Cartesian Robots Market Growth Forecast | Right Type of Robot for the Automotive Industry | Technavio
LONDON--(BUSINESS WIRE)--Oct 4, 2018--According to market research firm Technavio, the is expected to grow at a CAGR of nearly 5% over the next few years. One of the primary reasons for this growth is the increased demand for Cartesian robots in the automotive industry as these robots are best suited for dispensing adhesives. Of all the different types of robots, SCARA robots and Cartesian robots are the most in-demand robots in the manufacturing industry.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181004005737/en/
According to market research firm Technavio, the global Cartesian robots market is expected to grow at a CAGR of nearly 5% over the next few years. (Graphic: Business Wire)
Pros and cons of Cartesian robots
Researchers at Technavio believe that by carefully assessing the advantages and disadvantages of the Cartesian robots, end-users can make the best decision when it comes to choosing the right type of robot for different applications. One of the primary advantages of Cartesians is that they are easy to program and are ideal for straight line insertions. Their payload is much higher compared to other robots such as SCARA robots and their rigidity allows precision during application. On the flipside, Cartesian robots come with disadvantages such as they require a large volume of space to operate and they cannot perform underwater. These robots also need special protection when working in a hazardous environment.
The APAC region is expected to be the largest revenue contributor to the cartesian robots market over the next few years. The presence of large manufacturing facilities in the region and the growing demand for industrial robots from countries such as China, India, Japan, South Korea, and Singapore, are the major factors fueling the market’s growth.
Leading players in the Cartesian robots marketABB Denso Wave KUKA Seiko Epson Toshiba Machine
ABB is one of the leading pioneers in the industrial robotics market, having installed more than 400,000 robots worldwide. The company provides manufacturers with a wide range of robots to choose from to improve production, product quality, and ensure the safety of the workers. The company caters to all requirements irrespective of application.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Technavio’s robotics industry covers over 200 reports including multiple segments from the industrial robotics sector. The research team monitors the industry from all aspects, from trending technologies to emerging markets, and provides insight into the present and future market scenario. Each report classifies the key drivers, latest trends, and challenges that the industry is currently experiencing. It also includes market positioning of the key players in the industrial robotics market.
Some of the top reports covered under the industrial robotics market include industrial robots in the automotive industry, industrial robotics in heavy industries, and industrial robot positioners.
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005737/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING AUTOMOTIVE MANUFACTURING
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 10/04/2018 02:47 PM/DISC: 10/04/2018 02:47 PM