MarketersMEDIA / Newsroom / Global Cartesian Robots is expected to reach $2,1249.29 million by 2026 growing at a CAGR of 12.2% during 2017 to 2026.

Global Cartesian Robots is expected to reach $2,1249.29 million by 2026 growing at a CAGR of 12.2% during 2017 to 2026.

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Some of the key players profiled in the Cartesian Robots market include Star Seiki, Seiko Epson, Toshiba Machine, Gudel AG, IAI Corporation, Yamaha Motor, ABB, Parker, Midea Group (KUKA), Robostar and BOSCH Rexroth.

— Rise in demand for automobiles, growing preference form the automotive sector and increasing focus towards the adoption of collaborative robots are the key driving factors for the market growth. However, high cost associated with gantry/cartesian robots is the factor hindering the market growth.

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A cartesian coordinate robot (also called linear robot) is an industrial robot whose three principal axes of control are linear (i.e. they move in a straight line rather than rotate) and are at right angles to each other. The three sliding joints correspond to moving the wrist up-down,in-out, back-forth.

Based on End User, Automotive segment is expected to have a considerable demand during the forecast period. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations.

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By Geography, Asia Pacific is estimated to have a lucrative growth during the forecast period as it is attracted by this expanding market and underlying latent demand, several players are expanding their business through new product development.

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Types Covered:
• 2X-2Y-Z Series
• 2X-Y-Z Series
• XY-X Series

End Users Covered:
• Automotive
• Chemical and petrochemical
• Electrical and electronics
• Food and beverage
• Healthcare
• Metals
• Rubber & Plastic industry
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/global-cartesian-robots-is-expected-to-reach-2124929-million-by-2026-growing-at-a-cagr-of-122-during-2017-to-2026/88916670

Source: MarketersMedia

Release ID: 88916670

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