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Robot End Effector Market Analysis and Industry Forecast, 2021–2030 | By Type, Application

09-22-2021 05:09 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Robot End Effector Market

Robot End Effector Market

Robot end effector is a robotic device fixed on the end of a robotic arm, which reacts to the operating system around the robot. It is used for operations such as picking & placing objects, assembling product pieces, and stacking cartons & parcels. Robot end effectors that are fixed on robot arm and act in coordination with grippers, process tools, and sensors.

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The robot end effector market was valued at $3.3 billion in 2020, and is expected to reach $ 15.6 million by 2030, registering a CAGR of 16.9% from 2021 to 2030.

Increase in adoption of collaborative robots in the industries has significantly boosted the demand for robot end effectors. In addition, adoption of automation in manufacturing and logistic industries has helped to carry out operations at faster rate and with higher accuracy with the help of robot end effectors. Thus, all these factors collectively are anticipated to notably contribute toward the growth of the global robot end effector market during the forecast period.

Top 10 Leading Players

ABB
Destaco (Dover Corporation)
Kuka AG
Millibar, Inc.
Piab AB
Robotiq
Schmalz
Toyota Industries Corporation (Bastian Solutions, LLC)
Weiss Robotics GmbH & Co. KG
Zimmer Group

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Key Market Segments

By Type

Grippers
Process Tools
Sensors
Tool Changers

By Application

Handling
Assembling
Welding
Others

By End-User

Automotive
Electronics
Food & Beverage
Metal & Machinery
Others

By Robot Type

Traditional Industrial Robots
Collaborative Robots

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
David Correa
Portland, OR, United States
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Fax: +1(855)550-5975
help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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