Robot End Effector Market with COVID-19 Impact Analysis, by Type (Electric Grippers, Vacuum Cups, Tool Changers), Robot Type, Application (Handling, Assembly, Processing), Industry (Food & Beverage, E-Commerce), and Region – Global Forecast to 2026

2021-06-23
Published : Jun-2021

“The robot end effector market is projected to grow at a CAGR of 18.8% during 2021–2026”

The robot end effector market is expected to grow from USD 1.9 billion in 2021 and is projected to reach USD 4.4 billion by 2026; it is expected to grow at a CAGR of 18.8% during the forecast period. Initiatives by governments and public-private companies to mitigate COVID-19 impact, and growth in the demand of modular end effectors are expected to drive the robot end effector market and to promote new revenue opportunities for end-of-arm-tooling manufacturers. However, high cost of deployment of industrial robots for SMEs, interoperability issue and difficulty in integration of different robotic frameworks with existing facilities are few major hindrance for robot end effector market.

“Collaborative Industrial Robots to be the faster-growing segment for robot end effector market during the forecast period”

Collaborative robots have huge potential in industries as they can directly and safely interact with humans in a shared workspace with ISO/TS 15066 standard certification. These robots are witnessing widespread adoption in small and medium-sized enterprises and large-scale, traditional industries such as automotive. Collaborative robots can be programmed offline by the hand guidance function.  The ease of use and the low cost of deployment compared with traditional industrial robots attract small businesses, which manufacture in small volumes and have limited investment capital. Their flexibility to easily adapt to different tasks makes them appealing to many industries and enables a faster return on investment (ROI) opens up further opportunities for collaborative end effector market. The collaborative robots mainly adopt grippers as an end effector as they are not entitled to heavy-duty tasks, the advancement and research & developments in HRC (Human-robot collaboration) grippers is further expected to drive the market.

“Welding guns to hold the largest share of market in terms of shipment in 2021”

Welding guns segment is expected to account for the largest shipment of the robot end effector market in 2021. This is due to the high deployment of traditional industrial robots and their associated welding gun end effectors for different types of welding applications across several industries such as automotive and metals & machinery. Essentially, these welding end effectors play an important role in the automobile industry, which is now leaning toward the adoption of collaborative robots. Due to this high adoption rate across various industries, the welding guns market for collaborative industrial robots is projected to grow at a higher rate than that of traditional industrial robots during the forecast period. Welding guns are also utilized in machining individual components such as engine bearings or transmission parts which further makes metals and machinery industry a lucrative market for welding guns. Due to the high adoption rate across various industries, the market for welding guns is expected to flourish at a significant rate during the forecast period.

“Asia Pacific: The fastest-growing region in the robot end effector market”

The Asia Pacific region is estimated to dominate the robot end effector market in terms of value as well as volume and is projected to grow at the highest CAGR during the forecast period. The market growth in this region can be attributed to the improving socio-economic conditions in emerging economies such as China and India. In addition, the end effector market in APAC is expected to witness higher growth than the matured markets in Europe and North America due to low production costs, lenient emission and safety norms, and government initiatives for foreign direct investments (FDIs).

Breakdown of primaries

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the robot end effector market space. The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
  • By Designation: C-level Executives – 40%, Directors – 40%, and Others – 20%
  • By Region: North America –40%, APAC– 30%, Europe – 20%, and RoW – 10%

The report profiles key players in the robot end effector market with their respective market ranking analysis. Prominent players profiled in this report are Zimmer Group (Germany), Schunk (Germany), Schmalz (Germany), Destaco (US), Festo (Germany), Piab AB (Sweden) Tünkers (Germany), Robotiq (Canada), FIPA (Germany), Wiess Robotics (Germany), ATI (US), Bastian Solutions (US), IPR (Germany), ABB (Switzerland), KUKA (Germany), SMC (Japan), Applied Robotics (Denmark), IAI (Japan), JH Robotics (US), EMI (US), Millibar Robotics (US), RAD (US), Soft Robotics (US), OnRobot (Denmark), and Wyzo (Switzerland).

Research Coverage:

This research report categorizes the robot end effector market on the basis of type, application, by robot type, industry, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the robot end effector market and forecasts the same till 2026 (including analysis of COVID-19 impact on the market). Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the robot end effector ecosystem.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:

  • This report segments the robot end effector market comprehensively and provides the closest market size projection for all sub segments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
  • This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions.
  • The analysis of the top 25 companies, based on market share/rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.
  • Patent analysis, trade data, and technological trends that will shape the market in the coming years has also been covered in this report.
Filed in: Semiconductor & Electronics
More Reports
Title Price Buy Now

Thermoelectric Modules Market by Model (Single Stage, Multi Stage), Type (Bulk, Micro, Thin Film), Functionality (General Purpose, Deep Cooling), End-Use Application (Consumer Electronics, Automotive), Offering and Region – Global Forecast to 2027

“The thermoelectric modules market is projected to grow at a CAGR of 8.8% during 2022–2027” The thermoelectric modules market is expected to grow from USD 693 million in 2022 and is projected to reach USD 1,054 million by 2027; it is expected to grow at a CAGR of 8.8% during the forecast period. Advantages such as compact design of TEMs compared to vapor-compression cooling systems, drives the adoption of TEMs across several end-use application. Additionally, ability of TEMs to produce hot and cold water for different functions adds to its rising adoption in different applications. Furthermore, the rapidly growing market for electric and luxury vehicles is also expected to drive thermoelectric modules market. TEMs are used in electric vehicles to stabilize the temperature of a car......
 $4950

European Smart Home Market by Product (Lighting Controls, Security & Access Controls, HVAC Controls, Smart Speakers, Smart Kitchens, Home Appliances, Home Healthcare), Software & Service (Proactive, Behavioral) and Geography – Global Forecast to 2027

European smart home market dynamics The European smart home market is projected to grow from USD 26.7 billion in 2022 to USD 41.2 billion by 2027; it is expected to grow at a CAGR of 9.0% from 2022 to 2027. “Surging importance of home monitoring” Smart homes can perform intricate tasks such as automatically lighting up evacuation routes in the case of a fire alarm in addition to basic operations such as turning off lights, dimming lights, and shutting curtains. Connectivity has become a high-end novelty in a variety of household equipment, including security cameras and utility or smart meters, which record the consumption of electric energy and communicate information to the user and thermostats. In the coming years, connectivity is anticipated to become a more prevalent tren......
 $4950

Network Monitoring Market by Offering (Equipment, Software & Services), Bandwidth (1&10 Gbps, 40 Gbps, 100 Gbps), Technology (Ethernet, Fiber Optic, InfiniBand), End User and Geography – Global Forecast to 2027

“The network monitoring market is projected to grow at a CAGR of 6.9% during 2022–2027” The network monitoring market is projected to grow from  USD 2.2 billion in 2022 and is projected to reach USD 3.0 billion by 2027; it is expected to grow at a CAGR of 6.9 % from 2022 to 2027. The rise in demand for cloud services, surging demand for resilient network monitoring systems to quickly resolve downtime issues along with need for continuous monitoring due to rise in network complexities and security concerns is expected to fuel the growth of the network monitoring market. However, availability of free network monitoring tools is a prominent factor limiting the growth of the network monitoring market. “Network monitoring equipment with 1 & 10 Gbps bandwidth to hold large......
 $4950

Network Devices Market by Connectivity (WiFi, Cellular, LoRa, ZigBee, Bluetooth), Device Type (Router, Gateway, Access Point), Application (Residential, Commercial, Enterprise, Industrial, Transportation) and Geography – Global Forecast to 2027

“The network devices market is projected to grow at a CAGR of 6.6% during 2022–2027” The network devices market is expected to grow from USD 26.4 billion in 2022 and is projected to reach USD 36.4 billion by 2027; it is expected to grow at a CAGR of 6.6% during the forecast period. WiFi network deployment helps enterprises rapidly build and connect business applications. The WiFi network also provides greater flexibility, scalability, reliability, and cost-effective benefits in connecting mission-critical business applications. Core industry sectors are keen on automating and digitalizing their business processes to streamline business operations and drive new business revenue opportunities. As the number of Internet users is expected to continue to grow significantly in coming ye......
 $4950

RF Tunable Filter Market by Type (Bandpass, Band Reject), Tuning Mechanism, Tuning Component, System (Handheld and Pocket Radio, Radar System), Application (Aerospace and Defense, Transportation, Smart Cities) and Geography – Global Forecast to 2027

“RF tunable filter market is expected to grow at CAGR of 10.8% from 2022 to 2027.” The global RF tunable filter market is projected to reach USD 168 million by 2027 from an estimated USD 100 million in 2022, at a CAGR of 10.8% from 2022 to 2027. The growth of the market can be attributed to the rising demand for RF tunable filters in aerospace & defense industry and the increasing demand for 5G smartphones, smartphones, and mobile phones. “Bandpass filter segment is projected to capture a larger share of the overall market during the forecast period” The RF tunable filter market for the band pass filter segment is projected to capture a larger share of the overall market during the forecast period attributed to the increased use of bandpass filters in the aerospace &am......
 $4950

Security Robots Market by Type (UAV (Fixed Wing, Rotary Wing), UGV (Wheeled, Tracked, Legged, Hybrid), UUV (Autonomous Underwater Vehicles, Remotely Operated Underwater Vehicles)), Application, Component, End User and Geography – Global Forecast to 2027

“Security robots market to grow at a CAGR of 17.7% from 2022 to 2027 to reach USD 89.6 billion by 2027” The security robots market was valued at USD 33.7 billion in 2021 and is projected to reach USD 89.6 billion by 2027; it is expected to grow at a CAGR of 17.7% from 2022 to 2027. The major drivers of the market include the growing adoption of security robots for commercial and residential applications, rising emphasis on security at national or regional levels, increasing investments and spending on defense by countries globally, and surging demand for autonomous systems that make real-time monitoring smarter. “UAV held the largest share of the security robots market in 2021” UAVs are either remotely controlled, semi-autonomous, or autonomous unmanned aircraft that can b......
 $4950

LED Lighting Market by Installation (New, Retrofit), Product Type (A-type, T-type, Decorative, Directional), Sales Channel (Retail, Direct, E-commerce), Application (Residential, Commercial, Industrial) and Geography – Global Forecast to 2027

The LED lighting market size is estimated to be USD 75.3 billion in 2022 and is projected to reach USD 124.7 billion by 2027, at a CAGR of 10.6% during the forecast period. The booming lighting industry contributes most to the rising demand for energy-efficient products and modifications in the existing lighting products using LED technology. Moreover, technological innovations and rising environmental concerns have further accelerated the market growth in the region. Competitive manufacturing costs, high economic growth rate, and large-scale industrial constructions in residential and commercial segments are some of the other major factors driving the growth of the LED lighting market “Decorative luminaire to register highest growth between 2022 to 2027.” Decorative luminaires a......
 $4950

Augmented Reality and Virtual Reality Market by Technology Type (AR: Markerless, Marker-base; VR: Non-Immersive, Semi-immersive and Fully Immersive Technology), Device Type, Offering, Application, Enterprise, and Geography – Global Forecast to 2027

AR dynamics “Increasing demand for AR devices and applications in healthcare” Augmented reality’s widening demands in healthcare sector is paving a way for its growth in the market. The augmented reality can be put to use for surgeries, patient care, fitness and pharmacy management. Alog with its use in all of these aspects, augmented reality can also be used for medical training for students/budding surgeons.  The augmented reality provides  an immersive, 3D AR modelled visualization of the patient’s internal organs to the surgeon so that the surgery can be performed with minimalistic invasion and with precsision. The AR modelled 3D visualization also helps medical teaching staff to provide an immersive learning experience to the students/budding surgeons. Augmented rea......
 $4950

Inverter Market by Type (Solar Inverters, Vehicle Inverter, others), Output Power Rating (Upto 10 kW, 10-50 kW, 51-100 kW, above 100 kW), End User (PV Plants, Residential, Automotive), Connection, Voltage, Sales Channel & Region – Global Forecast to 2027

“The inverter market is projected to grow at a CAGR of 15.7% from 2022 to 2027” The inverter market is anticipated to grow from an estimated USD 16.3 billion in 2022 to USD 33.8 billion in 2027, at a CAGR of 15.7% during the forecast period. The market has a promising growth potential due to increased deployment of solar inverters, especially in Asia Pacific. The increasing investments in the renewable energy sector and supportive government initiatives and schemes is propelling demand for inverters. Countries targets on climate change to achieve net-zero goals are shifting them towards sustainability development which increased the demand for electric vehicles and also technological advancements in developing high-power density inverters for various end user applications are expect......
 $4950

Smoke Detectors Market by Power Source (Battery-Powered, Hardwired with battery backup, Hardwired without battery backup), Type (Photoelectric Smoke Detectors, Ionization Smoke Detectors), Service, Distribution Channel – Global Forecast to 2027

“Smoke Detectors market to grow at a CAGR of 9.6% from 2022 to 2027” The smoke detectors market size is expected to grow from USD 2.3 billion in 2022 to USD 3.4 billion by 2027; it is expected to grow at a CAGR of 8.2% from 2022 to 2027. The key factors driving the growth of the smoke detectors market are rising initiatives and support for smoke detectors from government bodies and rising technological innovations in smoke detectors which provides various advantages to the end-use industries. “Hardwired with battery backup is expected to grow at higher rate from 2022 to 2027” Hardwired with battery backup smoke detectors operate as a substitute for battery-powered smoke detectors. They are efficient and have battery backups for continuous operation. Hardwired photoelectric......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy