Electric Grippers Market Research Report 2023 - Valuates Reports

The global Electric Grippers market was valued at US$ 277.3 million in 2022 and is anticipated to reach US$ 2324.2 million by 2029, witnessing a CAGR of 35.7% during the forecast period 2023-2029.

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Electric Grippers Market
An electric gripper is a tool mounted on the equipment to grip work pieces. By opening and closing the fingers powered by electric motor rather than pneumatic power, the electric gripper grips and releases work pieces. Electric gripper and pneumatic gripper are two different types of gripper both widely used in various automation applications. Compared with pneumatic gripper, electric gripper are more cleaner grippers, need no air lines and save on power and maintenance, and electric gripper is more suitable to be used for detect grip.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of electric grippers include SCHUNK, SMC, Destaco, Festo, IAI and others. The top three producers together account for about 40% of the market share, with the largest producer being SCHUNK, accounting for 15%. The global origins are mainly distributed in North America, Europe, China, Japan, and Taiwan (China). In terms of their product categories, 2 jaws hold the largest market share, accounting for about 80%, followed by 3 jaws.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Grippers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Grippers.
The Electric Grippers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Electric Grippers market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Grippers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
-2 Jaws
-3 Jaws
-Others

Segment by Application
-500g or less
-500 to 1000g
-1000 to 1500g
-1500g or more

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This release was published on openPR.