According to the report titled ‘Global Robot End-Effector Market by Type (Welding Guns, Grippers, Suction Cups, Tool Changers), Applications (Handling, Assembly, Welding, dispensing, processing and other), Industry (Automotive, Electrical & Electronics, Food & Beverages, E-Commerce and other), and Regional Forecasts 2021-2027’, available with Market Study Report, global robot end-effector market, valued at USD 3 billion in 2020, is anticipated to reach USD 10.5 billion value by 2027, growing at a CAGR of 16.9% during 2021-2027.
 

Emergence of automation and subsequent integration in various fields has led to increase in demand for robot applications, thereby propelling the growth of global robot end-effector market.
 

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For those unversed, robot end-effector, also termed as end-of-arm tooling (EOAT), is a device or tool attached to a robotic joint. It is the robot’s final point of interaction with the surroundings and is programmed to execute specific tasks. Collision sensors, compliance devices, robotic grippers, tool changers, arc welding torches, and burr cleaning tools among others are all the part of the package.
 

Emphasis among the manufacturers to provide superior product quality as well as to enhance production speed, alongside intense competition are stimulating worldwide robot end-effector market outlook.
 

On the downside, difficulty in integration of latest technology robot end-effectors with existing processes and operations is hindering the market expansion rate.
 

Based on type, robot end-effector industry is classified as suction cups, welding guns, tool changers, grippers, clamps and others. In terms of end-use vertical, the marketplace is divided as electrical & electronics, automotive, metals & machinery, plastic, rubber & chemicals, and others. While, handling, assembly, dispensing, welding, processing, and others are various applications in global robot end effector market.
 

Geographically, Asia Pacific holds the sizeable share of the market currently and is touted to exhibit noticeable growth rate during the forecast period. Surge in industrialization across the region with many manufacturing industries opting for automation to reduce the manpower employment has fueled the growth of regional robot end-effector market.
 

On the other hand, Europe market is showing significant growth trends in recent past, owing to extensive automation and prevalent technical advancements. Usage of robots for various tasks such as machine handling, household work, and welding is expected to impel Europe industry growth.
 

Major industry player profiled in the report are Zimmer Group, SCHUNK GmbH & Co. KG, JH Robotics, J. Schmalz GmbH, Weiss Robotics GmbH & Co. KG, Applied Robotics Inc., Festo, Soft Robotics Inc., ATI Industrial Automation, and EMI Corp.