Paint Sprayer Market Size, Share, Development by 2023
The Paint Sprayer is an accessory that, when equipped, automatically applies paints to objects when placing them.
In the coming years there is an increasing demand for Paint Sprayer in the regions of North America and Europe that is expected to drive the market for more advanced Paint Sprayer. Increasing of industrial fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on paint contractors and handymen, retrofitting and renovation of old technology, increasing adoption of paint sprayer will drive growth in North America and Europe markets.
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Global Paint Sprayer Market: Forecast by Type / Application / Region
Globally, the Paint Sprayer industry market is concentrated as the manufacturing technology of Paint Sprayer is relatively matures than some high-tech equipment. And some enterprises, like Wagner, Graco, Black & Decker, etc. are well-known for the wonderful performance of their Paint Sprayer and related services. At the same time, North America, occupied 29.12% production market share in 2015, is remarkable in the global Paint Sprayer industry because of their market share and technology status of Paint Sprayer.
The consumption volume of Paint Sprayer is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Paint Sprayer industry may not keep that fast. But it is surely forecasted that the market of Paint Sprayer is still promising.
Over the next five years, LPI(LP Information) projects that Paint Sprayer will register a 5.4% CAGR in terms of revenue, reach US$ 1120 million by 2023, from US$ 860 million in 2017.
Global Paint Sprayer Market: Key Players
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United States Paint Sprayer Market Research Report 2018
Europe Paint Sprayer Market Research Report 2018
North America Paint Sprayer Market Research Report 2018
Asia-Pacific Paint Sprayer Market Research Report 2018
China Paint Sprayer Market Research Report 2018
EMEA Paint Sprayer Market Research Report 2018
Global Paint Sprayer Market Research Report 2018
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