Robot End-Effector Market to Grow at a CAGR of 15.6% to reach US$ 9,664.68 million from 2020 to 2028

Robot End-Effector Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Welding Guns, Clamps, Grippers, Suction Cups, Tool Changers, and Others), Application (Handling, Assembly, Welding, Processing, Dispensing, and Others), Industry (Automotive, Metals and Machinery, Electrical and Electronics, Food and Beverages, and Others), and Geography

Publication Month : Mar 2021

  • Report Code : TIPRE00007084
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 214
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The robot end-effector market was valued at US$ 3,125.59 million in 2020 and is projected to reach US$ 9,664.68 million by 2028; it is expected to grow at a CAGR of 15.6% during 2021–2028.  

Due to adaptive robot arms and end-effectors, automation of various business process can be done at a fraction of the time, unlike traditional industrial robots. A broad range of complex tasks can now be accomplished due to the flexibility and versatility of the end-effectors, which maximizes the return on investment (ROI). Increase in applications of automating packaging and palletizing in the manufacturing industry and swift growth in modernization & industrialization across all the regions are positively influencing the market growth. The mounting adoption of collaborative robots (Cobots), owing to their advantages and features is another factor propelling the market growth. Additionally, the robot end-effector market is poised to flourish in the coming years as governments of developing countries are attracting foreign direct investments to optimize hectic and monotonous operations performed across industries with ease and precision. Thus, all the above factors are catering to the growth of the market.    

Impact of COVID-19 Pandemic on Robot End-Effector Market

COVID-19 has negatively impacted businesses in four critical areas, such as supply chain/operations, workforce, 2020 investments, and product offering. In the first nine months, overhead costs, including expenses for sales, Research & Development (R&D), and administration of various providers fell adversely, due to severe measures taken in the course of the pandemic. Despite the effects of the global outbreak, earnings were improved primarily due to continuous optimization of the cost structure.

In the US, the first identified COVID-positive patient was held in an isolated room, which was built during the Ebola crisis. A robot integrated within a camera, a stethoscope, and a microphone enabled patient consulting without any physical contact between the doctor and the patient. At present, robotics technology potentially enables surgeries to occur remotely without the entrance of surgeon into the room. Thus, this leads to the market growth during the pandemic.

COVID-19 has had a severe impact on transportation, automotive, and trade activity. North America is a home for large number of manufacturing and technology companies. Thus, the impact of COVID-19 outbreak was quite severe in 2020 and likely in 2021 for the automotive and manufacturing sectors. However, the impact of COVID-19 is short-term and is likely to decrease in the coming years.     

Lucrative Regions in Robot End-Effector Market

Lucrative Regions in Robot End-Effector Market
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Market Insights–Robot End-Effector Market

Rising Popularity of Industrial Robotics

Industrial robots play an important role in manufacturing industrial automation as several major operations in industries are being managed by robots. The governments worldwide are taking initiatives to support and promote the development and adoption of industrial robots in their respective countries, which is surging its demand. For instance, as per the facts stated by the International Federation of Robotics (IFR), in 2017, the global sales of industrial robots reached 387,000 units, increased by 31% compared to the previous year. China saw a humungous increase in demand for industrial robots, up to 58% in 2017, whereas sales in the US surged by 6% and Germany by 8%. The automotive industry witnessed massive demand for industrial robots, as in 2017, ~125,500 units were sold for the industry. The robust growth sectors in the same year were the metal, electrical/electronics, and food industries.

Asia is the fastest-growing region for the robot end-effector market, owing to major initiatives taken by governments in the region to implement robot end-effectors. This includes the ‘Made in China 2025’ plan for the development of high-tech industries. Additionally, IFR also stated that in 2020, China produced ~150,000 industrial robot units and has ~950,300 industrial robots in operation. The number of industrial robots continues to increase at an impressive pace globally. Prime trends such as digitalization, simplification, and human-robot collaboration are shaping the future and propelling further swift development of next-generation robots. Thus, with strong growth in industrial robotics, manufacturers of robot end-effectors are gaining popularity worldwide, which is fueling the market growth.   

Type-Based Insights

Based on type, the robot end-effector market is segmented into welding guns, clamps, grippers, suction cups, tool changers, and others. The grippers segment led the robot end-effector market in 2020. The main function of a gripper is to convert some form of power into grasping action of the robotic fingers. The power input is supplied by pneumatic, hydraulic, or electric means. The grippers are majorly classified into mechanical grippers and non-mechanical grippers. Further, the mechanical grippers use mechanical fingers that are used to grasp the object. The fingers are also known as jaws. Similarly, the non-mechanical grippers pose the mechanical fingers used to handled specific shapes of work parts.   

Robot End-Effector Market, by Type (% Share)


Robot End-Effector Market, by Type (% Share)
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Application -Based Insights

Based on application, the robot end-effector market is bifurcated into handling, assembly, welding, processing, dispensing, and others. The handling segment led the robot end-effector market in 2020. The robot end-effector is the device at the end of a robotic arm, designed to handle objects. The handling task are those where an object needs to be picked up and placed in a different location. End-effectors that handle dangerous goods must be highly redundant to power outages and blackout. This sort of task requires precision and the ability to safely handle the object no matter what the material it is made from or how fragile it is. The increase in the manufacturing industries across the world is driving the robot end-effector market.

Industry -Based Insights

The robot end-effector market, based on industry, is bifurcated into automotive, metals and machinery, electrical and electronics, food and beverages, and others. The automotive segment led the robot end-effector market in 2020. The automotive industry is one of the major segment deploying the robot’s technologies to improve productivity and quality of products. The automotive manufacturers are adopting robots to improve the overall work efficiency and reduce warranty costs. These robots are being used for spot welding, painting, assembly, and other automotive operations. In addition, the robots minimize the risks involved by performing dangerous and difficult jobs. Automakers such as Ford Motor Company, Tata Motors, and Hyundai are significantly using these robots for their automotive production to increase the production capacities and cater the high demand.

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Robot End-Effector Market: Strategic Insights

robot-end-effector-market
Market Size Value inUS$ 3,125.59 Million in 2020
Market Size Value byUS$ 9,664.68 Million by 2028
Growth rateCAGR of 15.6% from 2021-2028
Forecast Period2021-2028
Base Year2021
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Players operating in the robot end-effector market are mainly focusing on the development of advanced and efficient products.

  • In 2021, DESTACO (Dover Corporation) introduced TC1 quick-install manual tool changer designed for a collaborative robot (cobot) pick & place and load & unload applications. The TC1 provides seamless integration for fast tool change operation, thereby expanding cobot flexibility and increasing return on cobot investment.    

The global robot end-effector market has been segmented as follows:

Robot End-Effector Market– by Type

  • Grippers
  • Welding Guns
  • Clamps
  • Suction Cups
  • Tool Changers
  • Others

Robot End-Effector Market– by Application

  • Handling
  • Assembly
  • Welding
  • Processing
  • Dispensing
  • Others

Robot End-Effector Market– by Industry   

  • Automotive
  • Electrical and Electronics
  • Metals and Machinery
  • Food and Beverages
  • Others  

Robot End-Effector Market–by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Robot End-Effector Market–Company Profiles

  • ABB Ltd
  • ATI Industrial Automation, Inc.
  • DESTACO (Dover Corporation)
  • Festo SE & Co. KG
  • J. Schmalz GmbH
  • Kuka AG
  • Piab AB
  • Robotiq Inc.
  • SCHUNK GmbH & Co. KG
  • Zimmer Group 
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type , Application , Industry , and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which region led the robot end-effector market in 2020?

APAC led the robot end-effector market in 2020. Over the years, the manufacturing spending of APAC has grown substantially and is further projected to grow at the highest growth rate. This dramatic growth in the manufacturing spends and adoption of novel technologies are the key factors driving the demand for robot end-effectors.

Which factor is driving the robot end-effector market?

The number of industrial robots continues to increase at an impressive pace globally. Prime trends such as digitalization, simplification, and human-robot collaboration are shaping the future and propelling further swift development of next-generation robots. With strong growth in industrial robotics, manufacturers of robot end-effectors are gaining popularity worldwide, which is fueling the market growth.

Which type led the robot end-effector market?

The grippers is the leading type in the market. The main function of a gripper is mainly to convert some form of power into grasping action of the robotic fingers. The power input is either supplied by pneumatic, hydraulic, or electric means. The grippers are majorly classified as mechanical grippers and non-mechanical grippers. Further, the mechanical grippers use mechanical fingers that are used to grasp the object. The fingers are also known as jaws. Similarly, the non-mechanical grippers possess the mechanical fingers used to handled specific shapes of work parts.

The List of Companies - Robot End-Effector Market

  1. ABB Ltd
  2. ATI Industrial Automation, Inc.
  3. DESTACO (Dover Corporation)
  4. Festo SE & Co. KG
  5. J. Schmalz GmbH
  6. Kuka AG
  7. Piab AB
  8. Robotiq Inc.
  9. SCHUNK GmbH & Co. KG
  10. Zimmer Group 

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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