Cartesian Robot Market

Cartesian Robot Market Outlook (2023-2033)

The global Cartesian robot market is expected to reach a valuation of US$ 2.7 billion in 2023 and is expected to progress at a CAGR of 7.1% to reach US$ 5.4 billion by the end of 2033.

In 2023, the global robot market is estimated to be valued around US$ 38.6 billion. Sales of cartesian robot accounted for nearly 7.1% share of the global robot market at the end of 2022.

Report Attributes	Details
Cartesian Robot Market Size (2022A)	US$ 2,556.1 million
Estimated Market Value (2023E)	US$ 2,751.4 million
Forecasted Market Value (2033F)	US$ 5,463.2 million
Global Market Growth Rate (2023-2033)	7.1% CAGR
North America Market Share (2023)	~19.6%
North America Market Value (US$ Mn), 2023	US$ 539.3 million
Europe Market Share (%), 2023	~24.6%
Europe Market Value (US$ Mn), 2023	US$ 676.8 million
China Market Share (%), 2023	~ 26%
China Market Value (US$ Mn)	US $ 716.3 million
Market Share of Top 3 Countries	~50.6%
Key Companies Profiled	ABB Advokatfirmaet BAHR AS Aerotech Inc. Bosch Rexroth AG FUNAC Corporation Kuka AG MoTeC Pty Ltd. Parker Hannifin Corp Promot Switches Stone Technologies Limited Toshiba machine Co. Ltd. Seiko Epson Corporation

Sales Analysis of Cartesian Robot (2018-2022) Vs. Market Outlook (2023-2033)

Cartesian robots are the most scalable robot platform. Their scalability affects both potential physical size and ultimate strength. A cartesian robot can be as small as a mini 3D printer and as large as a consumer needs. There are many large cartesian robots that are around 50 meters (164 feet) or even more in length.

Several end use industries such as electronic and electrical systems, food and beverages are expected to adopt cartesian robots which will lead to demand of such kind of unique robots. Such factors will drive market growth and expand their product categories.

• Short Term (2023 Q1 to 2026): Rapid adoption of robotic technology and its extensive usage will lead to growth of the market.
• Medium Term (2026- 2029): Regions like North America and Asia Pacific are anticipated to witness comparatively high cartesian robot demand due to increasing manufacturing and production companies in the region.
• Long Term (2029- 2033): Investments in R&D sector for the advancements in robotics technology by manufacturers can get many revenue generation opportunities in the future.

From 2018 to 2022, the global market for cartesian robot registered a CAGR of 6.7%. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 7.1% CAGR between 2023 and 2033.

Market share analysis of cartesian robot based on application and region is provided in the above image. Under the application segment, handling sub-segment dominates with 32.3% market share in 2023.

What’s Driving High Demand for Cartesian Robot across Regions?

“Rising Sales of Automotive to Elevate the Cartesian Robot Market Growth”

The market for cartesian robots is driven by the rising demand for the machines from the automotive sector. The market for cartesian robots is also driven by the high degree of precision, sturdiness, and repeatability that these machines provide during the manufacturing process as an effective and affordable option to increase overall productivity.

The automotive industry is expected to develop rapidly as the shift from manual vehicles to electric vehicles increases significantly and is ought to rise rapidly in future. The cartesian robots market is being driven by the growing adoption of robots and automation by automotive companies to boost their manufacturing output in response to rising automobile sales across the globe. Thus, rising sales will contribute to the growth of the market for cartesian robots.

“Increasing Innovation and Automation to Drive the Sales of Cartesian Robot”

One of the main benefits of automating the production process is the quick production and delivery of customised components at affordable prices. Manufacturing can continue in developed economies without sacrificing cost-effectiveness due to automation.

Automation in the production process boosts precision and accuracy, which improves output consistency. These robots use fewer resources and increase overall productivity. By simplifying machine controls, intelligent systems in automation have improved manufacturing while making it more user-friendly. This element will enable localization and regionalization of the manufacturing process, enabling local markets to be served with short lead times for production and less political concern. All these factors will propel the market growth during the forecast period.

What Do Cartesian Robot Manufacturers Need to Watch Out?

High Initial Cost of Investments Can Hamper the Market Growth”

The initial investment required may be challenging for organizations with little to no relevant expertise. A sizable capital outlay is required for procurement, integration, accessories, programming and maintenance. This might prevent market growth.

Small and medium-sized businesses also struggle to invest large sums of money due to low volume manufacturing and poor return on investment. The growth of the cartesian robot market is anticipated to be constrained during the forecast period by the stringent regulations governing robot manufacturing in various nations. As a result, this might prevent the growth of the market.

Country-wise Insights

Why U.S. is Expected to Drive Cartesian Robot Demand?

The demand for specialized and compact robotic systems, which is being driven by the emergence of smart factories and industry 4.0, is expected to increase significantly in North America. The United States is expected to experience significant growth in the coming years as industrial operations are being growing at an unprecedented rate.

Additionally, as production capacity rises and the manufacturing process is accelerated. The supply of the majority of these robots, which comes from the automotive industry, is responsible for the growth. The United States value is expected to reach US$ 454.7 million in 2023.

Why Chinese Cartesian robot Market Expected to Be Highly Lucrative?

During the anticipated period, countries in the East Asia region is anticipated to overtake North America as the market leader for cartesian robots. The largest market in the world is still China. Due to the abundance of local and international robot manufacturers in the area, nations like China are likely to experience an increase in demand for these machines.

The cartesian robot companies are concentrating on meeting manufacturing targets and growing their clientele and market opportunities. As a result, it is estimated that the Chinese cartesian robot market will have a market share of 26% at global level in 2023.

Category-wise Insights

Why is 3 axis type a Popular Segment in Cartesian Robot Market?

Every industry employs these robots for a variety of purposes, from production to material handling, the linear 3 axis robots are anticipated to account for a sizeable portion of the market. These sorts of robots are expected to grow in popularity alongside 2-axis robots because they are not restricted to a single application; as a result, the cartesian robot market is anticipated to be dominated by 3 axis type robots.

This is a result of industry needs from the automotive, packaging, healthcare, aerospace, and many other sectors. This enables the businesses to boost worldwide cartesian robot market share and increase overall productivity throughout the predicted period. Due to the aforementioned facts, the cartesian robot market's 3 axis type sub-segment is anticipated to reach valuation of US$ 1.5 billion in 2023.

How Automotive Industry is Poised to Drive Cartesian Robot Market?

The benefit to the automotive sector is anticipated to increase demand for cartesian robots. Over the past decade, the passenger automotive industry has grown more complex, with a sizeable portion of manufacturing methods requiring robot assisted automation.

Similar to traditional car manufacturers, electric car and hybrid car manufacturers are observing a strong demand for a wider selection of models. During the forecast period, it is anticipated that this shift will increase demand for cartesian robots. The demand for the automotive industry would consequently rise, increasing its market value to approximately US$ 670.2 million in 2023.

Competitive Landscape

Corporation, Parker Hannifin Corp, Kuka AG, ABB, Advokatfirmaet BAHR AS, Promot Switches, MoTeC Pty Ltd., Aerotech Inc., Bosch Rexroth AG, Stone Technologies Limited, Seiko Epson Corporation

Acquisitions, collaborations, and alliances are a few examples of non-organic growth strategies that are used by many companies. Market participants have been benefited from these actions in growing their clientele and revenue.

By incorporating innovative technologies like artificial intelligence and machine learning, robot can become smarter and more effective, potentially helping to lift and move heavy payloads. Such innovative products have a great chance of succeeding in the market in the near future.

Some of the key developments are :

• In April 2021, Kuka AG unveiled the first version of iiQKA.OS, a new operating system that will make using robots much simpler. This new operating system offers a foundation for an entire ecosystem and gives users access to a wide range of equipment, programs, apps, services, and accessories that can be installed, used, and enhanced by the system with ease.

Fact.MR has provided detailed information about the price points of key manufacturers of cartesian robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Cartesian Robot Industry Research

• By Axis Type :

  • 1-Axis
  • 2-Axis
  • 3-Axis

• By Application :

  • Handling
  • Palletizing
  • Welding
  • Others

• By End Use Industry :

  • Automotive
  • Pharmaceutics
  • Food & Beverage
  • Semiconductor & Electronics
  • Aerospace & Defense
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East and Africa (MEA)