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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Increase in the Use of Automation in a Various Applications Augmenting the Market Growth
The global gantry industrial robots industry is driven by an increase in the use of automation in a wide variety of applications, including manufacturing, electrical and electronics, and other sectors. The reduction of machine complexities and the adoption of intelligent systems in automation may propel the industry growth. These factors may drive the gantry industrial robots market growth. The increasing applications of robots and exponential investments by automotive players and venture capitalists are expected to propel the market development. Also, prominent companies operating in the market are announcing novel software to enhance product quality and boost brand image. For example, KUKA AG unveiled its iiQKA.OS in April 2021. It offers a new ecosystem and provides access to various equipment, services, apps, programs, and components. This factor may enable companies to boost the product’s adoption.
The gantry industrial robot market is also expected to grow due to the increased acceptability of gantry and cartesian systems due to their improved programming and communication interfaces. Along with this, growing urbanisation and an increase in the deployment of cartesian systems that can be designed for collaborative applications are both expected to augment the market growth.
Gantry Industrial Robots Market Report Snapshots
Gantry Industrial Robots Market Size
Gantry Industrial Robots Market Growth
Gantry Industrial Robots Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global attained a value of nearly USD 3.52 billion.
The market is projected to grow at a CAGR of 6.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.21 billion by 2032.
The major drivers of the market include the initiatives implemented by the governments, exponential investments by automotive players, increased acceptability of gantry and cartesian systems due to their improved programming and communication interfaces, growing urbanisation and an increase in the deployment of cartesian systems.
An increase in the use of automation in a wide variety of applications and growing industrialisation are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of the market are handling, palletizing, and welding, among others.
The various industries involved in the market are packaging, automotive, pharmaceuticals, food and beverage, semiconductors and electronics, heavy engineering machinery, aerospace and railway, among others.
The major players in the industry are Liebherr-International Deutschland GmbH, ABB Ltd., Kuka AG, Parker Hannifin Corp, and Sage Automation Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124