IMARC Group, a leading market research company, has recently releases report titled “Robotics End of Arm Tooling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global robotics end of arm tooling market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the robotics end of arm tooling market?
|
Report Attributes |
Details |
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Market Size in 2022 |
US$ 2.38 Billion |
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Market Forecast in 2028 |
US$ 3.3 Billion |
|
Growth rate (2023 to 2028) |
CAGR of 5.50% |
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Base Year of the Analysis |
2022 |
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Forecast Period |
2023-2028 |
What are Robotics End of Arm Tooling?
Robotics end of arm tooling (EOAT) refers to the devices and attachments designed to be mounted at the end of robotic arms. These tools enable robots to perform specific tasks, such as gripping, lifting, manipulating, and placing objects in industrial automation applications. Robotics EOAT is essential for achieving precise and efficient automation, allowing robots to handle a wide range of materials and products with accuracy and speed.
The tools can include grippers, suction cups, clamps, welding guns, cutting tools, and various customized attachments based on specific industry requirements. The global robotics end of arm tooling market caters to the increasing demand for advanced and versatile tooling solutions that optimize the performance and capabilities of industrial robots in various sectors, including manufacturing, logistics, automotive, electronics, and food and beverage.
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What are the growth prospects and trends in the robotics end of arm tooling industry?
The widespread adoption of industrial automation and robotics across industries represents one of the key factors propelling the market growth. As companies seek to improve efficiency, productivity, and quality in their operations, they turn to robotics EOAT to enhance their robotic systems’ capabilities. End of arm tooling allows robots to handle complex tasks, increase throughput, and ensure precision in material handling, assembly, packaging, and other processes. In addition to this, the rising trend of collaborative robots or cobots is driving the demand for flexible and adaptable EOAT solutions. Collaborative robots work alongside human workers, sharing workspaces and performing tasks collaboratively.
To support this trend, EOAT manufacturers are developing grippers and tools that prioritize safety, ease of use, and quick changeover capabilities. Moreover, the rise of customization and industry-specific applications is shaping the robotics EOAT market. Different industries have unique requirements and challenges, necessitating specialized end of arm tooling solutions. Manufacturers are developing tailored EOAT systems for specific industries, such as automotive, electronics, and food and beverage, to meet their specific needs, which is contributing to the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- ASS Maschinenbau GmbH
- ATI Industrial Automation
- Dover Corporation
- Effecto Group SpA
- Festo Corporation
- OnRobot A/S
- Piab AB
- RAD
- Robotic Automation Systems
- Robotiq Inc.
- SCHUNK GmbH & Co. KG
- SMC Corporation, Zimmer Group
What is included in market segmentation?
The report has segmented the market into the following categories:
Type Insights:
- Grippers
- Welding Torches
- Material Removal Torches
- Tool Changers
Application Insights:
- Material Handling
- Assembly Line
- Welding and Soldering
- Surface Treatment and Finishing
- Others
End Use Insights:
- Automotive
- Semiconductor and Electronics
- Food and Beverage
- Pharmaceuticals
- Industrial Machinery
- Logistics
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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