Robot End Effector Market, By Type (Electric Grippers, Vacuum Cups, Tool Changers), Robot Type, Application (Handling, Assembly, Processing), Industry (Food & Beverage, E-Commerce) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Robot End Effector Market Overview
Global Robot End Effector market is anticipated to reach USD 1.9 billion in 2021 growing at a CAGR of 18.8% during the forecasting period, 2021-2028.
End effector in robots is the device at the end of the robot and is responsible for interaction with the environment. The nature and type of end effector depends on the use of the robot. End effector can be a gripper, force-torque sensor, material remover tool, welding torch, tool changer etc. There are 6 major application of end effector like machine tending, pick and place, packaging and palletizing, Assembly, Surface finishing, Quality testing and inspection.
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With an increased trend of Cobots or collaborative robots and the modular end effector are some of the factors that have supported long-term expansion for Robot End Effector industry.
Key Findings
Global Robot End Effector market is segmented into Type, Robot Type, Application, Industry and geography.
Type segment is segmented into Electric Grippers, Vacuum Cups, and Tool Changers
Application segment is segmented into Handling, Assembly, and Processing
Industry segment is segmented into Food & Beverage, E-Commerce
Geographically, the global Robot End Effector market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Robot End Effector Market Competitive Landscape
Key players
· Zimmer Group (Germany)
· Schunk (Germany)
· Schmalz (Germany)
· Destaco (US)
· Festo (Germany)
· Piab AB (Sweden)
· Tünkers (Germany)
· Robotiq (Canada)
· FIPA (Germany)
· Wiess Robotics (Germany)
· ATI (US)
· Bastian Solutions (US)
· IPR (Germany)
· ABB (Switzerland)
· KUKA (Germany)
· SMC (Japan)
· Applied Robotics (Denmark)
· IAI (Japan)
· JH Robotics (US)
· EMI (US)
· Millibar Robotics (US)
· RAD (US)
· Soft Robotics (US)
· OnRobot (Denmark)
· Wyzo (Switzerland
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- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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The modularity ensures that the grippers do not have to be changed from time to time, thereby reducing the cost of redesigning and downtime associated with its change and replacement; hence, the growing demand for modular end-effectors is the key factor driving the growth of the market.
The new intelligent gripper enables flexible handling, identification, and inspection of Li-ion cells, in a single compact module.In January 2019, Festo launched adaptive shape gripper, DHEF.
This unique and innovative product is expected to help the company to differentiate itself from the other players in the market.In January 2019, Robotiq announced the opening of its first European office in Lyon, France to better coordinate with its European distributors and partners.
Key Market PlayersMajor companies in the robot end-effector market are Zimmer Group (Germany), Schunk (Germany), Schmalz (US), Destaco (US), Robotiq (Canada), Applied Robotics (US), EMI Corp. (US), Festo (Germany), KUKA (Germany), Soft Robotics (US), Tünkers (Germany), ATI Industrial Automation (US), ABB (Switzerland), Weiss Robotics (Germany), Piab AB (Sweden), KUKA (Germany), FIPA (Germany), SMC (Japan), IPR (Germany), IAI (Japan), JH Robotics (US), Bastian Solutions (US), and RAD (US).
Robot end-effector market for handling application to grow at the highest CAGR during the forecast periodMaterial handling is mainly used for pelletizing, packing, picking, and unloading.
Food grade stainless steel and plastics must be used to avoid any contamination due to microbiological traps or water stagnation.
Market Research Future, in its latest study, reveals that the global robotic end-effector market 2020 is showing an optimistic sign to take a considerable jump relatively at 16.10% CAGR to hit their net worth amid COVID 19 pandemic with USD 4,827.54 Million by 2025.
The growth of the market would expect to continue in the years (2016-2025), which is stated to be the forecast period.
Top Grossing Drivers The emerging market of robotic end-effector is currently more inclined towards automation owing to intense competition prevailing as well as the need to improve product quality along with the escalating speed of production to maintain efficiency and productiveness.
These factors are leading to robotic innovations, including end-effectors for various surfaces, as well as with various degrees of freedom to handle routine tasks.
Top Giant Players The top players profiled in the global robotic end-effector market research report are listed as SCHUNK GmbH & Co. KG (Germany), ABB (Switzerland), KUKA AG (Germany), Festo (Germany), Dover Corporation-Destaco (US), Piab AB (Sweden), Applied Robotics, Inc. (US), ATI Industrial Automation, Inc. (US), PHD Inc. (US), TÜNKERS Maschinenbau GmbH (Germany), Soft Robotics, Inc. (US), Zimmer Group (Germany), Robotic Automation Systems (US), Robotiq Inc. (US), and TSD Manufacturing Inc. (US).
Among these, the gripper segment might lead the market during the forecast period.In terms of the application segment, the market has included assembling, material handling, dispensing, welding, and others.
Industry InsightMarket Research Future, in its latest study, reveals that the global robotic end-effector market 2020 is showing an optimistic sign to take a considerable jump relatively at 16.10% CAGR to hit their net worth amid COVID 19 pandemic with USD 4,827.54 Million by 2027.
The growth of the market would expect to continue in the years (2020-2027), which is stated to be the forecast period.Top Grossing DriversThe emerging market of robotic end-effector is currently more inclined towards automation owing to intense competition prevailing as well as the need to improve product quality along with the escalating speed of production to maintain efficiency and productiveness.
These factors are leading to robotic innovations, including end-effectors for various surfaces, as well as with various degrees of freedom to handle routine tasks.The growing adoption of robots in supporting and performing several tasks, such as welding, household works, machine handling, and others, is one of the key factors motivating the growth of the robot end-effector market.
The end-effectors include all devices that are installed or connected at a robot wrist, which relate to the work components or to perform a meticulous task.
In a case of point, the welding torch is used at the end of the robot arm for welding.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8571Besides, the rising deployment of robots for pick and place operations in the logistics industry, casting, palletizing, material handling, and other applications, arc welding, the demand for end-effectors have grown significantly.
All these factors have gathered to claim the growth of the global robotic end-effector market for the forecast period.Furthermore, with the rise of the collaborative robot market, the market robotic end-effector is projected to observe further higher demands as these robots require more sensors integrated on them to work efficiently in ensuring the safety and security of humans and human-robot work environment.
