Gantry Robot Market 2023 - Size, Share, Revenue, Trends And Drivers For 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Gantry Robot Global Market Report 2023 identifies increasing automation adoption as the major driver for the Gantry Robot market's growth in the forecast period. The adoption of automation offers advantages such as enhanced productivity, more efficient material usage, better product quality, improved safety, shorter labor workweeks, and shorter manufacturing lead times. The adoption of automation frees up time and enables resource reallocation. Gantry robots have various applications related to scanning, digital printing, electronics assembly, AOI (Automatic Optical Inspection), and automation. Gantry robots are also used in welding, assembly, shipping, handling raw materials, and product packing.

The global gantry robot market size grew from $3.38 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The gantry robot market size is expected to grow to $4.93 billion in 2027 at a CAGR of 7.7%.

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Major competitors in the Gantry Robot market are ABB India Ltd., Cimcorp Industrial Automation India Private Limited, Fisnar Dispensing Equipment Solutions, Güdel Group AG.

A key trend in the Gantry Robot market includes adoption of the industrial internet of things (IoT). Major market players are concentrating their efforts on implementing the internet of things in various industries that aid in increased performance, greater bottom-line output for manufacturing, assembly, and packaging operations, maintenance, and automated adjustment, thus increasing manufacturing flexibility and speed. For instance, in April 2020, SoftBank Robotics Corp., a Japan-based company that develops and manufactures industrial robotics, partnered with UnaBiz, a Singapore-based internet of things (IoT) technology provider, to integrate IoT sensors with robotics to improve facility management. Building managers would be able to expedite their work processes and optimize building operations as a result of the robots' ability to transition from pre-defined routes to dynamic routing based on environment-sensing data.

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The Gantry Robot market is segmented -

• By Type: Open Gantry Robot, Closed Gantry Robot
• By Payload: Less than 50 Kg, 51-350 Kg, More than 350 Kg
• By Application: Factory Automation, Miscellaneous Manufacturing, Packaging Machinery, Other Applications
• By Industry: Automotive, Electrical And Electronics, Metals And Machinery, Plastics, Rubber, And Chemicals, Food And Beverages, Precision Engineering And Optics, Pharmaceuticals And Cosmetics, Other Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Gantry Robot market.

The Business Research Company's "Global Gantry Robot Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Gantry Robot Market Include:

1. Executive Summary
2. Gantry Robot Market Characteristics
3. Gantry Robot Market Trends And Strategies
4. Gantry Robot Market - Macro Economic Scenario
5. Gantry Robot Market Size And Growth
………………………………..
26. Africa Gantry Robot Market
27. Gantry Robot Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gantry Robot Market
29. Gantry Robot Market Future Outlook and Potential Analysis
30. Appendix

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