Global Robotic Paint Booth Market to Grow at a CAGR of 4.93% During 2017-2021

MarketResearchReports.Biz has announced addition of new report “Global Robotic Paint Booth Market 2017-2021” to its database.

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Albany, NY -- (SBWire) -- 02/09/2017 --About Robotic Paint Booth

Almost every machine, ranging from a small component to an aircraft, requires a coat of paint over the metallic surface to protect it from corrosion. It is this need that makes manufacturers to adopt automated painting technologies in their facilities to ensure health safety of workers, improve throughput, and enhance process efficiency. Automated systems like paint robots and paint booths can deliver output with an optimum finish quality along with speed and accuracy. The use of robotic paint booth systems also has a significant impact on the operational costs within the industry, as employing such systems tend to cut down on the production time, minimize wastage, and increase floor space savings.

Technavios analysts forecast the global robotic paint booth market to grow at a CAGR of 4.93% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global robotic paint booth market for 2017-2021. To calculate the market size, the report considers the the following components of the robotic paint booth systems:

Hardware (robot and booth components and allied systems
Software (new package and license renewal)
Services (customization, system integration, commissioning, and maintenance)

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Robotic Paint Booth Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
ABB
Durr
Eisenmann
FANUC
Yaskawa

Market driver
Safeguarding health of industrial workers
For a full, detailed list, view our report

Market challenge
Operational challenges encountered
For a full, detailed list, view our report

Market trend
Emerging technologies in paint robots
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/769449