Unique Features Offered by the Cartesian Robots will lead its Utilization in Various End Use Industries
Rockville, Jan. 25, 2023 (GLOBE NEWSWIRE) — The market for cartesian robots is anticipated to reach US$ 2,751.4 million in 2023 and grow at a healthy 7.1% CAGR between 2023 and 2033. The market for cartesian robots is driven by the rising demand for these machines from the automotive sector. The market for cartesian robots is also driven by the high level of precision, robustness, and repeatability that these machines provide for an effective and affordable option to increase overall productivity.
Use of cartesian robots for part insertion, palletizing, welding auto parts, and pick-and-pale. Automobile companies are choosing to use automation and robots to boost their manufacturing output as a result of rising auto sales around the world, which is also a market driver for cartesian robots.
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|Historical Data||2023 – 2032|
|Value Projection (2032)||US$ 5436.2 Million|
|Growth Rate (2022-2032)||7.1 % CAGR|
|No. of Pages||170 pages|
|No. of Tables||112 Tables|
|No. of Figures||98 Figures|
Key Takeaways from Market Study
- The global cartesian robot market is projected to reach US$ 5,463.2 million by 2033.
- The market witnessed 6.7% CAGR between 2018 and 2022.
- 3-axis cartesian robot in type segment dominates the market with 55.4% market share in 2023.
- Under application, handling cartesian robot dominates the market and is valued at US$ 887.6 million in 2023.
- Based on region, demand for cartesian robot is expected to increase at CAGR of 7.7% in East Asia during the forecast period.
“Improvement in the Surveillance Boosts the Cartesian Robot Market,” says a Fact.MR analyst.
Due to their rigid and lightweight construction, cartesian/gantry robots are highly accurate and repeatable. Due to its simple construction, the cartesian robot can be intuitively programmed and easily visualized when evaluating new automation.
Most portal robots are configurable. From various engine and transmission options to components and materials, these robots are ready to take on the challenges of humid, dangerous and dirty environments. During the anticipated period, these factors can help the global cartesian robot market grow.
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Corporation, Parker Hannifin Corp, Kuka AG, ABB, Advokatfirmaet BAHR AS, Promot Switches, MoTeC Pty Ltd., Aerotech Inc., Bosch Rexroth AG, Stone Technologies Limited, Seiko Epson Corporation
Acquisitions, collaborations, and alliances are a few examples of non-organic growth strategies that are used by many companies. Market participants have been benefited from these actions in growing their clientele and revenue.
By incorporating innovative technologies like artificial intelligence and machine learning, robot can become smarter and more effective, potentially helping to lift and move heavy payloads. Such innovative products have a great chance of succeeding in the market in the near future.
Some of the key developments are:
- In April 2021, Kuka AG unveiled the first version of iiQKA.OS, a new operating system that will make using robots much simpler. This new operating system offers a foundation for an entire ecosystem and gives users access to a wide range of equipment, programs, apps, services, and accessories that can be installed, used, and enhanced by the system with ease.
Fact.MR has provided detailed information about the price points of key manufacturers of cartesian robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Key Companies Profiled
- Advokatfirmaet BAHR AS
- Aerotech Inc.
- Bosch Rexroth AG
- FUNAC Corporation
- Kuka AG
- MoTeC Pty Ltd.
- Parker Hannifin Corp
- Promot Switches
- Stone Technologies Limited
- Toshiba machine Co. Ltd.
- Seiko Epson Corporation
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Segmentation of Cartesian Robot Industry Research
- By Axis Type :
- By Application :
- By End Use Industry :
- Food & Beverage
- Semiconductor & Electronics
- Aerospace & Defense
- By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East and Africa (MEA)
The increased focus on the use of collaborative robots and the preference for the automotive industry present an opportunity for the cartesian robot market. Consequently, it can be predicted that the market for cartesian robots will grow impressively over the course of the forecast period as cartesian robot are shifting to become more advanced in coming years.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global cartesian robot market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of axis type, (1-axis, 2-axis, 3-axis), application, (handling, palletizing, welding, others), end use industry, (automotive, pharmaceutics, food & beverage, semiconductor & electronics, aerospace & defense, others) and across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
Check out more related studies published by Fact.MR Research:
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