Global Electric Gripper Market to Perceive Substantial Growth During 2019-2025
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Developments in the electrical gripper market has been gathering momentum on the back of constant advances made in end-of-arm tooling used in the electrical industry and the rapid pace of automation. Electric grippers have grown in preference over pneumatic grippers owing to their environmental friendliness and better operational characteristics. Advancement in design of actuators have helped electric gripper earn a prominent place in robotic arm applications. Constant improvements over decades have led to development of electric tooling jaws with more efficient grip force and better speed control. Substantial demand for industrial automation has caused electric grippers to be integrated with industrial robots. Garnering a CAGR of 6.3% during 2018 – 2025, the global market is expected to attain US$270 million by the period-end.
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This report presents the worldwide Electric Gripper market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
An electric gripper is a tool mounted on the equipment to grip work pieces. By opening and closing the fingers powered by electric motor rather than pneumatic power, the electric gripper grips and releases work pieces.
Electric gripper and pneumatic gripper are two different types of gripper both widely used in various automation applications. Compared with pneumatic gripper, electric gripper are more cleaner grippers, need no air lines and save on power and maintenance, and electric gripper is more suitable to be used for detect grip.
Compared with pneumatic gripper, electric gripper is relatively a new born product; but the market of electric gripper is growing with a quite considerable speed. There are two types of electric grippers which are commonly produced and used, which includes two-finger electric gripper and three-finger electric gripper. Electric gripper is environmentally friendly and much more silent at operating, and they are more suitable than pneumatic gripper in many application situation.
Worldwide, there are about thirty manufacturers of electric grippers; and there is growing number of enterprises are entering the market attracted by the market potential. SCHUNK, SMC, Destaco, IAI and Parker Hannifin are the top five manufacturers of electric gripper in the market currently; they account more than half of the market total production volume of electric gripper.
In the next five years, the global production of electric gripper is forecasted to maintain a 8%-11% annual growth rate, and the production volume is expected in 2022 will be 195 thousand units.
The Electric Gripper market was valued at 160 Million US$ in 2017 and is projected to reach 270 Million US$ by 2025, at a CAGR of 6.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Gripper.
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The following manufacturers are covered in this report:
Electric Gripper Breakdown Data by Type
Electric Gripper Breakdown Data by Application
Electric Gripper Production by Region
The study objectives are:
To analyze and research the global Electric Gripper status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Electric Gripper manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Gripper market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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