PUBLISHER: TechNavio | PRODUCT CODE: 1559345
PUBLISHER: TechNavio | PRODUCT CODE: 1559345
Cartesian Robots Market 2024-2028
The cartesian robots market is forecasted to grow by USD 3286.8 mn during 2023-2028, accelerating at a CAGR of 9.57% during the forecast period. The report on the cartesian robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for automated material handling in the industrial sector, growing demand for cartesian robots in packaging applications, and augmented demand for cartesian robots from APAC.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.06% |
CAGR | 9.57% |
Incremental Value | $3286.8 mn |
Technavio's cartesian robots market is segmented as below:
By End-user
By Geographical Landscape
This study identifies the increased focus on use of collaborative robots as one of the prime reasons driving the cartesian robots market growth during the next few years. Also, development of advanced software and control systems to improve performance and adoption of innovative business models will lead to sizable demand in the market.
The report on the cartesian robots market covers the following areas:
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cartesian robots market vendors that include ABB Ltd., Robert Bosch GmbH, Brooks Automation Inc., DENSO Corp., Gudel Group AG, Hirata Corp., IAI America Inc., KOGANEI Corp., MIDEA Group Co. Ltd., Nidec Corp., OMRON Corp., Parker Hannifin Corp., Samick THK Co. Ltd., Seiko Epson Corp., SEPRO ROBOTIQUE SAS, STON ROBOT, TM Robotics, Yamaha Motor Co. Ltd., Yaskawa Electric Corp., and YUSHIN PRECISION EQUIPMENT CO. LTD.. Also, the cartesian robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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