Report ID: SQMIG10A2039
Report ID:
SQMIG10A2039 |
Region:
Global |
Published Date: April, 2024
Pages:
178
|
Tables:
84 |
Figures:
76
Asia-Pacific is expected to dominate the market during the forecast period owing to growing demand for robotic paint booths from automotive, aerospace and furniture industries The region, especially China, India, Japan and South Korea, has witnessed rapid technological progress. This has increased the demand for advanced manufacturing and machining solutions. Furthermore, growth in the automotive industry in China, India and Japan will fuel market expansion during the forecast period. For example, according to a report by Daxue Consulting, South Korea’s automotive sector grew by 8.5% in 2022 compared to 2021. This factor will contribute to the success of the market in the country.
North America is expected to witness substantial growth during the forecast period owing to increasing investment in automation technology and increasing growth in automotive and furniture segments in the region. These factors are fueling the demand for regarding this initiative has been significant, which will enhance the market growth of the region.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG10A2039