Automation in Line Marking Robots Accelerating Demand
The global Line Marking Robots market garnered a market value of US$ 16.64 Mn in 2022 and is expected to accumulate a market value of US$ 273.95 Mn by registering a CAGR of 29% in the forecast period 2023-2033. Growth of the Line Marking Robots market can be attributed to increasing global population, rapid urbanization, and growing disposable income levels. The market for Line Marking Robots Registered a CAGR of 27% in the historical period 2018-2022.To get more news about Robots on Demand, you can visit glprobotics.com official website.
Newly-released line marking robots market analysis by Fact.MR, a market research and competitive intelligence provider, shows that global demand enjoyed year-on-year (YoY) growth of 25% by volume in 2022, to total around 390 units. Fact.MR estimates that line marking robots revenue will grow 12.6X from 2023 to 2033.
Traditional line-marking devices are controlled by hand. They are walk-behind devices that are used to apply paint to various surfaces; nevertheless, they are less effective and more likely to make mistakes.
Automation has improved safety by removing human mistake, boosting accuracy, speeding up the process, and lowering time spent on it. The use of line marking equipment has made it simpler to mark different kinds of lines in the field. These include pitch and field lines, coaching zones, yard numbers, track markings, and hash marks.
Additionally, due to their accuracy and simple operations, numerous location systems like GPS and GLONASS are now being used in line-marking robots.
Furthermore, with the development of infrastructure and push towards sports at various educational institutes, utilization of line marking robots for college-level sports competition is set to gain high traction. The aforementioned factors would facilitate the growth opportunity for the Line Marking Robots market, which is projected to rise at a CAGR of 29% in terms of value over the forecast period 2023-2033.