The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Gantry Industrial Robots Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Gantry Industrial Robots Global Market Report 2024, The gantry industrial robots market size has grown rapidly in recent years. It will grow from $2.79 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to automotive industry growth, increasing labor costs, flexible manufacturing systems, enhanced safety features, e-commerce and logistics growth, increased payload capacities.The gantry industrial robots market size is expected to see rapid growth in the next few years. It will grow to $4.8 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%.
Increased adoption in Small and Medium-sized Enterprises (SMEs) is driving the growth of the gantry industrial robots market. Small and Medium-sized Enterprises (SMEs) represent businesses falling within a specific size range concerning factors like the number of employees, annual revenue, or other quantitative measures. Gantry robots are gaining popularity in SMEs due to their versatility, enabling these enterprises to address diverse production needs and enhance flexibility in their manufacturing processes.For instance, in June 2023, according to Myos, a US-based platform for establishing academic connections, Small and Medium-sized Enterprises (SMEs) constitute a significant portion, making up a staggering 99.9% of the business population. This emphasizes the substantial presence and importance of SMEs in various industries. The increasing demand for industrial robots, particularly gantry robots, is being propelled by their adoption in SMEs, contributing to the growth of the gantry industrial robots market.
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Top Major Players
Liebherr-International AG,
ABB Ltd.,
Kuka AG,
FANUC Corporation,
Parker Hannifin Corporation
The gantry industrial robots market covered in this report is segmented –
1) By Type: 1-Axis, 2-Axis, 3-Axis, 4-Axis, Other Types
2) By Application: Handling, Palletizing, Welding, Other Applications
3) By Industry: Packaging, Automotive, Pharmaceuticals, Food & Beverage, Semiconductors & Electronics, Heavy Engineering Machinery, Aerospace and Railway, Other Industries.
The gantry industrial robots market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Gantry Industrial Robots Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Gantry Industrial Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Gantry Industrial Robots Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Liebherr-International AG Financial Performance
Table 75: ABB Ltd. Financial Performance
Table 76: Kuka AG Financial Performance
Table 77: FANUC Corporation Financial Performance
Table 78: Parker Hannifin Corporation Financial Performance
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