Market Insight : Robotics End-Of-Arm Tooling Market Globally Grow at a CAGR of 8.64% by Revenue During the Forecast Period 2017-2020

Albany, NY, 13th November : Recent research and the current scenario as well as future market potential of "Global Robotics End-Of-Arm Tooling Market 2016-2020" globally.

EOATs are devices through which a robot interacts with other machineries around it, grasping, handling and manipulating parts, inspecting surfaces, and working on them.

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An end-effector is an integral and important element of a robotic system. Advances in technology have enabled some robots to change end-effectors themselves to perform a different set of tasks according to the program. Robots having more than one arm can have multiple end-effectors, each suited for a specific task.

Technavios analysts forecast the global robotics end-of-arm tooling market to grow at a CAGR of 8.64% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global robotics end-of-arm tooling market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of hardware and software licenses, renewal of software licenses, upgrades of existing solutions, and maintenance and services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Robotics End-of-Arm Tooling Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Applied Robotics
SAS Automation
ATI Industrial Automation
Robotiq

Other prominent vendors
ASS End of Arm Tooling
Bastian Solutions
EMI
DESTACO
Vacucom
Robo-Tool
FIPA
Schunk
Festo
IPR Robotics
Pneubotics
Soft Robotics
Motion Control Robotics

Market driver
Growth in popularity of cobots
For a full, detailed list, view our report

Market challenge
High initial cost of robotic implementation
For a full, detailed list, view our report

Market trend
Increase of robotic implementation in e-commerce industry
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-robotics-end-of-arm-tooling-market-2016-2020-report.html

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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