The Business Research Company’s report on the Robot End-Effector Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the robot end-effector market in recent years?
The rising demand for collaborative robots is expected to propel the growth of the robotics end-effector market going forward. Collaborative robots refer to a form of robotic automation built to work safely alongside human workers in a shared, collaborative workspace. The demand for collaborative robots is growing because the consumer industry has a high need for robots. For instance, in April 2022, according to Enterprise Engineering Solutions, a US-based technical service company, Collaborative robots, is expected to constitute a total of 34% of overall robot sales by the end of 2025. Further, in August 2022, according to Construction Week, an India-based largest construction and contracting portal regarding news on construction, overall cobot sales hit a record high in 2021 at 31,325 units. The cobot market is to exceed $2 billion by 2026. Therefore, the rising demand for collaborative robots is driving the growth of the robotics end-effector market.
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What is the projected market size of the robot end-effector industry, and how is it expected to grow?
The robot end-effector market size has grown rapidly in recent years. It will grow from $5.07 billion in 2024 to $5.95 billion in 2025 at a compound annual growth rate (CAGR) of 17.3%. The growth in the historic period can be attributed to global manufacturing growth, focus on precision and accuracy, automotive industry demands, increased labor costs, focus on lightweight and compact designs, focus on safety.
The robot end-effector market size is expected to see rapid growth in the next few years. It will grow to $11.87 billion in 2029 at a compound annual growth rate (CAGR) of 18.9%. The growth in the forecast period can be attributed to e-commerce and logistics growth, advances in material handling, rise of industry 4.0, increasing use of robotics in healthcare, increased focus on sustainability. Major trends in the forecast period include integration of sensing and vision systems, customization in manufacturing, rise of ai and machine learning, advancements in soft robotics, integration of magnetic and adhesive technologies.
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Who are the key players driving competition in the robot end-effector market?
Major companies operating in the robot end-effector market are 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, Weiss Robotics GmbH & Co. KG, TÜNKERS Maschinenbau GmbH, Soft Robotics Inc., JH Robotics Inc., TSD Manufacturing Inc., Bastian Solutions Inc., ATI Industrial Automation, Applied Robotics Inc., EMI Corp., FIPA GmbH, Grabit Inc., Intelligente Peripherien für Roboter GmbH, Mecademic Inc., Motion Controls Robotics Inc., New Scale Robotics Inc., OnRobot A/S, PHD Inc., Robot System Products AB, Robot Tooling & Automation Australia Pty Ltd, Robotunits GmbH
What key trends are expected to drive the ring main unit market during the forecast period?
Major companies operating in the robotics end-effector market are focused on developing next-generation robotic end-effectors that utilize active compliant technology to enhance precision, adaptability, and safety in various industrial applications, allowing robots to adjust their grip and movement in response to changing environments or delicate objects. Active compliant technology refers to a robotic system’s capability to dynamically adjust its force and motion in response to external stimuli or environmental changes. For instance, in November 2022, FerRobotics GmbH, an Austria-based company, launched AOK 501 Orbital Sander and AAK 501 Angular Grinder, the next generation of robotic end-effectors designed for grinding, sanding, and polishing applications. Both end-effectors utilize Active Compliant Technology, which allows for sensitive contact force control. This ensures that the tools apply the exact pressure needed for optimal results, minimizing the risk of damage to surfaces while maximizing quality.
Which key geographies are driving the growth of the robot end-effector market?
Asia-Pacific was the largest region in the robotics end-effector market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot end-effector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the robot end-effector market?
The robot end-effector market covered in this report is segmented –
1) By Type: Grippers, Welding Guns, Clamps, Suction Cups, Tool Changers, Other Types
2) By Robot Type: Traditional Industrial Robots, Collaborative Robots
3) By Application: Handling, Welding, Assembly, Processing, Dispensing, Other Applications
4) By Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Other Industries
Subsegments:
1) By Grippers: Mechanical Grippers, Soft Grippers, Magnetic Grippers
2) By Welding Guns: MIG Welding Guns, TIG Welding Guns, Laser Welding Guns
3) By Clamps: Pneumatic Clamps, Hydraulic Clamps
4) By Suction Cups: Vacuum Cups, Bellows Cups
5) By Tool Changers: Automatic Tool Changers, Manual Tool Changers
6) By Other Types: Cutting Tools, Painting Guns, Assembly Tools
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How is the robot end-effector market defined?
A robot end-effector is a device attached to a robot’s wrist that allows the robot to engage with its task. The end effector is the component of the robot that interacts with its surroundings. These tools are essential in various industries for tasks like gripping, welding, cutting, painting, and assembling.
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