POWER OF BUYERS           103

5.14.5    INTENSITY OF COMPETITIVE RIVALRY 103

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    104

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         104

FIGURE 43         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES        104

TABLE 17           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%) 104

5.15.2    BUYING CRITERIA         105

FIGURE 44         KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              105

TABLE 18           KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              105

6            PAINTING ROBOT MARKET, BY MOUNTING TYPE         106

6.1         INTRODUCTION            107

FIGURE 45         RAIL MOUNTED PAINTING ROBOTS SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD    107

TABLE 19           PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2020–2023 (USD MILLION) 108

TABLE 20           PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2024–2029 (USD MILLION) 108

6.2         FLOOR MOUNTED PAINTING ROBOTS 108

6.2.1      GROWING SHIFT TOWARD INDUSTRIAL AUTOMATION TO DRIVE DEMAND           108

TABLE 21           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY ROBOT TYPE,  2020–2023 (USD MILLION)          109

TABLE 22           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY ROBOT TYPE,  2024–2029 (USD MILLION)          109

TABLE 23          FLOOR MOUNTED: PAINTING ROBOT MARKET, BY FUNCTION, 2020–2023 (USD MILLION)          109

TABLE 24          FLOOR MOUNTED: PAINTING ROBOT MARKET, BY FUNCTION, 2024–2029 (USD MILLION)          110

TABLE 25           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY,  2020–2023 (USD MILLION)       110

TABLE 26           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY,  2024–2029 (USD MILLION)       110

TABLE 27           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 110

TABLE 28           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 111

TABLE 29           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2020–2023 (USD MILLION)              111

TABLE 30           FLOOR MOUNTED: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2024–2029 (USD MILLION)              111

6.3         WALL MOUNTED PAINTING ROBOTS   112

6.3.1      INCREASING ADOPTION ACROSS VARIOUS INDUSTRIES TO PROPEL MARKET            112

TABLE 31           WALL MOUNTED: PAINTING ROBOT MARKET, BY ROBOT TYPE, 2020–2023 (USD MILLION)             113

TABLE 32           WALL MOUNTED: PAINTING ROBOT MARKET, BY ROBOT TYPE, 2024–2029 (USD MILLION)             113

TABLE 33           WALL MOUNTED: PAINTING ROBOT MARKET, BY FUNCTION, 2020–2023 (USD MILLION)          113

TABLE 34           WALL MOUNTED: PAINTING ROBOT MARKET, BY FUNCTION, 2024–2029 (USD MILLION)          113

TABLE 35           WALL MOUNTED: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY,  2020–2023 (USD MILLION)       114

TABLE 36           WALL MOUNTED: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY,  2024–2029 (USD MILLION)       114

TABLE 37           WALL MOUNTED: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 114

TABLE 38           WALL MOUNTED: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 115

TABLE 39           WALL MOUNTED: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2020–2023 (USD MILLION)              115

TABLE 40           WALL MOUNTED: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2024–2029 (USD MILLION)              115

6.4         RAIL MOUNTED PAINTING ROBOTS      116

6.4.1      RISING USE IN AIRCRAFT MANUFACTURING FACILITIES TO DRIVE MARKET            116

TABLE 41           RAIL MOUNTED: PAINTING ROBOT MARKET, BY ROBOT TYPE, 2020–2023 (USD MILLION)          116

TABLE 42           RAIL MOUNTED: PAINTING ROBOT MARKET, BY ROBOT TYPE, 2024–2029 (USD MILLION)          117

TABLE 43           RAIL MOUNTED: PAINTING ROBOT MARKET, BY FUNCTION, 2020–2023 (USD MILLION)          117

TABLE 44           RAIL MOUNTED: PAINTING ROBOT MARKET, BY FUNCTION, 2024–2029 (USD MILLION)          117

TABLE 45           RAIL MOUNTED: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY,  2020–2023 (USD MILLION)       117

TABLE 46           RAIL MOUNTED: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY,  2024–2029 (USD MILLION)       118

TABLE 47           RAIL MOUNTED: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 118

TABLE 48           RAIL MOUNTED: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 118

TABLE 49           RAIL MOUNTED: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2020–2023 (USD MILLION)              119

TABLE 50           RAIL MOUNTED: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2024–2029 (USD MILLION)              119

6.5         OTHERS             119

TABLE 51           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY ROBOT TYPE,  2020–2023 (USD MILLION)          120

TABLE 52           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY ROBOT TYPE,  2024–2029 (USD MILLION)          120

TABLE 53           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY FUNCTION,  2020–2023 (USD MILLION) 120

TABLE 54           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY FUNCTION,  2024–2029 (USD MILLION) 120

TABLE 55           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY, 2020–2023 (USD MILLION)    121

TABLE 56           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY PAINTING TECHNOLOGY, 2024–2029 (USD MILLION)    121

TABLE 57           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION)           121

TABLE 58           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)           122

TABLE 59           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2020–2023 (USD MILLION)              122

TABLE 60           OTHER MOUNTING TYPES: PAINTING ROBOT MARKET, BY AUTOMOTIVE & TRANSPORTATION INDUSTRY, 2024–2029 (USD MILLION)              122

7            PAINTING ROBOT MARKET, BY ROBOT TYPE   123

7.1         INTRODUCTION            124

TABLE 61           PAINTING ROBOT MARKET, BY ROBOT TYPE, 2020–2023 (USD MILLION)          124

TABLE 62           PAINTING ROBOT MARKET, BY ROBOT TYPE, 2024–2029 (USD MILLION)          124

TABLE 63           PAINTING ROBOT MARKET, BY ROBOT ARM, 2020–2023 (THOUSAND UNITS)     125

TABLE 64           PAINTING ROBOT MARKET, BY ROBOT ARM, 2024–2029 (THOUSAND UNITS)     125

FIGURE 46         ARTICULATED ROBOTS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    125

7.2         ARTICULATED ROBOTS             126

7.2.1      RISING DEMAND IN AUTOMOTIVE MANUFACTURING, AEROSPACE, AND ELECTRONICS INDUSTRIES           126

TABLE 65           ARTICULATED ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)  127

TABLE 66           ARTICULATED ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)  127

7.3         CARTESIAN ROBOTS     127

7.3.1      GROWING DEMAND DUE TO EASY PROGRAMMABILITY            127

TABLE 67           CARTESIAN ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)  128

TABLE 68           CARTESIAN ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)  128

7.4         SCARA ROBOTS              129

7.4.1      INCREASING DEMAND DUE TO PROVISION OF HIGH SPEED, PRECISION, AND ACCURACY     129

TABLE 69           SCARA ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          129

TABLE 70           SCARA ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          130

7.5         COLLABORATIVE ROBOTS        130

7.5.1      GROWING USE IN LOW-VOLUME PRODUCTION SCENARIOS     130

TABLE 71           COLLABORATIVE ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)  131

TABLE 72           COLLABORATIVE ROBOTS: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)  131

8            PAINTING ROBOT MARKET, BY PAYLOAD         132

8.1         INTRODUCTION            133

FIGURE 47         UP TO 10 KG SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD       133

TABLE 73           PAINTING ROBOT MARKET, BY PAYLOAD, 2020–2023 (USD MILLION)          133

TABLE 74           PAINTING ROBOT MARKET, BY PAYLOAD, 2024–2029 (USD MILLION)          134

8.2         UP TO 10 KG     134

8.2.1      WIDESPREAD ADOPTION OF LOW-PAYLOAD PAINTING ROBOTS ACROSS DIVERSE INDUSTRIES  134

8.3         10.01–30 KG       135

8.3.1      SURGE IN ADOPTION DUE TO HIGHER EFFICIENCY AND CONSISTENCY  135

8.4         30.01–45 KG       135

8.4.1      RISING DEMAND FROM HEAVY MACHINERY MANUFACTURERS              135

8.5         MORE THAN 45 KG        136

8.5.1      INCREASING APPLICATIONS IN SHIPPING AND CONSTRUCTION INDUSTRIES      136

9            PAINTING ROBOT MARKET, BY REACH 137

9.1         INTRODUCTION            138

FIGURE 48         2,000 MM TO 3,000 MM SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD     138

TABLE 75           PAINTING ROBOT MARKET, BY REACH, 2020–2023 (USD MILLION)          139

TABLE 76           PAINTING ROBOT MARKET, BY REACH, 2024–2029 (USD MILLION)          139

9.2         LESS THAN 1,000 MM     139

9.2.1      INCREASING ADOPTION OF AUTOMATION IN SMALL PARTS PAINTING TO DRIVE GROWTH 139

9.3         1,000 MM TO 2,000 MM  140

9.3.1      COST-EFFECTIVENESS TO DRIVE DEMAND ACROSS INDUSTRIES              140

9.4         2,000 MM TO 3,000 MM  140

9.4.1      INCREASING ADOPTION FOR LARGE-SCALE PAINTING TO DRIVE DEMAND           140

9.5         MORE THAN 3,000 MM  141

9.5.1      SIGNIFICANT GROWTH IN AEROSPACE INDUSTRY TO DRIVE DEMAND              141

10          PAINTING ROBOT MARKET, BY FUNCTION        142

10.1       INTRODUCTION            143

TABLE 77           PAINTING ROBOT MARKET, BY FUNCTION, 2020–2023 (USD MILLION)          143

TABLE 78           PAINTING ROBOT MARKET, BY FUNCTION, 2024–2029 (USD MILLION)          143

FIGURE 49         PAINTING SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD     144

10.2       PAINTING         144

10.2.1    ENHANCED PRODUCTIVITY ACROSS INDUSTRIES TO DRIVE DEMAND              144

TABLE 79           PAINTING: PAINTING ROBOT MARKET, BY TYPE, 2020–2023 (USD MILLION) 145

TABLE 80           PAINTING: PAINTING ROBOT MARKET, BY TYPE, 2024–2029 (USD MILLION) 145

TABLE 81           PAINTING: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          145

TABLE 82           PAINTING: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          145

TABLE 83           PAINTING: PAINTING ROBOT MARKET, BY PAINT APPLICATOR,  2020–2023 (USD MILLION)          146

TABLE 84           PAINTING: PAINTING ROBOT MARKET, BY PAINT APPLICATOR,  2024–2029 (USD MILLION)          146

10.2.2    WATERBORNE 146

10.2.3    SOLVENT-BORNE          146

10.2.4    UV-CURED        147

10.3       SPRAYING & COATING 147

10.3.1    EXPANDING APPLICATIONS ACROSS INDUSTRIES TO BOOST MARKET              147

TABLE 85           SPRAYING & COATING: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)  148

TABLE 86           SPRAYING & COATING: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)  148

TABLE 87           SPRAYING & COATING: PAINTING ROBOT MARKET, BY PAINT APPLICATOR,  2020–2023 (USD MILLION)          149

TABLE 88           SPRAYING & COATING: PAINTING ROBOT MARKET, BY PAINT APPLICATOR,  2024–2029 (USD MILLION)          149

11          PAINTING ROBOT MARKET, BY PAINT APPLICATOR     150

11.1       INTRODUCTION            151

TABLE 89           PAINTING ROBOT MARKET, BY PAINT APPLICATOR, 2020–2023 (USD MILLION) 151

TABLE 90           PAINTING ROBOT MARKET, BY PAINT APPLICATOR, 2024–2029 (USD MILLION) 151

FIGURE 50         ATOMIZERS SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD     152

11.2       ATOMIZERS      152

11.2.1    INCREASING USE ACROSS INDUSTRIES TO DRIVE DEMAND      152

TABLE 91           ATOMIZERS: PAINTING ROBOT MARKET, BY FUNCTION, 2020–2023 (USD MILLION)     153

TABLE 92           ATOMIZERS: PAINTING ROBOT MARKET, BY FUNCTION, 2024–2029 (USD MILLION)     153

11.3       AIR GUNS          153

11.3.1    ESCALATING ADOPTION IN AUTOMOTIVE AND AEROSPACE INDUSTRIES TO PROPEL MARKET         153

TABLE 93           AIR GUNS: PAINTING ROBOT MARKET, BY FUNCTION, 2020–2023 (USD MILLION)     154

TABLE 94           AIR GUNS: PAINTING ROBOT MARKET, BY FUNCTION, 2024–2029 (USD MILLION)     154

12          PAINTING ROBOT MARKET, BY END-USE INDUSTRY     155

12.1       INTRODUCTION            156

FIGURE 51         AUTOMOTIVE & TRANSPORTATION SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 156

TABLE 95           PAINTING ROBOT MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 157

TABLE 96           PAINTING ROBOT MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 157

12.2       AUTOMOTIVE & TRANSPORTATION     157

TABLE 97           AUTOMOTIVE & TRANSPORTATION: PAINTING ROBOT MARKET, BY TYPE,  2020–2023 (USD MILLION) 158

TABLE 98           AUTOMOTIVE & TRANSPORTATION: PAINTING ROBOT MARKET, BY TYPE,  2024–2029 (USD MILLION) 158

TABLE 99           AUTOMOTIVE & TRANSPORTATION: PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2020–2023 (USD MILLION)         158

TABLE 100         AUTOMOTIVE & TRANSPORTATION: PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2024–2029 (USD MILLION)         159

TABLE 101         AUTOMOTIVE & TRANSPORTATION: PAINTING ROBOT MARKET, BY REGION,  2020–2023 (USD MILLION)          159

TABLE 102         AUTOMOTIVE & TRANSPORTATION: PAINTING ROBOT MARKET, BY REGION,  2024–2029 (USD MILLION)          159

12.2.1    AUTOMOTIVE  160

12.2.1.1 Optimization of production processes to drive demand 160

TABLE 103         AUTOMOTIVE: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          160

TABLE 104         AUTOMOTIVE: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          161

TABLE 105         AUTOMOTIVE: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION)     161

TABLE 106         AUTOMOTIVE: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION)     161

12.2.2    RAILWAY           161

12.2.2.1 Burgeoning demand for high-quality finishes to drive market    161

TABLE 107         RAILWAY: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          162

TABLE 108         RAILWAY: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          162

TABLE 109         RAILWAY: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION) 163

TABLE 110         RAILWAY: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION) 163

12.2.3    AIRCRAFT         163

12.2.3.1 Need for exceptional precision in paint application to boost demand        163

TABLE 111         AIRCRAFT: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          164

TABLE 112         AIRCRAFT: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          164

TABLE 113         AIRCRAFT: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION) 164

TABLE 114         AIRCRAFT: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION) 165

12.2.4    SHIPS   165

12.2.4.1 Requirement for consistent coating of large surfaces to drive demand      165

TABLE 115         SHIPS: PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2020–2023 (USD MILLION)     166

TABLE 116         SHIPS: PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2024–2029 (USD MILLION)     166

TABLE 117         SHIPS: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION)          166

TABLE 118         SHIPS: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION)          166

12.3       CONSUMER APPLIANCES           167

12.3.1    INCREASING DEMAND FOR CUSTOMIZED CONSUMER ELECTRONICS TO BOOST MARKET      167

TABLE 119         CONSUMER APPLIANCES: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)  167

TABLE 120         CONSUMER APPLIANCES: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)  168

TABLE 121         CONSUMER APPLIANCES: PAINTING ROBOT MARKET, BY REGION,  2020–2023 (USD MILLION)     168

TABLE 122         CONSUMER APPLIANCES: PAINTING ROBOT MARKET, BY REGION,  2024–2029 (USD MILLION)     168

12.4       FURNITURE      169

12.4.1    NEED FOR HIGH-QUALITY SURFACE FINISHING TO DRIVE DEMAND              169

TABLE 123        FURNITURE: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          169

TABLE 124        FURNITURE: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          170

TABLE 125         FURNITURE: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION)     170

TABLE 126         FURNITURE: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION)     170

12.5       CONSTRUCTION            170

12.5.1    GROWING SHORTAGE OF SKILLED WORKERS TO DRIVE DEMAND              170

TABLE 127         CONSTRUCTION: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)          171

TABLE 128         CONSTRUCTION: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)          172

TABLE 129         CONSTRUCTION: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION)          172

TABLE 130         CONSTRUCTION: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION)          172

12.6       HEAVY ENGINEERING EQUIPMENT       173

12.6.1    INCREASING REQUIREMENT FOR UNIFORM COATING TO PROPEL DEMAND           173

TABLE 131         HEAVY ENGINEERING EQUIPMENT: PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2020–2023 (USD MILLION)         173

TABLE 132         HEAVY ENGINEERING EQUIPMENT: PAINTING ROBOT MARKET, BY MOUNTING TYPE, 2024–2029 (USD MILLION)         174

TABLE 133         HEAVY ENGINEERING EQUIPMENT: PAINTING ROBOT MARKET, BY REGION,  2020–2023 (USD MILLION)          174

TABLE 134         HEAVY ENGINEERING EQUIPMENT: PAINTING ROBOT MARKET, BY REGION,  2024–2029 (USD MILLION)          174

12.7       OTHER INDUSTRIES      175

TABLE 135         OTHER INDUSTRIES: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2020–2023 (USD MILLION)  175

TABLE 136         OTHER INDUSTRIES: PAINTING ROBOT MARKET, BY MOUNTING TYPE,  2024–2029 (USD MILLION)  176

TABLE 137         OTHER INDUSTRIES: PAINTING ROBOT MARKET, BY REGION,  2020–2023 (USD MILLION)          176

TABLE 138         OTHER INDUSTRIES: PAINTING ROBOT MARKET, BY REGION,  2024–2029 (USD MILLION)          176

13          PAINTING ROBOT MARKET, BY REGION             177

13.1       INTRODUCTION            178

FIGURE 52         ASIA PACIFIC TO RECORD HIGHEST CAGR IN PAINTING ROBOT MARKET FROM 2024 TO 2029     178

TABLE 139         PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION)          179

TABLE 140         PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION)          179

13.2       NORTH AMERICA          179

13.2.1    NORTH AMERICA: RECESSION IMPACT 180

FIGURE 53         NORTH AMERICA: PAINTING ROBOT MARKET SNAPSHOT              181

FIGURE 54         MEXICO TO RECORD HIGHEST CAGR IN PAINTING ROBOT MARKET IN NORTH AMERICA FROM 2024 TO 2029          181

TABLE 141         NORTH AMERICA: PAINTING ROBOT MARKET, BY COUNTRY,  2020–2023 (USD MILLION)          182

TABLE 142         NORTH AMERICA: PAINTING ROBOT MARKET, BY COUNTRY,  2024–2029 (USD MILLION)          182

TABLE 143         NORTH AMERICA: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 182

TABLE 144         NORTH AMERICA: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 183

TABLE 145         NORTH AMERICA: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION,  BY TYPE, 2020–2023 (USD MILLION)              183

TABLE 146         NORTH AMERICA: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2024–2029 (USD MILLION)              183

13.2.2    US         184

13.2.2.1 Growth in automotive industry to drive demand          184

13.2.3    CANADA            184

13.2.3.1 Increased foreign investments in robotics to drive demand         184

13.2.4    MEXICO             185

13.2.4.1 Growing penetration of Industry 4.0 to accelerate demand        185

13.3       EUROPE             186

13.3.1    EUROPE: RECESSION IMPACT   186

FIGURE 55         EUROPE: PAINTING ROBOT MARKET SNAPSHOT           187

FIGURE 56         UK TO RECORD HIGHEST CAGR IN PAINTING ROBOT MARKET IN EUROPE FROM  2024 TO 2029            188

TABLE 147         EUROPE: PAINTING ROBOT MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 188

TABLE 148         EUROPE: PAINTING ROBOT MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 188

TABLE 149         EUROPE: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION)          189

TABLE 150         EUROPE: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)          189

TABLE 151         EUROPE: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2020–2023 (USD MILLION)             189

TABLE 152         EUROPE: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2024–2029 (USD MILLION)             190

13.3.2    UK         190

13.3.2.1 Expansion of automotive industry to drive market        190

13.3.3    GERMANY         191

13.3.3.1 Government investments in robotics R&D to boost market        191

13.3.4    FRANCE             191

13.3.4.1 Increasing production of electric and hybrid vehicles to drive demand     191

13.3.5    ITALY   192

13.3.5.1 Innovation in automotive sector to accelerate demand 192

13.3.6    SPAIN   192

13.3.6.1 Increasing robot adoption in automotive industry to propel market          192

13.3.7    REST OF EUROPE           193

13.4       ASIA PACIFIC    193

13.4.1    ASIA PACIFIC: RECESSION IMPACT        194

FIGURE 57         ASIA PACIFIC: PAINTING ROBOT MARKET SNAPSHOT  195

FIGURE 58         INDIA TO RECORD HIGHEST CAGR IN PAINTING ROBOT MARKET IN ASIA PACIFIC  FROM 2024 TO 2029 195

TABLE 153         ASIA PACIFIC: PAINTING ROBOT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     196

TABLE 154         ASIA PACIFIC: PAINTING ROBOT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     196

TABLE 155         ASIA PACIFIC: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 196

TABLE 156         ASIA PACIFIC: PAINTING ROBOT MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 197

TABLE 157         ASIA PACIFIC: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION,  BY TYPE, 2020–2023 (USD MILLION)      197

TABLE 158         ASIA PACIFIC: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2024–2029 (USD MILLION)         197

13.4.2    CHINA  198

13.4.2.1 Rising investments in automation to bolster market     198

13.4.3    JAPAN  199

13.4.3.1 Increasing aging population to spur demand  199

13.4.4    SOUTH KOREA 199

13.4.4.1 Robust automotive industry to fuel market     199

13.4.5    INDIA   200

13.4.5.1 Increasing government initiatives and policies to accelerate automation  200

13.4.6    REST OF ASIA PACIFIC  200

13.5       REST OF THE WORLD (ROW)    201

13.5.1    ROW: RECESSION IMPACT         201

FIGURE 59         ROW: PAINTING ROBOT MARKET SNAPSHOT   202

FIGURE 60         MIDDLE EAST TO RECORD HIGHEST CAGR IN PAINTING ROBOT MARKET IN ROW FROM 2024 TO 2029    202

TABLE 159         ROW: PAINTING ROBOT MARKET, BY REGION, 2020–2023 (USD MILLION)          203

TABLE 160         ROW: PAINTING ROBOT MARKET, BY REGION, 2024–2029 (USD MILLION)          203

TABLE 161         ROW: PAINTING ROBOT MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          203

TABLE 162         ROW: PAINTING ROBOT MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          204

TABLE 163         ROW: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2020–2023 (USD MILLION)             204

TABLE 164         ROW: PAINTING ROBOT MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2024–2029 (USD MILLION)             204

13.5.2    MIDDLE EAST  205

13.5.2.1 Automation across industries to drive market 205

TABLE 165         MIDDLE EAST: PAINTING ROBOT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          205

TABLE 166         MIDDLE EAST: PAINTING ROBOT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          205

13.5.2.2 GCC countries     206

13.5.2.3 Rest of Middle East            206

13.5.3    AFRICA 207

13.5.3.1 Growth in automotive industry to fuel demand            207

13.5.4    SOUTH AMERICA           207

13.5.4.1 Increasing initiatives by Brazilian government to boost market  207

14          COMPETITIVE LANDSCAPE       208

14.1       OVERVIEW        208

14.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     208

TABLE 167         PAINTING ROBOT MARKET: KEY STRATEGIES DEPLOYED BY LEADING PLAYERS,  2020–2024 208

14.3       REVENUE ANALYSIS, 2019–2023 210

FIGURE 61         GLOBAL PAINTING ROBOT MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023   210

14.4       MARKET SHARE ANALYSIS, 2023             210

TABLE 168         PAINTING ROBOT MARKET: DEGREE OF COMPETITION              211

FIGURE 62         GLOBAL PAINTING ROBOT MARKET: MARKET SHARE ANALYSIS, 2023 211

14.5       COMPANY VALUATION AND FINANCIAL METRICS        214

FIGURE 63         COMPANY VALUATION 214

FIGURE 64         FINANCIAL METRICS    214

14.6       BRAND/PRODUCT COMPARISON          215

FIGURE 65         PAINTING ROBOT MARKET: TOP TRENDING BRANDS/PRODUCTS    215

14.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   215

14.7.1    STARS  215

14.7.2    EMERGING LEADERS    215

14.7.3    PERVASIVE PLAYERS     216

14.7.4    PARTICIPANTS 216

FIGURE 66         PAINTING ROBOT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     216

14.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      217

14.7.5.1 Company footprint            217

FIGURE 67         PAINTING ROBOT MARKET: COMPANY FOOTPRINT     217

14.7.5.2 Mounting type footprint    217

TABLE 169         PAINTING ROBOT MARKET: MOUNTING TYPE FOOTPRINT              217

14.7.5.3 Robot type footprint          218

TABLE 170         PAINTING ROBOT MARKET: ROBOT TYPE FOOTPRINT 218

14.7.5.4 Payload footprint 218

TABLE 171         PAINTING ROBOT MARKET: PAYLOAD FOOTPRINT      218

14.7.5.5 Reach footprint    219

TABLE 172         PAINTING ROBOT MARKET: REACH FOOTPRINT           219

14.7.5.6 Function footprint             219

TABLE 173         PAINTING ROBOT MARKET: FUNCTION FOOTPRINT    219

14.7.5.7 Paint applicator footprint  220

TABLE 174         PAINTING ROBOT MARKET:  PAINT APPLICATOR FOOTPRINT      220

14.7.5.8 End-use industry footprint 220

TABLE 175         PAINTING ROBOT MARKET: END-USE INDUSTRY FOOTPRINT              220

14.7.5.9 Region footprint  221

TABLE 176         PAINTING ROBOT MARKET: REGION FOOTPRINT         221

14.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          221

14.8.1    PROGRESSIVE COMPANIES       221

14.8.2    RESPONSIVE COMPANIES          221

14.8.3    DYNAMIC COMPANIES 221

14.8.4    STARTING BLOCKS       222

FIGURE 68         PAINTING ROBOT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             222

14.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             223

14.8.5.1 Detailed list of key startups/SMEs   223

TABLE 177         PAINTING ROBOT MARKET: KEY STARTUPS/SMES        223

14.8.5.2 Competitive benchmarking of key startups/SMEs        224

TABLE 178         PAINTING ROBOT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES           224

14.9       COMPETITIVE SCENARIO AND TRENDS             224

14.9.1    PRODUCT LAUNCHES  225

TABLE 179         PAINTING ROBOT MARKET: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024             225

14.9.2    DEALS  225

TABLE 180         PAINTING ROBOT MARKET: DEALS, JANUARY 2020–APRIL 2024              225

15          COMPANY PROFILES    227

15.1       KEY PLAYERS   227

(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/Right to win, Strategic choices, and Weaknesses and Competitive threats)*

15.1.1    ABB       227

TABLE 181         ABB: COMPANY OVERVIEW       227

FIGURE 69         ABB: COMPANY SNAPSHOT       228

TABLE 182         ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED        228

TABLE 183         ABB: PRODUCT LAUNCHES       229

TABLE 184         ABB: DEALS      230

TABLE 185         ABB: OTHERS   230

15.1.2    FANUC CORPORATION 232

TABLE 186         FANUC CORPORATION: COMPANY OVERVIEW 232

FIGURE 70         FANUC CORPORATION: COMPANY SNAPSHOT 233

TABLE 187         FANUC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          233

TABLE 188         FANUC CORPORATION: OTHERS           234

15.1.3    KUKA AG           237

TABLE 189         KUKA AG: COMPANY OVERVIEW            237

FIGURE 71         KUKA AG: COMPANY SNAPSHOT           238

TABLE 190         KUKA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              238

TABLE 191         KUKA AG: PRODUCT LAUNCHES            240

TABLE 192         KUKA AG: DEALS           240

15.1.4    YASKAWA ELECTRIC CORPORATION    243

TABLE 193         YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW              243

FIGURE 72         YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT              244

TABLE 194         YASKAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   244

TABLE 195         YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES              246

TABLE 196         YASKAWA ELECTRIC CORPORATION: DEALS    246

TABLE 197         YASKAWA ELECTRIC CORPORATION: OTHERS 247

15.1.5    KAWASAKI HEAVY INDUSTRIES, LTD.   249

TABLE 198         KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW              249

FIGURE 73         KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT              250

TABLE 199         KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   250

TABLE 200         KAWASAKI HEAVY INDUSTRIES, LTD.: DEALS    252

TABLE 201         KAWASAKI HEAVY INDUSTRIES, LTD.: OTHERS 253

15.1.6    DÜRR GROUP   255

TABLE 202         DÜRR GROUP: COMPANY OVERVIEW   255

FIGURE 74         DÜRR GROUP: COMPANY SNAPSHOT   256

TABLE 203         DÜRR GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              256

TABLE 204         DÜRR GROUP: DEALS   258

TABLE 205         DÜRR GROUP: OTHERS 259

15.1.7    EPISTOLIO        260

TABLE 206         EPISTOLIO: COMPANY OVERVIEW        260

TABLE 207         EPISTOLIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED              260

15.1.8    KRAUTZBERGER            261

TABLE 208         KRAUTZBERGER: COMPANY OVERVIEW             261

TABLE 209         KRAUTZBERGER: PRODUCTS/SOLUTIONS/SERVICES OFFERED          261

15.1.9    CMA ROBOTICS             263

TABLE 210         CMA ROBOTICS: COMPANY OVERVIEW 263

TABLE 211         CMA ROBOTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              263

15.1.10  STÄUBLI INTERNATIONAL AG  265

TABLE 212         STÄUBLI INTERNATIONAL AG: COMPANY OVERVIEW  265

TABLE 213         STÄUBLI INTERNATIONAL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED   265

TABLE 214         STÄUBLI INTERNATIONAL AG: DEALS  266

TABLE 215         STÄUBLI INTERNATIONAL AG: OTHERS             266

15.2       OTHER PLAYERS           267

15.2.1    LESTA  267

15.2.2    ROBOTIC PAINT GROUP            268

15.2.3    B+M SURFACE SYSTEMS GMBH 269

15.2.4    EFORT INTELLIGENT EQUIPMENT CO., LTD.    270

15.2.5    HANGZHOU COLOR POWDER COATING EQUIPMENT CO.,LTD.              271

15.2.6    GRUPPO SACMI              271

15.2.7    OMRON CORPORATION             272

15.2.8    UNIVERSAL ROBOTS A/S            273

15.2.9    DENSO ROBOTICS         274

15.2.10  WUHAN HUAZHONG NUMERICAL CONTROL CO., LTD. 275

15.2.11  SHENZHEN HAN’S ROBOT CO., LTD       276

15.2.12  BORUNTE ROBOT CO., LTD.     277

15.2.13  CEFLA FINISHING          277

15.2.14  CML FINISHING              278

15.2.15  JAKA ROBOTICS             279

*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/Right to win, Strategic choices, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.

16          APPENDIX         280

16.1       DISCUSSION GUIDE      280

16.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             284

16.3       CUSTOMIZATION OPTIONS      286

16.4       RELATED REPORTS       286

16.5       AUTHOR DETAILS         287