Press release
Why Robot End-Effector Market are Booming So Rapidly? Industry in-Depth Analysis with Growing Trends || ABB, Applied Robotics, ATI Industrial Automation, Bastian Solutions, DESTACO, OnRobot A/S, Piab, Robotiq
The food & beverage industry has been increasingly deploying robots, armed with the anticipation to improve food hygiene and enhance the process performance. Robots are significantly used for processes like beverage bottling, food packaging, and many other such redundant processes. The industry even uses automated Guided Vehicles (AGVs) for material shifting inside the food manufacturing units. Automation of the processes ensures product quality and freshness of the food, which may encourage many food manufactures to adopt robotic technology, thereby fostering robot end-effector market size.
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The demand of robots has been accelerating across the world consequently increasing growth of robot end-effector market with expanding sales and supply. The latest average of global robot density is around 74 robot units per 10,000 employees in the manufacturing sector. In 2017, robot sales increased by 30% to 381,335 units. Robot sales in the automotive sector increased by 22% and the automotive sector remained the major customer of industrial robots with a share of 33% of the total supply in 2017.
Over 3 million industrial robots are estimated to be in use in factories throughout the world by 2020. As industrialization across the globe expands and more robots are deployed, robot end-effector market is anticipated to reap the benefits of such transformative trends.
Europe is predicted to be one of the top regions in the robot end-effector market with the region's inclination towards automation technologies in manufacturing. The region is observing the surging use of robots in agriculture, logistics, underwater, automotive, and other applications. Its most automated country is Germany, ranking third globally with 309 units of robots.
In 2016, in Europe, out of total of robot sales, the operational stock and annual supply of industrial robots had a share of 41% and 36% respectively. Robot investments have notably increased by 19% to 7,700 units in Italy. The French robot sector was up by 16% at around 4,900 units. In Spain, sales of industrial robots further increased to a new peak of 4,200 units.
Robots and robotic techniques have been playing an essential role in making automotive plants competitive. In recent years, more than half of industrial robots purchased in North America were bought by automakers. Out of the total demand for industrial robots, around 55% was generated by the auto sector alone. One fourth units of these are installed by car manufacturers. The automotive sector can be credited for 56% of all industrial robotics orders in North America and 35 percent of all new robotic sales globally in 2016.
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The demand of robots has been accelerating across the world consequently increasing growth of robot end-effector market with expanding sales and supply. The latest average of global robot density is around 74 robot units per 10,000 employees in the manufacturing sector. In 2017, robot sales increased by 30% to 381,335 units. Robot sales in the automotive sector increased by 22% and the automotive sector remained the major customer of industrial robots with a share of 33% of the total supply in 2017.
Table of Contents (ToC) of the report:
Chapter 4. Robot End-Effector Market, By Product (Revenue, Shipment)
4.1. Key trends by product
4.2. Grippers
4.2.1. Market estimates and forecast, 2015 - 2025
4.3. Suction cups
4.3.1. Market estimates and forecast, 2015 - 2025
4.4. Tool changers
4.4.1. Market estimates and forecast, 2015 - 2025
4.5. Welding guns
4.5.1. Market estimates and forecast, 2015 - 2025
4.6. Others
4.6.1. Market estimates and forecast, 2015 - 2025
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