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Gantry Industrial Robots Market Report 2024: Size, Share, Growth, Trends, Forecast 2033
Gantry Industrial Robots Market Report
As per the report, 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 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%.
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Surging Demand For Industrial Automation Drives Gantry Industrial Robots Market Growth
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.
Rising Tide Of Automation Gantry Industrial Robots At The Forefront Of Efficiency Revolution
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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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
Contents of the report:
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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