Where is the largest and fastest growing market for spray painting machine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more. The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The spray painting machine market size has grown strongly in recent years. It will grow from $4.06 billion in 2023 to $4.32 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth observed in the historical period can be attributed to increased investment in infrastructure development, expansion of industrial automation, higher adoption of spray painting machines in marine and shipbuilding sectors, rising disposable incomes, and a growing emphasis on ergonomics.
The spray painting machine market size is expected to see strong growth in the next few years. It will grow to $5.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The projected growth in the forecast period can be attributed to escalating demand for eco-friendly paint technologies, increasing need for customized spray painting solutions, rising awareness about the advantages of electrostatic spray painting, growing use of UV-curable paints in spray applications, and heightened investment in 3D printing for custom spray painting nozzles. Key trends anticipated in the forecast period include advancements in technology, adoption of robotic spray painting systems, integration of Internet of Things (IoT), deployment of advanced sensors, and uptake of electrostatic spray painting systems.
The expanding construction sector is anticipated to drive the growth of the spray painting machine market in the coming years. This sector includes a variety of activities related to building and infrastructure development, such as residential and commercial buildings, roads, bridges, dams, and utilities. The expansion is fueled by urbanization, housing demand, smart city initiatives, job creation, and foreign direct investment (FDI). Spray painting machines are essential in the construction sector, providing numerous benefits that improve the efficiency, quality, and cost-effectiveness of painting and coating applications. For example, in February 2023, the United States Census Bureau reported that the construction industry's value in 2022 reached $1.79 trillion, a 10.2% increase (+/- 0.8%) from $1.62 trillion in 2021. Consequently, the growing construction sector is propelling the spray painting machine market.
Leading companies in the spray painting machine market are concentrating on developing innovative products, such as the lightest spray gun, to improve user comfort and maneuverability during painting tasks. These lightweight spray guns are designed with advanced materials and ergonomic features to reduce operator fatigue and enhance maneuverability. For instance, in October 2021, 3M India Ltd., a US-based manufacturer of abrasive products, introduced a performance spray gun. This new tool features a lightweight construction that improves maneuverability and reduces operator fatigue during extended use. Its ergonomic design ensures optimal balance, making it suitable for precision work across various applications. The spray gun's advanced nozzle technology provides consistent spray patterns, increasing efficiency and reducing material waste.
In January 2024, SATA GmbH & Co. KG, a Germany-based provider of painting equipment, acquired Dan-Am Company for an undisclosed amount. This acquisition aims to strengthen SATA's product portfolio in air compressors and related accessories by leveraging Dan-Am's expertise to enhance offerings with advanced technologies and expand its market presence. Dan-Am Company, based in the US, specializes in spray painting machines.
Major companies operating in the spray painting machine market are Dürr AG, Nordson Corporation, Graco Inc., Exel Industries SA, ANEST IWATA Corporation, SAMES KREMLIN, SATA GmbH & Co. KG, Hangzhou Color Powder Coating Equipment Co. Ltd., Carlisle Fluid Technologies, Walther Pilot North America, Titan Tool Inc., Wagner Group GmbH, Statfield Equipments Pvt Ltd., Tritech Industries Inc., Fuji Industrial Spray Equipment Ltd., Larius S.r.l., DeVilbiss, Asahi Sunac Corporation, Binks CA, Cefla Finishing Iberica, Krautzberger GmbH, Redemaco Engineering Pvt Ltd.
North America was the largest region in the spray painting machine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spray painting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the spray painting machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A spray-painting machine is a mechanical apparatus designed to efficiently apply paint or coatings to surfaces using a spray mechanism. These machines typically include a motorized unit equipped with a spray gun or nozzle that atomizes paint into a fine mist and projects it onto the target surface for coating. Spray-painting machines find application across diverse industries and situations where achieving a smooth and even paint finish is crucial.
The primary types of spray-painting machines include air spray painting machines, high volume low pressure (HVLP) spray painting machines, electrostatic spray painting machines, airless spray painting machines, and others. Air-spray painting machines use compressed air to atomize and apply paint, making them suitable for achieving seamless finishes in automotive and furniture sectors, despite potential overspray. These machines handle various materials such as powder coatings, solvent-based paints, and water-based paints, utilizing technologies such as air atomization, airless atomization, electrostatic spray painting, among others. They cater to a wide range of end-users including automotive, aerospace, construction, industrial equipment, and more.
The spray painting machines market research report is one of a series of new reports that provides spray painting machines market statistics, including spray painting machines industry global market size, regional shares, competitors with a spray painting machines market share, detailed spray painting machines market segments, market trends, and opportunities, and any further data you may need to thrive in the spray painting machines industry. This spray painting machines research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The spray-painting machine market consists of sales of low-volume low-pressure (LVLP) spray guns, conventional air spray guns, electrostatic spray-painting machines, and automated spray-painting systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The spray painting machine market size has grown strongly in recent years. It will grow from $4.06 billion in 2023 to $4.32 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth observed in the historical period can be attributed to increased investment in infrastructure development, expansion of industrial automation, higher adoption of spray painting machines in marine and shipbuilding sectors, rising disposable incomes, and a growing emphasis on ergonomics.
The spray painting machine market size is expected to see strong growth in the next few years. It will grow to $5.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The projected growth in the forecast period can be attributed to escalating demand for eco-friendly paint technologies, increasing need for customized spray painting solutions, rising awareness about the advantages of electrostatic spray painting, growing use of UV-curable paints in spray applications, and heightened investment in 3D printing for custom spray painting nozzles. Key trends anticipated in the forecast period include advancements in technology, adoption of robotic spray painting systems, integration of Internet of Things (IoT), deployment of advanced sensors, and uptake of electrostatic spray painting systems.
The expanding construction sector is anticipated to drive the growth of the spray painting machine market in the coming years. This sector includes a variety of activities related to building and infrastructure development, such as residential and commercial buildings, roads, bridges, dams, and utilities. The expansion is fueled by urbanization, housing demand, smart city initiatives, job creation, and foreign direct investment (FDI). Spray painting machines are essential in the construction sector, providing numerous benefits that improve the efficiency, quality, and cost-effectiveness of painting and coating applications. For example, in February 2023, the United States Census Bureau reported that the construction industry's value in 2022 reached $1.79 trillion, a 10.2% increase (+/- 0.8%) from $1.62 trillion in 2021. Consequently, the growing construction sector is propelling the spray painting machine market.
Leading companies in the spray painting machine market are concentrating on developing innovative products, such as the lightest spray gun, to improve user comfort and maneuverability during painting tasks. These lightweight spray guns are designed with advanced materials and ergonomic features to reduce operator fatigue and enhance maneuverability. For instance, in October 2021, 3M India Ltd., a US-based manufacturer of abrasive products, introduced a performance spray gun. This new tool features a lightweight construction that improves maneuverability and reduces operator fatigue during extended use. Its ergonomic design ensures optimal balance, making it suitable for precision work across various applications. The spray gun's advanced nozzle technology provides consistent spray patterns, increasing efficiency and reducing material waste.
In January 2024, SATA GmbH & Co. KG, a Germany-based provider of painting equipment, acquired Dan-Am Company for an undisclosed amount. This acquisition aims to strengthen SATA's product portfolio in air compressors and related accessories by leveraging Dan-Am's expertise to enhance offerings with advanced technologies and expand its market presence. Dan-Am Company, based in the US, specializes in spray painting machines.
Major companies operating in the spray painting machine market are Dürr AG, Nordson Corporation, Graco Inc., Exel Industries SA, ANEST IWATA Corporation, SAMES KREMLIN, SATA GmbH & Co. KG, Hangzhou Color Powder Coating Equipment Co. Ltd., Carlisle Fluid Technologies, Walther Pilot North America, Titan Tool Inc., Wagner Group GmbH, Statfield Equipments Pvt Ltd., Tritech Industries Inc., Fuji Industrial Spray Equipment Ltd., Larius S.r.l., DeVilbiss, Asahi Sunac Corporation, Binks CA, Cefla Finishing Iberica, Krautzberger GmbH, Redemaco Engineering Pvt Ltd.
North America was the largest region in the spray painting machine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spray painting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the spray painting machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A spray-painting machine is a mechanical apparatus designed to efficiently apply paint or coatings to surfaces using a spray mechanism. These machines typically include a motorized unit equipped with a spray gun or nozzle that atomizes paint into a fine mist and projects it onto the target surface for coating. Spray-painting machines find application across diverse industries and situations where achieving a smooth and even paint finish is crucial.
The primary types of spray-painting machines include air spray painting machines, high volume low pressure (HVLP) spray painting machines, electrostatic spray painting machines, airless spray painting machines, and others. Air-spray painting machines use compressed air to atomize and apply paint, making them suitable for achieving seamless finishes in automotive and furniture sectors, despite potential overspray. These machines handle various materials such as powder coatings, solvent-based paints, and water-based paints, utilizing technologies such as air atomization, airless atomization, electrostatic spray painting, among others. They cater to a wide range of end-users including automotive, aerospace, construction, industrial equipment, and more.
The spray painting machines market research report is one of a series of new reports that provides spray painting machines market statistics, including spray painting machines industry global market size, regional shares, competitors with a spray painting machines market share, detailed spray painting machines market segments, market trends, and opportunities, and any further data you may need to thrive in the spray painting machines industry. This spray painting machines research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The spray-painting machine market consists of sales of low-volume low-pressure (LVLP) spray guns, conventional air spray guns, electrostatic spray-painting machines, and automated spray-painting systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Spray Painting Machine Market Characteristics3. Spray Painting Machine Market Trends and Strategies32. Global Spray Painting Machine Market Competitive Benchmarking33. Global Spray Painting Machine Market Competitive Dashboard34. Key Mergers and Acquisitions in the Spray Painting Machine Market
4. Spray Painting Machine Market - Macro Economic Scenario
5. Global Spray Painting Machine Market Size and Growth
6. Spray Painting Machine Market Segmentation
7. Spray Painting Machine Market Regional and Country Analysis
8. Asia-Pacific Spray Painting Machine Market
9. China Spray Painting Machine Market
10. India Spray Painting Machine Market
11. Japan Spray Painting Machine Market
12. Australia Spray Painting Machine Market
13. Indonesia Spray Painting Machine Market
14. South Korea Spray Painting Machine Market
15. Western Europe Spray Painting Machine Market
16. UK Spray Painting Machine Market
17. Germany Spray Painting Machine Market
18. France Spray Painting Machine Market
19. Italy Spray Painting Machine Market
20. Spain Spray Painting Machine Market
21. Eastern Europe Spray Painting Machine Market
22. Russia Spray Painting Machine Market
23. North America Spray Painting Machine Market
24. USA Spray Painting Machine Market
25. Canada Spray Painting Machine Market
26. South America Spray Painting Machine Market
27. Brazil Spray Painting Machine Market
28. Middle East Spray Painting Machine Market
29. Africa Spray Painting Machine Market
30. Spray Painting Machine Market Competitive Landscape and Company Profiles
31. Spray Painting Machine Market Other Major and Innovative Companies
35. Spray Painting Machine Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Spray Painting Machine Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on spray painting machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for spray painting machine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The spray painting machine market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Air Spray Painting Machines; High Volume Low Pressure (HVLP) Spray Painting Machines; Electrostatic Spray Painting Machines; Airless Spray Painting Machines; Other Types2) By Material: Powder Coatings; Solvent-Based Paints; Water-Based Paints; Other Materials
3) By Technology: Air Atomization; Airless Atomization; Electrostatic Spray Painting; Other Technologies
4) By End User: Automotive; Aerospace; Construction; Industrial Equipment; Other End Users
Key Companies Mentioned: Dürr AG; Nordson Corporation; Graco Inc.; Exel Industries SA; ANEST IWATA Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Spray Painting Machine market report include:- Dürr AG
- Nordson Corporation
- Graco Inc.
- Exel Industries SA
- ANEST IWATA Corporation
- SAMES KREMLIN
- SATA GmbH & Co. KG
- Hangzhou Color Powder Coating Equipment Co. Ltd.
- Carlisle Fluid Technologies
- Walther Pilot North America
- Titan Tool Inc.
- Wagner Group GmbH
- Statfield Equipments Pvt Ltd.
- Tritech Industries Inc.
- Fuji Industrial Spray Equipment Ltd.
- Larius S.r.l.
- DeVilbiss
- Asahi Sunac Corporation
- Binks CA
- Cefla Finishing Iberica
- Krautzberger GmbH
- Redemaco Engineering Pvt Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | October 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 4.32 Billion |
| Forecasted Market Value ( USD | $ 5.57 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |
