Chan Ye Xin Xi Wang·2025-05-26 01:30Core Insights - The spraying robot industry is experiencing significant growth due to the rapid development of manufacturing and rising labor costs, making spraying robots a preferred choice for many companies, especially in the automotive, aerospace, and electronics sectors [1][12] - Government policies, including tax reductions, financial subsidies, and support for technological research and development, are creating a favorable environment for the growth of spraying robots [1][12] - China's spraying robot production is on an upward trend, increasing from 5,900 units in 2018 to 17,700 units in 2022, with a projected recovery to 22,300 units in 2024 after a slight decline in 2023 [1][12] Industry Overview - Spraying robots are designed for spraying operations, consisting of a mechanical arm and a control system, allowing for precise control over the spraying process compared to traditional manual spraying [3] - The spraying robot industry is supported by a complex supply chain, with upstream suppliers providing essential raw materials and components, while downstream applications span various industries including automotive, home appliances, and aerospace [6] Market Dynamics - The spraying robot market is characterized by increasing competition, with numerous domestic manufacturers entering the field, including Efort Intelligent Equipment Co., Ltd., Shenzhen Yuanrong Intelligent Manufacturing Co., Ltd., and others [16][18] - The demand for reducers, a critical component of spraying robots, is growing, with the market size expanding from 111.4 billion yuan in 2018 to an expected 144.7 billion yuan in 2024 [8] Application in Automotive Industry - The automotive sector is a primary application area for spraying robots, with a penetration rate exceeding 70% in vehicle manufacturing processes [10] - China's automotive production reached 7.561 million units in the first quarter of 2025, reflecting a year-on-year increase of 14.5% [10] Investment Trends - Investment in the spraying robot industry has seen fluctuations, with the number of investment events increasing from 5 in 2020 to 6 in 2024, while the investment amount decreased from 460 million yuan to 102 million yuan [14] Future Trends - The spraying robot industry is expected to focus on multi-machine collaborative operations, enhancing production efficiency and quality through wireless connectivity [22] - There is a growing emphasis on green manufacturing, with spraying robots playing a crucial role in reducing waste and VOC emissions [23] - The domestic market is anticipated to see an increase in the market share of locally developed spraying robots as manufacturers overcome challenges related to stability, precision, and lifespan [25]