LONDON--(BUSINESS WIRE)--The global spray gun market size is poised to grow by USD 364.98 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of 3% during the forecast period.
Read the 132-page research report with TOC on "Spray Gun Market Analysis Report by type (manual and automatic) and geography (APAC, Europe, MEA, North America, and South America) 2019 - 2023" at:
The market is driven by the rapid growth of automotive, healthcare, and furnishing industries. Also, the growing paints and coatings market is anticipated to further boost the growth of the market during the forecast period.
To learn more about the global trends impacting the future of market research, Download Free Sample
The rapid growth of various end-user industries is a key factor that will drive the growth of the global spray gun market. The major end-users of spray guns include the automotive, pharmaceutical, and furniture industries. The growing application scope of coatings in the automotive, pharmaceuticals, and furniture industries will propel the growth of the market. The efficiency of spray guns has a key role in determining the quality of painting and spraying work, which is creating the need for advanced spray guns. For instance, in the automotive sector, spray guns are used for painting and coating vehicles with adhesive and paints. Thus, such applications in the various end-user industries are expected to boost market growth largely during the forecast period.
Furthermore, growth of economies worldwide is also driving the global paints and coatings market as consumers spend more on luxury goods such as vehicles and furniture. In addition, a surge in the demand for specialty coatings, such as anti-bacterial, odor-free, nano-coatings, and eco-friendly coatings is expected to augment the growth of the global spray guns market.
To find out more about Spray Gun Market Research 2019-2023, https://www.technavio.com/talk-to-us?report=IRTNTR32093
The report includes detailed profiles of the leading companies & prominent vendors of the market:
- 3M Co.
- Anest Iwata Corp.
- Carlisle Companies Inc.
- EXEL Industries
- Fuji Industrial Spray Equipment Ltd.
- Graco Inc.
- J. Wagner GmbH
- Nordson Corp.
- SATA GmbH & Co. KG
- Zhejiang Auarita Pneumatic Tools LLC
Market Segmentation by Category and Types:
The Spray Gun Market can be broadly categorized into the following:
Key Regions for the Spray Gun Market:
Featuring a breakdown of market shares by region until 2019.
- North America
- South America
Register for a free trial today and gain instant access to 10,000+ market research reports.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports on Industrials Market are:
Ultrasonic Cleaning Equipment Market – Global Ultrasonic Cleaning Equipment Market by geography (APAC, Europe, MEA, North America, and South America), product (multistage, benchtop, and standalone), and end-users (electrical and electronics, healthcare, automotive, aerospace and defense, and others).
Aircraft Fire Protection System Market – Global Aircraft Fire Protection System Market by application (commercial aircraft, military aircraft, and business aircraft) and geography (APAC, Europe, MEA, North America, and South America)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.