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Gantry Robot Market - Electrical and electronics end-use industry Booming Growth

01-04-2019 06:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
The increasing demand for industrial robots across different regions and applications is expected to lead to positive growth in this market during the forecast period. Gantry/cartesian robots are large systems designed for pick and place applications in any workplace. It contains a manipulator mounted onto an overhead system that moves across a horizontal plane.

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Gantry robots are easier to program with respect to motion, because they work with an X, Y, Z coordinate system. Another advantage is that they are less limited by floor space constraints. The Gantry/cartesian robot market is projected to expand at a CAGR of 13.4% during the forecast period and reach US$ 23,384.4 Mn by 2026.

The global gantry/cartesian robot market has been segmented based on axis type, end-use industry, and geography. In terms of axis type, the market has been divided into 1-Axis, 2-Axis, 3-Axis and 4-Axis. Based on end-use industry, the market has been classified into automotive, electrical & electronics, food & beverages, pharmaceuticals, manufacturing, and others (rubber and plastics industry). Based on geography, the market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

The 3-axis gantry/cartesian robot provides an easy to specify, cost effective X-Y-Z handling system. It helps to move almost any length, and is scalable and suitable for light to heavy / hanging loads. Hence, 3-axis is expected to contribute toward growth of the market during the forecast period.

Additionally, gantry robots offer significant advantages over articulated arm robots for high speed automation with their capability to handle large payloads and span great distances. The different axes can be upgraded or changed with relatively little reconfiguration to suit evolving product or application requirements. The 3-axis segment of the global gantry/cartesian robot market is projected to expand at a rapid CAGR of more than 13.9% from 2018 to 2026.

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