Press release
Global Robot End-Effector Market Report 2025: Surging at a 17.3% CAGR, Projected Revenue of $5.95 Billion in 2025
Robot End-Effector Global Market
What Is The Projected Market Size Of The Global Robot End-Effector Global Market Report 2025 And Its Growth Rate?
The robot end-effector market has seen remarkable progress recently and this growth is set to continue:
•In 2024, the market was valued at $5.07 billion
•The market is projected to touch $5.95 billion in 2025, growing at a CAGR of 17.3%
•By 2029, the market size is forecasted to be $11.87 billion, rising at a CAGR of 18.9%
Growth factors include a thriving manufacturing environment, a focus on precision, demands of the automotive sector, rising labour costs, as well as emphasis on lightweight and compact designs, and safety.
What Is Driving The Growth In The Robot End-Effector Global Market Report 2025?
The surge in demand for collaborative robots is fueling the growth of the robot end-effector market. Collaborative robots are a form of automation designed to enable safe cooperation between robots and humans in a shared workspace. The need for robots, particularly collaborative ones, is escalating due to high demand in the consumer industry. For example, Enterprise Engineering Solutions, a US-based technical service company, reported in April 2022 that collaborative robots are predicted to constitute 34% of total robot sales by 2025. Another report from Construction Week, India's largest construction and contracting portal, mentioned in August 2022 that the overall cobot sales reached a record high in 2021 with 31,325 units and the cobot market is likely to surpass $2 billion by 2026. As such, the expanding demand for collaborative robots is catalyzing the growth of the robot end-effector sector.
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Who Are the Key Players Driving Robot End-Effector Global Market Report 2025 Growth?
Notable companies operating in the robot end-effector market include:
•ABB Ltd
•DESTACO a Dover Company
•KUKA Aktiengesellschaft
•Piab AB
•Robotiq Inc.
•Zimmer Group Holding GmbH
•SCHUNK GmbH & Co. KG
•Schmalz GmbH
•Millibar Inc.
•Festo AG & Co. KG and others.
What Are The Key Trends In The Robot End-Effector Global Market Report 2025?
Key emerging trends in this market include:
•Integration of sensing and vision systems
•Customization in manufacturing
•Rise of AI and machine learning
•Advances in soft robotics
•Integration of magnetic and adhesive technologies
What Are The Segments Of The Global Robot End-Effector Global Market Report 2025?
The robot end-effector market can be categorized according to:
•Type: Grippers, Welding Guns, Clamps, Suction Cups, Tool Changers, Other Types
•Robot Type: Traditional Industrial Robots, Collaborative Robots
•Application: Handling, Welding, Assembly, Processing, Dispensing, Other Applications
•Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Other Industries
Which Region Leads The Robot End-Effector Global Market Report 2025?
The Asia-Pacific region held the largest share in the robot end-effector market in 2024 and is also the region expected to demonstrate the quickest growth during the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Robot End-Effector Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Robot End-Effector Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Robot End-Effector Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Robot End-Effector Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Robot End-Effector Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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