The global robotic end-effector market is garnering substantial traction. The market growth attributes to the increasing automation across manufacturing industries worldwide. Besides, the rising pressure for resources and energy optimization drives the market. Constant innovation in technology, upgrades in manufacturing plants, and the expansion of manufacturing sectors across the globe escalate the market's growth.
According
to Market Research Future (MRFR), the global Robotic End-Effector Market will
exhibit a CAGR of 15.20% in the forecast period of 2022-2030 and is expected to
reach 26,789 Million by 2030
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Emerging Flexible Robotic End
Effector Technology to Find Wide Applications
Mechanical
or robotic picking could help to alleviate the associated labor shortage issues
and costs. Intuitive and user-friendly designs make robotic end-effector easy
to integrate into automated procedures, helping to secure the product quality
and increase overall productivity.
Resultantly,
robotic end-effectors find extensive applications across the rapidly growing
end-use industries, including e-commerce, automotive, food & beverages, and
metal & heavy machinery. Robotic End Effectors may soon help construction
companies finish building projects in less time at higher quality and lower
costs. Augmented uptake and demand worldwide encourage manufacturers to bring
more novelties in these end-effectors.
High Capital Investment
Requirements Impede Adoption
High
capital investment is a major factor projected to hamper market growth.
Nevertheless, the burgeoning eCommerce industry and rising numbers of shipment
companies would support the market growth throughout the assessment
period.
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Global
Robotic End-Effector Market - Segments
The
report is segmented into types, applications, industries, and regions. The type
segment is sub-segmented into grippers, tool changers, clamps, welding guns,
suction cups, and others. The application segment is sub-segmented into
material handling, assembling, welding, dispensing, cutting & soldering,
and others. The industry segment is sub-segmented into electrical &
electronics, machinery, automotive, food & beverages, e-commerce, precision
engineering & optics, and others.
Global
Robotic End-Effector Market - Regional Analysis
North
America dominates the global robotic end-effector market. The largest market
share attributes to the high presence of market players and proficient
technical expertise. Moreover, the rapid adoption of industrial robotics and
the booming industrial sector in the region drive the market's growth. Rising safety
concerns at workplaces and industrial set-ups in the region influence the
market growth, creating the demand for efficient distribution and sorting
applications.
Robotic
End-Effector Market - Competitive Analysis
Highly
competitive, the robotic end-effector market appears fragmented due to the
presence of several well-established players. To gain a larger competitive
share, industry players incorporate strategic initiatives such as mergers &
acquisitions, collaboration, product launch, and expansion.
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Major Players:
Players
leading the robotic end-effector market include SCHUNK GmbH & Co. KG
(Germany), ABB (Switzerland), Festo (Germany), Piab AB (Sweden), KUKA AG
(Germany), Dover Corporation-Destaco (US), Applied Robotics, Inc. (US), ATI
Industrial Automation, Inc. (US), TÜNKERS Maschinenbau GmbH(Germany), Zimmer
Group (Germany), PHD Inc. (US), Soft Robotics, Inc. (US), Robotic Automation
Systems (US), Robotiq Inc. (US), and TSD Manufacturing Inc. (US), among others.
Industry/ Innovation/ Related
News:
April 12, 2021 --- MHS Robotics, a leading
provider of cutting-edge robotics for material handling processes and
assemblies, announced that its multi-pick robotic end-effector solution is
nominated for an Innovation Award at ProMatDX. The multi-pick robotic
end-effector offers significant productivity advantages for businesses with
large amounts of multi-item orders to fulfill.
1. EXECUTIVE SUMMARY
1.1. Market
Attractiveness Analysis
1.1.1. Global Robot
End-Effector Market, By Type
1.1.2. Global Robot
End-Effector Market, By Application
1.1.3. Global Robot
End-Effector Market, By Industry
1.1.4. Global Robot
End-Effector Market, By Region
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The
Study
2.3. Market Structure
2.4. Key Buying
Criteria
2.5. Macro Factor
Indicator Analysis
3. RESEARCH METHODOLOGY
3.1. Research Process
3.2. Primary Research
3.3. Secondary
Research
3.4. Market Size
Estimation
3.5. Forecast Model
3.6. List Of
Assumptions
4. MARKET DYNAMICS
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
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