Robot End Effector Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Grippers, Process Tools, Sensors, and Tool Changers), By Robot Type (Traditional Industrial Robots and Collaborative Robots), By Application (Handling, Assembling, Welding, and Others), By End Users (Automotive, Electronics, Food & Beverage, Metal & Machinery, and Others), By Region (North America, Europe, Asia Pacific, Latin America, And MEA) And Region  

Robot End Effector Market size was valued at US$ 4254.7 million in 2023 which is poised to grow at a CAGR of 17.2% over 2024-2030. A robot end effector is a robotic tool joined to the end of a robotic arm, which responds to the operating structure around the robot. It is used for processes such as collecting product parts, piling parcels, and cartons, and placing and picking objects. Robot end effectors are secured on the robot arm and perform synchronization with process tools, grippers, and sensors. Robot end effectors are also called tooltips, robot tools, robotic accessories, end-of-arm tooling (EOA), robotic peripherals, and end-of-arm devices.

The increasing use of collaborative robots to the growth of the robot end effector market. These robots intermingle with the surroundings and function accordingly. They accept the change of path or direction of operation according to changes in the working situation. In addition, the implementation of automation in the manufacturing business to perform actions at a faster speed can also drive the global market further. However, some factors such as the robotic systems that are installed with robot end effectors are expensive and their deployment in manufacturing businesses is high, which invite extra cost which can restrain the growth of the market. In addition, they are highly susceptible to damage while working in heavy manufacturing, where the repairing or replacement can cost a huge sum and can hinder market growth. Moreover, Interoperability problems and trouble in the incorporation of the different robotic frameworks with existing amenities can hamper the market growth.

Companies should focus on, the incorporation of the Internet of Things (IoT)  as it is quickly being adopted in the automation business which can create an opportunity for the growth of the global robot end effector market. apart from this, increasing demand for electric grippers can provide lucrative opportunities in the market.

Robot End Effector Market Developments:

• In December 2020, Piab AB announced BGI-Lip to pick up stand-up bags containing dry or wet food or materials and rough plastic bags.
• In November 2020, Zimmer Group and Softmanbot announced their collaboration on the operation of flexible components.