< Key Hightlight >

The global Robotics End-of-arm Tooling market was valued at 152.31 Million USD in 2020 and will grow with a CAGR of 7.09% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A robot`s end of arm tool (EOAT) is selected based on the operation it will perform and is specific to the part or tool that it manipulates. Robot users often need customized solutions to engage uniquely shaped objects but this is typically a costly and time-consuming approach.End of arm tooling are devices by which a robot interrelates with other machines around it, conducting, clutching, and operating on various parts. An end-effector is one of the prime parts and an important component of the robotic system. Advent of technology has led to improvement in end-effector to execute different set of tasks according to the program. Robots with multiple arms comprise multiple end-effectors. One of the major drivers for this market is growth in popularity of cobots. Traditionally, industrial robots used in packaging applications were kept behind barriers or cages to prevent contact from humans by accident. To ensure safety, multiple safety measures regulate the use of these robots, such as restricting their motion to the human-free territory with safety interlocks that halt the robot`s movements when humans enter those zones. On the other hand, one of the major factors hindering the growth of this market is high initial cost of robotic implementation.
By Market Verdors:
Schunk
Festo
SMC
Robotiq
Zimmer
Destaco
ATI Industrial Automation
EMI
IAI
Applied Robotics
Schmalz
RAD
FIPA
SAS Automation
Bastian Solutions
Soft Robotics
Grabit

By Types:
Robot Grippers
Robotic Tools

By Applications:
Automotive
Semiconductor And Electronics
Food And Beverage
Pharmaceuticals
Industrial Machinery
Logistics

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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