Primed for painting: Improving economic conditions will boost industry demand

Industrial Spraying Equipment Manufacturing operators have benefited from improved industrial production, particularly with aerospace products. As demand for downstream products has risen over the five years to 2018, manufacturers have increasingly needed to upgrade spraying equipment and expand capacity. Slower growth relative to the past five years will likely characterize the industry over the next five years to 2023. Manufacturers are expected to benefit from increasing demand as a result of improving economic conditions as well as the trend toward manufacturing robotic equipment...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
-0.8%
Forecast Growth 18-23
Profit
Employment
3,678
Businesses
26
Market Share of Companies

Industry Threats & Opportunities

  • Industry operators have benefited from improved industrial production, particularly with aerospace products
  • The TWI has increased, correlating with annualized export declines
  • As downstream markets continue to grow, demand for industrial spraying equipment is forecast to increase
  • Industry Report - Industry Products Chapter

    Operators in the Industrial Spraying Equipment Manufacturing industry produce a range of sprayers, including air sprayers, airless sprayers and high-volume, low-pressure (HVLP) sprayers. The type of spray gun used is determined by the intended application. For example, a downstream operator that needs to apply paint or coating to a product typically uses a high-volume, low-pressure spray gun due to its accuracy. Conventional spray guns, which use high pressure to atomize the spray, are not industry-relevant as they are not used for industrial purposes.Painting sprayersPainting sprayers are expected to account for the largest share of industry revenue in 2018, representing an estimated 58.2% of total revenue. Thi...purchase to read more.

    Additional Insights for the Industrial Spraying Equipment Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Industrial Spraying Equipment Manufacturing Industry are

  • Effective cost controls
  • Effective quality control
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Trade-weighted index in the Industrial Spraying Equipment Manufacturing industry impact industry performance..

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    What's in this report

    What is the Industrial Spraying Equipment Manufacturing Industry?

    This industry primarily manufactures industrial spraying equipment used to coat products such as automobiles, appliances, furniture and other industrial and consumer products. Industrial spraying equipment used for commercial construction purposes is also included. This industry excludes sprayers used for agricultural purposes.

    Industry Products
  • Painting sprayers
  • Blasting machines and Parts and other equipment
  • Roof and waterproof sprayers
  • Industry Activities
  • Manufacturing spraying equipment used in the sandblasting process
  • Manufacturing spraying equipment used in the automobile industry
  • Manufacture power sprayers used to apply markings to cement
  • Manufacture spraying equipment used in painting, staining, sealing or adhering in finishing applications
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Trade-weighted index
  • Demand from car and automobile manufacturing
  • World price of steel

  • Current Performance
  • Downstream users
  • Trade matters
  • Profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Stable demand
  • Imports rise
  • Rising raw materials
  • Table: Industrial Spraying Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Industrial Spraying Equipment Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing
  • Household Furniture Manufacturing
  • Commercial Building Construction

  • Key Selling Industries
  • Iron & Steel Manufacturing

  • Products & Services
  • Painting sprayers
  • Blasting machines and Parts and other equipment
  • Roof and waterproof sprayers
  • Chart: Industrial Spraying Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Automotive manufacturers
  • Aerospace manufacturers
  • Exports
  • All Other
  • Furniture manufacturers
  • Chart: Major Market Segmentation for the Industrial Spraying Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Industrial Spraying Equipment Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Industrial Spraying Equipment Manufacturing Industry

  • Industry Globalization
    Graco, Ingersoll-Rand PLC,
  • Table: Graco - financial performance
  • Table: Ingersoll-Rand PLC - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Industrial Spraying Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Industrial Spraying Equipment Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Industrial Production Index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Plural Component Spraying
  • A painting method that mixes two or more component paint materials in the process of delivering them to the spray gun.
  • Sand Blasting
  • To roughen or clean a surface with sand driven by air or compressed steam.
  • Thermal Spraying
  • A coating process in which melted materials are sprayed onto a surface to prevent corrosion.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industrial Spraying Equipment Manufacturing Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Industrial Spraying Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Industrial Spraying Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Industrial Spraying Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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