New Study on Global Automotive Paint Robots Market Covers Drivers and Growth TrePosted by Arslan on December 18th, 2018 The study forecasts the automotive paint robot market to majorly remain consolidated among Tier 1 players, who will hold over 80% value share of the market in 2018. While these players continue with the new product development, collaboration, and merger & acquisition strategies to retain their market buoyancy, Tier 2 and Tier 3 players are focusing on expansion in domestic markets, and advanced machinery purchase to gain significance in the market. 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. 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. Competition Landscape The report offers a detailed assessment on the competition landscape of the automotive paint robots market, wherein key the automotive paint robots market players have been identified and profiled. A dashboard view has been offered on the automotive paint robots market players in the report. Additionally, a SWOT analysis has been delivered on all the key automotive paint robots market players included in the report. Some recent developments in the automotive paint robots market:
Research Methodology A robust research methodology forms the base for the insights & forecast offered on the automotive paint robots market in this report. Exhaustive secondary and primary researches are conducted for gaining the most recent and accurate information on the automotive paint robots market. Intelligence gained on automotive paint robots market from the primary interviews have been used for validating the data acquired from the secondary research. The automotive paint robots market report is expected to be an authentic information source for enabling clients to make fact-based future expansion of their businesses in automotive paint robots market. Automotive Paint Robots Market Report is available for Purchase @ https://www.factmr.com/checkout/2232/S Like it? Share it!More by this author |