Painting Machines Market Scope
Painting machines are the equipment with different aspects like a sprayer, cylinder, nozzle, feed system to spray coating material (paint, ink, varnish, etc.) through the air onto a surface, for efficient and cutting edge paint job applications requirements in the construction and automotive sector. They are provided with customizable and replaceable components and tools to enhance functionality and reliability. Spray guns can be either automated or hand-held and have interchangeable heads to allow for different spray patterns for the different surface coating.
Research Analyst at AMA estimates that Germany Manufacturers will contribute to the maximum growth of Global Painting Machines market throughout the predicted period.
Jaguar Surface Coating Equipment (India), Graco Inc. (United States), Wagner (United States), EXEL Industries (France), Cefla Finishing (United States), Walther Pilot (Germany), WIWA Wilhelm Wagner GmbH & Co. KG (Germany), Venjakob Maschinenbau GmbH & Co. KG (Germany), LacTec (Brazil) and Larius (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Ecco Finishing (United Kingdom), Krautzberger (Germany), Rigo (Switzerland), Barberàn (Spain), SPMA Spezialmaschinen GmbH (Germany) and OMSA S.r.l. (Italy).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Painting Machines market by Type (Conventional, HVLP (High Volume Low Pressure), LVLP (Low Volume Low Pressure), Electrostatic and Others), by Application (Industrial Production, Automobile Industry, Furniture & Decoration, Architecture and Others) and Region with country level break-up.
On the basis of geography, the market of Painting Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2020.
Market Leaders and their expansionary development strategies
In 2018, Wagner SprayTech, a market leader in advanced paint applicators and tools, acquired HomeRight. This acquisition will solidify the company’s lead in the sprayer category and the decorative finishing industry.
In 2019, Graco Inc., a leading manufacturer of fluid handling equipment, launched the new series painting machines and equipment like the new Ultra, UltraMAXTM II, FinishProTM II 595 and TexSprayTM Mark electric airless sprayers and GMAX® and TexSpray HD gas airless sprayers. These new machines showcase spraying innovations by Graco and are designed to improve their profitability and increase efficiencies.
- Development for Spray Painting Equipment and Coating for Enhancement of Material Surface Properties
- Integration of Automation with Painting Equipment for the Cutting Edge And Efficient Work
- Rising Demand for the Advanced Colouring Techniques due to Growing Construction and Infrastructure Industry
- Rising Demand for Colour Coating in Automotive Sector for Customisation of the Vehicle
- High Costs of Painting Machinery and Equipment with Maintenance Costs
- Trend of Renting the Equipment due to Short Term Projects Hampers the New Sales of Painting Machine
- Lack of Skilled Labour
Key Target AudiencePainting Machine Manufacturer, Painting Equipment Manufacturer, Research Institutes, End Users and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Painting Machines Market?
The Painting Machines study can be customized to meet your requirements. The market size breakdown by type [Conventional, HVLP (High Volume Low Pressure), LVLP (Low Volume Low Pressure), Electrostatic and Others], by end use application [Industrial Production, Automobile Industry, Furniture & Decoration, Architecture and Others].
2. How big is the Painting Machines Market?
The Painting Machines Market is gaining popularity and expected to see strong valuation by 2026.
3. What is expected growth rate in Painting Machines Market?
According to AMA, the Global Painting Machines market is expected to see growth rate of %.