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GLOBAL ROBOTIC END-EFFECTOR MARKET FORECAST 2021-2028

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GLOBAL ROBOTIC END-EFFECTOR MARKET FORECAST 2021-2028

According to Inkwood Research, the global robotic end-effector market is projected to register a CAGR of 10.97% between 2021 and 2028, and is anticipated to generate revenue of $ 6220 million by 2028. Robotics-powered automation is rapidly being adopted by various industries for executing different processes. The processes ranging from production to logistics have witnessed an array of automation which has improved the efficiency and labor requirement. This has also enabled the freedom from dangerous, dull, and repetitive tasks, along with the elimination of errors & reduction in losses to both life and businesses.

GLOBAL ROBOTIC END-EFFECTOR MARKET FORECAST 2021-2028

Global Robotic End-effector Market by Type (Grippers, Processing Tools, Suction Cups, Custom End-effectors) Market by End-user (Automotive, Food & Beverage, E-commerce, Pharmaceutical, Other End-user Industries) and by Geography

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According to Inkwood Research, the global robotic end-effector market is projected to register a CAGR of 10.97% between 2021 and 2028, and is anticipated to generate revenue of $ 6220 million by 2028.

Robotics-powered automation is rapidly being adopted by various industries for executing different processes. The processes ranging from production to logistics have witnessed an array of automation which has improved the efficiency and labor requirement. This has also enabled the freedom from dangerous, dull, and repetitive tasks, along with the elimination of errors & reduction in losses to both life and businesses. The use of robotics is widely accepted for the advantage it provides in different aspects of the business.
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A robotic end-effector is a peripheral device attached towards the end of the robot’s wrist. This helps the robots to interact with the object on which the task needs to be performed. Grippers, Processing Tools, Suction Cups, and Custom End-Effectors, are the types of robotic end-effectors that find applications in the industry.

Key factors propelling the global robotic end-effector market growth are:

  • Industrial automation
  • Technological advancements
    • The integration of smart technology like machine learning is helping the industry to provide advanced products for robotic automation.
    • The use of 3D printing and computer aided design has supplemented the growth of automation.

Major factors restraining market growth:

  • Integration challenges
  • High initial costs
    • The adoption of new setup and technology in the current process requires additional investment for the initial stage.
    • The recruitment and training of the personnel handling the robotic automation also involve initial costs.

The report on the global robotic end-effector market includes the segmentation analysis of type and end-user. These segments are further classified to provide a detailed analysis of the studied market.

Market by End-User:

  • Automotive
    • The automotive industry is the major end-user of the robotic end-effector. It is also the early adopter of the technology.
    • Tasks such as welding, cutting, painting, etc., are executed with the assistance of a robotic end-effector.
  • Food & Beverage
  • E-Commerce
  • Pharmaceutical
  • Other End-user Industries

Geographically, the global robotic end-effector market has been segmented based on four major regions, which includes:

  • North America: The United States and Canada
  • Europe: Germany, The United Kingdom, Italy, France, Belgium, Russia, Poland, and Rest of Europe
  • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
    • The presence of the world’s largest manufacturing industries in the region has contributed to Asia-Pacific’s major share in the robotic end-effector market.
  • Rest of World: Latin America, the Middle East & Africa

The major market players in the global robotic end-effector market are:

  • ABB Ltd
  • Zimmer Group
  • Schmalz GmbH
  • Robotiq Inc
  • Weiss Robotics GmbH & CO. KG

Key strategies adopted by some of the robotic end-effector companies:

In December 2020, Piab AB introduced the piSOFTGRIP 50-2 in the family of pinch grippers. It is developed for the automation of the food/chocolate industry.

Key findings of the global robotic end-effector market:

  • E-commerce is the fastest-growing end-user in the market.
  • Suction cups are the fastest-growing type in the market.

 

Frequently Asked Questions (FAQs):

  • Which is the fastest-growing region in the global robotic end-effector market?

A: Asia-Pacific is the fastest-growing region in the global robotic end-effector market.

  • Which is the major type in the global robotic end-effector market?

A: Grippers are the major type in the global robotic end-effector market.

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET SCOPE
    •    KEY DRIVERS
      • INDUSTRIAL AUTOMATION
      • TECHNOLOGICAL ADVANCEMENTS
    •    KEY RESTRAINTS
      • INTEGRATION CHALLENGES
      • HIGH INITIAL COSTS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON ROBOTIC END-EFFECTOR MARKET
    • KEY MARKET TRENDS
    •    PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY TYPE
    • GRIPPERS
    • PROCESSING TOOLS
    • SUCTION CUPS
    • CUSTOM END-EFFECTORS
  3. MARKET BY END-USER
    • AUTOMOTIVE
    • FOOD & BEVERAGE
    • E-COMMERCE
    • PHARMACEUTICAL
    • OTHER END-USER INDUSTRIES
  4. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    •     EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    •     ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    •     REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    REGION ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST AND AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
      • BUSINESS EXPANSIONS
    • COMPANY PROFILES
      • ABB LTD
      • BASTIAN SOLUTIONS INC
      • DESTACO
      • SCHMALZ GMBH
      • KUKA ROBOTICS CORPORATION
      • PIAB AB
      • ROBOTIQ INC
      • SCHUNK GMBH
      • WEISS ROBOTICS GMBH & CO. KG
      • ZIMMER GROUP

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ROBOTIC END-EFFECTOR

TABLE 2: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: GLOBAL GRIPPERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: GLOBAL GRIPPERS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: GLOBAL PROCESSING TOOLS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: GLOBAL PROCESSING TOOLS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: GLOBAL SUCTION CUPS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: GLOBAL SUCTION CUPS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: GLOBAL CUSTOM END-EFFECTORS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11 GLOBAL CUSTOM END-EFFECTORS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: GLOBAL AUTOMOTIVE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: GLOBAL AUTOMOTIVE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: GLOBAL FOOD & BEVERAGE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 17: GLOBAL FOOD & BEVERAGE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 18: GLOBAL E-COMMERCE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 19: GLOBAL E-COMMERCE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 20: GLOBAL PHARMACEUTICAL MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 21: GLOBAL PHARMACEUTICAL MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 22: GLOBAL OTHER END-USER INDUSTRIES MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 23: GLOBAL OTHER END-USER INDUSTRIES MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 24: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 25: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY GEOGRAPHY, FORECAST YEARS, 2021-2028 (IN MILLION)

TABLE 26: NORTH AMERICA ROBOTIC END-EFFECTOR MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 27: NORTH AMERICA ROBOTIC END-EFFECTOR MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 28: KEY PLAYERS OPERATING IN NORTH AMERICA ROBOTIC END-EFFECTOR MARKET

TABLE 29: EUROPE ROBOTIC END-EFFECTOR MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 30: EUROPE ROBOTIC END-EFFECTOR MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 31: KEY PLAYERS OPERATING IN EUROPE ROBOTIC END-EFFECTOR MARKET

TABLE 32: ASIA-PACIFIC ROBOTIC END-EFFECTOR MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 33: ASIA-PACIFIC ROBOTIC END-EFFECTOR MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 34: KEY PLAYERS OPERATING IN THE ASIA-PACIFIC ROBOTIC END-EFFECTOR MARKET

TABLE 35: REST OF WORLD ROBOTIC END-EFFECTOR MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 36: REST OF WORLD ROBOTIC END-EFFECTOR MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 37: KEY PLAYERS OPERATING IN THE REST OF WORLD ROBOTIC END-EFFECTOR MARKET
TABLE 38: LIST OF MERGERS & ACQUISITIONS

TABLE 39: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 40: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS

TABLE 41: LIST OF BUSINESS EXPANSIONS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: GLOBAL ROBOTIC END-EFFECTOR MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 6: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY GRIPPERS, 2021-2028 (IN $ MILLION)

FIGURE 7: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY PROCESSING TOOLS, 2021-2028 (IN $ MILLION)

FIGURE 8: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY SUCTION CUPS, 2021-2028 (IN $ MILLION)

FIGURE 9: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY CUSTOM END-EFFECTORS, 2021-2028 (IN $ MILLION)

FIGURE 10: GLOBAL ROBOTIC END-EFFECTOR MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 11: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

FIGURE 12: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY FOOD & BEVERAGE, 2021-2028 (IN $ MILLION)

FIGURE 13: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY E-COMMERCE, 2021-2028 (IN $ MILLION)

FIGURE 14: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY PHARMACEUTICAL, 2021-2028 (IN $ MILLION)

FIGURE 15: GLOBAL ROBOTIC END-EFFECTOR MARKET, BY OTHER END-USER INDUSTRIES, 2021-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA ROBOTIC END-EFFECTOR MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 17: UNITED STATES ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 18: CANADA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 19: EUROPE ROBOTIC END-EFFECTOR MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 20: UNITED KINGDOM ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: GERMANY ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 22: FRANCE ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 23: ITALY ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: RUSSIA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: BELGIUM ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: POLAND ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 27: REST OF EUROPE ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 28: ASIA-PACIFIC ROBOTIC END-EFFECTOR MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 29: CHINA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: JAPAN ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 31: INDIA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 32: SOUTH KOREA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: INDONESIA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 34: THAILAND ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 35: VIETNAM ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 36: AUSTRALIA & NEW ZEALAND ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 37: REST OF ASIA-PACIFIC ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 38: REST OF WORLD ROBOTIC END-EFFECTOR MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 39: LATIN AMERICA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 40: MIDDLE EAST AND AFRICA ROBOTIC END-EFFECTOR MARKET, 2021-2028 (IN $ MILLION)

  1. MARKET BY TYPE
    • GRIPPERS
    • PROCESSING TOOLS
    • SUCTION CUPS
    • CUSTOM END-EFFECTORS
  2. MARKET BY END-USER
    • AUTOMOTIVE
    • FOOD & BEVERAGE
    • E-COMMERCE
    • PHARMACEUTICAL
    • OTHER END-USER INDUSTRIES
  3. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    •     EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    •     ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    •     REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    REGION ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST AND AFRICA

 

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