Global Cartesian Robots Market 2022-2026
Technavio has been monitoring the cartesian robots market and it is poised to grow by $ 2.60 bn during 2022-2026, accelerating at a CAGR of 9.06% during the forecast period. Our 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in demand for automated material handling in the industrial sector, growing demand for packaging applications, and augmented demand from APAC.
The cartesian robots market analysis includes the end-user segment and geographic landscape.
Technavio's cartesian robots market is segmented as below:
- Electrical and electronics
- Chemical and petrochemical
- Food and beverage
By Geographical Landscape
- North America
- South America
- The Middle East and Africa
This study identifies the increased focus on the use of collaborative robots as one of the prime reasons driving the cartesian robots market growth during the next few years. Also, the development of advanced software and control systems to improve performance and the adoption of innovative business models will lead to sizable demand in the market.
Technavio 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. Our report on the cartesian robots market covers the following areas:
- Cartesian robots market sizing
- Cartesian robots market forecast
- Cartesian robots market industry analysis
Technavio's robust 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., Bosch Rexroth AG, 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.
Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.