
North America 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 Other
Description
North America 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 North America robot end-effector market is expected to reach US$ 1,419.74 million by 2028 from US$ 612.83 million in 2021. It is estimated to register a CAGR of 12.8% from 2021 to 2028. The high spending power of populations, which enables them to spend on expensive, high-tech products and encourages technological advancements, leads to competition among various businesses in this region. The region is highly inclined toward automation, owing to intense competition in the North America market and the need to enhance product quality and production speed. This has led to numerous robotic innovations, including robot end-effectors, to manage routine tasks in various verticals. In the region, robotics technology manufacturers are highly involved in research & development (R&D) activities to fulfill the demand of end users. The influx of industry 4.0 in the manufacturing industry, which comprises technological trends such as automation, big data, and the Internet of Things (IoT), is a significant factor driving the robot end-effector market in North America. In the past few years, there has been a rapid development in robot end-effectors in the region. This is fueled by the demand for agile manipulation in pick-and-place operations, such as e-commerce order fulfillment. Even in the middle of the pandemic, e-commerce sales surged in 2020 due to the growing trend of online shopping. Thus, the continued operation of the e-commerce industry is increasing the demand for robot end-effectors.
North America is one of the most important regions for adopting and developing new technologies due to favorable government policies to boost innovation, the presence of a vast industrial base, and high purchasing power, especially in developed countries, such as the US and Canada. Hence, any impact on industries' growth is expected to affect the region's economic growth. COVID-19 has negatively impacted businesses in the region in four critical areas: 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, declined due to severe measures taken in the course of the pandemic. Despite the effects of the North America outbreak, earnings were improved, primarily due to continuous optimization of the cost structure. COVID-19 has had a severe impact on transportation, automotive, and trade activity. North America is home to a large number of manufacturing and technology companies. Thus, the coronavirus outbreak's impact was quite severe in 2020 and likely in 2021 for the automotive and manufacturing sectors. The impact of COVID-19 is short-term; it is expected to decrease in the coming years.
Based on type, the North America robot end-effector market is segmented into welding guns, clamps, grippers, suction cups, tool changers, and others. The grippers segment is expected to register the highest CAGR during the forecast period. 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 increasing adoption of collaborative robots owing to their benefits and features are the driving the growth of the robot end-effector market in manufacturing industries.
The North America 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 North America 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 North America robot end-effector market. The key companies operating in the market include 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 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 North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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 North America robot end-effector market is expected to reach US$ 1,419.74 million by 2028 from US$ 612.83 million in 2021. It is estimated to register a CAGR of 12.8% from 2021 to 2028. The high spending power of populations, which enables them to spend on expensive, high-tech products and encourages technological advancements, leads to competition among various businesses in this region. The region is highly inclined toward automation, owing to intense competition in the North America market and the need to enhance product quality and production speed. This has led to numerous robotic innovations, including robot end-effectors, to manage routine tasks in various verticals. In the region, robotics technology manufacturers are highly involved in research & development (R&D) activities to fulfill the demand of end users. The influx of industry 4.0 in the manufacturing industry, which comprises technological trends such as automation, big data, and the Internet of Things (IoT), is a significant factor driving the robot end-effector market in North America. In the past few years, there has been a rapid development in robot end-effectors in the region. This is fueled by the demand for agile manipulation in pick-and-place operations, such as e-commerce order fulfillment. Even in the middle of the pandemic, e-commerce sales surged in 2020 due to the growing trend of online shopping. Thus, the continued operation of the e-commerce industry is increasing the demand for robot end-effectors.
North America is one of the most important regions for adopting and developing new technologies due to favorable government policies to boost innovation, the presence of a vast industrial base, and high purchasing power, especially in developed countries, such as the US and Canada. Hence, any impact on industries' growth is expected to affect the region's economic growth. COVID-19 has negatively impacted businesses in the region in four critical areas: 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, declined due to severe measures taken in the course of the pandemic. Despite the effects of the North America outbreak, earnings were improved, primarily due to continuous optimization of the cost structure. COVID-19 has had a severe impact on transportation, automotive, and trade activity. North America is home to a large number of manufacturing and technology companies. Thus, the coronavirus outbreak's impact was quite severe in 2020 and likely in 2021 for the automotive and manufacturing sectors. The impact of COVID-19 is short-term; it is expected to decrease in the coming years.
Based on type, the North America robot end-effector market is segmented into welding guns, clamps, grippers, suction cups, tool changers, and others. The grippers segment is expected to register the highest CAGR during the forecast period. 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 increasing adoption of collaborative robots owing to their benefits and features are the driving the growth of the robot end-effector market in manufacturing industries.
The North America 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 North America 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 North America robot end-effector market. The key companies operating in the market include 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 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 North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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
124 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. North America 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 Growth in Industrial Robotics
- 5.1.2 Surge in Adoption of Cobots
- 5.2 Market Restraints
- 5.2.1 High Capital Required for Initial Deployment of Robot End-Effectors
- 5.3 Market Opportunities
- 5.3.1 Increasing Use of Additive Manufacturing
- 5.4 Future Trends
- 5.4.1 Increasing Adoption of Grippers
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Robot End-Effector Market - North America Analysis
- 6.1 Robot End-Effector Market North America Overview
- 6.2 Robot End-Effector Market - Revenue and Forecast To 2028 (US$ Million)
- 7. North America 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. North America 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. North America 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. North America Robot End-Effector Market - Country Analysis
- 10.1 North America: Robot End-Effector Market
- 10.1.1 North America: Robot End-Effector Market- by Key Country
- 10.1.1.1 US: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 US: Robot End-Effector Market- by Type
- 10.1.1.1.2 US: Robot End-Effector Market- By Application
- 10.1.1.1.3 US: Robot End-Effector Market- By Industry
- 10.1.1.2 Canada: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 Canada: Robot End-Effector Market- by Type
- 10.1.1.2.2 Canada: Robot End-Effector Market- By Application
- 10.1.1.2.3 Canada: Robot End-Effector Market- By Industry
- 10.1.1.3 Mexico: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 Mexico: Robot End-Effector Market- by Type
- 10.1.1.3.2 Mexico: Robot End-Effector Market- By Application
- 10.1.1.3.3 Mexico: Robot End-Effector Market- By Industry
- 11. Impact of COVID-19 Pandemic on North America Robot End-Effector Market
- 11.1 Overview
- 11.2 North America
- 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 ATI Industrial Automation, Inc.
- 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 Destaco (Dover Corporation)
- 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 Festo SE & Co. KG
- 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 J. Schmalz GmbH
- 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 Kuka AG
- 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 Piab AB
- 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 Robotiq Inc.
- 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 Schunk GmbH & Co. KG
- 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
- 13.10 Zimmer Group
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
- 14. Appendix
- 14.1 About The Insight Partners
- 14.2 Word Index
- list of Tables
- Table 1. North America: Robot End-Effector Market - Revenue and Forecast To 2028 (US$ Million)
- Table 2. US: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 3. US: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 4. US: Robot End-Effector Market- By Industry-Revenue and Forecast to 2028 (US$ Million)
- Table 5. Canada: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 6. Canada: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 7. Canada: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 8. Mexico: Robot End-Effector Market- by Type -Revenue and Forecast to 2028 (US$ Million)
- Table 9. Mexico: Robot End-Effector Market- By Application -Revenue and Forecast to 2028 (US$ Million)
- Table 10. Mexico: Robot End-Effector Market- By Industry -Revenue and Forecast to 2028 (US$ Million)
- Table 11. List of Abbreviation
- List of Figures
- Figure 1. Robot End-Effector Market Segmentation
- Figure 2. Robot End-Effector Market Segmentation - By Country
- Figure 3. North America 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. US Dominated the Robot End-Effector Market
- Figure 8. North America - 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. North America: 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. North America Welding Guns Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 15. North America Clamps Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 16. North America Grippers Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 17. North America Suction Cups Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 18. North America Tool Changers Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 19. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 20. Robot End-Effector Market Breakdown by Application, 2020 and 2028 (%)
- Figure 21. North America Handling Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 22. North America Assembly Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 23. North America Welding Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 24. North America Processing Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 25. North America Dispensing Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 26. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 27. Robot End-Effector Market Breakdown by Industry, 2020 and 2028 (%)
- Figure 28. North America Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 29. North America Metals and Machinery Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 30. North America Electrical and Electronics Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 31. North America Food and Beverages Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 32. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
- Figure 33. North America: Robot End-Effector Market, by Key Country - Revenue (2020) (US$ Million)
- Figure 34. North America: Robot End-Effector Market Revenue Share, by Key Country (2020 and 2028)
- Figure 35. US: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 36. Canada: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 37. Mexico: Robot End-Effector Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 38. Impact of COVID-19 Pandemic in North American Country Markets
Pricing
Currency Rates
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