Press release
Robot End-Effector Market: Unveiling Growth Trends and Key Insights
Robot End-Effector Market was valued at US$ 2.71 Bn in 2022 and is expected to reach US$ 8.53 Bn by 2029, at a CAGR of 17.79% during a forecast period.Robot End-Effector Market Overview:
This report meticulously covers the analysis of the impact of COVID-19 lockdown measures on market leaders, followers, and disruptors. Due to varying lockdown measures across regions and countries, the report explores how these measures have affected different market segments. It provides insights into both short-term and long-term impacts, empowering decision-makers to strategize effectively for their companies within specific regions.
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What are Robot End-Effector Market Dynamics ?
Key Drivers:
Growing Demand for Modular End-Effectors: The rising demand for modular end-effectors is a primary driver of global robot end-effector market growth.
Implementation of Collaborative Robots (Cobots): The adoption of collaborative robots, or cobots, due to their numerous benefits and features, is propelling market growth.
Robot End-Effector Market Regional Insights:
The electrical and electronics industry in the Asia-Pacific region is a significant driver for robot end-effectors, driven by the global demand for electronic products. The food and packaging industry in growing APAC countries presents an opportunity for market expansion. Furthermore, large e-retailers are expected to scale up their use of end-effectors for warehousing operations in the near future, solidifying APAC's position as a high-growth market.
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What is Robot End-Effector Market Segmentation ?
The welding gun, often known as the welding torch, is the most commonly used robot end-effector in the world according to the type segment. Welding guns continue to be the most widely used type of welding equipment worldwide, mostly because to their widespread application in the automotive and electrical and electronics industries. Welding guns are going to be used extensively as long as the automotive industry is booming. Therefore, the primary driver of the expansion of the worldwide robot end-effector market for welding guns is the rising rate of application of welding guns in the automotive sector.
Depending on the application area, lifting large things, carrying out dangerous and redundant manufacturing floor duties, and enhancing dexterity and accuracy when using different tools or objects. The primary driver of the expansion of the worldwide robot end-effector market for handling application is the growing use of these end-effectors in the electrical and electronics sector for handling operations including pelletizing, packaging, picking, and unloading.
Who are Robot End-Effector Market Key Players ?
1. ABB 2. Schunk 3. Festo 4. ATI Industrial Automation 5. Piab AB 6. KUKA 7. Robotiq 8. Tünkers 9. Zimmer Group 10.Schmalz 11.Destaco 12.Applied Robotics 13.JH Robotics Inc 14.EMI Corp. 15.Soft Robotics, Inc. 16.Weiss Robotics 17.IAI 18.Bastian Solutions, Inc. 19.Fipa 20.IPR 21.SMC 22.RAD
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Table of Content: Robot End-Effector Market Market
Part 01: Executive Summary
Part 02: Scope of the Robot End-Effector Market Market Report
Part 03: Global Robot End-Effector Market Market Landscape
Part 04: Global Robot End-Effector Market Market Sizing
Part 05: Global Robot End-Effector Market Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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