Painting Robots Market Set to Surge to US$ 11 Billion by 2033, Driven by Safety and Efficiency

The painting robots market is poised to achieve a valuation of US$ 4.5 billion in 2023, with projections pointing to a significant growth reaching US$ 11 billion by 2033. Over the forecast period, the adoption of painting robots is expected to witness a substantial Compound Annual Growth Rate (CAGR) of 9.3%.

A major driving force behind this market expansion is the growing focus on worker safety and ergonomic considerations. By handling repetitive and potentially hazardous tasks, painting robots reduce the risk of worker exposure to harmful fumes, chemicals, and physical strain. This not only enhances workplace safety but also helps companies comply with strict occupational health and safety regulations. With industries prioritizing employee well-being, the adoption of painting robots gains significant momentum as an effective solution.

Key Insights:

The European painting robots market is expected to see an additional opportunity of US$ 983 million. The U.S. painting robots market is projected to create a growth potential of US$ 334 million during the forecast period. Germany’s painting robots market will expand at a CAGR of 12.7% from 2021 to 2031. Robotic arms will constitute 60% of global painting robot sales by type. In terms of payload, the segment up to 5 kg will generate a growth opportunity of US$ 1.93 billion. Competitive Landscape:

Major players in the painting robots market include FANUC Corporation, ABB Ltd, KUKA AG, Yasakawa Global, Kawasaki Heavy Industries, Ltd., DÜRR Group, and Staübli International AG, among others, as profiled in the full version of the report.

In a consolidated market, key market participants are focusing on entering new markets to expand their geographical presence. These companies are collaborating closely with OEMs, establishing advanced facilities, and engaging in strategic partnerships and collaborations.

Additional Insights from the Painting Robots Market Report:

FMI’s latest report offers an unbiased analysis of the global painting robots market, providing historical data from 2016 to 2020 and forecast statistics from 2021 to 2031. The market potential, growth, and scope are segmented based on product type (pedestal robots, robotic arms), payload (up to 5 kg, up to 15 kg, up to 45 kg), function (painting – waterborne, solventborne, UV cured, painting, spraying & coating), reach (up to 1,000 mm, up to 1,500 mm, up to 2,000 mm, up to 2,500 mm, up to 3,000 mm), configuration (6-axis, 7-axis), application (atomizer, air gun), end-use (transportation – automotive, railways, 2 & 3 wheelers, aerospace, consumer appliances, foundry & casting, furniture, textiles, construction, heavy engineering equipment, HVAC & refrigeration, sanitaryware, others), and region.

Based on FMI’s latest reports, the transportation segment is expected to significantly contribute to the overall growth of the target market. This segment is projected to generate an absolute dollar opportunity of US$ 2 billion from 2021 to 2031. In terms of application, the atomizer segment is expected to dominate the global market with an incremental opportunity of US$ 2.43 billion, while the 7-axis configuration segment is projected to create a growth opportunity of US$ 2.8 billion during the forecast period.

Regarding regions, the painting robots market in the United States is poised for substantial growth during 2021-2031, with a potential value of US$ 334 million during this period. This growth will be driven by the strong presence of OEMs and the high demand for painting robots in industrial verticals like construction and transportation. Apart from the U.S., remarkable growth is also anticipated in the painting robots markets of countries such as Germany and China during the forecast period.