Gantry (Cartesian) Robot Market – Snapshot
The increasing demand for industrial robots across different regions and applications is expected to lead to positive growth in this market during the forecast period. Gantry/cartesian robots are large systems designed for pick and place applications in any workplace. It contains a manipulator mounted onto an overhead system that moves across a horizontal plane. Gantry robots are easier to program with respect to motion, because they work with an X, Y, Z coordinate system. Another advantage is that they are less limited by floor space constraints. The Gantry/cartesian robot market is projected to expand at a CAGR of 13.4% during the forecast period and reach US$ 23,384.4 Mn by 2026.
The global gantry/cartesian robot market is driven by an increase in use of automation in a wide variety of applications in manufacturing, electrical & electronics, and othersectors. Furthermore, significant adoption of gantry/cartesian robots in the automotive sector is expected to impact the global gantry/cartesian market. These are quick and accurate solutions for material handling applications. The utmost precision offered by gantry/cartesian robots, coupled with highly accurate link-and-gear combinations is a major factor driving the market in the materials handling application.Moreover with introduction of Industrial Internet of Things (IoT), majority of manufacturers are focusing on equipping their factories with automated systems, particularly in developed countries. Gantry robots saves a tremendous amount of labor and associated costs while also greatly accelerating the production process for end-use industries and this is the main factor that is expected to boost the demand for gantry robots during the forecast period. However, the high cost associated with gantry/cartesian robots is estimated to hamper the global gantry/cartesian robots market. Furthermore, efforts are underway in many companies to upgrade their research and development activities which are expected to generate profitable growth opportunities for the market during the forecast period.
The global gantry/cartesian robot market has been segmented based on axis type, end-use industry, and region. Based on axis type, the market has been classified into 1-Axis, 2-Axis, 3-Axis, and 4-Axis. 3-Axis gantry robot provides an easy to specify, cost effective X-Y-Z handling system. It helps to move almost any length, and is scalable and suitable for light to heavy / hanging loads. The 3-axis segment is expected to hold a significant market share during the forecast period due to these benefits.The addition of one more axis (Z-axis) for rotatory motion in 3-axis gantry/Cartesian robot is expected to be a huge potential in new applications during the forecast period.In terms of end-use industry, the global gantry/cartesian robot market has been segmented into automotive, manufacturing, electrical & electronics, food & beverages, pharmaceuticals, among other industries. Gantry/cartesian robots within the electrical & electronics segment is anticipated to grow at a significant CAGR of above 14% during the forecast period.
In terms of geography, the global gantry/cartesian robot market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is anticipated to hold a significant share of the market over the forecast period followed by Europe and North America. Further, the market in Asia Pacific is anticipated to grow at a significant pace in the near future in emerging countries such as India, China, South Korea, and other countries. Attracted by this expanding market and underlying latent demand, several players are expanding their business through new product development and strategic mergers and acquisitions and partnerships with several industries. Some of the prominent players identified in the gantry/Cartesian market include Güdel Group AG, Aerotech Inc., Bosch Rexroth AG, Ltd, ABB Ltd., Toshiba Machine Co.,Ltd., YAMAHA Robotics, STON ROBOT, Denso Corporation, and IAI America, Inc.
Gantry (Cartesian) Robot Market – Overview
The ‘Gantry/Cartesian Robot Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026’ report provides an analysis of the gantry/cartesian robot market for the period 2016–2026, wherein 2018 to 2026 is the forecast period, and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies that play a major role in the growth of the gantry/cartesian robot market during the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market’s expansion during this period. The study provides a holistic perspective on the market’s growth in terms of revenue and volume (in US$ Mn and Units) across different geographical regions that include North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights key trends affecting the market on a global scale. Furthermore, prominent countries/regions covered in the report include the U.S, Canada, U.K, Germany, France, Spain, Italy, Central/Eastern Europe, India, China, Japan,South Korea, GCC countries, South Africa, and Brazil.
The report analyzes and forecasts the gantry/cartesian robot market at the global and regional level. The report also comprises a detailed value chain analysis which provides a comprehensive view of the global gantry/cartesian robot market. Porter’s Five Forces model has been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Gantry/Cartesian Robot Market: Taxonomy
This research study on the global gantry/cartesian robot market provides a detailed cross segment and cross country analysis based on segmentation categories such as axis type, end-use industry, and region. Based on axis type, the market has been divided into 1-Axis, 2-Axis, 3-Axis, and 4-Axis. In terms of end-use industry, the market has been segmented into automotive, electrical & electronics, food & beverages, pharmaceuticals, manufacturing, and others (rubber and plastics industry).
Global Gantry/Cartesian Robot Market: Research Methodology
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, national government documents, statistical databases, market reports, Factiva, etc..
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-handinformation on the market size, market trends, growth trends, competitive landscape, outlook, etc.These help us validate and strengthen secondary research findings. They also help develop the analysis team’s market expertise and understanding.
Global Gantry/Cartesian Robot Market: Competitive Dynamics
The report highlights well-established players operating in the market such as Güdel Group AG, Aerotech Inc., Bosch Rexroth AG, Ltd, ABB Ltd., Toshiba Machine Co., Ltd., YAMAHA Robotics, STON ROBOT, Denso Corporation, and IAI America, Inc.Leading players are focused on introducing new products to strengthen their market grip, since gantry robots can be an alternative to articulated robots for larger applications due to benefits such as low cost and consuming less floor place.
The global gantry/cartesian robot market has been segmented as follows:
By Axis Type
By End-use Industry
- Electrical & Electronics
- Food & Beverages
- Others (Rubber and Plastics Industry)
- North America
- Rest of North America
- Central/Eastern Europe
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America