Press release
Gantry Robot Market: Robust Growth, Rising Trends, and Key Insights for 2024-2029
Leaping from $3.9 billion in 2024 to a projected $6.13 billion in 2029, the global Gantry Robot Market is expected to flourish with a robust CAGR of 9.9%.What Is The Projected Market Size Of The Global Gantry Robot Market And Its Growth Rate?
The global Gantry Robot Market has seen strong growth recently and is forecasted to continue this trend:
- The market size was $3.9 billion in 2024 and is expected to grow to $4.2 billion in 2025, marking a compound annual growth rate (CAGR) of 7.8%. This can be attributed to growth in e-commerce and warehousing, adoption in the automotive industry, precision and efficiency in manufacturing, safety and ergonomics considerations, and increased use in the aerospace sector.
- The market is predicted to surge to $6.13 billion in 2029, with a CAGR of 9.9%. This growth can be tied to a rise in customization and small-batch production, expansion of logistics and distribution centers, application in medical device manufacturing, focus on energy efficiency, and global expansion of electronics manufacturing.
What Is Driving The Growth In The Gantry Robot Market?
Automation adoption is a major driver for growth in the Gantry Robot Market. Benefits such as enhanced productivity, efficient material usage, improved quality, and shortening of manufacturing lead times due to automation adoption allow for time and resource reallocation. Gantry robots are being employed in various applications like scanning, digital printing, electronics assembly, automatic optical inspection (AOI), and automation tasks. By 2023, 40% of large enterprise teams will adopt AI-augmented automation and the number of automation architects employed by businesses is expected to increase by 70% by 2025, which will further stimulate the growth of the gantry robot market.
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Who Are the Key Players Driving Gantry Robot Market Growth?
Major companies operating in the Gantry Robot Market are:
- Hanwha Group
- Toshiba Machine
- Liebherr-International Deutschland GmbH
- OMRON Corporation
- FANUC CORPORATION
- Bosch Rexroth
- IAI America Inc.
- Hirata Co. Ltd.
- Keller und Knappich Augsburg
- Nordson Corporation
- KHS GmbH
- ABB India Ltd.
- YAMAHA Robotics
- Shibaura Machine CO. LTD.
- Aerotech Inc.
- Güdel Group AG
- Cimcorp Industrial Automation India Private Limited
- Shin-Heung Machine
- Parker Hannifin India Private Limited
- Fisnar Dispensing Equipment Solutions
- Sage Automation Inc.
- Macron Dynamics Inc.
- ALIO Industries LLC
- PROMOT Automation GmbH
- Yaskawa India Private Limited
- DENSO Kirloskar Industries Pvt. Ltd.
- Kondo Seisakusho Co. Ltd.
- Harry Major Machine
- Comau S.p.A.
- Epson Robots
- Kawasaki Heavy Industries Ltd.
What Are The Key Trends In The Gantry Robot Market?
Key trends in the Gantry Robot Market include:
- Integration of vision systems and sensing technologies
- Adopting Industry 4.0 and smart manufacturing techniques
- Advancements in robotics technology and the integration of collaborative robotics
- Advancements in vision systems and sensing technologies
What Are The Segments Of The Global Gantry Robot Market?
The global Gantry Robot Market is divided into the following segments:
1) By Type: Open Gantry Robot, Closed Gantry Robot
2) By Payload: Less Than 50 Kg, 51-350 Kg, More Than 350 Kg
3) By Application: Factory Automation, Miscellaneous Manufacturing, Packaging Machinery, Other Applications
4) 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
Which Region Leads The Gantry Robot Market?
Asia-Pacific was the largest region in the Gantry Robot Market in 2024. The areas analyzed in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Gantry Robot Market Global Market Report?
- Market Size Analysis: Analyze the Gantry Robot Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Gantry Robot Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Gantry Robot Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Gantry Robot Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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