The global gantry/cartesian robot market was
valued at US$ 7,752.0 Mn in 2017and is projected to expand at a
compound annual growth rate (CAGR) of over 13.4% from 2018 to 2026,
according to a new report published by Transparency Market Research
(TMR) titled ‘Gantry/Cartesian Robot Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’
This is mainly due to an increase in adoption of automation in
industrial applications across the globe, which is likely to boost
demand for gantry/cartesian robots. Moreover, huge demand for
gantry/cartesian robots across healthcare, industrial, aerospace, and
automotive sectors is expected to propel the market during the forecast
period.
The global gantry/cartesian robot market
has been segmented based on axis type, end-use industry, and geography.
In terms of axis type, the market has been divided into 1-Axis, 2-Axis,
3-Axis and 4-Axis. Based on end-use industry, the market has been
classified into automotive, electrical & electronics, food &
beverages, pharmaceuticals, manufacturing, and others (rubber and
plastics industry). Based on geography, the market has been segmented
into North America, Asia Pacific, Europe, Middle East & Africa, and
South America.
The 3-axis gantry/cartesian robot segment is anticipated to be highly lucrative during the forecast period
The 3-axis gantry/cartesian 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. Hence, 3-axis is expected to contribute toward
growth of the market during the forecast period. Additionally, gantry
robots offer significant advantages over articulated arm robots for high
speed automation with their capability to handle large payloads and
span great distances. The different axes can be upgraded or changed with
relatively little reconfiguration to suit evolving product or
application requirements. The 3-axis segment of the global
gantry/cartesian robot market is projected to expand at a rapid CAGR of
more than 13.9% from 2018 to 2026.
Electrical and electronics end-use industry segment is expected to hold a prominent share during the forecast period
In terms of end-use industry, the
electrical and electronics segment is anticipated to constitute a
dominant share in 2018. The segment is expected to be driven by factors
such as the rising demand and production of integrated chips and
electronic components. Gantry robots can be used for assembly,
packaging, unitizing, sorting, scanning, and tray loading/unloading
applications in production facilities. Additionally, the penetration of
gantry/cartesian robots is increasing with the growing automotive
manufacturing industry.
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 due to emerging countries such as India, China, and
South Korea.
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.