The report studies the automotive paint robots market worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. In order to study the various trends and patterns prevailing in the concerned market, Fact.MR has included a new report on automotive paint robots market to its wide online database including upcoming trends and market growth factors through 2028. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.
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Top 5 Automotive Paint Robots Market Players Account for Nearly 80% Revenue Share Collectively
Majority share of the automotive paint robots market continues to remain concentrated among well-established companies, particularly among top 5 players, namely, Durr AG, ABB Ltd., FANUC CORPORATION, KUKA Roboter GmbH, Yaskawa Electric Corporation. Fact.MR study opines the lead of these Tier 1 automotive paint robots market players will continue, with their collective revenue share estimated at over 80% throughout the assessment period (2018-2028). Operating margin of these prominent market participants is expected to oscillate between 7% and 9%. New product development, collaborations, and merger & acquisition activities prevail as pervasive expansion strategies for Tier 1 automotive paint robots manufacturers. Acquisition of AB Rotech by ABB Group, Durr AG’s collaboration with KUKA AG for technically-advanced painting robots, and launch of P-40iA – an intelligent, lightweight robotic arm for efficient & dynamic automotive painting are prime examples of expansion strategies of Tier 1 automotive paint robots market players.
Dissecting “Orange Peel” Through Process-Oriented Approaches – A Key Focus Area for Players
Orange peel prevails as an aesthetics-related challenge in the automotive industry, wherein variations in the finish paint quality stand out when compared. This is mainly the result of different locations associated with coating process of a diverse array of substrates that include various alloys of aluminum and steel. Process-oriented approaches have therefore gained emphasis among automotive paint robots market players for consistent conformance to rigorous aesthetic standards. Increasing sophistication among automotive end customers, apropos of uniform finish on both interior and exterior vehicle surfaces, has further led key automotive paint robots manufacturers to focus on developments to alleviate concerns related to orange peel.
Key automotive paint robots market stakeholders such as BYK Additives & Instruments, and Saint Clair Systems, have introduced robotic automation-based paint uniformity and thickness measurement systems. These systems include 2K paint temperature control system, and Wave-Scan measurement technology, which have become global standards for distinctness of image measurement and objective orange peel identification.
Research Efforts to Automate Painting Trade
Most of the predominant products as well as ongoing research projects associated with automotive paint robots basically feature ground-based operation, working with telescopic arms for coating surfaces. However, the drone technology combined with sprayer systems has recently been becoming palpable in flexible coating of walls and other surfaces.
Permeation of drones in the automotive paint robots market has eliminated challenges associated with altitudes, meanwhile providing mobility and positioning to surfaces. Flying automotive paint robots, which combine drones and sprayer systems, are expected to pave direction for future growth trajectory of the automotive paint robots market.
Emphasis of Leading Manufacturers on Real-Time Diagnostics
Optimization of the paint quality in real time while its application, instead of following quality inspection post-completion of the painting process, has gradually been gaining emphasis among the automotive paint robots manufacturers. Leading manufacturers, such as Durr and ABB, have already introduced automotive paint robots that enable real-time, precise control and smart diagnostics. Durr, on the other hand, is currently installing a highly-automated paint shop that features an integrated IIoT technology, in combination with an innovative layout concept that enables system design with dramatic reduction in the cost and space involved.
Automated paint system such as these involve use of various paint robots, and growing introduction of real-time paint diagnostics and measuring systems is poised to have significant impacts on future prospects of the automotive paint robots market.
Automotive paint robots market has witnessed several research efforts, particularly by research institutions and universities, targeted toward automating the painting trade. A prime example of such research projects being the development of mobile paint spraying system by the Nanyang Technological University, the arms of which can reach heights up to 10 meters. Developments such as aforementioned have served as a boon for established commercial vehicle manufacturers. Several other relevant projects, such as that of Hubert Palfinger Technologies GmbH, which focuses on development of a robotic painting system that can coat ships with area output of nearly 1400 square meters per hour.
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Robust Future Vehicle Production Growth Worldwide to Influence Demand
Vehicle production is likely to witness strong growth in Japan, India, and MEA, with the Fact.MR study forecasting approximately 5.0%, 5.9%, and 5.6% CAGR in these regions respectively. Apart from these regions, vehicle production will continue on their steady growth trajectory in countries of Europe and Latin America, with CAGRs projected at approximately 4.0% in these regions. Such strong prospects for vehicle production worldwide point at promising demand trends for various machinery and equipment, and automotive paint robots are no exception.
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