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The gantry industrial robots global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Gantry Industrial Robots Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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%. The growth in the forecast period can be attributed to integration with industry 4.0, demand for high-speed production, development of lightweight materials, focus on energy efficiency, globalization of supply chains. Major trends in the forecast period include integration with artificial intelligence (ai), advancements in gripping technology, focus on human-robot collaboration safety, integration with cloud computing, advancements in vision and sensing technologies.
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Scope Of Gantry Industrial Robots Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Gantry Industrial Robots Market Overview
Market Drivers –
The increasing demand for industrial robots is driving the growth of the gantry industrial robots market. Industrial robots are mechanical systems or machines programmed to perform production-related activities autonomously in industrial settings. Gantry industrial robots are used for pick and place tasks and also used for welding and other tasks in various industries. For instance, in June 2022, according to the data published by The International Federation of Robotics, a Germany-based, non-profit organization to promote, strengthen and protect the robotics industry, in October 2021, the actual installation of industrial robots reached 4.35 million units with a 13% growth in 2021 as compared 2020. It is expected to reach 5.18 million units in 2024. Therefore, increasing demand for industrial robots will propel the gantry industrial robots market.
Market Trends –
An increase in automation is driving the gantry industrial robots market. Automation is increasingly used as an efficient technique to reduce process duplication and increase process efficiency. The gantry robots automate various functions such as pick and place, welding, machine handling, assembly, and packaging. For instance, according to a survey conducted in 2022 by McKinsey & Company, a management consulting firm, the proportion of businesses with fully automated at least one function has increased from 29% in 2018 to 31% in 2020. Further, 66% of the business leaders were testing solutions to automate at least one business process, up from 57% two years prior. Therefore, an increase in automation is propelling the gantry robots market.
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
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Regional Insights –
Asia-Pacific was the largest region in the gantry industrial robots market share in 2023. The regions covered in the gantry industrial robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the gantry industrial robots market report are Liebherr-International AG, ABB Ltd., Kuka AG, FANUC Corporation, Parker Hannifin Corporation, Sage Automation Inc., Yamaha Motor Co. Ltd., Güdel Group AG, DENSO Corporation, Yaskawa Electric Corporation, Bahr Modultechnik GmbH, Shibaura Machine Co. Ltd., OMRON Corporation, Nordson Corporation, Toshiba Machine Co. Ltd., Robert Bosch GmbH, Macron Dynamics Inc., Intelligent Actuator Inc., Cimcorp Oyj, Güdel AG, Mitsubishi Electric Corporation, Ston Robot Changzhou Co. Ltd., ALIO Industries Inc., Adept Technology Inc., Aerotech Inc., ATI Industrial Automation Inc., Comau S.p.A., Denso Robotics Corp., Epson Taiwan Technology and Trading Ltd., Nachi-Fujikoshi Corp., Panasonic Corporation, Precise Automation Inc., Siasun Robot & Automation Co. Ltd., Staubli Robotics, Universal Robots A/S
1. Executive Summary
2. Gantry Industrial Robots Market Report Structure
3. Gantry Industrial Robots Market Trends And Strategies
4. Gantry Industrial Robots Market – Macro Economic Scenario
5. Gantry Industrial Robots Market Size And Growth
…..
27. Gantry Industrial Robots Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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