Rising automation in the world is expected to fuel robot end-effector market size in the coming years. The increasing adoption of robots and advanced robotic technologies in various sectors has positively influenced the growth graph of the industrial robotics segment.
For instance, U.S.-based company Piab launched piSOFTGRIP - a vacuum-driven soft gripper in the year 2019 to be used in the food industry. This silicone gripper permits automated food handling solutions to include a wide range of items. Unpacked, delicate, and fresh food products can be handled without the risk of contamination.
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Proliferating presence of industry 4.0. has offered significant growth opportunities for various manufacturers in the robot end-effector market. For example, Comau and other organizations have implemented industry 4.0. technologies in the creation of Advanced Use Robotic Arm (AURA), collaborative robots. AURA consists of a sensor layer that is used for the detection of human movement.
Furthermore, considerable investments made by several companies in the research & development of these technologies to ensure a smart and efficient alignment with the consumers’ demands may boost the robot end-effector market share over the forecast spell.
The automotive sector holds around 35% of the overall robot end-effector market share. Deployment of robots has led to an increased output compared to the manual labor.
Additionally, consumers are increasingly replacing the existing vehicles with the modernized vehicles due to the development of EVs (electric vehicles) and energy-efficient drive systems, thereby expediting the global market trends. Rising needs for automation in manufacturing and industrial practices can be attributed to a surging rate of competition and consumer demand.
Demand for robotic systems across the food & beverages and pharmaceutical industries is on the rise, as a result of high emphasis on precision and quality.
For instance, a comprehensive range of palletizing robots offered by KUKA AG is deployed for stacking crates of Corona Beer.
The usage of robots in the pharmaceutical industry also has several advantages when it comes to speed, enabling them to work in sterile environments without contamination during the component transfer.
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On the regional front, the U.S. is witnessing a robust demand for smart automation. This rising demand, along with rapid delivery of cost-effective automated solutions, is projected to bolster the market growth over the estimated timeframe. In order to efficiently reduce costs and increase profit margins, the manufacturing sector has been proficiently ramping up in the EU and the U.S. by automating the facilities, which in turn, will fuel overall industry outlook in the coming years.
Robot end-effector market participants include Schunk, SMC Corporation of America, Staubli International AG, OnRobot A/S, and FIPA, among various others.
Major Key Points from Table of Content:
Chapter 5. Robot End-Effector Market, By Application (Revenue, Shipment)
5.1. Key trends by application
5.2.1. Market estimates and forecast, 2015 - 2025
5.3. Material Handling
5.3.1. Market estimates and forecast, 2015 - 2025
5.4.1. Market estimates and forecast, 2015 - 2025
5.5.1. Market estimates and forecast, 2015 - 2025
5.6.1. Market estimates and forecast, 2015 - 2025
Chapter 6. Robot End-effector Market, By End -use (Revenue, Shipment)
6.1. Key trends by end-use
6.2.1. Market estimates and forecast, 2015 - 2025
6.3. Metals & machinery
6.3.1. Market estimates and forecast, 2015 - 2025
6.4.1. Market estimates and forecast, 2015 - 2025
6.5. Food & beverage
6.5.1. Market estimates and forecast, 2015 - 2025
6.6. Electrical & electronics
6.6.1. Market estimates and forecast, 2015 - 2025
6.7.1. Market estimates and forecast, 2015 - 2025
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