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Report Overview
The global robot end effector market attained a value of nearly USD 4.3 billion in 2023. The market is further expected to grow at a CAGR of 15% during the forecast period of 2024-2032 to reach a value of USD 15.04 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Robot End Effector Market Size
The global robot end effector market value is expected to grow at a CAGR of about 15% in the forecast period of 2024-2032 to reach a value of around USD 15.04 billion by 2032.
Robot End Effector Market Report Snapshots
Robot End Effector Market Size
Robot End Effector Market Growth
Robot End Effector Market Analysis
Robot End Effector Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global robot end effector market value is assessed to grow at a CAGR of 15% between 2024 and 2032.
The market is estimated to witness robust growth in the forecast period of 2024-2032 to reach nearly USD 15.04 billion by 2032.
The increasing adoption of artificial intelligence and automation and surging manufacturing capabilities in the emerging economies are the major market drivers.
The key trends propelling the market include the growing inclusion of single and multi-functional end effectors in diverse end-use sectors and the rising use of automated machines in various applications.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The leading types of robot end effectors in the market are grippers, clamps, suction cups, welding torches/guns, and tool changers, among others.
The significant applications of robot end effectors are handling, assembly, welding, dispensing, and processing, among others.
The various end uses of the product are automotive, food and beverage, pharmaceutical, e-commerce, metals, and machinery, and electrical and electronics, among others.
The competitive landscape consists of ABB Group, SCHUNK GmbH & Co. KG, KUKA AG, EMI Corporation, and ATI Industrial Automation, Inc., among others.
In 2023, the market reached an approximate value of USD 4.3 billion.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124