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Automotive Paint Robots Market Trends, Revenue Share & Opportunity Status Analyzed during 2018-2028 | Key Players are Durr AG, ABB Ltd., FANUC CORPORATION, etc.

09-16-2019 11:14 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Automotive Paint Robots Market Trends, Revenue Share &

Fact.MR has published a new research report on global automotive paint robots market sizes, upcoming industry trends and growth opportunity through 2018-2028 to its online database that tries to unveil the various scenarios prevailing in the automotive paint robots market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the automotive paint robots market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.

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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. FactMR 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

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. Relative efficiency and enhanced productivity offered by such developments point at their significant future penetration into the automotive paint robots market, thereby contributing to the market size.

Telescopic Arm or Drones – Alternate Solutions Gain Significance

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.

Ask Industry Experts about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=2232

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.

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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