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Global Cartesian Robots Market Forecast to Grow at 4.84% CAGR Over the Period 2014-2019

Reviewed

Sep 11 2015

Research and Markets has announced the addition of the "Global Cartesian Robots Market 2015-2019" report to their offering.

Companies across the heavy machinery industry are increasingly adopting cartesian robots to automate their manufacturing and assembly processes. These companies prefer end-to-end solutions over standalone ones as the former are expected to have a greater impact on overall productivity and operational efficiency. These solutions also help minimize production errors, enabling end-users to focus on their core business processes. Vendors are, therefore, providing end-to-end robotic solutions, resulting in high competition in the market.

According to the report, the market is witnessing the increasing usage of cartesian robots for cleaning and assembly applications across industries, thereby reducing human effort. Cartesian robots used for cleaning and assembly applications account for a 60-75% share across industries. The adoption of cartesian robots in cleaning and assembly application leads to a faster, error-free process, and hence increases the quality of the product. The analysts forecast the global Cartesian robots market to grow at a CAGR of 4.84% over the period 2014-2019.

Further, the report states that there are issues concerning the rising demand for articulated robots hindering this market.

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