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Worldwide Robot End-Effector Market Outlook 2019-2024: Increasing Adoption of Collaborative Robots Drives GrowthDUBLIN, May 10, 2019 /PRNewswire/ -- The "Robot End-Effector Market by Type (Welding Guns, Grippers, Suction Cups, Tool Changers), Applications (Handling, Assembly, Welding), Industry (Automotive, Electrical & Electronics, Food & Beverages, E-Commerce), Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.  The robot end-effector market is expected to grow from USD 2.6 billion in 2019 to USD 5.7 billion by 2024, at a CAGR of 16.9% during the forecast period. Due to the fast-changing nature of industries today, demand for modular end-effectors is increasing. This scenario is observed in the consumer goods industry, specifically packaging where the shape, size, surface, or weight of the packaging is constantly changing. This shortens the life-cycle of an end-effector to 1 to 2 years and thereby increases the cost of replacement for the company. Modular end effectors have the capability to accommodate and handle a large variety of objects as required. Hence, the growing demand for modular end-effectors is one of the key factors driving market growth. However, the high cost of deployment of industrial robots for SMEs or low volume production acts as a key restraining factor for the market growth. Robot end-effector market for grippers to grow at highest CAGR during forecast period Until 2017, welding guns dominated the robot-effector market. However, from 2018 onward, grippers have the largest share owing to the growing popularity of electric grippers, collaborative grippers, soft grippers, and customized grippers and is expected to continue this trend carrying forward. The advantage of the electric gripper is that they are fully programmable which enables them to have partially open and partially closed states. When programmed intelligently around the states of operation, they can reduce cycle time by a considerable amount. Due to their programmable nature, they can be calibrated for the use of 3 fingers or more and can be fitted with different fingertips. Market for handling application to grow at a significant CAGR from 2019 to 2024 Handling tasks mainly include pick and place sorting, packaging, and palletizing. The grippers and suction cups are the best choices for performing these tasks. Suction cups or vacuum grippers have the largest share of use in this application due to their advantage of handling random objects with less change in its configuration. They are preferred due to their low cost and modularity. Various processing industries such as plastics, rubber, and chemicals; pharmaceutical and cosmetics; and e-commerce have now started adopting robots on a large scale for performing repetitive tasks with highest possible accuracy. Hence, the increasing rate of adoption of industrial robots in the processing industries for handling applications is a key factor fueling the market. APAC to dominate the robot end-effector market during forecast period APAC is expected to dominate the robot end-effector market during 2019-2024. Increasing investment in automation by the automotive, and electrical and electronics players, especially in countries such as China, South Korea, and India, is expected to be the key driver for the market in APAC. Also, the increasing adoption of collaborative modular robots by manufacturers has elevated the demand for modular robotics in APAC. Topics Covered 1 Introduction 5.2.2.1 High Cost of Deployment of Industrial Robots for SMEs 5.2.3 Opportunities 5.2.3.1 Increasing Adoption of Soft Grippers 5.2.3.2 Increasing Use of Additive Manufacturing 5.2.3.3 Growing Demand for Electric Grippers 5.2.4 Challenges 5.2.4.1 Interoperability Issues and Difficulty in Integration of Different Robotic Framework With Existing Facilities 5.3 Value Chain Analysis 6 Industry Trends 6.1 Introduction 6.2 Robot End-Effector Industry Life Cycle 6.3 Porter's Five Forces Analysis 6.4 Technology Trends 6.5 Pricing Information of Eoats 7 Robot End-Effector Market, By Type 7.1 Introduction 7.2 Welding Guns 7.2.1 in Terms of Volume, Welding Guns Held Largest Share of Robot End-Effector Market in 2018 7.3 Grippers 7.3.1 Mechanical Grippers are Strongest Among All Type of Grippers 7.3.2 Electric Grippers are Fully Programmable and Hence Have More States of Operation Than Mechanical and Magnetic Grippers 7.3.3 Magnetic Grippers are Exclusively Used to Handle Ferromagnetic Materials 7.4 Tool Changers 7.4.1 Tool Changers are Adopted in Applications Where Single Robotic Arm has to Perform Multiple Functions 7.5 Clamps 7.5.1 Clamps are More Economical and Portable for Short Run Jobs Compared to Grippers 7.6 Suction Cups 7.6.1 Vacuum Grippers Work Best for Objects That are Smooth, Clean, Flat, and Non-Porous 7.7 Others 7.7.1 Deburring Tools are Designed to Remove Small Quantities of Material 7.7.2 Milling Tools are Designed to Remove Large Quantities of Material 7.7.3 Soldering Tools are Often Used to Solder Hard to Reach Places 7.7.4 Release of Combustible Gases Such as Volatile Organic Compounds (VOC) is Main Concern to Use Painting Tools 8 Robot End-Effector Market, By Application 8.1 Introduction 8.2 Handling 8.2.1 Handling Mainly Includes Tasks Such as Pelletizing, Packing, Picking, and Unloading 8.3 Assembly 8.3.1 Requirement for Accuracy in Assembly Operation is Much Higher Compared to Handling Application 8.3.2 Screwdrivers Can Be Very Useful for Pressure Sensitive Applications 8.4 Welding 8.4.1 Welding is Most Popular Application of End-Effectors 8.5 Dispensing 8.5.1 Electronics Hardware and Chip Manufacturers Require Highly Precise Adhesive Glue Dispensers 8.5.2 Up-To 30% Savings Can Be Expected When Manual Painters are Replaced By Automated Spray Painters 8.6 Processing 8.6.1 Finely Sanded Grinders Can Be Used for Polishing Surfaces 8.6.2 Expected Tolerance of Miller With Respect to Accuracy is Expected to Be Around 0.4 Mm 8.7 Others (Cutting and Soldering) 8.7.1 Selection of Cutting Process is Purely Application Specific 8.7.2 Wiring and Metal Works are Traditional Applications of Industrial Soldering 9 Robot End-Effector Market, By Industry 9.1 Introduction 9.2 Automotive 9.2.1 Automotive Industry Held Largest Share of Robot End-Effector Market in 2018 9.3 Electrical and Electronics 9.3.1 Handling Application Held Largest Share of Robot End-Effector Market for Electrical and Electronics Industry in 2018 9.4 Metals and Machinery 9.4.1 Welding Application Held Largest Share of Robot End-Effector Market for Metals and Machinery Industry in 2018 9.5 Plastics, Rubber, and Chemicals 9.5.1 End-Effectors Should Be Able to Properly Handle Corrosive, Explosive, Or Radioactive Materials 9.6 Food & Beverages 9.6.1 Soft Grippers to Drive Market for Food & Beverages Industry During Forecast Period 9.7 Precision Engineering and Optics 9.7.1 Processing Application to Fuel Growth of Robot End-Effector Market for Precision Engineering and Optics Industry During Forecast Period 9.8 Pharmaceuticals and Cosmetics 9.8.1 Most Common Applications for End-Effectors are Traditional End-Of-Line Packaging, Pick-And-Place, and Sorting 9.9 E-Commerce 9.9.1 Pick-And-Place and Sorting are the Most Common Operations in E-Commerce Industry 9.10 Others 10 Geographic Analysis 10.1 Introduction 10.2 North America 10.2.1 US 10.2.1.1 US Held the Second-Largest Share of Total Robot End-Effector Market in 2018 10.2.2 Canada 10.2.2.1 Manufacturing Sector in Canada has Been Key Adopter of Industrial Robots 10.2.3 Mexico 10.2.3.1 Consistent Adoption of Industrial Robots By the Automotive Industry Drives Market in Mexico 10.3 Europe 10.3.1 Germany 10.3.1.1 Rise of Electric Vehicles to Drive Robot End-Effector Market in Germany 10.3.2 Italy 10.3.2.1 Partnerships Between Industrial Robot Manufacturers and Technology Providers to Drive Market in Italy 10.3.3 France 10.3.3.1 Government Incentives for Electric Vehicles is Expected to Boost the Robot End-Effector Market in France 10.3.4 Spain 10.3.4.1 Increasing Adoption of Robots in Processing Industries in Spain is Expected to Fuel the Growth of the Market in the Country 10.3.5 UK 10.3.5.1 Political Instability Hinders Market in the UK 10.3.6 Rest of Europe 10.4 APAC 10.4.1 China 10.4.1.1 Automotive and Electrical and Electronics Industry Drives Market in China 10.4.2 South Korea 10.4.2.1 Domestic Automotive Manufacturers Have Moved Their Production to Other Countries Which Hampers the Market for Robot End-Effectors 10.4.3 Japan 10.4.3.1 High Export of Sensors and Displays to Drive Robot End-Effector Market in Japan During Forecast Period 10.4.4 Taiwan 10.4.4.1 Electrical and Electronics Industry Drives Market in Taiwan 10.4.5 India 10.4.5.1 Warehousing and Packaging Automation Create Growth Opportunity for Market in India 10.4.6 Rest of APAC 10.5 RoW 10.5.1 Middle East and Africa 10.5.1.1 Growing Rate of Adoption of Automation Services Drives Market in Middle East and Africa 10.5.2 South America 10.5.2.1 Adoption of Automation in Automotive Industry to Fuel Growth of Robot End-Effector Market in South America 11 Competitive Landscape 11.1 Overview 11.2 Market Ranking Analysis: Robot End-Effector Market, 2018 11.3 Competitive Leadership Mapping 11.3.1 Visionary Leaders 11.3.2 Dynamic Differentiators 11.3.3 Innovators 11.3.4 Emerging Companies 11.4 Strength of Product Portfolio (25 Players) 11.5 Business Strategy Excellence (25 Players) 11.6 Competitive Situations and Trends 11.6.1 Product Launches 11.6.2 Partnerships and Collaborations 11.6.3 Expansions 11.6.4 Acquisitions 11.6.5 Contracts and Agreements 12 Company Profiles 12.1 Key Players 12.1.1 ABB 12.1.2 Schunk 12.1.3 Festo 12.1.4 ATI Industrial Automation 12.1.5 Piab AB 12.1.6 KUKA 12.1.7 Robotiq 12.1.8 Tnkers 12.1.9 Zimmer Group 12.1.10 Schmalz 12.1.11 Destaco 12.1.12 Applied Robotics 12.2 Other Key Players 12.2.1 JH Robotics Inc 12.2.2 EMI Corp. 12.2.3 Soft Robotics, Inc. 12.2.4 Weiss Robotics 12.2.5 IAI 12.2.6 Bastian Solutions, Inc. 12.2.7 Fipa 12.2.8 IPR 12.2.9 SMC 12.2.10 RAD For more information about this report visit https://www.researchandmarkets.com/r/914brq Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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