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Global Robotics End-Of-Arm Tooling Market 2019-2023

Global Robotics End-Of-Arm Tooling Market 2019-2023

About this market

The rapidly increasing use of FDM and additive manufacturing in EOAT manufacturing is facilitating faster customization and is more advanced compared to other conventional methodologies. Owing to several advantages including cost-effectiveness and reduced delivery time, the adoption of robotics end-of-arm tooling is expected to rise in the forthcoming years. Consequently, Technavio’s analysts predict that the robotics end-of-arm tooling market will register a CAGR of more than 13% by 2022.Market Overview

Rise in demand for modular EOAT

Manufacturers across the globe have been increasing investments in incorporating industrial robots being used in several end-user industries to aid the workforce in carrying out a range of activities. For instance, many vendors in the packaging industry are preferring EOAT to accommodate future modifications, in turn, contributing to the continuous growth of the market.

High cost of deployment of industrial robots limits the demand for robotic EOAT

The ASPs of installing robotic EOATs are significantly high. Furthermore, the additional costs incurred on preventive maintenance, safety, operator training, and use of complementary peripheral equipment results in the limited adoption of robotic EOAT.

For the detailed list of factors that will drive and challenge the growth of the robotics end-of-arm tooling market during the 2019-2023, view our report.

Competitive Landscape

Various robotics end-of-arm tooling manufacturers are leveraging advanced technologies to launch advanced products catering to the rising demand of automation across several end-user industries. This will result the market to witness intense competition in the forthcoming years. Furthermore, the manufacturers are focusing on incorporating advanced technologies to improve their shares in the market.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Robotics End-of-arm tooling Market 2018-2022

Technavio recognizes the following companies as the key players in the global robotics end-of-arm tooling market: Applied Robotics, ATI Industrial Automation, Dover, Festo, Piab (subsidiary of Patricia Industries), and TOYOTA INDUSTRIES.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the use of FDM and additive manufacturing in end-of-arm tooling manufacturing.”

According to the report, one of the major drivers for this market is the rapidly rising demand for modular EOAT.

Further, the report states that one of the major factors hindering the growth of this market is the considerably high cost of deployment of industrial robots coupled with additional costs incurred in operator training.

Companies Mentioned

Applied Robotics

ATI Industrial Automation

Dover

Festo

Piab (subsidiary of Patricia Industries)

TOYOTA INDUSTRIES

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global industrial robots market
      • Table Segments of global industrial robots market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Material handling - Market size and forecast 2018-2023
      • Table Material handling - Market size and forecast 2018-2023 ($ millions)
      • Table Material handling - Year-over-year growth 2019-2023 (%)
    • Assembly line - Market size and forecast 2018-2023
      • Table Assembly line - Market size and forecast 2018-2023 ($ millions)
      • Table Assembly line - Year-over-year growth 2019-2023 (%)
    • Welding and soldering - Market size and forecast 2018-2023
      • Table Welding and soldering - Market size and forecast 2018-2023 ($ millions)
      • Table Welding and soldering - Year-over-year growth 2019-2023 (%)
    • Surface treatment and finishing - Market size and forecast 2018-2023
      • Table Surface treatment and finishing - Market size and forecast 2018-2023 ($ millions)
      • Table Surface treatment and finishing - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Use of FDM and additive manufacturing in EOAT manufacturing
    • Emergence of hybrid tooling
    • Rising innovations in electric grippers
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Applied Robotics
      • Table Applied Robotics - Vendor overview
      • Table Applied Robotics - Organizational developments
      • Table Applied Robotics - Key offerings
    • ATI Industrial Automation
      • Table ATI Industrial Automation - Vendor overview
      • Table ATI Industrial Automation - Organizational developments
      • Table ATI Industrial Automation - Key offerings
    • Dover
      • Table Dover - Vendor overview
      • Table Dover - Business segments
      • Table Dover - Organizational developments
      • Table Dover-Geographic focus
      • Table Dover - Segment focus
      • Table Dover - Key offerings
    • Festo
      • Table Festo - Vendor overview
      • Table Festo - Organizational developments
      • Table Festo - Key offerings
    • Piab (subsidiary of Patricia Industries)
      • Table Piab (subsidiary of Patricia Industries) - Vendor overview
      • Table Piab (subsidiary of Patricia Industries) - Organizational developments
      • Table Piab (subsidiary of Patricia Industries) - Key offerings
    • TOYOTA INDUSTRIES
      • Table TOYOTA INDUSTRIES - Vendor overview
      • Table TOYOTA INDUSTRIES - Business segments
      • Table TOYOTA INDUSTRIES - Organizational developments
      • Table TOYOTA INDUSTRIES - Segment focus
      • Table TOYOTA INDUSTRIES - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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