PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1464662
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1464662
Gantry (Cartesian) Robot Market size was valued at USD 2,521.94 Million in 2023, expanding at a CAGR of 8.21% from 2024 to 2032.
A Gantry Robot is an automated industrial system that can also be referred to as a Cartesian Robot or a Linear Robot. Gantry robots typically move in linear paths creating a three dimensional cubic envelope of space it can work within. Cartesian robots have a larger payload capacity than six-axis robots. This, paired with linear robots' cheaper cost and simplicity of programming, makes them ideal for a wide range of industrial applications. Gantry robots, which are basically Cartesian robots with supporting scaffolding, can transport much heavier loads. The range of motion for linear robots may be increased by adding suitable modules to the current mechanism. Cartesian robots' modularity makes them more adaptable and lasts longer in an industrial context.
Gantry (Cartesian) Robot Market- Market Dynamics
Rise in demand for Automation in industrial Sector is anticipated to drive the growth of market.
Gantry robots play a crucial role in enhancing efficiency and productivity through automation. They streamline processes, reduce cycle times, and minimize errors, which is especially important in industries that involve a high volume of repetitive tasks. In 2020, the business process automation market reached a value of 8 billion US dollars, and it is projected to reach 19.6 billion US dollars by 2026. Notably, approximately 80 percent of businesses are accelerating their process automation efforts, with 50 percent aiming to automate all repetitive tasks. These statistics highlight the growing importance of automation in business operations. Moreover, the ongoing industrialization in emerging economies and the modernization of manufacturing processes worldwide present significant opportunities for the adoption of gantry robots across various industries. However, it is important to address safety concerns that may hinder the market's growth.
Gantry (Cartesian) Robot Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 8.21% over the forecast period (2024-2032)
Based on Axis Type segmentation, 3-Axis was predicted to show maximum market share in the year 2023
Based on application segmentation, metals and machinery was the leading type in 2023
On the basis of region, Asia pacific was the leading revenue generator in 2023
The Global Gantry (Cartesian) Robot Market is segmented on the basis of Axis Type, Payload Capacity, Application, and Region.
The market is segmented into three divisions according to Axis Type: 1-Axis, 2-Axis, 3-Axis, and 4-Axis. The 3-Axis category holds the largest market share. The gantry (Cartesian) robot market for 3-axis systems is experiencing notable expansion due to the rising implementation of automation in diverse sectors such as manufacturing, logistics, automotive, electronics, and pharmaceuticals.
The market is segmented into two groups according to Payload Capacity: Up to 100Kg, 101-500Kg, and Above 501Kg. The need for gantry robots differs among sectors depending on the payload capacity needed for particular tasks. Sectors dealing with heavier and bigger workpieces necessitate gantry robots with increased payload capacities.
The market is segmented into two categories according to application: Automotive, Electrical & Electronics, Food & Beverages, Pharmaceuticals, Manufacturing, Metals and machinery, and Others. The metals and machinery sector holds a significant share in the market. The gantry robot market within the metals and machinery industry is expected to experience ongoing expansion as manufacturers strive to enhance productivity, quality, and safety through automation.
Gantry (Cartesian) Robot Market- Geographical Insights
Geographically, this market is extensively spread across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further categorized based on the countries involved in business activities. The market in Asia Pacific dominates, primarily due to its significant presence in the automotive and electrical and electronics industries. Asia Pacific serves as a global manufacturing hub, particularly for sectors such as automotive and electrical and electronics. The electronics sector alone contributes to 20% to 50% of the total value of exports in most Asian countries. The ASEAN region is responsible for producing a substantial amount of the world's consumer electronics, including televisions, radios, computers, and cellular phones. According to the Association of Southeast Asian Nations, more than 80% of the world's hard drives are manufactured in Asia. The automotive and electrical and electronics industries in Asia Pacific cater to both domestic and international demand by producing large volumes of products. Europe, on the other hand, holds the second-largest market growth region, primarily due to rapid industrialization.
The market for gantry (Cartesian) robots is highly competitive, with numerous major players striving to gain market dominance through the introduction of cutting-edge solutions, sophisticated technologies, and extensive support services. Companies are engaged in a fierce competition to incorporate advanced technologies like artificial intelligence (AI), machine learning, computer vision, and IoT (Internet of Things) into their gantry robots to enhance their capabilities, efficiency, and adaptability. Gantry robots are required to exhibit exceptional reliability, uptime, and durability in challenging industrial settings. Manufacturers are focusing on sturdy construction, high-quality components, and thorough testing procedures to ensure the sustained performance of their products.
On June 2, 2021, PI unveiled a cutting-edge gantry stage system, expanding its range of gantry linear robot products. The A-352 direct-drive gantry can handle overhead motion ranges of up to 2 meters x 1 meter and is powered by a total of 3 direct-drive, closed-loop, brushless linear motors. Equipped with high load mechanical linear bearings, this system is designed to meet the needs of rigorous 24/7 industrial automation tasks.
GLOBAL GANTRY (CARTESIAN) ROBOT MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Gudel AG
IAI
Parker
Fibro
BAHR
BOSCH Rexroth
PROMOT
Martin Lord
YAMAHA
MOTEC
Ston Group
LEADING
Others