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QYResearch This report studies the Automotive Spray Guns market, Spray gun, painting tool using compressed air from a nozzle to atomize a liquid into a controlled pattern. Automotive Spray Guns is specially designed for Automotive. As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government’ policy and the high sales of spray gun in the international market, the current demand for spray gun product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.
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According to QYResearch, Automotive Spray guns sales have grown from 3151.6 K Units to 4014.5 K Units by the end of 2017 from 2012; and the sales revenue was grow from 408.8 million USD to 482.0 million USD with both the new and retrofit markets combined. Spray gun is mainly manufactured and sold by Finishing Brands, Finishing Brands, J. Wagner and SATA; and these companies occupied about 43.19% market share in 2017.
QYR Geographically, Europe is the largest sales market in the world, which took about 23.58% of the global consumption volume in 2016. But Europe shared 36.28% of global total sales revenue. Although sales of spray gun brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the spray gun field hastily.
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