Painting Robot Companies - ABB (Switzerland) and FANUC CORPORATION (Japan) are the Key Players

 The Painting Robot market is projected to grow from USD 3.1 billion in 2024 and is projected to reach USD 5.8 billion by 2029; it is expected to grow at a CAGR of 13.1% from 2024 to 2029. The growth of the Painting Robot market is driven by rising adoption of automation in manufacturing processes.

Major players in the digital signal processor market include ABB (Switzerland), FANUC CORPORATION (Japan), KUKA AG (Germany), YASKAWA ELECTRIC CORPORATION (Japan), and Kawasaki Heavy Industries, Ltd. (Japan). Major strategies adopted by the players in the Painting Robot market ecosystem to boost their product portfolios, accelerate their market share, and increase their presence in the market include acquisitions, collaborations, partnerships, and new product launches.

For instance, in February 2024, Kawasaki Robotics partnered with Olis Robotics to provide remote monitoring and error recovery solutions for industrial robots, showcased at MODEX 2024. This partnership aims to reduce unplanned downtime significantly, with Olis' solution available for all Kawasaki robot models from Q2, 2024. Olis users can connect securely to their robots via an on-premises device, ensuring safety and expedited troubleshooting.

In February 2023, Yaskawa Electric unveiled the MOTOMAN-MPO10L, a door-opening robot designed for car painting processes. The robot has a reach of 2,550 mm and payload capacity of 10 kg adopted for automobile production lines, eliminating the need for separate motion units. This innovation streamlines operations by allowing continuous painting without interruptions, enhancing efficiency in automotive manufacturing.

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ABB:

ABB is a technology leader specializing in electrification and automation solutions. ABB offers wide range of products, including control room solutions, drives, electric vehicle charging infrastructure, industrial software, low voltage products and systems, measurement and analytics, medium voltage products, metallurgy products, motors and generators, PLC automation, power converters and inverters, and robotics. ABB operates across a spectrum of industries such as aluminum, data centers, oil & gas, railway, automotive, food and beverage, ports, smart cities, buildings and infrastructure, cement, life sciences, power generation, solar power, marine, printing, water, channel partners, metals, chemical, mining, process automation, wind power, and pulp & paper.

FANUC CORPORATION:

FANUC CORPORATION operates in the field of Factory Automation (FA), encompassing essential technologies like numerical controls (NCs), servos, and lasers, as well as the application of these technologies to robots and robomachines. The company integrates cutting-edge technologies, including IoT and AI, into its offerings. In the realm of Robotics, FANUC offers a diverse array of products, including Articulated Robots, Delta Robots, and intelligent features that empower automation across various industries. FANUC focuses on industrial robotics, aiming to assist customers in automating and modernizing their factories to enhance productivity. The company's expertise extends to specialized applications such as painting, where precision and efficiency are paramount. Painting robots, a crucial component in automotive and manufacturing processes, are provided under FANUC's Robotics segment.