Executive Summary

The global robotic grippers market is expected to grow at a CAGR of XX% from 2021 to 2026, driven by the increasing demand for robots in various industries, the need for precision and accuracy in manufacturing processes, and the growing trend of collaborative robots or cobots. The market can be segmented by type, actuation, application, and region. The parallel grippers segment is expected to dominate the market during the forecast period, owing to their versatility and ability to hold objects with flat surfaces. The electric grippers segment is expected to grow at a faster rate, owing to their higher efficiency and lower maintenance costs compared to pneumatic and hydraulic grippers. The automotive and electronics industries are expected to be the largest application segments for robotic grippers, owing to their high demand for automation and precision in manufacturing processes. Asia-Pacific is expected to be the largest regional market, owing to the increasing adoption of robots in manufacturing processes and the presence of major robot manufacturers in the region.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights:

• The global robotic grippers market is expected to grow at a steady rate over the forecast period, driven by the increasing demand for robots in various industries, the need for precision and accuracy in manufacturing processes, and the growing trend of collaborative robots or cobots.
• The parallel grippers segment is expected to dominate the market during the forecast period, owing to their versatility and ability to hold objects with flat surfaces.
• The electric grippers segment is expected to grow at a faster rate, owing to their higher efficiency and lower maintenance costs compared to pneumatic and hydraulic grippers.
• The automotive and electronics industries are expected to be the largest application segments for robotic grippers, owing to their high demand for automation and precision in manufacturing processes.
• Asia-Pacific is expected to be the largest regional market, owing to the increasing adoption of robots in manufacturing processes and the presence of major robot manufacturers in the region.

Market Analysis:

The global robotic grippers market can be segmented by type, actuation, application, and region.

By type, the market can be segmented into parallel grippers and angular grippers. The parallel grippers segment is expected to dominate the market during the forecast period, owing to their versatility and ability to hold objects with flat surfaces. The angular grippers segment is expected to grow at a faster rate, owing to their ability to hold objects with irregular shapes.

By actuation, the market can be segmented into pneumatic,

By actuation, the market can be segmented into pneumatic, hydraulic, and electric grippers. The electric grippers segment is expected to grow at a faster rate, owing to their higher efficiency and lower maintenance costs compared to pneumatic and hydraulic grippers.

By application, the market can be segmented into automotive, electronics, aerospace, food and beverage, healthcare, and others. The automotive and electronics industries are expected to be the largest application segments for robotic grippers, owing to their high demand for automation and precision in manufacturing processes.

By region, the market can be segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to be the largest regional market, owing to the increasing adoption of robots in manufacturing processes and the presence of major robot manufacturers in the region.

Market Drivers:

The global robotic grippers market is expected to be driven by various factors, such as the increasing demand for robots in various industries, the need for precision and accuracy in manufacturing processes, and the growing trend of collaborative robots or cobots.

The adoption of Industry 4.0 and the increasing focus on automation in manufacturing processes are expected to be the major drivers of the robotic grippers market. The need for precision and accuracy in manufacturing processes is also expected to drive the demand for robotic grippers, as they offer better control and flexibility compared to manual handling.

Furthermore, the growing trend of collaborative robots or cobots is expected to drive the demand for robotic grippers. Cobots are designed to work alongside humans and require grippers that can be easily integrated and programmed.

Market Restraints:

The high initial cost of robotic grippers is expected to be a major restraint for the market, as it can limit the adoption of robots in small and medium-sized enterprises. The lack of skilled labor and the complexity of programming and integrating robots are also expected to be major challenges for the market.

The safety concerns associated with the use of robots in manufacturing processes are also expected to be a major restraint, as they can lead to accidents and injuries if not properly handled.

Market Opportunities:

The growing trend of Industry 4.0 and the increasing demand for automation in various industries are expected to create significant opportunities for the robotic grippers market. The adoption of collaborative robots or cobots is also expected to create new opportunities for the market.

Furthermore, the development of advanced grippers that can handle a wide range of objects and materials is expected to create new opportunities for the market.

Market Dynamics:

The global robotic grippers market is highly dynamic, owing to the rapid advancements in technology and the increasing demand for automation in various industries.

The market is characterized by intense competition, with several players competing on the basis of product innovation, pricing, and distribution. The market is also highly fragmented, with several small and medium-sized players competing alongside large multinational corporations.

Regional Analysis:

Asia-Pacific is expected to be the largest regional market for robotic grippers, owing to the increasing adoption of robots in manufacturing processes and the presence of major robot manufacturers in the region. The region is also expected to grow at the fastest rate during the forecast period, owing to the increasing demand for automation in various industries.

North America and Europe are also expected to be major regional markets for robotic grippers, owing to the presence of several large automotive and electronics manufacturers in these regions.

Competitive Landscape:

Leading Companies in the Global Robotic Grippers Market:

1. SCHUNK GmbH & Co. KG
2. Robotiq Inc.
3. Festo AG & Co. KG
4. Zimmer Group
5. Destaco (Dover Corporation)
6. ATI Industrial Automation
7. J. Schmalz GmbH
8. Soft Robotics, Inc.
9. IPR – Intelligente Peripherien für Roboter GmbH
10. OnRobot A/S

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation:

The global robotic grippers market can be segmented based on type, actuation, application, and region.

By type, the market can be segmented into:

• Parallel grippers
• Angular grippers

By actuation, the market can be segmented into:

• Pneumatic grippers
• Hydraulic grippers
• Electric grippers

By application, the market can be segmented into:

• Automotive
• Electronics
• Aerospace
• Food and Beverage
• Healthcare
• Others

By region, the market can be segmented into:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Category-wise Insights:

Based on the type of grippers, the parallel grippers segment is expected to dominate the market during the forecast period. Parallel grippers are versatile and can hold objects with flat surfaces, making them suitable for a wide range of applications.

Based on the type of actuation, the electric grippers segment is expected to grow at a faster rate during the forecast period. Electric grippers are more efficient and have lower maintenance costs compared to pneumatic and hydraulic grippers.

Based on the application, the automotive and electronics industries are expected to be the largest segments during the forecast period. The automotive industry requires high precision and accuracy in manufacturing processes, and robotic grippers offer better control and flexibility compared to manual handling. The electronics industry also requires precision and accuracy, and robotic grippers can handle delicate components with ease.

Key Benefits for Industry Participants and Stakeholders:

The adoption of robotic grippers can offer several benefits to industry participants and stakeholders, such as:

• Increased efficiency and productivity in manufacturing processes
• Improved accuracy and precision in handling objects
• Reduced labor costs and increased safety
• Improved quality control and consistency in manufacturing processes
• Better control and flexibility in handling objects with different shapes and sizes

SWOT Analysis:

Strengths:

• Robotic grippers offer better control and flexibility in handling objects compared to manual handling.
• The adoption of robotic grippers can improve efficiency and productivity in manufacturing processes.
• The growing trend of Industry 4.0 and the increasing focus on automation in manufacturing processes are expected to drive the demand for robotic grippers.

Weaknesses:

• The high initial cost of robotic grippers can limit their adoption in small and medium-sized enterprises.
• The lack of skilled labor and the complexity of programming and integrating robots are also major challenges for the market.

Opportunities:

• The development of advanced grippers that can handle a wide range of objects and materials can create new opportunities for the market.
• The adoption of collaborative robots or cobots is expected to create new opportunities for the market.

Threats:

• The safety concerns associated with the use of robots in manufacturing processes can lead to accidents and injuries if not properly handled.
• The intense competition in the market can lead to pricing pressure and reduced profitability.

Market Key Trends:

• The adoption of Industry 4.0 and the increasing focus on automation in manufacturing processes are driving the demand for robotic grippers.
• The growing trend of collaborative robots or cobots is expected to create new opportunities for the market.
• The development of advanced grippers that can handle a wide range of objects and materials is a key trend in the market.

Covid-19 Impact:

The Covid-19 pandemic has had a mixed impact on the global robotic grippers market. While the pandemic has led to disruptions in manufacturing processes and supply chains, it has also led to increased demand for automation and robotics in various industries.

The pandemic has highlighted the need for automation and the use of robots in manufacturing processes, as they can help reduce the risk of transmission and ensure social distancing. The demand for robotic grippers is expected to increase in the post-pandemic period, as companies focus on automation and increasing efficiency in manufacturing processes.

Key Industry Developments:

• In September 2020, OnRobot A/S acquired Purple Robotics, a Danish company that develops grippers for collaborative robots.
• In March 2021, Robotiq Inc. launched a new line of electric grippers that offer higher precision and accuracy compared to pneumatic grippers.
• In March 2021, Zimmer Group launched a new line of angular grippers that can handle objects with irregular shapes.

Analyst Suggestions:

Industry analysts suggest that the global robotic grippers market is expected to grow at a steady rate over the forecast period, driven by the increasing demand for robots in various industries and the need for precision and accuracy in manufacturing processes. The adoption of collaborative robots or cobots is also expected to create new opportunities for the market. Companies should focus on product innovation, pricing, and distribution to remain competitive in the market.

Future Outlook:

The global robotic grippers market is expected to continue growing at a steady rate over the forecast period from 2021 to 2026. The adoption of Industry 4.0 and the increasing focus on automation in manufacturing processes are expected to drive the demand for robotic grippers. The growing trend of collaborative robots or cobots is also expected to create new opportunities for the market. The development of advanced grippers that can handle a wide range of objects and materials is a key trend in the market. Companies should focus on product innovation, pricing, and distribution to remain competitive in the market.

Conclusion:

The global robotic grippers market is expected to grow at a steady rate over the forecast period from 2021 to 2026, driven by the increasing demand for robots in various industries and the need for precision and accuracy in manufacturing processes. The adoption of Industry 4.0 and the growing trend of collaborative robots or cobots are expected to create new opportunities for the market. Companies should focus on product innovation, pricing, and distribution to remain competitive in the market.