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Tag: Robot End-Effector Market

Robot End Effector Market to Grow to $4.4 billion by 2026, at a CAGR of 18.8%

Press Release
According to the new market research report "Robot End Effector Market with COVID-19 Impact Analysis, by Type (Electric Grippers, Vacuum Cups, Tool Changers), Robot Type, Application (Handling, Assembly, Processing), Industry (Food & Beverage, E-Commerce), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Robot End Effector Market is projected to grow from USD 1.9 billion in 2021 to USD 4.4 billion by 2026; it is expected to grow at a CAGR of 18.8% from. Read More>>

Which Is the Potential Market for Robot End Effectors?

Press Release
The robot end-effector market is expected to grow from USD 2.6 billion in 2019 to USD 5.7 billion by 2024, at a CAGR of 16.9% during the forecast period. The modularity ensures that the grippers do not have to be changed from time to time, thereby reducing the cost of redesigning and downtime associated with its change and replacement; hence, the growing demand for modular end-effectors is the key factor. Read More>>

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