New report published by QY Research which offers insights on the global Paint Sprayer market. During the 2017-2023 timeline, the global market for Paint Sprayer is expected to reflect an increase in the revenue growth. In 2017 the global Paint Sprayer market was valued at 860 Mn USD and by the end of the assessment year (2023), it is estimated to touch a value more than 1,100 Mn USD growing at a value CAGR of 4.7% throughout the period of forecast.
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Global Paint Sprayer Market: Market Driver and Restraint
Applications of Paint Sprayer are anticipated to create new business segments in the market. Paint Sprayer is in use for a broad range of Consumer Application products. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since cutting edge technology introduction.
Manufacturers are exploring the potential of Paint Sprayer in Contractor Application products. Application of Paint Sprayer in Contractor Application products is gaining traction in the recent years.
Global Paint Sprayer Market: Forecast by Type
This segment includes Airless Paint Sprayer and HVLP Paint Sprayer. Airless Paint Sprayer segment is expected to rank relatively high on the attractiveness index in the global Paint Sprayer market by 2023 end, however, HVLP Paint Sprayer segment is expected to account for a relatively higher growth rate in the Paint Sprayer market over the forecast period.
Global Paint Sprayer Market: Forecast by Region
North America, Europe, Asia are the key regions that are included in this report. North America is the dominant market in the global Paint Sprayer market in terms of value. The North America Paint Sprayer market was estimated to be valued at US$ 290 Mn in 2017.
Global Paint Sprayer Market: Key Players
Wagner, Graco, BLACK& DECKER, Wilhelm Wagner, Walther Pilot, Larius, ECCO FINISHING, RIGO, Shanghai Telansen, HomeRight, Dino-power, Chongqing Changjiang, Fuji Spray, Golden Juba, Airprotool are the key vendors included in this report.
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