Global Cartesian Robots Market 2019-2023
- Published: Jan 2019
- Pages: 149
- SKU: IRTNTR30725
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The cartesian robots market size will grow by USD 2.27 billion during 2019-2023. This report offers an analysis of the market by end-users (automotive, electrical and electronics, chemical and petrochemical, food and beverage, and others). The cartesian robot market research report further presents in-depth insights into the growth prospects of the market across APAC, Europe, MEA, North America, and South America. The report also analyzes the market’s competitive landscape and offers information on several companies including ABB, DENSO (DENSO WAVE), Midea Group (KUKA), Seiko Epson, and TOSHIBA MACHINE.
Below are some of the key findings from the cartesian robots market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global cartesian robot market overview
The increasing demand for cartesian robots from the automotive industry is one of the critical factors that will drive cartesian robot market growth. The automotive industry mainly uses cartesian robots for welding car parts and in palletizing, part insertion, and pick-and-pale applications. With the increasing sales of automobiles across the globe, automotive companies are preferring the adoption of robots and automation to increase their manufacturing output. Since cartesian robots offer an efficient and economical option to improve the overall productivity because of their high precision, durability, and repeatability during manufacturing processes, the rising demand for automobiles will subsequently drive cartesian robot market growth.
In addition to the growing preference form the automotive sector, the increasing focus towards the adoption of collaborative robots will also drive cartesian robot market growth. To improve coordination and sense the environment, collaborative robots are integrated with torque sensors and advanced safety sensors. Moreover, these robots also highly cost-effective, which will increase the adoption of collaborative robots among end-user industries. This, coupled with the growing preference of cartesian robots in the automotive industry will drive the global cartesian robot market growth at a CAGR of about 9% during the forecast period.
Top cartesian robot companies covered in this market research report
The cartesian robot market is highly fragmented with companies focusing on developing cartesian robot-specific software to ensure greater flexibility and convenience in programming cartesian robots. By providing a detailed analysis of the market’s competitive landscape and with information on the products offered by cartesian robot manufacturers, this cartesian robot industry analysis report will allow the clients to assess the market potential and design innovative strategies for strengthening their position in the market.
The report offers a complete analysis of several cartesian robot manufacturers including:
- DENSO (DENSO WAVE)
- Midea Group (KUKA)
- Seiko Epson
- TOSHIBA MACHINE
Cartesian robot market segmentation based on geographic regions
- North America
- South America
APAC will account for the largest cartesian robot market share during the forecast period because of the emergence of local vendors that provide low-cost and high-quality products. This report provides an accurate prediction of the contribution of all the geographic regions to the growth of the cartesian robot market size.
Cartesian robot market segmentation based on end-users
- Electrical and electronics
- Chemical and petrochemical
- Food and beverage
Cartesian robots are highly preferred by automotive end-users owing to their advantages including low cost, low weight, and the ease of programming and integration. The automotive industry will account for the highest global cartesian robot market growth during the forecast period.
Key highlights of the global cartesian robot market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the cartesian robot market during the next five years
- Precise estimation of the global cartesian robot market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cartesian robot industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of cartesian robot companies
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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