Robot End Effector Market

Market Leader - Robot End Effector Market

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 2021 to 2026. Steady deployment of robots in manufacturing industries is facilitating the growth of robot end effector market. Growing demand for collaborative robots across healthcare and other industry segments, especially non-heavy industries such as food & beverage and pharmaceutical and cosmetics are expected to promote new opportunities in the robot end effectors market and hype the sales as well. Meanwhile, recent research & developments in dexterous robotic hands are also expected to drive the market.

Although the robot end effector market is growing at a steady pace, it is moderately competitive owing to the presence of several key global players, as well as several new players playing a key role in the growth of the market. Key strategies adopted by these players to enhance their product portfolios, increase their market share, and expand their presence in the market mainly include product launches and partnerships, collaboration & joint ventures. For instance, in November 2020, Zimmer Group added three new sizes to its successful GPP5000IL and GPD5000IL gripper series. These pneumatic-electric hybrid grippers are excellent for gripping applications into the world of Industry 4.0, with a pneumatic drive. These grippers facilitate up to 50% cycle time reduction and up to 90% compressed air savings and can handle workpieces in harsh environments amid their constructions and anti-corrosion properties. In September 2020, Festo (Germany) and Pickit (Belgium) partnered with Robotiq (Canada) to create gripping products such as robotic hands and vacuum-controlled suction cups by leveraging each company’s engineering strengths. Festo will create the proportional control valves and controllers used to control the flow of air or vacuum to the gripper. Pickit will be developing high-resolution 3D cameras in order to improve robotic performance. Robotiq will create gripping products like robotic “hands” and vacuum-controlled suction cups. The partnership aims to reach new industrial applications and develop a wide range of solutions by leveraging each company’s engineering strengths.

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Zimmer is a global player at the end of arm tooling (EOAT) technology with decades of experience serving the automotive, electronics, consumer goods, tooling machinery, foundry, and plastic industries. Its operations are organized through five business divisions— automation and handling technology, clamping and braking elements, industrial shock absorbers, dampers for the furniture industry, and machine tooling. The EAOT devices are termed “handling technology’ with an extensive variety of more than 3,000 products under the portfolio. Zimmer Group is one of the first manufacturers in the world to introduce HRC-capable grippers to the market and now has the largest portfolio of HRC grippers worldwide. A collaborative robot of Rethink Robotics (Germany) equipped with an HRC gripper of the Zimmer Group is designed to assist hospital staff in adjusting the oxygen level for a COVID-19 patient. In 2021, Zimmer Group collaborated with Schmalz (Germany) and introduced a multifunctional end-of-arm platform named MATCH that is compatible with every common lightweight robot and conventional robot on the market due to its extensive function portfolio and universal communication interfaces. Zimmer Group is a technological leader and a single-source manufacturer of hardware and software solutions for robots and a capable partner in research & development. Zimmer Group’s R&D specialists are developing customized gripper fingers for their client, Decathlon (Albania), for manufacturing cycling shorts, where there is a requirement of two separate systems working together since the padding must be placed individually (on a curved negative form) and held in position during sewing.

The company reaches more than 125 countries through its sales network and has operations across Europe, the Americas, and Asia. Some of its major subsidiaries are Zimmer Group Canada INC. (Canada), Zimmer Group US INC. (US), Zimmer Group South America IMP. EXP. LTDA (Brazil), Zimmer Automation LLP (India), Zimmer Group Asia Ltd (Taiwan), Zimmer Group China Ltd. (China), Zimmer Group Iberia S.L.U. (Spain), Zimmer Group Italia S.R.L. (Italy), Zimmer Group Austria GmbH (Austria), Zimmer Group Slovensko s.r.o. (Slovakia), Zimmer Group Slovensko s.r.o. (Poland), Zimmer Group UK Ltd (UK), Zimmer Group France SARL (France), and Zimmer GmbH Niederlassung Schweiz (Switzerland).

Schunk (Germany) is expanding its business by adopting inorganics strategies. For instance, in April 2021, Schunk announced a partnership with 3M (US) to fulfill the growing demand for automation in grinding, polishing, and brushing processed by businesses. Schunk invests further research & development work in its highly anticipated end effector unit AOV for this partnership, where 3M looks for the best abrasives and process parameters for the application of the unit. Schunk constantly exchanges technical and scientific knowledge, as well as many years of practical expert knowledge, by collaborating with universities on a variety of projects; collaboration with Ruhr University Bochum (Germany) for a project on safe use and application potentials of HRC. The company’s R&D specialists apply their expertise to incorporate technical solutions into innovative products. Schunk’s machining tools are specifically designed for automated applications, ensuring perfectly finished surfaces at all times. For grinding and polishing workpiece surfaces, the AOV random orbit sander is the specialist with a vane motor with a maximum speed of 10,000 rpm drives the pneumatic unit. Schunk operates in more than 50 countries with 34 directly-owned subsidiaries and distribution partners on sight. Schunk has operations across five regions: Europe, the Americas, South Africa, Australia, and Asia. Some of its major subsidiaries are Schunk Intec Pty Ltd (Australia), Schunk Intec GmbH (Austria), Schunk Intec-BR (Brazil), Schunk Intec Corp. (Canada), Schunk Intec Machinery Trading (China), Schunk Intec OOO (Russia), Schunk Intec Limited (UK), Schunk Intec India Private Ltd. (India), Schunk Intec K.K. (Japan), and Schunk Intec Inc. (US).

Related Reports:

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

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Report Code
SE 7064
RI Published ON
6/22/2021
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