Robot end-effectors are also known as tool tips, robotic accessories, robot tools, end-of-arm tooling (EOA), robotic peripherals, or end-of-arm devices. These tools are equipped on the tip of the robot arm and respond to the operations that are carried out by the robotic arm. The robotic arm can be a gripper, sensor, or process tool.
The robot end effector market was valued at $3.3 billion in 2020, and is expected to reach $ 15.6 million by 2030, registering a CAGR of 16.9% from 2021 to 2030.
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Increase in adoption of collaborative robots in the industries has significantly boosted the demand for robot end effectors. In addition, adoption of automation in manufacturing and logistic industries has helped to carry out operations at faster rate and with higher accuracy with the help of robot end effectors. Thus, all these factors collectively are anticipated to notably contribute toward the growth of the global robot end effector market during the forecast period.
Top 10 Leading Players
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Key Market Segments
By Type
By Application
By End-User
By Robot Type
By Region
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