Global Powder Coating Robots Market 2018-2022
About Powder Coating Robots
Powder coating robots are designed for coating and painting purposes. These robots provide higher repeatability, productivity, and power savings in powder coating operations.
Technavio’s analysts forecast the global powder coating robots market to grow at a CAGR of 3.85% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global powder coating robots market for 2018-2022. This market research report offers a comprehensive analysis of the market segmentation by end-user (automotive and non-automotive).
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Powder Coating Robots Market 2018-2022
Technavio recognizes the following companies as the key players in the global powder coating robots market: ABB, Durr, EISENMANN, FANUC, and YASKAWA ELECTRIC.
Commenting on the report, an analyst from Technavio’s team said: “End user industries are increasingly adopting one-booth powder coating systems owing to its better operational efficiency, low power consumption, and quick color changeover process. Manufacturers are developing new technologies to produce compact one-booth systems which reduce application errors and offers production flexibility. Thus, the increasing use of one booth systems for all powder coating color applications will be a key trend driving the growth of the market during the forecast period.”
According to the report, one of the major drivers for this market is the thriving market for automotive components. This industry is adopting advanced technologies to achieve low operational costs and color availability. The anti-corrosion and anti-bacterial properties of these technologies will also contribute to the growth of the powder coating robots market.
Further, the report states that one of the major factors hindering the growth of this market is the unavailability of thin films for powder coating. It is difficult to produce thin films of 25 microns thickness with powder coating. Zinc phosphating being a more durable preparation technology than powder coating, is leading to increased adoption, thereby hurting powder coating robots market growth.
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