Cartesian Robots Market Report 2024-2032, by Product Type, Axis Type, End User and Region [Yahoo! Finance]
Parker-Hannifin Corporation (PH)
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Source: Yahoo! Finance
User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global cartesian robots market size reached US$ 23.5 Billion in 2023 and is forecast to reach US$ 56.6 Billion by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2023-2032. The growing need for material handling in a cost-effective manner, increasing adoption in the automobile industry, and the rising utilization for sorting and labeling various products represent some of the key factors driving the market. Cartesian robots, also known as linear robots, rely on linear axes for movement. They comprise an overhead structure that controls the motion in the horizontal plane and a robotic arm that facilitates motion vertically. They have a higher payload carrying capacity and are easy to program as compared to other robots. They also offer enhanced versatility, flexibility, accuracy, high precision, and hold up against vibrations and deflection. They assist in providing high repeatabilit
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News
- Parker Increases Quarterly Cash Dividend 10% to $1.63 per Share [Yahoo! Finance]Yahoo! Finance
- Parker Increases Quarterly Cash Dividend 10% to $1.63 per ShareGlobeNewswire
- Parker-Hannifin (PH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Parker Aerospace Joins HyFIVE Consortium to Advance Aviation Liquid Hydrogen Fuel System Development [Yahoo! Finance]Yahoo! Finance
- Parker Aerospace Joins HyFIVE Consortium to Advance Aviation Liquid Hydrogen Fuel System DevelopmentBusiness Wire
PH
Earnings
- 2/1/24 - Beat
PH
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- PH's page on the SEC website