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Paint Spraying Equipment Market Sales, Consumption, Demand and Forecast 2016 – 2026

The digital transformation during the COVID-19 pandemic has enhanced our dependency on advanced technologies such as Augmented Reality, Virtual Reality, and the Industrial Internet of Things. The unfulfilled financial targets are compelling the organizations to adopt automation and advanced technologies to stay ahead in the market competition. Businesses are utilizing this opportunity by identifying daily operational needs and inculcating automation in it to create a digital infrastructure for the long term.

Paint spraying equipment are mechanical devices that evenly coat a large surface with paint or other protective coating in lesser time than brush and rollers. Paints sprayer are not only used for painting woods but also many other products such as brick and metals. These equipement are also used in painting of various OEMs such as automobile and refrigerators.

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Paint Spraying Equipment Market: Drivers & Restraints     

Construction sector output, manufacturing industry output, construction industry spending and urbanization trend are some of the macro-economic drivers for the paint spraying equipment market. Increasing passenger car penetration in the developing countries such as China and India, aided by the growing personal income rate is expected to spur the demand for paint spraying equipment from automobile industry. Middle East and Africa construction industry has represented substantial growth in past few years and likely to continue the trend during the forecasted period as well, resulting in the increasing demand for paint spraying equipment market in the region.

However there are few challenges paint spraying equipment market is facing: cleaning of the equipment involves lot of effort, good sprayer could be expensive, which if not utilized for more than twice could be poor deal for customers, so for small jobs brushers and rollers are  better option. High pressure spraying equipment could be dangerous for the users.

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Paint Spraying Equipment Market: Segmentation 

On the basis of product type, paint spraying equipment market is broadly segmented as:

  • Conventional Sprayers
  • High Volume Low Pressure Sprayers
  • Airless Sprayers
  • Others

On the basis of application, paint spraying equipment market is segmented into:

  • Light Commercial
  • Heavy Commercial
  • Moderate Commercial
  • General Metal Finishing
  • Wood Finishing
  • Plastic Finishing
  • Others

Paint Spraying Equipment Market: Region – Wise Outlook

Asia – Pacific region owing to the fast growing automotive industry and infrastructure in developing countries such as India, China and South Korea is expected to show a significant growth in the paint spraying equipment market. With rapid technological advancement paint spraying equipment market is expected to represent substantial growth at a significant CAGR during the forecast period.

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Paint Spraying Equipment Market: Key Players

Some of the players in the market we identified includes:

  • Graco Inc,
  • Hi Tec Spray,
  • 3M,
  • Binks,
  • Exel Industries,
  • SATA GmbH & Co,
  • Oliver Technologies,
  • Fuji Industrial Spray Equipment Ltd.

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Market Report News

Fibre Optic Test Equipment Market Sales Volume, Status, Growth, Opportunities and World 2016 – 2026

The digital transformation during the COVID-19 pandemic has enhanced our dependency on advanced technologies such as Augmented Reality, Virtual Reality, and the Industrial Internet of Things. The unfulfilled financial targets are compelling the organizations to adopt automation and advanced technologies to stay ahead in the market competition. Businesses are utilizing this opportunity by identifying daily operational needs and inculcating automation in it to create a digital infrastructure for the long term.

Fibre has excellent properties, which includes anti-electromagnetic interference smaller diameter, insulation, resistance to nuclear radiation and light weight. Fibre optic communication is the future of every network. With increasing demand for network speeds and bandwidth, fibre optic cabling certification is becoming necessity. For fibre optic testing being critical, the equipment used in the testing plays a major role in the network handling.

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Fibre Optic Test Equipment Market: Drivers & Restraints  

Demand for fibre optic test equipment market is expected to be driven the growing number of fibre cable network. Increasing need of real time operation demand regular testing of insertion loss and bandwidth to facilitate services in an efficient way. This demand create immense opportunities for the fibre optic test equipment market.

From technological advancement perspective, the fibre optic test equipment market is expected to be driven by deployment of real-time 40 gig and 100 gig network deployments, as it create need for high fibre optic performance.

Increasing complexity of electronic products and network demands development of fibre optic test equipment with easy- to use and better functionality. Technology advancement for better error rate testers and next generation testing systems will increase testing frequency, thereby adding to market revenue.

Though the fibre optic equipment market is growing substantially but the lack of awareness for the testing in customers hampers the growth of the market.

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Fibre Optic Test Equipment Market: Segmentation    

On the basis of product type, fibre optic test equipment market is broadly segmented as:

  • Optical Time Domain Reflectometers (OTDR)
  • Optical Light Source (OLS)
  • Optical Power Meter (OPM)
  • Optical Loss Test Set (OLTS)
  • Remote Fibre Test Systems (RFTS)
  • Optical Spectrum Analyser (OSA)
  • Others

On the basis of form, fibre optic test equipment market is segmented into:

  • Bench Top & Rack Mounted
  • Portable & Handheld

Fibre Optic Test Equipment Market: Region – Wise Outlook

With full stream 4G deployments, North America is expected to exhibit the major share of global fibre optics test equipment market. Even though Asia Pacific doesn’t exhibit major share of global fibre optic test equipment market but is expected to show the highest growth aided by the increasing FTTH deployment in emerging economies like China and India.  Regulatory policies for the deployment of FTTH and increasing uses of smart phone lead to the demand for fibre optic network in China which in return create opportunities for the fibre optic test equipment market in China.

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Fibre Optic Test Equipment Market: Key Players

Some of the players in the market we identified includes,

  • EXFO,
  • Keysight Technologies,
  • Viavi Solutions Inc,
  • Anritsu Corporationa
  • Tektronix Inc.

More from PMR’s Market Intelligence:

About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.

Contact Us
Persistence Market Research
U.S. Sales Office
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA – Canada Toll-Free: 800-961-0353