The newly released analysis report reveals that the global High Volume Low Pressure (HVLP) spray gun market is valued at $1.5 billion in 2023. Sales of HVLP spray guns worldwide are expected to reach $3.4 billion by 2029, showing significant growth with a CAGR of 8.2% over the next decade.
Here are some key points from the research conducted by, a market research and competitive intelligence provider:
- From 2018 to 2022, the HVLP spray gun market saw a growth of 4.1% CAGR.
- The market is projected to offer an absolute dollar opportunity of $1.9 billion by 2029.
- Electrostatic HVLP spray guns are expected to generate higher revenue, with this segment forecasted to expand at a CAGR of 9% through 2029.
- In terms of application, the use of HVLP spray guns in automotive manufacturing and repairs is projected to rise at a CAGR of 6.5% over the next 10 years.
HVLP Spray Gun Market Size (2022A)
US$ 1.3 Billion
Estimated Market Value (2023E)
US$ 1.6 Billion
Forecasted Market Size (2029F)
US$ 3.5 Billion
Global Market Growth Rate (2023 to 2029)
China Market Growth Rate (2023 to 2029)
Electrostatic HVLP Spray Gun Segment Growth Rate (2023 to 2029)
Automotive Manufacturing and Repairs Segment Growth Rate (2023 to 2029)
United States Market Growth Rate (2023 to 2029)
Low Inlet Pressure Segment Growth Rate (2023 to 2029)
Leading Regional Market
Key Companies Profiled
What Key Factors Are Driving the Growth of the HVLP Spray Gun Market?
"Increased Demand for Environmentally Friendly and Sustainable Painting Solutions"
The HVLP spray gun market has experienced substantial growth in recent years, primarily due to key factors like the rising demand for environmentally friendly and sustainable painting solutions. These spray guns are designed to minimize overspray and reduce paint wastage, making them more environmentally friendly compared to traditional spray guns.
The thriving automotive industry has undeniably played a significant role in driving the expansion of the HVLP spray gun industry. With the automotive sector continuing to flourish, the demand for high-quality paint finishes on vehicles has surged, leading to an increased need for automotive HVLP spray guns.
- Around 85 million motor vehicles were produced globally in 2022, up 6% from 2021.
The development of automotive suppliers and the growing demand for HVLP spray guns are closely intertwined since these spray guns are essential in the manufacturing process. Suppliers often require these spray guns for various tasks, including painting parts and components.
Strict regulations and guidelines established by governmental and environmental agencies have played a pivotal role in propelling the HVLP spray gun industry. In the United States, the Environmental Protection Agency (EPA) has imposed limits on the amount of volatile organic compounds (VOCs) that can be emitted during painting processes. The top HVLP spray guns assist businesses in complying with these regulations by reducing VOC emissions. Consequently, this has led to an increased adoption of HVLP spray guns across industries such as automotive, aerospace, and furniture manufacturing.
Which Region is Expected to Experience Strong Demand for HVLP Spray Guns?
"Rising Demand for High-Quality Furniture Finishing Drives Home Furniture Imports in Europe"
The European HVLP paint sprayer market reached a valuation of US$ 474.9 million in 2022 and is estimated to be at US$ 502 million in 2023. Sales of HVLP spray guns are projected to reach US$ 1.1 billion by 2029.
European home furniture imports have grown at an average annual rate of 7.6%, increasing from US$ 37.33 billion in 2017 to US$ 50.13 billion in 2021. The European market represents 43% of total global home furniture imports, directly influencing the growth of the HVLP spray gun industry in the region.
As the demand for furniture finishing continues to rise, HVLP spray guns play a pivotal role in achieving high-quality finishes, meeting aesthetic standards, and adhering to environmental regulations. The expanding furniture market in Europe drives the demand for HVLP spray guns, offering opportunities for manufacturers and suppliers to meet the industry's growing needs.
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CAGR (2023 to 2029)
What Attracts HVLP Spray Gun Manufacturers to the United States?
“Well-established and Technologically Advanced Automotive Manufacturing Facilities”
The HVLP spray gun market in the United States is estimated to reach US$ 760.2 million by 2029, presenting an absolute dollar opportunity of US$ 374.6 million over the next 10 years. Sales of HVLP spray guns in the United States grew at a CAGR of 2.4% from 2018 to 2022 and are expected to further advance at a CAGR of 6.5% from 2023 to 2029.
In 2019, the automobile sector in the United States attracted a total of US$ 143.3 billion in foreign direct investment, contributing to the expansion and modernization of automotive manufacturing facilities that often incorporate advanced tools and technologies such as HVLP spray guns.
How is the Demand for HVLP Spray Guns Shaping Up in Japan?
“Rising Demand for Efficient and High-quality Paint Application Tools”
The market for HVLP paint sprayers in Japan is projected to reach US$ 88.5 million by 2029-end, with an absolute dollar opportunity of US$ 57.9 million over the next decade. Demand for HVLP spray guns in Japan increased at a CAGR of 6.6% from 2018 to 2022 and is expected to rise at a CAGR of 10.1% from 2023 to 2029.
Why is China Becoming an Attractive Market for HVLP Spray Gun Manufacturers?
“Rising Robot Production and Widespread Adoption of Automation”
The HVLP spray gun market in China is gaining momentum, and it is projected to reach a valuation of US$ 420 million by the end of 2029, offering an absolute dollar opportunity of US$ 249.6 million over the next decade. China has witnessed an increased demand for HVLP spray guns, with a notable growth rate of 6.9% from 2018 to 2022, and it is expected to continue growing at a CAGR of 11.8% from 2023 to 2029.
One of the significant drivers of this growth is the surge in robot production and the widespread adoption of automation in various industries across China. As industries increasingly utilize automation for manufacturing processes, the need for efficient and precise paint application tools like HVLP spray guns has surged, creating lucrative opportunities for HVLP spray gun producers in China.
Sales of HVLP spray guns in China are poised to reach US$ 560.7 million by 2029, offering a substantial absolute dollar opportunity of US$ 321.7 million throughout the period up to 2029. The Chinese market for HVLP spray guns demonstrated a growth rate of 4.8% from 2018 to 2022 and is anticipated to accelerate at a rate of 8.1% from 2023 to 2029.
China's production volume of industrial robots has experienced significant expansion, surpassing 363 thousand units in 2021, representing a remarkable growth rate of over 50% compared to the previous year. This surge in industrial robot production directly influences the growth trajectory of the HVLP spray gun industry in China.
With industrial robots finding extensive applications in various manufacturing processes, including painting and coating, the increasing adoption of automation and robotics across Chinese industries is propelling the demand for HVLP spray guns. The flourishing industrial robot sector in China offers substantial opportunities for HVLP spray gun manufacturers to meet the requirements of automated painting and coating applications, thereby contributing to the overall growth of the market.
CAGR (2023 to 2029)
The HVLP spray gun segment in high demand is the electrostatic HVLP spray guns, sought after for their ability to deliver consistent paint finishes. Demand for electrostatic HVLP spray guns exhibited steady growth with a CAGR of 4.3% from 2018 to 2022 and is anticipated to further increase significantly at a high CAGR of 9% from 2023 to 2029.
The surge in demand for electrostatic HVLP spray guns can be attributed to their numerous advantages compared to traditional spray guns. This technology has found widespread use across various sectors, with a notable example being the automotive manufacturing industry, where electrostatic HVLP spray guns are adopted to enhance productivity and achieve uniform and reliable paint finishes.
The usage of HVLP spray guns in automotive manufacturing and repair applications experienced steady growth with a CAGR of 2.7% from 2018 to 2022. This segment is anticipated to see significant advancement with a CAGR of 6.6% from 2023 to 2029.
The United States automotive manufacturing sector witnessed substantial development, exporting 1.4 million new light automobiles and 108,000 medium and heavy trucks in 2020, valued at over $52 billion. These exports reached more than 200 global markets, contributing to the growth of the automotive industry. Additionally, the export of automobile parts also increased, reaching a value of $66.7 billion. This surge in automobile production and associated exports has led to increased demand for HVLP spray guns, driving the expansion of the HVLP spray gun market in the automotive manufacturing sector worldwide.
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Prominent manufacturers in the HVLP spray gun industry include Fujitsu, Thales, Teledyne FLIR, Garrett Metal Detectors, Smiths Detection Inc., Bruker, OSI Systems, Analogic Corporation, Nuctech Company Limited, and Astrophysics Inc.
Recent Developments in the HVLP Spray Gun Industry:
- In April 2023, Graco Inc. introduced its next-generation small-application airless sprayer, designed to accelerate small jobs with speeds exceeding traditional tools by over 80 times.
- Graco Inc. completed the acquisition of International Polymer Solutions Inc. (iPolymer) in March 2022. iPolymer is a manufacturer of high-performance valves and fittings for critical applications in the chemical, petrochemical, and pharmaceutical industries. This acquisition aligns with Graco's strategy to expand its product portfolio and enhance its industry position.
- Carlisle Fluid Technology announced its acquisition of Integrated Dispense Solutions (IDS) in April 2019. This strategic move strengthens Carlisle Fluid Technology's commitment to delivering comprehensive material application solutions across various industries.
- In July 2019, DeVilbiss acquired Ecco Finishing (Ecco), a well-known manufacturer based in Skara, Sweden. Ecco specializes in producing both low- and high-pressure painting equipment and sealing applicators. This strategic acquisition by DeVilbiss represents a significant expansion of its portfolio and capabilities in the applied finishing solutions sector.
Breakdown of HVLP Spray Gun Industry Research Categories
- By Type :
- By Inlet Pressure :
- High Inlet Pressure
- Medium Inlet Pressure
- Low Inlet Pressure
- By Feed Type :
- Gravity Feed
- Siphon Feed
- Pressure Feed
- Turbine Feed
- By Application :
- Automotive Manufacturing & Repairs
- Industrial & Commercial Painting
- Woodworking & Furniture Finishing
- Others (Aerospace Industry, Marine Industry, DIY Projects)
1 Market Overview
1.2 Market Analysis by Type
1.2.1 Overview: Global Revenue by Type: 2022 Versus 2023 Versus 2029
1.3 Market Analysis by Application
1.3.1 Overview: Global Revenue by Application: 2022 Versus 2023 Versus 2029
1.4 Global Market Size & Forecast
1.4.1 Global Sales in Value (2017-2029))
1.4.2 Global Sales in Volume (2017-2029)
1.4.3 Global Price by Type (2017-2029) & (US$/Unit)
1.5 Global Production Capacity Analysis
1.5.1 Global Total Production Capacity (2017-2029)
1.5.2 Global Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Market Drivers
1.6.2 Market Restraints
1.6.3 Trends Analysis
2 Manufacturers Profiles
**This is for each company**
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Product and Services
2.1.4 Company Sales, Price, Revenue, Gross Margin and Market Share (2019-2022)
3 Sales by Manufacturer
3.1 Global Sales in Volume by Manufacturer (2020-2022)
3.2 Global Revenue by Manufacturer (2020-2022)
3.3 Key Manufacturer Position in Market
3.4 Market Concentration Rate
3.4.1 Top 3 Manufacturer Market Share
3.4.2 Top 6 Manufacturer Market Share
3.5 Global Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global Market Size by Region
4.1.1 Global Sales in Volume by Region (2017-2029)
4.1.2 Global Revenue by Region (2017-2029)
4.2 North America Revenue (2017-2029)
4.3 Europe Revenue (2017-2029)
4.4 Asia-Pacific Revenue (2017-2029)
4.5 South America Revenue (2017-2029)
4.6 Middle East and Africa Revenue (2017-2029)
5 Market Segment by Type
5.1 Global Sales in Volume by Type (2017-2029)
5.2 Global Revenue by Type (2017-2029)
5.3 Global Price by Type (2017-2029)
6 Market Segment by Application
6.1 Global Sales in Volume by Application (2017-2029)
6.2 Global Revenue by Application (2017-2029)
6.3 Global Price by Application (2017-2029)
7 North America by Country, by Type, and by Application
7.1 North America Sales by Type (2017-2029)
7.2 North America Sales by Application (2017-2029)
7.3 North America Market Size by Country
7.3.1 North America Sales in Volume by Country (2017-2029)
7.3.2 North America Revenue by Country (2017-2029)
7.3.3 United States Market Size and Forecast (2017-2029)
7.3.4 Canada Market Size and Forecast (2017-2029)
7.3.5 Mexico Market Size and Forecast (2017-2029)
8 Europe by Country, by Type, and by Application
8.1 Europe Sales by Type (2017-2029)
8.2 Europe Sales by Application (2017-2029)
8.3 Europe Market Size by Country
8.3.1 Europe Sales in Volume by Country (2017-2029)
8.3.2 Europe Revenue by Country (2017-2029)
8.3.3 Germany Market Size and Forecast (2017-2029)
8.3.4 France Market Size and Forecast (2017-2029)
8.3.5 United Kingdom Market Size and Forecast (2017-2029)
8.3.6 Russia Market Size and Forecast (2017-2029)
8.3.7 Italy Market Size and Forecast (2017-2029)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific Sales by Type (2017-2029)
9.2 Asia-Pacific Sales by Application (2017-2029)
9.3 Asia-Pacific Market Size by Region
9.3.1 Asia-Pacific Sales in Volume by Region (2017-2029)
9.3.2 Asia-Pacific Revenue by Region (2017-2029)
9.3.3 China Market Size and Forecast (2017-2029)
9.3.4 Japan Market Size and Forecast (2017-2029)
9.3.5 Korea Market Size and Forecast (2017-2029)
9.3.6 India Market Size and Forecast (2017-2029)
9.3.7 Southeast Asia Market Size and Forecast (2017-2029)
9.3.8 Australia Market Size and Forecast (2017-2029)
10 South America by Country, by Type, and by Application
10.1 South America Sales by Type (2017-2029)
10.2 South America Sales by Application (2017-2029)
10.3 South America Market Size by Country
10.3.1 South America Sales in Volume by Country (2017-2029)
10.3.2 South America Revenue by Country (2017-2029)
10.3.3 Brazil Market Size and Forecast (2017-2029)
10.3.4 Argentina Market Size and Forecast (2017-2029)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Sales by Type (2017-2029)
11.2 Middle East & Africa Sales by Application (2017-2029)
11.3 Middle East & Africa Market Size by Country
11.3.1 Middle East & Africa Sales in Volume by Country (2017-2029)
11.3.2 Middle East & Africa Revenue by Country (2017-2029)
11.3.3 Turkey Market Size and Forecast (2017-2029)
11.3.4 Egypt Market Size and Forecast (2017-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2029)
11.3.6 South Africa Market Size and Forecast (2017-2029)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Typical Distributors
12.3 Typical Customers
13 Research Findings and Conclusion
14.2 Research Process and Data Source
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.