
Asia Pacific Robot End-Effector Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Welding Guns, Clamps, Grippers, Suction Cups, Tool Changers, and Others), Application (Handling, Assembly, Welding, Processing, Dispensing, and Others
Description
Asia Pacific Robot End-Effector Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Welding Guns, Clamps, Grippers, Suction Cups, Tool Changers, and Others), Application (Handling, Assembly, Welding, Processing, Dispensing, and Others), and Industry (Automotive, Metals and Machinery, Electrical and Electronics, Food and Beverages, and Others)
The Asia Pacific robot end-effector market is expected to reach US$ 5,055.60 million by 2028 from US$ 1,671.84 million in 2021. It is estimated to register a CAGR of 17.1% from 2021 to 2028. Due to the noteworthy development of robot deployments from 2013 to 2016, the density rate grew from 25 units in 2013 to 68 units in 2016, as per the IFR study. China made it into the world's top 10 widely automated nations in 2020 with its government's support. Hence, its robot density rose to ~150 units in the previous year. Over the years, the manufacturing spending of Asia Pacific has grown substantially and is further projected to grow at the highest growth rate. This dramatic growth in the production expenditure and the uptake of novel technologies are the key factors driving the demand for robot end-effectors. Besides, the demand for consumer electronic products—which is majorly driven by price deflation, rise in disposable incomes, and increase in innovation, particularly in the emerging Asian markets—is anticipated to encourage the manufacturing industries in the region to adopt newer technologies to synchronize with the consumer expectations. The increase in the aging population of Asia Pacific countries, especially in China and Japan, is fueling the demand for robot end-effectors in the region. Asia Pacific is characterized by a large number of developing countries, a positive economic outlook, high industrial presence, huge population, and rising disposable income. These factors have made Asia Pacific a key growth driving region for various markets, including the robot end-effector market. The lockdown of various factories in China affected the supply chains, negatively affecting manufacturing, delivery schedules, and a number of products and services.
Even as the factories in China are beginning to reopen, several logistics businesses have reduced or hit pause on their operations; thus, some cargo terminals shut down due to low volume. In the healthcare sector, robots witnessed a slight growth during the pandemic. For instance, HCARD, a robotic device, helped frontline healthcare workers to maintain physical distance from those infected by COVID-19 in India.
Based on application, the Asia Pacific robot end-effector market is segmented into handling, assembly, welding, processing, dispensing, and others. The welding segment is expected to register the highest CAGR during the forecast period. Robot welding is commonly used for resistance spot welding and arc welding in high production applications, such as the automotive industry. Robot welding is a relatively new application of robotics. Welding guns/torches have become very efficient end-effectors that can be controlled in a sophisticated way for optimized welding. Moreover, the development of automated arc welding solutions continues to be driven by the requirement for higher product quality, productivity, and reduced costs.
The Asia Pacific robot end-effector market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. The process also serves the purpose of obtaining an overview and forecast of the Asia Pacific robot end-effector market with respect to all the segments. Moreover, multiple primary interviews have been conducted with industry participants to validate data and gain more analytical insights into the topic. The participants involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Asia Pacific robot end-effector market. The key companies operating in the market include ABB Ltd.; Destaco (Dover Corporation); Festo SE & Co. KG; J. Schmalz GmbH; Kuka AG; Piab AB; Robotiq Inc.; Schunk GmbH & Co. KG and Zimmer Group.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific robot end-effector market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific robot end-effector market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific robot end-effector market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The Asia Pacific robot end-effector market is expected to reach US$ 5,055.60 million by 2028 from US$ 1,671.84 million in 2021. It is estimated to register a CAGR of 17.1% from 2021 to 2028. Due to the noteworthy development of robot deployments from 2013 to 2016, the density rate grew from 25 units in 2013 to 68 units in 2016, as per the IFR study. China made it into the world's top 10 widely automated nations in 2020 with its government's support. Hence, its robot density rose to ~150 units in the previous year. Over the years, the manufacturing spending of Asia Pacific has grown substantially and is further projected to grow at the highest growth rate. This dramatic growth in the production expenditure and the uptake of novel technologies are the key factors driving the demand for robot end-effectors. Besides, the demand for consumer electronic products—which is majorly driven by price deflation, rise in disposable incomes, and increase in innovation, particularly in the emerging Asian markets—is anticipated to encourage the manufacturing industries in the region to adopt newer technologies to synchronize with the consumer expectations. The increase in the aging population of Asia Pacific countries, especially in China and Japan, is fueling the demand for robot end-effectors in the region. Asia Pacific is characterized by a large number of developing countries, a positive economic outlook, high industrial presence, huge population, and rising disposable income. These factors have made Asia Pacific a key growth driving region for various markets, including the robot end-effector market. The lockdown of various factories in China affected the supply chains, negatively affecting manufacturing, delivery schedules, and a number of products and services.
Even as the factories in China are beginning to reopen, several logistics businesses have reduced or hit pause on their operations; thus, some cargo terminals shut down due to low volume. In the healthcare sector, robots witnessed a slight growth during the pandemic. For instance, HCARD, a robotic device, helped frontline healthcare workers to maintain physical distance from those infected by COVID-19 in India.
Based on application, the Asia Pacific robot end-effector market is segmented into handling, assembly, welding, processing, dispensing, and others. The welding segment is expected to register the highest CAGR during the forecast period. Robot welding is commonly used for resistance spot welding and arc welding in high production applications, such as the automotive industry. Robot welding is a relatively new application of robotics. Welding guns/torches have become very efficient end-effectors that can be controlled in a sophisticated way for optimized welding. Moreover, the development of automated arc welding solutions continues to be driven by the requirement for higher product quality, productivity, and reduced costs.
The Asia Pacific robot end-effector market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. The process also serves the purpose of obtaining an overview and forecast of the Asia Pacific robot end-effector market with respect to all the segments. Moreover, multiple primary interviews have been conducted with industry participants to validate data and gain more analytical insights into the topic. The participants involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Asia Pacific robot end-effector market. The key companies operating in the market include ABB Ltd.; Destaco (Dover Corporation); Festo SE & Co. KG; J. Schmalz GmbH; Kuka AG; Piab AB; Robotiq Inc.; Schunk GmbH & Co. KG and Zimmer Group.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific robot end-effector market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific robot end-effector market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific robot end-effector market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
130 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Asia Pacific Robot End-Effector Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. Robot End-Effector-Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Expansion of Industrial Robotics
- 5.1.2 Incrementing Adoption of Cobots
- 5.2 Market Restraints
- 5.2.1 Requirement of Huge Capital
- 5.3 Market Opportunities
- 5.3.1 Increasing Application of Additive Manufacturing
- 5.4 Future Trends
- 5.4.1 Rising Use of Grippers
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Robot End-Effector Market - Asia Pacific Analysis
- 6.1 Robot End-Effector Market - Revenue and Forecast To 2028 (US$ Million)
- 7. Asia Pacific Robot End-Effector Market Analysis - By Type
- 7.1 Overview
- 7.2 Robot End-Effector Market Breakdown, By Type, 2020 and 2028
- 7.3 Welding Guns
- 7.3.1 Overview
- 7.3.2 Welding Guns Market Revenue and Forecasts to 2028 (US$ Mn)
- 7.4 Clamps
- 7.4.1 Overview
- 7.4.2 Clamps Market Revenue and Forecasts to 2028 (US$ Mn)
- 7.5 Grippers
- 7.5.1 Overview
- 7.5.2 Grippers Market Revenue and Forecasts to 2028 (US$ Mn)
- 7.6 Suction Cups
- 7.6.1 Overview
- 7.6.2 Suction Cups Market Revenue and Forecasts to 2028 (US$ Mn)
- 7.7 Tool Changers
- 7.7.1 Overview
- 7.7.2 Tool Changers Market Revenue and Forecasts to 2028 (US$ Mn)
- 7.8 Others
- 7.8.1 Overview
- 7.8.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
- 8. Asia Pacific Robot End-Effector Market Analysis - By Application
- 8.1 Overview
- 8.2 Robot End-Effector Market Breakdown, By Application, 2020 and 2028
- 8.3 Handling
- 8.3.1 Overview
- 8.3.2 Handling Market Revenue and Forecasts to 2028 (US$ Mn)
- 8.4 Assembly
- 8.4.1 Overview
- 8.4.2 Assembly Market Revenue and Forecasts to 2028 (US$ Mn)
- 8.5 Welding
- 8.5.1 Overview
- 8.5.2 Welding Market Revenue and Forecasts to 2028 (US$ Mn)
- 8.6 Processing
- 8.6.1 Overview
- 8.6.2 Processing Market Revenue and Forecasts to 2028 (US$ Mn)
- 8.7 Dispensing
- 8.7.1 Overview
- 8.7.2 Dispensing Market Revenue and Forecasts to 2028 (US$ Mn)
- 8.8 Others
- 8.8.1 Overview
- 8.8.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
- 9. Asia Pacific Robot End-Effector Market Analysis - By Industry
- 9.1 Overview
- 9.2 Robot End-Effector Market Breakdown, By Industry, 2020 and 2028
- 9.3 Automotive
- 9.3.1 Overview
- 9.3.2 Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
- 9.4 Metals and Machinery
- 9.4.1 Overview
- 9.4.2 Metals and Machinery Market Revenue and Forecasts to 2028 (US$ Mn)
- 9.5 Electrical and Electronics
- 9.5.1 Overview
- 9.5.2 Electrical and Electronics Market Revenue and Forecasts to 2028 (US$ Mn)
- 9.6 Food and Beverages
- 9.6.1 Overview
- 9.6.2 Food and Beverages Market Revenue and Forecasts to 2028 (US$ Mn)
- 9.7 Others
- 9.7.1 Overview
- 9.7.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
- 10. Asia Pacific Robot End-Effector Market - Country Analysis
- 10.1 APAC: Robot End-Effector Market
- 10.1.1 APAC: Robot End-Effector Market- by Key Country
- 10.1.1.1 Australia: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 Australia: Robot End-Effector Market- by Type
- 10.1.1.1.2 Australia: Robot End-Effector Market- By Application
- 10.1.1.1.3 Australia: Robot End-Effector Market- By Industry
- 10.1.1.2 China: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 China: Robot End-Effector Market- by Type
- 10.1.1.2.2 China: Robot End-Effector Market- By Application
- 10.1.1.2.3 China: Robot End-Effector Market- By Industry
- 10.1.1.3 India: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 India: Robot End-Effector Market- by Type
- 10.1.1.3.2 India: Robot End-Effector Market- By Application
- 10.1.1.3.3 India: Robot End-Effector Market- By Industry
- 10.1.1.4 Japan: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.1 Japan: Robot End-Effector Market- by Type
- 10.1.1.4.2 Japan: Robot End-Effector Market- By Application
- 10.1.1.4.3 Japan: Robot End-Effector Market- By Industry
- 10.1.1.5 South Korea: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.5.1 South Korea: Robot End-Effector Market- by Type
- 10.1.1.5.2 South Korea: Robot End-Effector Market- By Application
- 10.1.1.5.3 South Korea: Robot End-Effector Market- By Industry
- 10.1.1.6 Rest of APAC: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.1 Rest of APAC: Robot End-Effector Market- by Type
- 10.1.1.6.2 Rest of APAC: Robot End-Effector Market- By Application
- 10.1.1.6.3 Rest of APAC: Robot End-Effector Market- By Industry
- 11. Impact of COVID-19 Pandemic on Robot End-Effector Market
- 11.1 Overview
- 11.2 Asia-Pacific
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 New Product Development
- 13. Company Profiles
- 13.1 ABB Ltd.
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Destaco (Dover Corporation)
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Festo SE & Co. KG
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 J. Schmalz GmbH
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Kuka AG
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Piab AB
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Robotiq Inc.
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Schunk GmbH & Co. KG
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Zimmer Group
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 14. Appendix
- 14.1 About The Insight Partners
- 14.2 Word Index
- list of Tables
- Table 1. Robot End-Effector Market - Revenue and Forecast To 2028 (US$ Million)
- Table 2. Australia: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 3. Australia: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 4. Australia: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 5. China: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 6. China: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 7. China: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 8. India: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 9. India: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 10. India: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 11. Japan: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 12. Japan: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 13. Japan: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 14. South Korea: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 15. South Korea: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 16. South Korea: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 17. Rest of APAC: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 18. Rest of APAC: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 19. Rest of APAC: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 20. List of Abbreviation
- List of Figures
- Figure 1. Robot End-Effector Market Segmentation
- Figure 2. Robot End-Effector Market Segmentation - By Country
- Figure 3. Asia Pacific Robot End-Effector Market Overview
- Figure 4. Grippers Segment held the Largest Share of Robot End-Effector Market
- Figure 5. Handling held the Largest Share of Robot End-Effector Market
- Figure 6. Automotive held the Largest Share of Robot End-Effector Market
- Figure 7. China Dominated the Robot End-Effector Market
- Figure 8. Asia Pacific - PEST Analysis
- Figure 9. Robot End-Effector Market Ecosystem Analysis
- Figure 10. Expert Opinion
- Figure 11. Robot End-Effector Market Impact Analysis of Drivers and Restraints
- Figure 12. Robot End-Effector Market - Revenue and Forecast To 2028 (US$ Million)
- Figure 13. Robot End-Effector Market Breakdown by Type, 2020 and 2028 (%)
- Figure 14. Asia Pacific Welding Guns Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 15. Asia Pacific Clamps Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 16. Asia Pacific Grippers Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 17. Asia Pacific Suction Cups Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 18. Asia Pacific Tool Changers Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 19. Asia Pacific Others Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 20. Robot End-Effector Market Breakdown by Application, 2020 and 2028 (%)
- Figure 21. Asia Pacific Handling Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 22. Asia Pacific Assembly Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 23. Asia Pacific Welding Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 24. Asia Pacific Processing Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 25. Asia Pacific Dispensing Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 26. Asia Pacific Others Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 27. Robot End-Effector Market Breakdown by Industry, 2020 and 2028 (%)
- Figure 28. Asia Pacific Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 29. Asia Pacific Metals and Machinery Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 30. Asia Pacific Electrical and Electronics Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 31. Asia Pacific Food and Beverages Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 32. Asia Pacific Others Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 33. Asia Pacific: Robot End-Effector Market, by Key Country - Revenue (2020) (US$ Million)
- Figure 34. APAC: Robot End-Effector Market Revenue Share, By Key Country (2020 and 2028)
- Figure 35. Australia: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 36. China: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 37. India: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 38. Japan: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 39. South Korea: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 40. Rest of APAC: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 41. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
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