Grippers Market to grow with a healthy growth rate of more than 3.10% by Destaco, IAI, Parker Hannifin, Festo

Grippers Market Size study, by Type (Electric Grippers, Pneumatic Grippers), by Application (Automotive Manufacturing, Electronics/Electrical, Metal Products, Others) and Regional Forecasts 2018-2025.
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Summary
Grippers Market to reach USD 1091.5 million by 2025.
Grippers Market valued approximately USD 855 million in 2017 is anticipated to grow with a healthy growth rate of more than 3.10% over the forecast period 2018-2025. Increasing demand in various end-user industries is a major factor which is driving the growth in the Global Grippers Market. However, several problems associated with the use of pneumatic grippers and lack of skilled professional restraint the market growth.
A gripper is basically a tool that is mounted on the equipment. The gripper is used to grip workpieces. The gripper holds and releases the piece by closing and opening the fingers. These fingers are powered by pneumatic or electric power. The grippers are of two types - pneumatic gripper and electric gripper. Both types of grippers are used in numerous applications. The electric grippers are cleaner grippers than pneumatic grippers, as they don’t need airlines and therefore, they save on maintenance and power. The electric grippers are considered to be more suitable for using as detect grip. The electric grippers are silent that is they don’t make noise during the operation and are environment-friendly, hence they are adopted instead of pneumatic grippers in various industries.
The regional analysis of Grippers Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Grippers Market over the forecasted period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the Grippers market. Developing countries, such as India and China, are significant players boosting the demand for the Grippers Market. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Grippers Market over the coming years. Asia Pacific region is contributing towards the growth of global Grippers Market and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
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The detailed segments and sub-segment of the market are explained below:
By Type:
§ Electric Grippers
§ Pneumatic Grippers

By Application:
§ Automotive Manufacturing
§ Electronics/Electrical
§ Metal Products
§ Food/Beverage/Personal Care
§ Rubber/Plastics
§ Others

By Regions:
• North America (US, Canada, Mexico)
• Europe (Germany, UK, Italy, France, Spain, Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific)
• South America (Argentina, Brazil, Chile, Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa)

Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

The leading Market players mainly include-
SCHUNK, SMC, Destaco, IAI, Parker Hannifin, Festo, Yamaha Motor, SMAC, Gimatic, PHD, HIWIN, Camozzi, Zimmer, Sichuan Dongju
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Target Audience of the Grippers Market in Market Study:

§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Million)
1.3.1. Grippers, by Type, 2015-2025 (USD Million)
1.3.2. Grippers, by Application, 2015-2025 (USD Million)
1.3.3. Grippers, by Region, 2015-2025 (USD Million)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Grippers Market Definition and Scope
Chapter 3. Grippers Market Dynamics
Chapter 4. Grippers Market Industry Analysis
Chapter 5. Grippers, by Type
Chapter 6. Grippers, by Application
Chapter 7. Grippers, by Regional Analysis

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