Market Overview:
Cartesian Robots follows three orthogonal axes which are X, Y, Z according to the Cartesian coordinates. It makes the coordinated motion through a controller and its arms has three joints, having three linear axis of freedom. The difference in Cartesian and gantry robots is that the former one uses the linear actuator on axis and the latter is constructed with two base x axis. The Cartesian robots are used in the material handling, assemble needs and packaging products. The increasing need of automation in developing economies is boosting the growth of the Cartesian robots market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ABB (Switzerland), Omron Adept Technologies, Inc. (United States), FANUC Corporation (Japan), Yaskawa Motoman Robotics (United States), KUKA Robotics (Germany), DENSO Corporation (Germany), Nachi Robotic Systems, Inc. (United States), Universal Robots (Denmark) and Mitsubishi Electric Corporation (Japan) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Cartesian Robots Market Study:
ABB (Switzerland), Omron Adept Technologies, Inc. (United States), FANUC Corporation (Japan), Yaskawa Motoman Robotics (United States), KUKA Robotics (Germany), DENSO Corporation (Germany), Nachi Robotic Systems, Inc. (United States), Universal Robots (Denmark) and Mitsubishi Electric Corporation (Japan)
Cartesian Robots Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Electrical & Electronics Industry, Automotive Industry, Metals Industry, Rubber & Plastic industry, Food & Beverage and Healthcare |
Type | 2 axis and 3 axis |
Subsystem | Hardware,Software |
End user | Loading & Unloading Work piece,Palletizing & Handling,Others |
Influencing Trend:
Growing Research and Development in Technologies and Adoption of Collaborative Robots Having Light Weight
Market Growth Drivers:
Rising Industrialisation on Developing Countries and Rising Need of Automation Owing to the Increased Production
Challenges:
High Competition Due to the Presence of Major Players and Availability of Substitute Products
Restraints:
High Costs Associated with the Cartesian Robots
Opportunities:
Increasing Per Capita Income and High Demand in Developing Economies
Some of the other players that are also part of study are Fanuc Corp. (Japan), Adept Technology Inc. (United States), Toshiba Machine (Japan), Seiko Epson (Japan), Staubli International. (Switzerland), Kawasaki Heavy Industries Ltd. (Japan) and Newmark Systems Incorporated (United States). The Global Cartesian Robots market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
The robotics and automation division of FANUC, a manufacturer of CNCs, robots, and ROBOMACHINES, has opened a new office in Aguascalientes, Mexico. The new 109,000 square foot building offers customer service, engineering, sales, demonstrations, and training.
In 2018, ABB has acquired GE industrial solutions which offers value creation and growth opportunities
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cartesian Robots market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Cartesian Robots market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.